‘Nations stumble upon establishments, which are indeed the result of human action,
but not the execution of any human design.’
Adam Ferguson, An Essay on the History of Civil Society (1767)

23 June 2018

On the Record | Imagine Trump Doing Brexit, Johnson Says

Please see my latest wire as Brexit diarist for The New York Sun, ‘Imagine Trump Doing Brexit, Johnson Says’:

Don’t expect fireworks over London tonight on the second anniversary of the Brexit vote. Murmurs of satisfaction in Brussels are more likely, as European Union mandarins congratulate themselves on casting a spanner into Britain’s efforts to save itself from the continent’s super state.

Brexiteers sold independence at least partly on the basis that EU trade restrictions penalized British producers and consumers, imposing high tariffs within the bloc and keeping members from enjoying more favorable trade relationships with non-member countries. Freed from the EU’s regulatory and protectionist barriers, Britain could once more compete on the global stage and negotiate agreements with Europe that were mutually agreeable.

All trade is based on this win-win scenario, but Brussels will have none of it. Officials far prefer to keep impediments in place that are equally damaging to its member states and to Britain and, perhaps far more important given the rise of protest parties, signal that opposition to EU diktat will not be tolerated.

Read more . . .

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My thanks to editor Seth Lipsky of The New York Sun.