by Alasdair MacLeod
Gold Money
Two years after leaving the EU Britain has made almost none of the promised progress towards economic liberalisation. While Brussels hasn’t been helpful, libertarian ministers in the Tory government have been both conquered by the bureaucracy of the civil service and even turned into high spending statists. There has been no attempt to reduce the state’s suffocating dominance over the economy.
On current policies, the private sector is set to continue its long-term decline, with higher taxes and ever-increasing regulation. But it needn’t be so. This article looks at the dangers and opportunities that Britain faces, principally inflation, the challenge of government spending, of maintaining a balanced budget, trade policy and why Britain should just declare unilateral free trade, foreign policy in a world where the future is American decline and a rising Russia—China partnership, and the economic craziness of the green agenda.