The ‘false precision’ of which Maynard Keynes accused his economist critics is with us still. Worse: we have smuggled in a misleadingly ‘ethical’ voc… - Tony Judt

Perhaps the real difficulty facing anyone seeking intellectuals at the highest political levels in England is that the intellectual agenda which drove ideologically-configured political movements in continental Europe was quite absent in London.

In important respects Italy’s condition after the war stood comparison with that of Austria. Both countries had fought alongside Germany and had suffered accordingly after the war (Italy paid a total of $360 million in reparations to the Soviet Union, Greece, Yugoslavia, Albania and Ethiopia). Like Italy, Austria was a poor and unstable country whose post-war renaissance could hardly have been predicted from her recent past. The country’s two dominant political groupings had spent the inter-war years in bitter conflict. Most Austrian Social Democrats had regarded the emergence in 1918 of a truncated Austrian state out of the ruins of the Habsburg Empire as an economic and political nonsense. In their view the German-speaking remnant of the old Dual Monarchy ought logically to have joined its fellow Germans in an Anschluss (union), and would have done so had the self-determination clauses of the Versailles agreements been applied consistently.

One of the very few things that I know I believe strongly is that we must learn how to make a better world out of usable pasts rather than dreaming of infinite futures. It’s a very late-Enlightenment view that says that the only way to make a better future is to believe that the future will be better. Smarter people than me used to believe very differently and I think it is time to listen to them once again.