Something I’ve often wondered about – if setting up enterprise zones with reduced regulation and taxes, or whatever the latest fad is to generate economic growth somewhere, are so good why don’t we make the whole country an enterprise zone?
I know the aim is to try to help poor areas, eg former mining towns, but it strikes me that the there is a higher risk of the displacement of some economic activity from a marginal area to these new enterprise zones in a sort of beggar they neighbor way rather than generating new economic activity, say through FDI. What we really want is more economic activity all round.
Mr Ecks
11 years ago
Because it might work–and people might really see that the ruling political/bureaucratic castes as the parasitical scum that they are. Can’t have that can we old boy. An end to the Senior Civil Service?. Oh no, no, no.
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Can you help support The Blog??
If you can spare a few pounds you can donate to our fundraising campaign below. All donations are greatly appreciated and go towards our server, security and software costs. 25,000 people per day read our site and every penny goes towards our fight for free and fair journalism. We don’t take a wage and do what we do because we enjoy it and hope our readers enjoy it too.
Something I’ve often wondered about – if setting up enterprise zones with reduced regulation and taxes, or whatever the latest fad is to generate economic growth somewhere, are so good why don’t we make the whole country an enterprise zone?
I know the aim is to try to help poor areas, eg former mining towns, but it strikes me that the there is a higher risk of the displacement of some economic activity from a marginal area to these new enterprise zones in a sort of beggar they neighbor way rather than generating new economic activity, say through FDI. What we really want is more economic activity all round.
Because it might work–and people might really see that the ruling political/bureaucratic castes as the parasitical scum that they are. Can’t have that can we old boy. An end to the Senior Civil Service?. Oh no, no, no.