...when the empire dissolved...the people of Britain suffered from a kind of vertigo: they could not believe that they were standing upright, and reached out for something to clutch. It seemed axiomatic that economically, as well as politically, they must be part of something bigger, though the deduction was as unfounded as the premise. So some cried: 'Revive the Commonwealth'. And others cried: 'Let's go in with America into a North Atlantic Free Trade Area'. Yet others again cried: 'We have to go into Europe: there's no real alternative'. In a sense they were right: there is no alternative grouping. In a more important sense they were wrong: there is no need for joining anything. A Britain which is ready to exchange goods, services and capital as freely as it can with the rest of the world is neither isolated nor isolationist. It is not, in the sneering phrases of Chamberlain's day, 'Little England'...The Community is not a free trade area, which is what Britain, with a correct instinct, tried vainly to convert it into, or combine it into, in 1957-60. For long afterwards indeed many Britons continued to cherish the delusion that it really was a glorified free trade area and would turn out to be nothing more. On the contrary the Community is, what its name declares, a prospective economic unit. But an economic unit is not defined by economics – there are no natural economic units – it is defined by politics. What we call an economic unit is really a political unit viewed in its economic aspect: the unit is political.
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Speech in Frankfurt (29 March 1971), from The Common Market: The Case Against (Elliot Right Way Books, 1971), pp. 76-77.Enoch Powell
The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.
Ha-Joon Chang
Plausible as the idea of the United States of Europe as a peace arrangement may seem to some at first glance, it has on closer examination not the least thing in common with the method of thought and the standpoint of social democracy . . . At the present stage of development of the world market and of world economy, the conception of Europe as an isolated economic unit is a sterile concoction of the brain. Europe no more forms a special unit within world economy than does Asia or America.
Rosa Luxemburg
There will be no peace in Europe if the States rebuild themselves on the basis of national sovereignty, with its implications of prestige politics and economic protection (...). The countries of Europe are not strong enough individually to be able to guarantee prosperity and social development for their peoples. The States of Europe must therefore form a federation or a European entity that would make them into a common economic unit.
Jean Monnet
If I were five-and-twenty or thirty, instead of, unhappily, twice that number of years, I would take Adam Smith in hand—I would not go beyond him, I would have no politics in it—I would take Adam Smith in hand, and I would have a League for free trade in Land just as we had a League for free trade in Corn. You will find just the same authority in Adam Smith for the one as for the other; and if it were only taken up as it must be taken up to succeed, not as a political, revolutionary, Radical, Chartist notion, but taken up on politico-economic grounds, the agitation would be certain to succeed; and if you apply free trade in land and to labour too—that is, by getting rid of those abominable restrictions in your parish settlements, and the like—then, I say, the men who do that will have done for England probably more than we have been able to do by making free trade in corn.
Richard Cobden
Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
Murray Rothbard
Powell, Enoch
Powell, Frederick York
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