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The Economist has a regular column ‘Bagehot’ which discusses UK affairs named after Walter Bagehot, a 19th Century constitutional lawyer who wrote the classic book The English Constitution. His contribution to constitutional law is still remembered today, for he gives us the three rights of the Monarch (and his/her vice-regal officers): “The right to be consulted; The right to encourage; The right to warn.”

I had no idea that he was also the Editor-in-Chief of the Economist. That august newspaper has become that little bit more august in my mind.

He also said the following choice quote:

It is often said that men are ruled by their imaginations; but it would be truer to say they are governed by the weakness of their imaginations.


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