However foolish Mr Saakashvili was to give Russia a pretext for invasion, he should stay in office until Georgians themselves throw him out.

ECONOMIST: NATO and the invasion of Georgia

It would, however, be pretty foolish for South-East Asian economies to return to fixed rates in today's world of highly mobile capital.

ECONOMIST: Getting out of a fix

It is not foolish, however, to delve into previous history and monetary principles in the search for an investment strategy most suited to these present times of monetary chaos.

FORBES: Despair and Hope Beyond Chairman Bernanke's Monetary Cliff

Mr Salmond said it would be foolish to claim success in the battle against drug abuse, however the number of young people using drugs was falling and it would require a joint effort across all parties to combat the problem of drugs.

BBC: First minister's questions

However, he offered Royal Mail management the opportunity of arbitration through Acas and said it would "be foolish of me not to be mindful of the impact of a strike" on the economy.

BBC: CWU chief warns of extra strikes