Mario Draghi’s best ideas are those Europe finds least comfortable

By the standards of such reports, Mr Draghi’s is commendably plain-spoken (thereby winning an endorsement from Elon Musk, who aspires to be a scourge of obscurantist bureaucrats). The former Italian prime minister and president of the European Central Bank speaks with authority and much of what he calls for is desirable. That includes more integrated markets, so that European startups can benefit from scale among their customers and their financial backers. Mr Draghi also wants to unify decision-making on public investments; to pare back the thickets of regulation ensnaring Europe’s companies; and to link up electricity grids.