Thursday , January 23 2020
Home / Adam Smith Institute / This being the basic problem with international negotiations

This being the basic problem with international negotiations

Summary:
Asked whether the EU would use its power to switch off the City’s ability to serve European clients to gain leverage in the coming negotiations with Britain, Plenković said: “I wouldn’t go into the vocabulary of weapons but what I have learned in international and European negotiations [is] that all arguments and considerations are treated as political.”The aim here is to try and come to the correct economic decision. Yet the criteria to be used are the political ones.We’re most unlikely to get to the right answer therefore.This always being the problem with all of these international negotiations. It’s the politicians sitting around the tables discussing what would be good for politicians. With trade this problem is especially stark as the correct answer is that politics should play no

Topics:
Tim Worstall considers the following as important:

This could be interesting, too:

Tim Worstall writes Lady Nugee insists on lowering the top income tax rate

Wolf Richter writes The Great American Shale Oil & Gas Bust: Fracking Gushes Bankruptcies, Defaulted Debt, and Worthless Shares

David Stockman writes Apple Is Right to Refuse to Help the FBI Hack into iPhones

Tyler Durden writes Hunter Biden Ordered To Appear In Court Next Week For Contempt Hearing

Asked whether the EU would use its power to switch off the City’s ability to serve European clients to gain leverage in the coming negotiations with Britain, Plenković said: “I wouldn’t go into the vocabulary of weapons but what I have learned in international and European negotiations [is] that all arguments and considerations are treated as political.”

The aim here is to try and come to the correct economic decision. Yet the criteria to be used are the political ones.

We’re most unlikely to get to the right answer therefore.

This always being the problem with all of these international negotiations. It’s the politicians sitting around the tables discussing what would be good for politicians. With trade this problem is especially stark as the correct answer is that politics should play no part in why may trade what with whom.

But that’s the way it’s done and is the reason why international trade doesn’t boost our lifestyle as much as it should - political interference in who may trade what with whom.

Media enquiries: 07584 778207 (Call only, 24 hour)

Tim Worstall
Tim Worstall is a British-born writer and Senior Fellow of the Adam Smith Institute. Worstall is a regular contributor to Forbes and the Register. He has also written for the Guardian, the New York Times, PandoDaily, the Daily Telegraph blogs, the Times, and The Wall Street Journal. In 2010 his blog was listed as one of the top 100 UK political blogs by Total Politics.

Leave a Reply

Your email address will not be published. Required fields are marked *