Theresa May appears to have given the green light to a new nuclear power station at Hinkley Point. The problem is that all the evidence suggests that this project will be terrible value for money for consumers. First, there is the cost of constructing Hinkley – which is, in a word, enormous. The power station […]
Brexit campaigners owe a debt of gratitude to their Continental counterparts. First of all, there were the volunteers who came over during the referendum campaign, both as individuals and as delegates from various organisations. Their presence reinforced morale on the ground, disproved the claims that we were a bunch of Little Englanders, and provided some added media pull for local […]
Almost a fortnight ago, this year’s GCSE results were released and saw the biggest ever year-on-year decline in the rate of students attaining top grades. The overall proportion of candidates achieving A* to C has declined from 69% to 66.9%. Of this, science and engineering subjects had the lowest rate of A* grades of all subjects […]
Since the 1990s, Sweden has had a thriving welfare sector in which private firms, through vouchers or public contracts, carry out the provision of many welfare services. This has worked out well overall, as the for-profit schools, care for the elderly and health services are popular with the general public. Additionally, the public sector can […]
Ever since the times of Karl Marx, left-wing economists have focused on capital – who owns it, and how can they use it to exploit the working class to make a buck. Thankfully, Marxist predictions of the proletariat rising up in revolution and seizing ownership of the means of production have rather spectacularly failed to […]
Following the Brexit vote, the race to succeed London as Europe’s financial capital is on. “We know that groups based in the City are planning to leave for Dublin, Amsterdam, Frankfurt and Paris,” the French prime minister, Manuel Valls, told journalists soon after the UK’s referendum. Other countries in the European Union are also intent […]
Prior to the June 23 referendum on British membership in the European Union, British voters were subjected to a barrage of warnings about the dire consequences of British withdrawal from the EU on the British economy and on Britain’s international standing. Experts, foreign and domestic, predicted recession and urged voters to back the Remain campaign. […]
Many well to do Londoners who bought their homes twenty years ago have become millionaires by sitting on their backsides in front of their televisions. The astronomic rise in house prices has been somewhat less so rosy for the rest of the country. Rent now makes up two fifths of private tenant’s outgoings, and the […]
Private appropriation of space is on the way and it could be a great news for those involved. A major technico-economic mutation always has unexpected consequences. Who could have foreseen, ten years ago, that the Moore law and the NBIC mutation (convergence of Nanotechnologies, Biotechnologies, Informatics and Cognitive sciences) would dramatically reduce the costs of spatial […]
“Hey, guy, tuck your shirt in, yeah?” The boy scurrying across the cafeteria of Samuel J Green Charter School mumbles an apology, and tidies away the trailing flap of his white shirt. Jay Altman gives a satisfied nod, bends to pick up a stray piece of litter on the floor, and then continues on his […]
Watch or listen to CapX’s weekly podcast ‘The Capitalist’ wherever you get your podcasts.
