Dr Eric Crampton: An age of prosperity gives way to the time of monsters

Late last year, online newsmagazine The Spinoff asked the usual suspects for their one-sentence summary of the year ahead.

I stole a line from Gramsci, or at least a paraphrased version of it. Translations vary, and I don’t read Italian. “The old world is dying, and the new world struggles to be born: now is the time of monsters.”