An essay inspired by 'I, Pencil' by Leonard Reed
It is plain that low tax, low regulation jurisdictions succeed better than countries hamstrung by high tax and heavy regulation.
It is no surprise that many EU firms now migrate to happier economic climates, but it has been a surprise that government agencies are now considering such migration.
In this essay Julia Sotnikova goes to the heart of the British economy to synthesis exactly what taxes and regulations surround a typical job. In doing so she provides a road map for reform.