The success of the UK's economy of late is a testimonial to market economy success over old economy government control. Here are some valuable principles for success that we can all use as we move into the future. Brainpower is the ultimate capital . In the New Economy, what matters most is not plant and equipment. Land and physical resources don't matter as much as ideas.
Ideas are more important than even time, and time still is money.
Those ideas have to come from educated, motivated people. Countries like France are losing some of their best and brightest people as they head to America, England and Canada for a better lifestyle. Yes, taxes matter. In a fast-paced New Economy, great ideas leave with those great minds. Money will gravitate to the areas where it is treated best.