Cutting the Gordian Knot - Competitive Enterprise Institute

Aug 1, 2016 - Following de Gaulle's resignation of the French presidency in 1969, the membership applications of the ..... and would do little to solve the three main reasons for leaving the EU: its democratic deficit, its cost, ..... of two lists of 10 candidates, one provided by the governing party, the other by the opposition.
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MURRAY/BROOMFIELD CUTTING THE GORDIAN KNOT

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Cutting the Gordian Knot A Roadmap for British Exit from the European Union I A I N M U R R AY & R O R Y B R O O M F I E L D Foreword by S I R M A R K W O R T H I N G T O N O B E

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Cutting the Gordian Knot

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A Roadmap for British Exit from the European Union

Iain Murray and Rory Broomfield Competitive Enterprise Institute 2016

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Murray and Broomfield: Cutting the Gordian Knot

FOREWORD By Sir Mark Worthington OBE Former Private Secretary to the Rt. Hon. Baroness Thatcher of Kesteven, LG, OM, PC, FRS, FRIC

On June 23, 2016, the British people took a momentous decision. After 43 years entwined within the ever-centralizing structures of the European Union (EU), they chose to set themselves free. The dire warnings of the Remain campaign—known as “Project Fear”—foretold emergency budgets, tax rises, higher prices, banking meltdowns, companies abandoning Britain, mass job losses, economic collapse, and even the possibility of war! The establishment apologists for Europe left no hyperbole, no matter how hysterical, unused in their attempts to frighten us. But the British people held their nerve. Of course, it was only to be expected that in the immediate aftermath of the vote there would be a certain degree of instability. The people may have spoken, but would the politicians listen? Would they try to water down or even block the democratically expressed wish of the electorate? And just how could Brexit be achieved?

Now the Prime Minister has made clear that “Brexit means Brexit.” With that certainty established, the markets can begin to readjust to a very different reality. It will be a reality not without its uncomfortable moments. Not everyone will be a winner in the short term. But it is the future that the British people have chosen for themselves, one where they are firmly in control.

In their outstanding paper, reissued and updated here, Iain Murray and Rory Broomfield expose the extent to which decision making in Britain has been supplanted over the decades by the institutions of the European

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Union. As a result, they show the limitations we have come to accept on our freedom to legislate and regulate for ourselves and on our inability to operate independently with the wider world.

Murray and Broomfield provide us with a blueprint for what comes next. They examine the options available to those now charged with implementing the democratic mandate. They probe the merits and drawbacks of possible alternative trading models in a meticulous and evenhanded way. There is no underestimating of the difficulties, but the authors show a real grasp of the fresh challenges and opportunities that are open to Britain. There is no sense of insularity here—more a hopeful and positive view that freed from the EU, Britain has a dynamic and exciting future, one which it now controls for itself.

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