In a globalized world managed by bankers and technocrats, many people feel that they have no say in public affairs they feel abandoned.

And if actually we created a Ministry of Detail and business actually had Chief Detail Officers, then that fourth quadrant, which is so woefully neglected at the moment, might finally get the attention it deserves.

Although oil prices have now fallen back from their peak, that debate must not be forgotten, for it has profound policy implications that government officials would be derelict to ignore.