Replying to Alex Morton’s column of a week ago, the ASI’s Senior Fellow argues that the response to the financial crisis was imperfect, but more right than wrong.
Storming results for the Five Star Movement and the League pose big challenges to the established structure of Italian politics, to the EU, and to the left more generally.
Let’s remind ourselves of a few occasions where the letter of the law has been lacking the odd dot or crossed T.
I joined the Conservatives six months after this year’s general election, with a vision to help us progress in the area of social equality.
There is a case for the EU guaranteeting internal as well as external frontiers – which would make Scottish independence impossible were the UK to remain an EU member.
It backed nationalisation in the ’40s. It opposed Thatcher’s economic policy in the ’80s. It supported the Euro in the ’90s. And now it wants Single Market membership.
The absence of a trade agreement with the EU should not concern us – there are swift, practical ways to overcome possible issues.
What we are witnessing right now is one of those magnificent moments in British political history; a great Tory pivot.
The script for the new relationship with the EU must be written as much by those who valued it as by those who campaigned to leave it.
Maastricht made it clear that the EU was leaving the UK, preferring to become a superstate. We could never agree to such a project.
A curious alignment of remainer Unionists and Scottish nationalists was convinced that Brexit would cause the end of the UK. Fortunately, they were wrong.
Our current deficit could easily double in a less benign economic climate. Failure to take tough action would be reckless.
Without that difference, Brexit would not have happened.
A major risk and a priority in the negotiations must be maintaining the EU’s system of financial passporting for British institutions.
Such a deal would, on balance, be better than Most Favoured Nation Status. But MFN would be better than a bad deal – and giving up on regaining control of our borders.