The embracing of his economic principles by the Younger Pitt had much to do with Britain avoiding that ruin and instead leading the first industrial revolution. Could a similarly rosy outcome follow the disasters of the May government’s flawed attempt to escape German-dominated EU might? Time will tell, though we should report that there is no Adam Smith and no Younger Pitt and perhaps crucially no Prince Talleyrand, in view.
https://mises.org/wi…/how-uk-can-escape-angela-merkel-and-eu