Why are houses in London so expensive?

Oxford Economics’s Ian Mulheirn writes that London’s housing market isn’t expensive because of a lack of building, and building more wouldn’t lower prices. I disagree.  Claim one: housebuilding has outstripped household formation, so if anything we have a surplus of housing.  Household formation is “endogenous” – it is determined, to some extent, by housing availability. My flatmate and I count as a single household, even though…

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To the late, great, Bob Bee

Robert Bee, 1925-2017 We were sad to hear of the death of Bob Bee, 92, former Chairman of the AdamSmith Institute. He was a US citizen, but moved to London in 1978 to becomechairman of the London Interstate Bank. As a fervent supporter of liberty and freemarkets, he joined the board of the Adam Smith Institute and soon became itsChairman. He used his extensive City…

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Take a Knee #resistance. “If he said it, we’re against it”

Take a knee began with Colin Kaepernick, the original take a knee’r, conflating high volume social protest with NFL level player ability.

Then in a mixed up public always looking for deeper meanings in TV shows like Game of Thrones (sometimes a mediocre show is just a mediocre show) it transformed into a symbolic protest against the injustice of police gunning down innocent black men. This was originally in response to the “hands up don’t shoot” narrative about the shooting of Michael Brown in Ferguson, Missouri—a narrative that was comprehensively debunked by the Department of Justice civil-rights task force sent to Ferguson by the Obama administration.

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Star Trek Discovery. No BS review

I grew up watching the original Star Trek. I was too young to see its first go-round, it had just been cancelled. I was the generation that loved it only once it had gone.

As there were not many episodes and it aired daily, I knew every one. These were days before television shows were implanted with endless novelties for tv blogging sleuths. Sometimes a tv show is just a tv show.

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We get it, you did a blog about vaping

I love teasing my friends who use e-cigarettes. There’s something intrinsically uncool about e-cigs – they’re gadgety, a bit silly-looking thanks to their chunkiness and the huge clouds of vapour they produce, and bring to mind the sort of middle aged geezer who hangs around CAMRA beer festivals with a beer checklist. I love to send my friend Dan photos of new vape shops that…

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Against rural broadband

Society got very excited about the invention of the car. From the 1950s onwards especially, governments around the world began huge road-building projects, bulldozing swathes of cities for huge multi-lane dual carriageways. This frenzy has subsided, and it’s largely clear how this ideological expansion reformed our cities for the worse. Highways are a crucial part of a nation’s infrastructure. Turnpikes—privately-funded and toll-financed roads—were, alongside the…

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