Crime is valuable feedback about what childhood in a society means, about its education, economics and culture—about whether this is a society that w… - David Fleming

Unfortunately, the critics of economics have had a tendency to discuss the whole structure as a tissue of misconceptions. It is a critique that fails. The strength of economics is its considerable, if far from complete, understanding of the flows and comparative advantages that underlie trade, jobs, capital and incomes, and the logic of optimising behaviour, all backed by glittering accomplishment in mathematics. That makes it a powerful analytical instrument, so that just a few misconceptions – such as a failure to understand the informal economy or resource depletion – have leverage: like a baby monkey at the controls of a Ferrari, they can turn it into an instrument with extraordinarily destructive potential. If it were a tissue of errors, it would not be dangerous: it is its 90 percent brilliance which makes it so.

There are two morals to the story. The first is: avoid giving false alarms. The second is: in the end, the wolf came, so do not be misled by previous false alarms into thinking that the latest alarm is false, too. Of these two morals, the second one is more significant. Believing false alarms wastes time, but can lead to some helpful advice for apprentice shepherds; disbelieving all alarms can lead to a local lad being eaten, for starters.

The difficult task will not be to move away from our market-based civil society: that will fall away so fast that we will find it hard to believe it was ever there. The task, on the contrary, is to recognise that the seeds of a community ethic—and, indeed, of benevolence—still exist. It is to join up the remnants of local culture that survive, and give it the chance to get its confidence back. We now need to move from a precious interest in culture as entertainment, often passive and solitary, to culture in its original, earthy senses of the story and celebration, the guardianship and dance that tell you where you are, and who is there with you...