Mark Carney, the Bank of Canada governor who's been appointed to head the Bank of England, may go down in history as the best prime minister Canada never had.
Carney has a Harvard and Oxbridge background. He is bilingual, with George Clooney good looks, and the ability to deliver pithy sound-bites. Overall, Carney, 47, was seen as the very antithesis of Justin Trudeau, 40, whose most challenging management mission to date was teaching a high school drama class. Why, then, did he slam his door on this opportunity?
The striking appointment of Mark Carney as the new governor of the Bank of England can be interpreted in a wide number of ways -- from a view that highlights the global governance dimension to British and Canadian-specific aspects of the story. From a transnational perspective, Carney's appointment is another sign of the rise of free-agent technocracy in an age of crisis.
Despite his denials of rumours that have been floating around for months, Bank of Canada Governor Mark Carney has been appointed the head of the Bank of England. Britain's Treasury gushed over Carney'...