Like Gilbert and Sullivan's policemen in The Pirates of Penzance, chorusing their intention to attack but loath to do so, Britain's leaders have been demanding an end to the limp management and wasteful labor practices that make the British economy creak. Results to date: roughly zero. Last week the Labor government released its long-expected five-year economic plan, which was designed to give British industry and labor a goal to aim at—and a bit of a kick in that direction. Drawn up by Economics Minister George Brown and in preparation for eleven months, the 494-page plan marshals impressive statistics, recites...
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