As described in detail in Mining, wining and dining in Davos, last week's World Economic Forum for me consisted not of solving the world’s problems but tasting some great wine on three successive evenings. Perhaps the most surprising event was a blind tasting of top 2001 Bordeaux blends from around the world. Tomorrow I’ll explain some of the logic behind the tasting, a sort of Judgment of Davos which was renamed Innovation v Tradition by the World Economic Forum organisers. If there was a ‘winner’, which is always a dubious proposition in these comparative tastings, it would certainly seem to be...