Mark Wadsworth

This is a spare 'blog in case my main 'blog at markwadsworth.blogspot.com isn't working

THAT Ronald Reagan quote…

… received another airing in today’s City AM:

Reagan’s soundbites were brilliant; they still have much resonance in today’s Britain, where the economy is shackled by Kafkaesque burdens and an increasingly defeatist, declinist mindset. As he once put it, “government’s view of the economy can be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.” Tragically, despite the coalition’s best efforts, this remains true in the UK today.

If you squint a bit, that’s actually a very Georgist-Libertarian way of looking at things:

“…government’s view of the economy can be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it can’t move because it’s land and buildings, subsidise it.” Tragically, thanks to the coalition’s best efforts, this remains true in the UK today.

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