Saturday, February 22, 2020

So Much for British Economic Nationalism

Sometimes the benefits of comparative advantage are so strong that the most ardent economic nationalists must take advantage, despite hating the concept on a theoretical level.

 The new British passport will be made by a Franco/Dutch company at a factory in Poland.

Notes The Times:
Britain’s new post-Brexit blue passports will be given to applicants from next month, the Home Office announced yesterday...
In one of the ironies of Brexit, the 11-year, the £260 million contract was won by a subsidiary of the French multinational group Thales last year, after its British competitor De La Rue lost out.

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