It was a discouraging comment in an otherwise sparkling hour of conversation between Braver and Barnett, who met as undergraduates at the University of Wisconsin in the 1960s and have managed to balance their work and family life. Among Barnett's specialties is preparing Democratic candidates for presidential and vice presidential debates, but Braver told the audience that he stepped aside in 1996, despite his long allegiance with Bill Clinton, so that she could serve as White House correspondent for CBS; Barnett joked that he won the Best Husband Award in his condominium that year.

With the unprecedented parliamentary rejection of a major foreign policy initiative, Britain has indeed crossed a watershed in foreign policy making, but the question is not about whether the UK engages with the world. It is about how its foreign policy is made. The former German foreign minister, Joschka Fischer, shocked the world when he declaimed to Rumsfeld in 2003: ""My generation learned you must make a case, and excuse me, I am not convinced..That is my problem, I cannot go to the public and say, 'these are the reasons', because I don't believe in them." But his political rather than diplomatic style which was so surprising in 2003 is on the way to becoming the new normal in 2013, as last night's debate shows.It would be easy to assume that the stirring words of Martin Luther King Jr.'s "I Have a Dream" affected Americans most of all. His goading of a nation to live up to the democratic principles of its founders was a sharp display of America's private grief. The wrongs he set out to right were internal and shaming - American sins that stretched back to the days of slavery. When he rose to speak, King was clearly aiming his remarks at his fellow Americans.

The more obvious problem with exchanges run by computers is that computers don't have any common sense. We saw this on the 6th of May, 2010 - the day of the so-called "flash crash", when in a matter of a couple of minutes the US stock market plunged hundreds of points for no particular reason, and some stocks traded at a price of just one cent. It was sheer luck that the crash happened just before 3pm, rather than just before 4pm, and that as a result there was time for the market to recover before the closing bell. If there hadn't been, then Asian markets would have sold off as well, and then European markets, and hundreds of billions of pounds of value would have been destroyed, just because of a trading glitch which started on something called the e-mini contract in Chicago.

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