The Death of British Business: Since the early 1980s, leading global corporations have used British soil as a terrestrial aircraft carrier to assault the single European market. Trade figures for the past three decades show with brutal clarity how dependent the UK is on this status. Even with large inflows of foreign capital the UK’s trade performance has been the weakest of the G-7 economies. What will it look like without them?
Economists traditionally dominate policy making in Washington, but they don’t have all the answers. Sociologists have a lot to teach us.