Part one of this series examined the role expectations play in deciding our national direction of travel. Expectations about the future alter our behaviour today. Where do these expectations come from? They come from the stories we read, the people we meet, and the chances we see our friends and neighbours taking. Part two looked at the dynamic of the state—where it is going. Part three looked at the interaction of ideas, interests, and institutions. Without a focus on quality institutions, we are, to use a scientific term, goosed. Institutions help us see the future, and more importantly, they help…

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