Category Archives: Trade

The Terminal

“Natural gas is hemispheric. I like to call it hemispheric in nature because it is a product that we can find in our neighbourhoods.” So remarked George W. Bush and, I suppose, if your neighbourhood is in Texas, you are … Continue reading

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Father

“Meetings are indispensable when you don’t want to do anything.” So thought economist John Kenneth Galbraith and, had he been alive today, I doubt the succession of meetings on Greece and the Euro would have changed his mind. Who, in … Continue reading

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Food, Inc.

“Our minds are like our stomachs; they are whetted by the change of their food, and variety supplies both with fresh appetite.” So thought Quintilian for whom food really was for thought. And while we are on the subject of … Continue reading

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Tree Without Fruit

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” Thus the famous dictum of Adam Smith, whose 1776 magnum opus, An Inquiry … Continue reading

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What Matters

Nothing matters very much and few things matter at all. So thought that most languid of prime ministers, Arthur Balfour, who succeeded as prime minister his uncle Robert (that’s the third Marquess of Salisbury to you and me) the origin, … Continue reading

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Voice

“A superior man is modest in his speech, but exceeds in his actions.” So Confucius tells us. Two superior – judged solely by the offices they hold at present, of course – men met at the White House in Washington … Continue reading

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Integration

As Horace reminds us, “Your own safety is at stake when your neighbour’s wall is ablaze.” The current ceasefire notwithstanding, since at least one wall of one of Poland’s neighbours is currently ablaze, is Poland’s safety at stake? Not immediately, … Continue reading

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Shadowlands

“There could be shadow galaxies, shadow stars, and even shadow people.” So believes Stephen Hawking, former Lucasian Professor of Mathematics at the University of Cambridge (the chair held by Isaac Newton in 1663), and a man regarded as one of … Continue reading

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Pretty Woman

As Mark Twain told us: “There are three kinds of lies: lies, damned lies, and statistics.” And on the assumption that lies are an example, albeit mild, of moral turpitude, we have now have the prospect of Twain being proved … Continue reading

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Import/Export

In the words of Benjamin Franklin: “No nation was ever ruined by trade.” Indeed, the ability to trade freely is the foundation of economic prosperity. And even the EU, in its own rather bureaucratic dirigiste way puts trade at the … Continue reading

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