Arguments from the Exit Side of Brexit
My sense is that most of the coverage of Brexit in the US comes down in favour of remaining in the EU. That is the case put forward in Dalibor Rohac’s new book. And for onlookers, I think it is easy to dismiss the exit position when it brings out anti-immigration and nationalistic arguments (of which I have zero sympathy).
In the spirit of considered opinion, I thought I would draw reader’s attention to three other pieces on the exit arguments that may be of interest. First, Brexit the Movie hit London’s red carpet last week (you can watch it free on Youtube). Second, Tyrone’s argument based on a zero social rate of discount. Third, a FT piece on a new book by Daniel Hannan – Britain’s representative in Brussels for 17 years – Why Vote Leave.
What all three of these have in common are arguments regarding Britain’s sovereignty, evolved political institutions, decentralization, and hope for the case for free trade to win out in the medium to long-run. Interestingly, these arguments side with Scott that now is the time to stand up for globalization, liberalization and openness, but view an exit vote as the best means for achieving roughly the same ends.
(An anecdotal side note, German friends at the pub this weekend echoed Scott’s concern for what exit would mean for fiscal pressures and liberal principles within the EU.)