UK has reached the limits of ambiguity

The UK has a remarkably successful record of living with ambiguity. But, warns David Rowe, it may have reached the limits of its ability to do so

david-rowe

It is dangerous to venture into the politics of a country other than your own. Nevertheless, as an American who has lived for most of the past decade in London, I feel bound to try. As a risk manager, I also find the current situation to be a real study in what Frank Knight called ‘uncertainty'.

Now that the Scots have voted against independence, it is tempting to heave a sigh of relief and think, "I'm glad that's over!" Such an attitude would ignore an important historical reality. After a

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