Monthly Archives: July 2016

Free trade (not agreements) will make Britain great

To judge from most of the “pro­gres­sive” press and my Twit­ter feed, there is a great deal of ruin in Brex­it. I hear that Britain is so inte­grat­ed into the EU it will be root­less out­side. The UK, I’m told, will need to ‘rejoin’ the WTO after Brex­it. It has no trade agree­ments oth­er than […]

Trade blocs world

We will soon see the cre­ation of the first glob­al-scale trade-blocs: exclu­sive inter­na­tion­al trade zones. What will it be like? The short answer (if you want to stop read­ing here) is: the direct eco­nom­ic impact will be rather mod­est but the blocs will be a dis­as­ter for rules-based WTO trad­ing sys­tem. That could have much […]