| Why the Global Economy Needs Nations |
 |
 |
| Written by Rt Hon. Francis Maude MP (1999) | |
| Friday, 26 November 1999 | |
|
Globalization and the Internet will discriminate against high tax and high spending governments, so believers in state power are now turning to international government to impose international controls. The choice is between the American model that creates a million new jobs a year, and the high tax, high unemployment model of the continent. Britain should set low, simple, transparent taxes and low regulation, which are the conditions that reward success and encourage investment and risk-taking. Britain should embrace globalization and all that it offers, instead of retreating into protectionism. |
About the ASI
The Adam Smith Institute is the UK's leading innovator of free-market economic and social policies. Politically independent and non-profit, the Institute promotes its ideas through reports, briefings, events, media appearances, and its website and blog. For further information, click here.Join our email list
Keep up-to-date with the latest events, reports and information from the Adam Smith Institute by joining our fortnightly email list. It's free and you can unsubscribe at any point. Just enter your email address here:
