Economic Review 2016: Ignore the risks and pay the price

The current state of the world resembles a fiendishly difficult knot to many citizens, yet those in power seem unable to confront economic and political problems

The most idiotic phrase of the year was the one parroted by those who said Brexit would be like the Y2K bug – a load of fear-mongering talk up to a definite date, after which nothing would happen. Yeah, right.

Where ...