<i>âThe policy framework advocated by Minford et al. . . is grounded in economic theory and an incisive empirical analysis of the costs of UKâs membership of the EU. Their thesis that the EU is a political union practising economic protectionism in the guise of gradualism towards free trade makes sense. . . Minford and his associatesâ analysis suggests that the EUâs policy framework of free trade for members but restrictions on trade of non-members with the EU countries is a second best policy adopted to promote political rather than economic objectives.â</i>
- V.N. Balasubramanyam, Lancaster University, UK,
<i>âThe EU got the Nobel Prize for Peace in 2012, but such an award is not forthcoming for economics. In fact, the EU faces a stern public discontent throughout Europe. For years EU leaders have been unable to agree on almost anything. The eurozoneâs toxic monetary embrace is a colossal failure that has provoked misery in most of the participating countries and, worst of all, suffocated the hopes of prosperity for many years to come. The EU is no longer a venture that inspires people to run on barricades to defend it. Should Britain be a part of the crumbling EU project? This book provides a timely and documented answer. It is highly recommended reading.â</i>
- Miroslav N. JovanoviÄ, University of Geneva, Switzerland,
<i>âMuch too much of the debate about the UKâs relationship with the European Union relies upon general declarations unsupported by facts and assertions and claims not substantiated by evidence. This is why we need so badly the careful quantitative analysis provided by Patrick Minford and his colleagues. The UK electorate will have a momentous decision to take when the EU referendum takes place. History and emotions will be important, but getting the facts straight is even more vital.â </i>
- John Mills, Founder and Chairman of JML and Co-Chairman of Business for Britain,
<i>'Patrick Minford and his team have performed a hugely valuable service by quantifying the costs of Britainâs EU membership. In particular, they show that Britain pays too much for too high a proportion of its imports. The EUâs protectionism in its trade with the rest of the world costs Britain a significant slice of its national output. Their demonstration of this vital point is thought-provoking and sophisticated, and greatly strengthens the case for the UK to leave the EU.' </i>
- Tim Congdon, CBE, International Monetary Research Ltd,