The whole of government needs to contribute to the shared goal of restructuring the British economy. But that means taking on the myth that the Treasury either knows best or can run it all. It just doesn't.
You know, you only get to live life once, so there are two things that that yields. One is that there's no point in crying over spilt milk, but secondly you hate wasting time, energy, and whatever talent you've got.
There is a danger for Britain as we perceive ourselves, or as we are - less wealthy, facing economic austerity - that we essentially draw back. I think there is a recoil in parts of the country, and in parts of the government actually, from the multilateral system, and I think that's dangerous and wrong.
The wedding ring on my left hand was bought by my grandfather, Samuel Miliband, in Brussels in 1920. I never knew him, as he died when I was one. But his ring was kept by my aunt until it was placed on my finger by my wife Louise 32 years later.
Today, Labour has a disruptive economic narrative - that Britain needs fundamental change in its market structure and culture to compete in the modern world.
Israelis and Palestinians are suspicious of each other and of promises from outside. But the need for a negotiated solution between the parties should not stymie international clarity and consensus about the endgame in terms of borders and other issues.