If Britain goes in, he thinks, it may be coerced into harmonising its system with the continentals'.

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Business groups have opposed this draft legislation because, they claim, employees could be coerced into checking yes on a card to unionize.

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But business minister Viscount Younger of Leckie insisted the new employment status was "wholly voluntary" and people could not be coerced into accepting revised contracts.

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"It sounds kind of drastic, but initially people need to be coerced into making changes, " says Dr. Liviu Klein, cardiology fellow with the Bluhm Cardiovascular Institute, Northwestern University Hospital.

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He said the BMA backed the call for consultants to play a much greater role in making these decisions and said junior doctors must never be coerced into signing DNR orders.

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"While everyone has the right to express their cultural, traditional or religious background by wearing a specific form of dress, no one should be pressurized or coerced to do so, " he said.

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This alone would be sufficient to tag the legislation as immoral, but it also coerced banks to direct scarce resources into risky uses and away from more productive uses.

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If either side is coerced by a third party, then market distortions arise, and suboptimal transactions take place which may not be in either party's interest.

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