For one thing, I am no longer sure how committed we British really are to our own legal or economic traditions. The sovereignty of Parliament and the traditions of common law have already been substantially eroded as a result of European integration, which has made the European Court of Justice supreme over our judges. As for the spirit of Adam Smith, as Andrew Neil argued in his excellent Hayek Lecture at the Institute of Economic Affairs last week, that you are more likely to encounter it in Beijing than Britain...