The Single Market and the Four Freedoms

Freedom of movement for goods, services, capital and people is enshrined in the Treaty of Rome. It’s a founding principle yet most of these freedoms are “more honour’d in the breach than the observance” (to misrepresent Hamlet’s meaning). The exception is free movement of (EU) people. Why and how has this occurred? Freedom Movement of … More The Single Market and the Four Freedoms

Sterling’s Fall

We’re not complacent about the pound’s plunge, uncertainty is not helpful in financial matters. Brexit has added uncertainty but is far from the only factor causing this. Since the global crisis, almost a decade ago, central banks have been competing to devalue their currencies to support growth (or prevent deflation). The Chinese have always done … More Sterling’s Fall

It’s a Second Brexit

The first time we left a law-making, tax-collecting, over-regulating, European super-union was in 1534. The taxes then went to Henry VIII’s treasury rather than the Borgias’. The oceans were freed for our global exploration (the Pope had declared the Atlantic a Spanish possession). A revolution in trade and industry was triggered. A fuller (and better) … More It’s a Second Brexit

State of the Union – 4 (The Bratislava Declaration)

Following their meeting in Bratislava on 16 September, the European Council (please don’t confuse this with the Council of Europe – see Europe versus EU in our May archive) issued a Declaration, which can be downloaded from here: http://www.consilium.europa.eu/press-releases-pdf/2016/9/47244647412_en.pdf The Declaration is short and thin and is as bland as we would expect from an … More State of the Union – 4 (The Bratislava Declaration)

In a Nutshell

In this blog we have put many detailed arguments for leaving the EU but, shorn of those details, this is an attempt to encapsulate the core thinking. It is good to have ideals provided they don’t become ideologies. We should respond to experience and not just make excuses when schemes aren’t working. Science succeeds (eventually) … More In a Nutshell