Referism

Interessante, embora ignore algumas lições importantes da Public Choice — That "ism" again - Referism:

Referism is a political philosophy which states that, in the relationship between the British people and their governments, the people should be in control. The state is the servant not the master. Control is primarily achieved by submitting annual state budgets to the people for approval, via referendums. The catchphrase is: "it's our money and we decide". Governments are thereby forced to refer to the people for their funding, hence the term "referism".

The means by which must be achieved is through the ballot box, with an annual referendum. The budget must, each year, be submitted to the people for approval, and comes into force only once approved. The politicians must make their case, put their arguments, and then ask us for the money ... and they have to say please. We, the people, decide whether they get it. We, the people, have the power to say no.