I was disappointed to hear the usually sensible David Starkey on Question Time last week advocating protectionism to counter globalisation.Perhaps he had caught socialism by osmosis sitting as he was next to Labour's Douglas Alexander.Just before that he had given a cogent analysis of Islam's travails caused by its insularity and its decision to turn inwards centuries ago and here he was now suggesting a fortress like Britain with tarriffs in a futile attempt to keep reality and world markets at bay.
I would suggest that it is over regulation taxation and tarriffs that have caused whatever economic problems this country has and that no nation has ever secured long time economic prosperity by indulging in self defeating protectionist statism.
Monday, January 19, 2015
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