This morning I heard on the Today Programme that Max Hastings has been slating the British as idle and useless compared with the Chinese. John Humphreys must have been itching to say, "That's a load of tosh and my colleague Evan Davis's book explains exactly why". Well, I can't be certain that John Humphreys has read the book but I have, and I will never be deceived by ignorant raving about Britain again. Reading it actually changed my opinion.
"Made in Britain" is an extraordinary combination - a serious book about economics which is entertaining, easy to read, easy to understand, balanced and impregnably sound in its judgements. The author is not just a journalist but a respected economist with a background at Oxford, Harvard, London Business School and the Institute of Fiscal Studies.
The book is unfortunately littered with typos. The author must have been furious with the BBC for screwing up the schedule so that it went to print before it had been properly edited. But, as he points out astutely in chapter 11, organisations protected from market forces with a licence to collect money, can become too much of a good thing.
This is pretty much a must-read for anyone interested in the state of Britain or worried about our future.