Brexit: Britannia Waives the Rules
Brexit aftermath, June 2016: In voting to leave the European Union, Britain has opted to become another Norway. One of the most prosperous and contented countries in the world, Norway does fine with its own laws, currency, and trade agreements, including a good one with the EU. It is hardly a bad model.Short-term troubles
The gnashing of teeth over the upset Brexit victory resounds around the world. For awhile, chaos will attend financial markets, and the pound will take a dip (boosting British exports).
The Scots voted against Brexit, though not in the numbers predicted.…