07/05/2007 1:25:45 pm
Rome and Reforms. I just gave a speech about the need for free-market reforms in Europe for the annual retreat of the National Centre for Policy Analysis - this time in Rome. I spoke after Bob McTeer, former President of the Federal Reserve Bank of Dalls, and was succeeded by former Italian Defence Minister Antonio Martino.

Rome is always a striking reminder of the rise and fall of societies. There are so many impressive remnants of the - for its time - extremely sophisticated and advanced Roman Empire. It provides a perpective when discussing any need for change of direction, reforms and improvement.

The struggle throughout history between rationalism and religion is also very visible everywhere. Interesting and indeed ongoing, with different symbols and methods over the years.

Anyway, the sunshine and great pasta are also candidates for the first place in making the stay more than worthwhile...