The solution to our economic woes lies in unleashing our building potential The year is 1979. Beholden to trade union leaders, strikes have left Britain in disarray. In the wake of the Winter of Discontent, descriptions of Britain as the "sick man of Europe" seemed apt; such a label is not out of place today. Like James Callaghan was then, much of our political class seems to be on the beach in the Bahamas, with their heads in the sand while catastrophe awaits. Cures to our malaise are available, but the anti-growth coalition that dominates Britain refuses to enact any policy that capitalises on the resources — human or physical — available to us. Even among information economies, Britain is blessed with its array of world-class higher education institutions. Despite this, no considered effort has been made in converting this abundance of talent into economic prosperity. None of the world's ten largest biomedical companies are British. World-class universities are the key...
Invention is drawn from ignorance.