Good Local Economics
Giving local communities they tools they need to thrive is something which many of us have championed for a number of years. In my previous column, I discussed the benefits which enterprise zones can bring to areas of the country needing regeneration.
As legend has it the 11th century English/Danish monarch Cnut the Great (aka King Canute) placed his throne at the edge of the shoreline and commanded the sea to halt its tidal wanings to spare himself from wet feet. The sea continued unabated and ultimately Cnut found himself washed over by the ocean. He is said to have jumped back from the icy waters exclaiming ‘Let all men know how empty and worthless is the power of kings, for there is none worthy of the name, but He whom heaven, earth, and sea obey by eternal laws.’
