10 February, 2009

Free Trade


Emma Marcegaglia, the Chairman of Confindustria, the Italian equivalent of the CBI, who runs a steel company in her free time, has written an article in the FT today, critcising the protesters at the Lindsey refinery and laying into Gordon Brown for being foolish enough to say 'British jobs for British workers'. She mentions that her company, Marcegalia Industries, is about to make an investment in Britain and that such cross border movements of people and capital are to the benefit of us all.

She is right, of course, but the reason I mention it is this: when the Italians start criticisng you for protectionism you need to take a long hard look at yourself.

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