‘Nations stumble upon establishments, which are indeed the result of human action,
but not the execution of any human design.’
Adam Ferguson, An Essay on the History of Civil Society (1767)

03 February 2020

On the Record | Post-Brexit, British Government Must Allow Entrepreneurs to ‘Boost Themselves’

Please see my February 1st wire for The American Spectator, ‘Post-Brexit, British Government Must Allow Entrepreneurs to “Boost Themselves” ’:

This weekend, Britain regains its independence from membership in the European Union. After four long years of setbacks, frustrations, and calumny from Remainers in Parliament, think tanks, and the broadcast media, Britons will finally see their 2016 referendum vote to exit the EU vindicated. Cheers are certainly warranted, but don’t pop the champagne corks just yet. We are not at “the beginning of the end” of Brexit, to paraphrase Sir Winston Churchill, but just at “the end of the beginning.”

The Conservative government must now set to business negotiating a free trade agreement with its Continental neighbors. Brussels has already thrown down the gauntlet. European Commission President Ursula von der Leyen says there must be “trade-offs” for a successful treaty to be signed, while the EU’s chief Brexit negotiator Michel Barnier calls for “any free-trade agreement must provide for a level playing field on standards, state aid, and tax matters.” Otherwise, Britain sees its negotiating efforts come to naught.

Though naysayers disagree, remaining tethered to EU regulations — to be adjudicated by the European Court of Justice — is hardly what Britons have in mind. They know what they were signing up for from the start; in this respect only are they “Remainers,” as they cast their votes resoundingly for Brexit (again) and Boris Johnson last December.

So what is the prime minister to do? Johnson himself leaves no doubt on where he stands, stating repeatedly that he will sign a free trade deal with Brussels by the end of this year. EU bureaucrats bemoan a “quick and easy” agreement as unrealistic. The only alternative recourse for Britain is to conclude a “clean break” Brexit. Concessions, beyond those made in good faith and on equal terms, are unthinkable.

Johnson must stick to his guns. He should know by now that EU objectives are only partially economic, if that. There’s more than a hint of rumor that EU officials are as much for sabotaging British enterprise as for frictionless trade with their erstwhile UK partner. Sending a political message to the remaining EU-27, several with robust independence insurgents — France, Italy, and Spain are experiencing populist unrest — is a priority on the EU agenda.

The French are particularly pernicious on this front. France’s Europe minister, Amélie de Montchalin, asserts openly that the demands for alignment are attempts to forestall “a tax haven at the gates of Europe.” Pity. The Gallic mind had once lauded British commercial acumen. “England is said to traffic in everything,” Napoleon once declared. “I should advise her to sell liberty, for which she could get a high price, and without any fear of exhausting her stock.”

Free trade in the ideas of liberty, economic and political, is just what the EU didn’t order from the nation of shopkeepers. No reason, however, why Britain should deny herself the privilege. Brexit trade success, however, will require the government to think less like public servants and more like entrepreneurs. Is it possible?

Read more . . .

Remarks are welcome on DMI’s Facebook page.

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My thanks to editor Wlady Pleszczynski of The American Spectator.