Tuesday, March 25, 2008

On this day

This is truly a black armband day as in 1957 six European nations signed the Treaty of Rome thus establishing the Common Market. They were Belgium, France, West Germany, Italy, Holland and Luxembourg.

If only they had stuck to trade and a common market instead of building a bureaucratic empire we might all be wealthier.

2 comments:

Mark Wadsworth said...

"Might"?

Simon Fawthrop said...

Fair point. Iwas thinking about increased trade with the rest of the world t=rather than the direct cost of subsiding peasant farmers and beauracrats