Economists generally agree on few economic theories, but the negative impact of tariffs is one of them. The theory advocating for free trade without tariffs or barriers between countries was first articulated by Adam Smith in 1776 in “The Wealth of Nations,” showing that even if a country has an absolute advantage in producing goods, …
What has WWII got to tell us about globalisation? The answer, a lot.
It took international co-operation, co-ordination and a subsuming of national sovereignty (British troops, for example, were under US control in some theatres) as well as a deepening of economic, political and social ties, to bring the Second World War to a close. As we commemorate the 75th anniversary of the D-Day Landings and the Battle …
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Brexit – why it’s time to give a little love
Events this week and, no doubt, for the next few weeks and months, will decide the economic and political future of the UK – and of each and every one of us who live here. Whether you voted to leave or remain, the fact is that we are now in a hugely damaging situation, with …
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