Ms Lange said the distances in Scottish cities were good for cycling and that if you reach a critical mass of about 10% ofcycle traffic it starts changing the dynamic to make the roads safer for cyclists.
Intellectually, he may be on the side of modernity, but emotionally and aesthetically he is seduced by the idea of history as a natural cycle which is both forever changing and always the same.
Changing the figure to take account of the cycle would make more sense, but it would introduce a complex and disputable new calculation, with countries arguing endlessly over precisely where they were in the cycle.
Investors have been aware for a while that the booming economies of these super-giants provide ample opportunity, but, as Steinmetz puts it, the cycle is changing.