I was grateful to the BBC today for the opportunity to discuss my colleage Dr Anthony J Evans’ work for ESCP Europe on the potential for multi-lateral debt write offs between EU nations. You can find the interview here at about 1 hour 10 minutes and Anthony’s work is here. As I […]
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The EU should be abolished
Via Calls for a referendum on EU membership after David Cameron’s U-turn on tax | World news | The Observer: Tory and Labour MPs believe that if the eurozone moves towards a single tax system – as chancellor George Osborne advocated again – then the EU will become a fundamentally […]
Read MoreRoadmap to a Single EuropeanTransport Area
I spoke yesterday on the Roadmap to a Single EuropeanTransport Area (04 July 2011): Setting those issues [of planning] aside, I want to make two points about sovereignty. First, on the technical side, there are questions about pricing, taxation and how the Government will work within the framework of the EU, […]
Read MoreBritain told to find extra £1.6bn a year to fund EU – Telegraph
Despite national austerity measures, including a savage EU-IMF programme of cuts in Greece, The Daily Telegraph understands that a draft EU “multiannual financial framework” will increase spending by 12.5 per cent. The rise, at over five times the EU rate of inflation, will take Britain’s annual contribution to £13billion a […]
Read MoreEurozone Financial Assistance – so much for Parliament asserting itself?
As you can see on today’s order paper, Mark Reckless MP has courageously brought forward the following motion, which I have signed (emphasis mine): EUROZONE FINANCIAL ASSISTANCE That this House notes with concern that UK taxpayers are potentially being made liable for bail-outs of Eurozone countries when the UK opted […]
Read MoreParliament, the EU, Keynes and Hayek
Last night in debate, Keynes and his disciples were invoked and rebutted in relation to EU economic surveillance. One Labour MP wanted to print the money we need… Today, via The Cobden Centre, I find EconStories have followed up their superb Keynes vs Hayek rap, Fear the Boom and Bust, with Fight […]
Read MoreEU regulation of the City
Syed Kamall MEP recently reported on EU regulation of the City: Having made a scapegoat of the City – and with no willpower to establish a new regulatory framework which would eliminate the moral hazard of banks being too big to fail – the last Labour Government quietly handed over […]
Read MoreDavid Cameron under pressure to block EU demand for £400 per British family – Telegraph
Via David Cameron under pressure to block EU demand for £400 per British family – Telegraph. British officials said Mr Cameron would seek to form an alliance with leaders from countries including France, Germany, Holland and Sweden to fight the planned rise. Last night a Downing Street source said: “The Commission […]
Read MoreProposed 2012 EU budget to increase UK contribution by £680 million
Via Open Europe: The European Commission has today tabled its proposal for the 2012 EU budget. The proposal will see the EU budget increase by 4.9%, or €6.2bn – more than two percentage points above inflation. This would take the budget from €126.5bn in 2011 up to €132.7bn in 2012, […]
Read MoreOn the EU, social thinking and local democracy
The People’s Pledge offered me the chance to supply a guest blog post, in which I argue that the EU should be abolished: I detested the European Constitution. It was palpably statist and bound to produce an unaccountable bureaucracy. It was everything Hayek warned us about in The Road to […]
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