A little known part of British history is coming to light - its migrant program for young children in England , who were sent to Australia, Canada, and other British Commonwealth countries. Such programs, which began in the late 1800s and persisted well into the 1960s, shipped about 150,000 poor children, orphans, and illegitimate children to Commonweath countries where they were sent to institutions, foster homes, farms, and other places where they worked as laborers.  A House of Commons report published in…

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British Prime Minister Gordon Brown has been talking with President Obama this morning, and high on the agenda was the PM’s call for international banking regulation. The interesting thing is that both Obama and Brown have blamed lack of regulation for the banking crisis, when there is clear evidence on both sides of the Atlantic that it was bad and inept regulation that drove the crisis. For an example from the US, here’s John Carney on how bad regulations helped…

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