The Archbishop of Canterbury's appearance as part of a very thorough Newsnight, looking at the aftershock of the credit crunch, received loads of attention in the press, as he 'called' for the City to repent. That this is what was reported spoke volumes, I thought. A priest is bound to call people to repent, all people.

Much more interesting were his remarks about how we were intimidated by the supposed expertise of economists, who presented their knowledge as an exact science. Then, we were all deluded by what counts as wellbeing, thinking it is reducible to figures on a screen. And we've missed Keynes stress on uncertainty as something utterly unavoidable; mitigating risk won't remove it.

I'm glad to see 'uncertainty' has copious entries in Robert Skidelsky's new book on the great economist. I'm buying it immediately.