Given the lamentable record of successive governments in Britain in managing the economy over the past 30 years, Sir Bryan's argument has to be suspect. Of course, at the end of the day, the politicians have to have the final say. But that is true in Germany, as has been shown by the economic assimilation of its eastern provinces.
Surely a similar arrangement here would at least curb the wilder excesses of the dash for growth for short-term political advantage that has bedevilled our economic performance for so long.
Successive British governments have been uniquely poor at managing the economy. Can't we learn anything from elsewhere in this respect?
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