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Brexit
Comments
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clearly there are more than two options
ricardos explanation has fallen on deaf ears in every virtually country in the world.
The UK could choose to have zero tariff entry barriers for all products and services from all countries : would we be better off than by staying the EU?
Not really. The referendum is pretty simple: stay or go.
According to Riccardian theory we would be better off simply dropping tariffs on imports even if other countries don't reciprocate. As you point out, most voters don't believe in Riccardo and fall for all that local made hokum so leaving the EU to drop tariffs for all imports is likely to be at best very hard to do politically.
Whether we would be better off by leaving the EU and dropping tariffs entirely would still be moot. There are advantages to being a part of a single market including the ability to have an input into the rules of that market.
For example, many things have to be sold in round numbers: 400g or 800g loaves of bread for example. How long do you think the imperial pint of 568ml would last as an acceptable measure if the UK quits the EU? Not long I would think. That would then leave manufacturers and exporters of liquids with a quandary: retool to 500ml quantities to be able to export to Europe or just concentrate on the home market.
The reality is that leaving the EU would at best lead to the status quo vis-a-vis tariffs or, more likely, complicate matters yet further.0 -
Not really. The referendum is pretty simple: stay or go.
According to Riccardian theory we would be better off simply dropping tariffs on imports even if other countries don't reciprocate. As you point out, most voters don't believe in Riccardo and fall for all that local made hokum so leaving the EU to drop tariffs for all imports is likely to be at best very hard to do politically.
Whether we would be better off by leaving the EU and dropping tariffs entirely would still be moot. There are advantages to being a part of a single market including the ability to have an input into the rules of that market.
For example, many things have to be sold in round numbers: 400g or 800g loaves of bread for example. How long do you think the imperial pint of 568ml would last as an acceptable measure if the UK quits the EU? Not long I would think. That would then leave manufacturers and exporters of liquids with a quandary: retool to 500ml quantities to be able to export to Europe or just concentrate on the home market.
The reality is that leaving the EU would at best lead to the status quo vis-a-vis tariffs or, more likely, complicate matters yet further.
so you do accept that leaving the EU and removing all tariffs with the world might be better than staying?
your argument on 'pints' is a little dated : I will check later at the supermarket but there will be very little alcohol sold in pints: most will be 250 ml, 187 ml, 70cl, 500ml etc but very few pints and I doubt we sell much in pints to the EU.0 -
DandelionPatrol wrote: »It was not being attacked by DeMenezes or his family.
The Met were convicted of H&S breaches, so it is not as if there were no case to answer. With the current case in the ECHR, who knows what the outcome will be. In effect, your position that a ruling in favour of the family would be a travesty is literally pre judice.
If I had said before the inquest on DeMenezes that an open verdict would be a travesty, that too would be pre judice on my part. In the event, I think that the open verdict is a travesty, because the jury was denied the verdict of an unlawful killing. For me, the open verdict carries a lot less weight than if was arrived at with the jury being given the option of an unlawful killing verdict.
So, in the ECHR case, I could accept a ruling either way, provided the process was good. I don't think that it is reasonable before the case to be keyed up to say that a particular verdict would be a reason for rejecting the ECHR or indeed the EU.
Quite rightly both our personal views will hold no sway in any ruling on this by the ECHR. My worry with it however is that a distant judiciary may make a cold and perhaps a perfectly logical ruling that may be seen by many as interference with the UK's right to defend itself in the way it see fit. It may please many that hauling our volunteer armed police before the beak individually is always necessary, but as I've said the issues are not always are clear cut as they appear.“Britain- A friend to all, beholden to none”. 🇬🇧0 -
No, the EU doesn't have free trade with the rest of the world: it imposes tariffs on the rest of the world.
If I understand you correctly, then this is bad of Europe and bad for the UK.....
That is correct....Why then do we stay?....
For the same reasons that we joined....Would the Uk not be better off having free trade with the whole world?
Everybody would be better off if the world had free trade.0 -
why would the people of the UK reject being better off if the truth were explained properly?
Riccardo wrote about Comparative Advantage almost exactly 200 years ago and most people either don't get it or don't believe it ("you hear that giant sucking sound? ").
People keep voting for socialism despite the very clear evidence that it makes you poorer, less free and might be fatal.0
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