Yes, we have no straight bananas

EVERYBODY complains about EU regulation. Myths abound over curvature of cucumbers, how many bananas are allowed in a bunch or whether children may blow up balloons. More legitimate gripes include rules limiting working time to 48 hours a week, enforcing parental leave or regulating vacuum-cleaner power. Brexiteers say much red tape is imposed against British wishes and hobbles small firms that do not trade with the EU. They promise liberation after a vote to leave.Membership of the EU, especially its single market, brings with it many rules. Some are ill-judged, uncosted and not subject to cost-benefit analysis. The working-time directive was a needless intrusion into an issue better decided at national level. And regulation imposes costs. Open Europe, a London-based think-tank, using official figures, says the annual cost to the economy of the EU's 100 most expensive rules is 33 billion ($49 billion) a...Continue reading
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