Mistakes Are Nothing To Be Ashamed Of.

I Rarely Come Away From Presenting The 'today' Programme Without Some Sense Of Regret. There Is Always Some Question That I Should Have Asked, Or Some Point That I Should Have Made. This Is Annoying But Not Surprising. Perfection Is Hard To Achieve In A Three-hour Live Programme.

Although Being Economics Editor Sounds Impressive, It Does Not Mean I Actually Edit Anything. It Mainly Reflects Two Decades Of Title-inflation At The Bbc, Which Has Given Ever More Status To Senior Reporters, Presumably Because It Is Cheaper To Do That Than To Offer Higher Pay.

Interestingly, Human Irrationality Is A Hot Topic In Economics At The Moment. Behavioural Economics It's Called, On The Cusp Of Economics And Psychology.

Crossrail Is A Prime Example Of Infrastructure. It Is A Rather Deadly Word, But I Think It Is Exciting Stuff, The Civil Engineering Which Makes Britain Tick - The Bridges, Tunnels, Power And Water Networks, Which Bind Us Together.

The Germans Are Clear About What They Do - Cars And Machine Tools; The Japanese Are Clear About What They Do - Electronics; The Chinese Are Clear About What They Do - They're The Workshop Of The World.