1. Britain's chancellor of the exchequer, George Osborne, prepares a speech at 11 Downing Street in London, June 22, 2010 (Andrew Parsons)

    Britain Needs A Bolder Austerity Agenda For Growth

    For all the talk of “reckless” spending cuts, the British state is still the greatest impediment to job creation.

  1. British Labour leader Ed Miliband visits the town of Saddleworth near Manchester, January 3, 2011

    Miliband Fears “Race to Bottom” If Scots Secede

    The Labour leader said England and Scotland share “one economy” and feared competition would exacerbate income disparities.

  1. German chancellor Angela Merkel in Laatzen, Lower Saxony, March 4, 2008 (Sebastian Gerhard)

    Europe “Essentially Makes Keynesianism Illegal”

    Britain stands on the sidelines as the rest of Europe moves toward closer economic and fiscal integration.

  1. Prime Minister David Cameron speaks at a Conservative Party conference in Cardiff, March 6, 2011

    Cameron, Miliband Dispute Meaning of “Moral Capitalism”

    Britain’s prime minister and its opposition leader both called for a “better” capitalism but disagreed as to what it means.

  1. HMS Montrose comes along side the Nimitz class aircraft carrier USS Theodore Roosevelt, December 10, 2005

    American, British Navies Explore Carrier Cooperation

    The two Atlantic navies intend to work together in developing their next generation of aircraft carriers.