Moreover, Mr. Greenspan is candid in saying that there are many things about the fast-changing economy that even he does not fully understand.

Mr Osborne recognises that Britain, for good or ill, is a relatively small player in a fast-changing global economy.

Because people need to be able to train for new jobs and careers in today's fast-changing economy, we're also revitalizing America's community colleges.

Moreover, many economists say, helping workers deal with the dislocations wrought by a fast-changing economy would help temper their fears about globalization and forestall a protectionist backlash.

"In a very fast-changing economy, like information and technology, you either grow or perish."

In a fast-changing economy, where more and more companies try to remain small and nimble while farming out tasks to subcontractors, this old model of company-worker relations is far less prevalent.

The proposed rules test the Government's ability to keep up with a fast-changing economy in which technology is continually altering the nature of work and the tasks performed.

Will they have any help finding new jobs in a fast-changing economy?

"In a fast-changing economy that demands increasingly specialized skills, these young people are in danger of being left at the starting gate."

Telegraph View: Osborne recognises that Britain is a relatively small player in a fast-changing global economy.