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Rising economic interventionism – a question and a speech yesterday

Vince Cable answered an urgent question on industrial policy in the Commons yesterday. In the supplementaries, I asked: Steve Baker (Wycombe) (Con):Will my right hon. Friend reassure me that he will not allow Opposition Members, in their clamour for economic intervention, to drive us back to the misery and impoverishment of the 1970s? Vince Cable: There were certainly many mistakes in that era, which I saw at first hand; I was in government at the time. We are determined to […]

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The European Stability Mechanism – helping Europe towards tyranny?

In July 2010, I wrote an article for ConservativeHome, setting out the inevitability of economic and political centralisation when interventionist nations are combined in a customs union. I referred to the book Omnipotent Government: The Rise of the Total State and Total War, published as World War II ended, which made the case in its discussion of Peace Schemes, such as “the union of western democracies”. Today, the Commons will be asked to give second reading to the European Union […]

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