A 'yes' vote for the euro would propel Britain towards increasing political integration in Europe. Instead, it should choose an alternative path which recognises that its 'natural economic and political partner remains the United States and not the European Union.' So argues Dr. John Hulsman, of the Heritage Foundation in Washington DC, in a new institute of Economic Affairs paper*.
Hulsman wants Britain and the United States to be 'charter members' of a global Free Trade Association (FTA) which would be open to any country with a 'genuine commitment to a liberal trading order'. He points to significant differences between continental European and Anglo-Saxon forms of Capitalism which inevitably lead to tensions in Britain's relationship with other EU countries. The US and Britain, on the other han