Crazy month. Sane result. That seems the simplest way to sum up UK politics since the EU referendum. It's looked like chaos. But within a few weeks we have moved from a shock vote for Brexit to a leadership campaign via a period in which person after person, as the wonderful Ruth Davidson put it, was "resigning, getting knifed, bottling it, withdrawing, failing, declaring, or falling on their sword" and on to the coronation of a new prime minister and a perfectly good one at that.
This is the kind of thing that should make our political system the envy of the world because it works. It means, as analyst Russell Napier says, that the UK is capable of "flexing not breaking". The politicians who stretched a million truths in the run-up to the referendum are gone. The overvalued pound that produced our horrible current-account deficit is gone. The cost of our borrowing has fallen with gilt rates, such that we can now dump austerity. Our constitution, exchange rate and political system are all flexing. So far so good.
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