Europe Ben Southwood Europe Ben Southwood

Evolution not revolution: the case for the EEA option

Britain needs to leave the European Union, which over 43 years of membership has proven to be sclerotic, anti-democratic and immune to reform.  It is a political relic of a post-war order that no longer exists.The best exit route is for the UK to step back to a position in the European Economic Area (‘EEA’) and the European Free Trade Association (‘EFTA’), thereby wholly maintaining the open trading arrangements of the single market and related economic integration. 

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Europe Ben Southwood Europe Ben Southwood

Stuck in the middle with EU

An increasing number of EU regulations are made at the global level and not by the EU bureaucracy, which mainly performs a ‘wholesaler’ role, enforcing rules without creating them anew. The UK often does not have a full voice at the global level because of the EU’s need for a ‘common position’.

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Government & Politics Nigel Hawkins Government & Politics Nigel Hawkins

UK PLC: Britain's debt time bomb

Nigel Hawkins, in his new ASI paper, reviews the big numbers in the Whole Government Accounts, and finds that Britain's government liabilities go far beyond the national debt. In order to ensure stability in security in public finances into the future, he argues that the government must cut back further, as well as selling off some of the assets mentioned in his previous paper Cash in the Attic.

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Immigration Ben Southwood Immigration Ben Southwood

Migration and development

Fredrik Segerfeldt argues that migration benefits not only migrants from developing countries but also the family and friends that they leave behind. The idea of 'brain drain,' that the outward flow of the best and brightest inhabitants of a developing country adversely affects that country's prospects, is not borne out in the empirical data, while remittances are shown to significantly ameliorate poverty. 

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Banking Anthony J. Evans Banking Anthony J. Evans

Sound Money: An Austrian proposal for free banking, NGDP targets, and OMO reforms

Anthony J Evans lays out the first, second and third best policies for monetary reform. He outlines reforms to quantitative easing policy that would reduce the distortions it causes; argues that inflation targeting and the Monetary Policy Committee should be replaced by an automatic nominal GDP target; and ultimately says the Bank of England should be scrapped altogether, replaced with privately-run ‘free banking’.

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