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The retreat of German rigour

If the Germans disregard their own rules in environmental technology, other people are not likely to heed Germanic strictures in economics.

CHARLES Goodhart, the distinguished British economist and former member of the Bank of England's monetary policy committee, and Volkswagen, the German car giant, were both born within a few months of each other, in October 1936 and May 1937 respectively. There, you might think, the similarities...