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gordon-brown-statesman-of-the-year

The UK Prime Minister Gordon Brown picked up the World Statesman of the Year award at a ceremony at the Waldorf Astoria in New York today, in recognition of his handling of the global economic crisis as it unfolded a year ago. I’d have thought the fact that he might have been disqualified by the fact that he (along with the American authorities) caused the crisis in the first place, by engineering a protracted boom on the basis of low interest rates and lots of government borrowing. And that his ‘handling’ of the crisis amounted to throwing even more money at the problem. In that sense, he has simply bought this honour…with our money!