Authors:

  • Kenneth Rogoff

Excerpt

Britain’s Democratic Failure. Kenneth Rogoff, June 24, 2016, Opinion. "The real lunacy of the United Kingdom’s vote to leave the European Union was not that British leaders dared to ask their populace to weigh the benefits of membership against the immigration pressures it presents. Rather, it was the absurdly low bar for exit, requiring only a simple majority. Given voter turnout of 70%, this meant that the leave campaign won with only 36% of eligible voters backing it." Link