This morning, British Prime Minister Theresa May delivered a speech thankfully detailing her vision for Brexit beyond vague references. Still, continued uncertainty makes this drama one of the top stories I’ll be watching through 2017 and 2018.
Debates about whether the European Union will fail have often occurred in intellectual silos. Thankfully, AEI hosted a panel of economists who presented and defended their contrasting forecasts about the EU’s future.
If Britain does vote to leave, a driving factor would be a desire to reassert London’s sovereignty, instead of allowing the EU to dictate policies or regulations. Yet there is a risk that the UK would exchange real sovereignty for an imaginary kind.