History was made this week as the United Kingdom voted to leave the European Union. By rejecting globalism and embracing self-determination, Brexit is an example of decentralization and devolution of state power, which is always worthy of celebration. Further, as Thorsten Polleit notes, the move made economic sense for Britain with the EU representing “a case par excellence illustrating the failure of interventionism.” A post-Brexit world offers new opportunities for Britain, a chance for Britons to live a life not entirely regulated by bureaucrats in Brussels, and can serve as an example for secession movements both internationally and at home.
Ryan McMaken joins Jeff this week on Mises Weekends to discuss Brexit and its consequences. Are secession movements and political decentralization always good for liberty? Why do some libertarians disagree? Why does the Left love centralized state power, when in fact progressives could enact their entire agenda here and now — if only in certain states like California? Is a growing tide of anti-globalist sentiment necessarily bad for Hillary and good for Trump? And will Brexit lead to much bigger implosions, such as an actual eurozone nation leaving the EU and resurrecting its old currency?
And in case you missed any of them, here are the articles featured this week on the Mises Wire:
- Godfrey Bloom on Brexit
- Just Another Day in Regulated Europe by Louis Rouanet
- Yellen’s Senate Hearing: Fed’s Forecasting Has Lost All Credibility by Tho Bishop
- Has China Reached its Debt Limit? by Daniel Fernández Méndez
- Britain Doesn’t Need the EU to Thrive by Frank Hollenbeck
- Guns: How The NY Times Manipulates Data by Ryan McMaken
- Just Boundaries and National Self-Determination by Murray N. Rothbard
- Why Brexit Is Better for Britain by Thorsten Polleit
- First the UK, then Scotland ... then Texas? by Ryan McMaken
- Sen. Toomey Pushes Yellen on Fed Distortions by Jonathan Newman
- European Integration Is Dead, Long Live Monetary Cooperation by Carmen Elena Dorobăț
- What Now, Britain? by Matthew McCaffrey
- Thousands Flee as Venezuela Implodes by Iván Carrino
- Brexit: Individualism > Nationalism > Globalism by Jeff Deist
- The Myth of the Output Gap by Frank Shostak
- When Soviet Totalitarians Became American Allies by T. Hunt Tooley
- The Right of Self-Determination by Ludwig von Mises
