What's the matter with the United Kingdom' Great Britain is the birthplace of the Industrial Revolution, which ushered in an era of energy super-production and launched an epoch of productivity advancements that made many life essentials, such as clothes and food, more affordable. Today, the country suffers from the converse of these achievements: a profound energy shortage and a deep affordability crisis. In February, the Bank of England reported an ongoing productivity slump so mysterious that its own economists 'cannot account fully' for it. Real wages have barely grown for 16 years. British politics seems stuck in a cycle of disappointment followed by dramatic promises of growth, followed by yet more disappointment. A new report, titled 'Foundations,' captures the country's economic malaise in detail. The U.K. desperately needs more houses, more energy, and more transportation infrastructure. 'No system can be fixed by people who do not know why it is broken,' write the report's...
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