The example is an unfortunate one for your case, since the EU-27, with 6% of the world's population, make up about 45% of our foreign trade. Just read Mankiw for the classic list of factors dete… (View Post)

It is not enough for a convincing argument, though it may be enough to fool some of the more gullible. Population size is not the most relevant factor in calculating trade flows. Size of the economy … (View Post)

This is simply wrong. Scotland's trade with England is much larger as a share of its GDP than the UK's trade with the EU-27 - about three times larger, according to some estimates. It is th… (View Post)

Nationalising activities is a great way to wreck them so I think they should nationalise all sports. (View Post)

As the Economist article that Philip Thompson linked to the other day noted, the surprising thing is that it took them this long. Certainly, elements of the middle classes have been much quicker to d… (View Post)