Next prophetic insight, motherhood/apple pie can be good. But he is a critical friend of capitalism. He wants to make a success of it. He is a positive force. He wants to level up not down. He is more concerned with free will than resorting to regulation that renders us moral cripples. With economic growth we are able to deal with some of the great issues of human flourishing, such as loan-sharking, the breakdown of families, the high levels of unemployment and the 1,100 people who have visited a food bank that I opened last week-a food bank in this country. Such things destroy human flourishing and diminish the human spirit. The need for confidence and investment in skills is not merely to have a bigger economy but to enable us to see a transformation of our society. These things will not happen merely through exhortation but they require action and leadership. Is that obvious? It is to me, but I'm not so sure it is to Dr Williams. Financial services have huge potential as vehicles of the common good in order to unit increasingly autonomous and disparate societies. In the same speech he said that regulation was not the answer, but that a change of culture was the key. He said banks "must be allowed to fail." He commended another speech by Andrew Haldane of the Bank of England, "The Dog and the Boomerang." (On the Bank of England's website it is actually entitled "The dog and the frisbee.")