The ever sage Lord Palmerston reckoned that «The function of government is to calm, rather than to excite agitation». That rather sums up Mario Monti’s approach. In his first year in government, he fulfilled the objective very effectively only to excite a great deal of agitation over his personal role in the future as his term in government came to an end. Next year there will certainly be much excitement around Monti before he resumes his more normal calming role.