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 […]