Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers.

1. Osborne should not be complacent (Financial Times)

The decision to tighten fiscal policy was a spectacular own goal even if the IMF does not dare to say so, writes Martin Wolf.

2. The Muslim faith does not turn men to terror (Daily Telegraph)

The two suspects in the Woolwich killing were violating the doctrine of their own holy book, says Mehdi Hasan.

3. Tories should not be prisoners of tradition (Times)

Tom Paine is hardly an icon of conservatism, but he has important lessons about marriage for David Cameron, writes Philip Collins.

4. Woolwich was a case study in the banality - and the idiocy - of evil (Daily Telegraph)

We shouldn’t bother looking for any logic in attacks like these, writes Fraser Nelson. There is none to be found.

5. This echo chamber of mass hysteria only aids terrorists (Guardian)

Perpetrators of violent acts of terror thrive on publicity – so politicians and the media need to stop giving it to them, writes Simon Jenkins.

6. For the best results, keep executive pay down (Times)

The bosses of the NHS and G4S earned so much that they had no fear of failure, says Ross Clark.

7. Why the right could doom welfare reform (Daily Telegraph)

Disability testing isn’t working as it should – and Conservatives must have the courage to admit it, says Isabel Hardman. 

8. George Osborne puts his pride before the national interest (Guardian)

An economically literate chancellor would rise to the challenge set down by the IMF, writes Ed Balls.

9. The long recession has one silver lining; EU leaders are finally tackling 'tax shopping' head on (Independent)

Cyprus was widely criticised for offering a haven for the money of Russian oligarchs, but the rest of Europe is littered with similarly cosy nooks, writes Peter Popham.

10. Jeremy Hunt's blundering blaming of GPs makes for bad politics (Guardian)

The health secretary is taking a risk in gunning for family doctors, says Polly Toynbee. The public trust them more than they do those in government.

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UnHerd's rejection of the new isn't as groundbreaking as it seems to think

Tim Montgomerie's new venture has some promise, but it's trying to solve an old problem.

Information overload is oft-cited as one of the main drawbacks of the modern age. There is simply too much to take in, especially when it comes to news. Hourly radio bulletins, rolling news channels and the constant stream of updates available from the internet – there is just more than any one person can consume. 

Luckily Tim Montgomerie, the founder of ConservativeHome and former Times comment editor, is here to help. Montgomerie is launching UnHerd, a new media venture that promises to pull back and focus on "the important things rather than the latest things". 

According to Montgomerie the site has a "package of investment", at least some of which comes from Paul Marshall. He is co-founder of one of Europe's largest hedge funds, Marshall Wace, formerly a longstanding Lib Dem, and also one of the main backers and chair of Ark Schools, an academy chain. The money behind the project is on display in UnHerd's swish (if slightly overwhelming) site, Google ads promoting the homepage, and article commissions worth up to $5,000. The selection of articles at launch includes an entertaining piece by Lionel Shriver on being a "news-aholic", though currently most of the bylines belong to Montgomerie himself. 

Guidelines for contributors, also meant to reflect the site's "values", contain some sensible advice. This includes breaking down ideas into bullet points, thinking about who is likely to read and promote articles, and footnoting facts. 

The guidelines also suggest focusing on what people will "still want to read in six, 12 or 24 months" and that will "be of interest to someone in Cincinnati or Perth as well as Vancouver or St Petersburg and Cape Town and Edinburgh" – though it's not quite clear how one of Montgomerie's early contributions, a defence of George Osborne's editorship of the Evening Standard, quite fits that global criteria. I'm sure it has nothing to do with the full page comment piece Montgomerie got in Osborne's paper to bemoan the deficiencies of modern media on the day UnHerd launched. 

UnHerd's mascot  – a cow – has also created some confusion, compounded by another line in the writing tips describing it as "a cow, who like our target readers, tends to avoid herds and behave in unmissable ways as a result". At least Montgomerie only picked the second-most famous poster animal for herding behaviour. It could have been a sheep. In any case, the line has since disappeared from the post – suggesting the zoological inadequacy of the metaphor may have been recognised. 

There is one way in which UnHerd perfectly embodies its stated aim of avoiding the new – the idea that we need to address the frenetic nature of modern news has been around for years.

"Slow news" – a more considered approach to what's going on in the world that takes in the bigger picture – has been talked about since at least the beginning of this decade.

In fact, it's been around so long that it has become positively mainstream. That pusher of rolling coverage the BBC has been talking about using slow news to counteract fake news, and Montgomerie's old employers, the Times decided last year to move to publishing digital editions at set points during the day, rather than constantly updating as stories break. Even the Guardian – which has most enthusiastically embraced the crack-cocaine of rolling web coverage, the live blog – also publishes regular long reads taking a deep dive into a weighty subject. 

UnHerd may well find an audience particularly attuned to its approach and values. It intends to introduce paid services – an especially good idea given the perverse incentives to chase traffic that come with relying on digital advertising. The ethos it is pitching may well help persuade people to pay, and I don't doubt Montgomerie will be able to find good writers who will deal with big ideas in interesting ways. 

But the idea UnHerd is offering a groundbreaking solution to information overload is faintly ludicrous. There are plenty of ways for people to disengage from the news cycle – and plenty of sources of information and good writing that allow people to do it while staying informed. It's just that given so many opportunities to stay up to date with what has just happened, few people decide they would rather not know.