United Kingdom

Can David Cameron Close the Deal?

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With the Labour Government exhausted and its supporters dismayed, why isn’t the Conservative Party leader David Cameron sailing home to victory?

Under the leadership of Prime Minister Gordon Brown, all the weaknesses of the Labour Party have been painfully exposed. British Prime Ministers are elected by the House of Commons, and the Members of that Parliament by the people; so when Brown’s predecessor Tony Blair resigned, his replacement as Labour Party leader became Prime Minister without a general election.  read more »

America's European Dream

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The evolving Greek fiscal tragedy represents more than an isolated case of a particularly poorly run government. It reflects a deeper and potentially irreversible malaise that threatens the entire European continent.

The issues at the heart of the Greek crisis – huge public debt, slow population growth, expansive welfare system and weakening economic fundamentals – extend to a wider range of European countries, most notably in weaker fringe nations like Portugal, Italy, Ireland, Greece and Spain (the so-called PIIGS). These problems also pervade many E.U. countries still outside the Eurozone in both the Baltic and the Balkans.  read more »

There is no "Free Market" Housing Solution

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The common line used by advocates of housing affordability has been that the solution lies in “free markets”. Yet this "free market" solution does not address the fundamental problem which is really a political one.

This true fundamental problem is particularly evident here in Britain, the leader in house price inflation and housing financial bubbles since the 1970s. In their recent report Global capital markets, the McKinsey Global Institute has confirmed what has been shown in recent Demographia surveys.  read more »

Predicting the Future of British House Building

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People are expecting British house building to pick up. Sadly they will be disappointed, even as the housing market inflates into another bubble.

There have been declines and recoveries in British house building before the 2007 collapse in construction activity. Data is in abundance. The total number of homes built annually has more than halved since the late 1960s, as successive governments withdrew from publicly funding the post-war welfare programme of council house building.  read more »

Our Euro President

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Barack Obama's seemingly inexplicable winning of the Nobel Peace Prize says less about him than about the current mentality of Europe's leadership class. Lacking any strong, compelling voices of their own, the Europeans are now trying to hijack our president as their spokesman.

There's a catch, of course. In their mind, Obama deserves the award because he seems to think, and sound, like a European. In everything from global warming to anti-suburbanism to pacifism, Obama reflects the basic agenda of the continent's leading citizens--in sharp contrast to former President George W. Bush.  read more »

Nice Houses for Ducks

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During the long hot summer of the expenses scandal in British politics, one of the most bizarre stories concerned a Conservative MP who claimed from the public purse for a second home: a place for his ducks. It wasn’t any old duck house, however, but a ‘Stockholm’ floating model, valued at over £1,500. It is over 5 feet high.  read more »

Rating World Metropolitan Areas: When Money is an Object

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American metropolitan areas have been the subject of considerable derision. Often characterized as inferior to those of Australia, Canada, Europe and even of Japan by planners and politicians who travel abroad, there has long been a desire to reshape American cities along the lines of foreign models. Yet, despite this, American metropolitan areas generally provide a standard of living to their residents unmatched anywhere in the world. This is based upon the latest comparative economic data for the world’s most affluent metropolitan areas.  read more »

UK Green Path leads to Deindustrialization and Worsening Housing Shortage

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The First Secretary of State, Secretary of State for Business, Innovation and Skills, and Lord President of the Council, Peter Mandelson, together with Ed Miliband, the Secretary of State for Energy and Climate Change, have published The UK Low Carbon Industrial Strategy. They are claiming it promises an "economic revolution” but is in fact an environmentalist retreat from industrial production It is a disastrous strategy that will result in further de-industrialisation, supposedly with the aim of addressing a rather vague threat of climate change.  read more »

Prince Charles is Britain's Master-eco-fraudster

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Thomas Paine was born in Thetford, Norfolk, in 1737. He understood that history is made. Aged 39, writing his Common Sense, he noted that Britain is constituted of '...the base remains of two ancient tyrannies, compounded with some new republican materials.' These were:

'First. - The remains of monarchical tyranny in the person of the king

Secondly. - The remains of aristocratical tyranny in the persons of the peers.

Thirdly. - The new republican materials, in the persons of the commons, on whose virtue depends the freedom of England.' (1)  read more »

View from the UK: The Progressive’s Dilemma

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American progressives long have looked upon Britain’s Labour Party as an exemplar of how to prioritize social welfare without entirely alienating business. Unlike their European counterparts, whose overly suspicious view of wealth and overly generous view of social welfare spending make poor role models for America, the British Labour Party has brokered a “partnership” between wealth and welfare over the years more suitable to the American psyche.  read more »