Meanwhile in the UK Birmingham, Edinburgh, Manchester, Newcastle, Nottingham and Sheffield have light rail and Glasgow and Liverpool have underground systems. I'm not sure that Britain's ec… (View Post)

But housing costs vary enormously per person. If you've paid off your mortgage then they can be minimal. While for others they can take almost all of their earnings. Meaning there can be huge di… (View Post)

Indeed. GDP growth would follow the law of diminishing returns. If a country already has free markets, modern communication systems, an educated workforce and the rule of law there is little scope fo… (View Post)

Because no government is going to say it will spend less on pensions or less on the NHS. Not to mention government ministers, of every political persuasion, want to spend more as it makes them feel m… (View Post)

To be pedantic I don't think the Boris problem was one of incompetence. But rather one of idiocy and in particular idiocy of an insecure and self-indulgent variety. For example the Downing Stree… (View Post)