UK's Economic Malaise: The Shackles of Planning and Construction

The UK, birthplace of the Industrial Revolution, is grappling with energy shortages and a cost-of-living crisis. A new report, "Foundations," reveals that the root cause lies in its complex planning and construction system. Post-war nationalization and stringent town planning laws led to housing shortages, skyrocketing prices, a lack of middle-class housing, and increased social tensions. Energy-wise, the UK faces policy bottlenecks in nuclear and gas production, resulting in high energy costs. The authors argue that the UK needs planning reform, fewer anti-growth lawsuits, and direct encouragement of energy production to revitalize its economy.