Member of the Khadi Ghram Udyog spindle the cotton tread during the celebration of Mahatma Gandhi's birth anniversary in Southern Indian city of Bangalore, 02 October 2012. Mahatma Gandhi's birthday (02 October 1869) is marked as the International Day for Non-Violence ©Corbis 10:38pm

Homespun change is still in the frame

From Dr Narayan S. Rau. Sir, As always, I read Samuel Brittan’s profound articles with interest, and ‘The long foreshadowed decline of western dominance’ is no exception

10:38pm

West is not yet ready to give up its dominant role

From Prof Robert H. Wade. Sir, Samuel Brittan says that the present threefold gap between the average income of the US and western Europe and the world average ‘can hardly be expected to last’

10:37pm

Sensible rules and trust are required

From Mr Stephen Sklaroff. Sir, Lex argues, in ‘Leasor of two evils’, that leases should go on companies’ balance sheets

10:37pm

An old joke has a new punch line

From Ms Christine Mar Ciriani. Sir, There used to be a joke at Wegelin that the only two ways of leaving the bank as a relationship manager was retirement or death

10:37pm

The tax system just got more complex

From Mr Adam Harper. Sir, While changes do need to be made to the child benefit charges, I can empathise with Ed Balls as, for many, the changes do seem shambolic

10:36pm

Comparing good apples with bad

From Mr Simon Potter. Sir, During recent trips to my local supermarket, I have sensed that the quality of fresh fruit and veg has been deteriorating during these hard times

10:36pm

Joy is unconfined as we relearn liquid assets ratio

From Mr Thomas Lines. Sir, So the Bank for International Settlements has rediscovered liquidity ratios

10:36pm

Assad’s speech was a triumph of the art of public relations

From Ms Diana Darke. Sir, Your coverage of President al-Assad’s speech might also have explained one of the key reasons the Assad regime has defied all predictions of its imminent demise

Shirley Maclaine in ‘Downton Abbey’ ©Carnival Film Jan 6, 2013

The arts always glimpse the future first

From Mr Tom Brown. Sir, Sir Samuel Brittan in his ever thoughtful essay on the decline of western dominance suggests that no pundit in 1913 predicted the oncoming Great War

Jan 6, 2013

External vested interests have held back growth

From Ms Diezani Alison-Madueke. Sir, Sebastian Mallaby is to be congratulated for recognising that the development of sound central policies has started to have a real positive impact on many African nations

Jan 6, 2013

Balls is counting money that will already have gone

From Mr Mark Wood. Sir, At first glance there is something for almost everyone in Ed Balls’ inaugural policy proposal

Jan 6, 2013

No majority until the Tories unshackle their militant wing

From Mr Alistair Craig. Sir, I enjoyed reading Philip Stephens’ article on how rightwing parties have become prisoners of their active supporters, but it is not a new phenomenon

Jan 6, 2013

Targeting NGDP would have made no difference

From Mr Robert J. Barbera. Sir, Scott Sumner’s commentary suggests that doubts about Federal Reserve Board goals played an important role in 2008

Jan 6, 2013

Monetary policy has little effect

From Mr Tony Welsh. Sir, Scott Sumner’s suggestion that central banks should target nominal gross domestic product makes me wonder how that might have affected their actions since 2008

Jan 6, 2013

Venture capitalism is misperceived

From Mr Tim Hames. Sir, David Richards is absolutely right to assert the fundamental importance of venture capital to the growth of UK technology companies

Jan 6, 2013

More to VC than writing a cheque

From Mr Dmitry Alimov. Sir, David Richards’ criticism of the venture capital industry is nothing new

Jan 6, 2013

Robots will help in worker shortage

From Mr Robert Kincaide. Sir, In your article on South Korea’s declining birth rate, you neglected to mention the silver lining

Jan 6, 2013

Don’t mix up computer chips and HFT

From Mr David Kelland. Sir, Larry Harris’s article supporting speed limits on high-frequency trading, has attracted criticism that has conflated those limits with Luddism

Jan 5, 2013

Real problem with English spelling

From Mr Thomas Dunskus. Sir, As a German with a fairly strong background in English, I was very much interested in what Michael Skapinker had to say about English spelling

Jan 5, 2013

Quite right not to trust forecasts

From Mr Robin Lustig. Sir, The always excellent Tim Harford is of course absolutely right to remind us that economic forecasters are not to be trusted

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