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Godfrey Bloom: What Brexit Means

Godfrey Bloom on Mises Weekends

Tags Global EconomyMedia and CultureStrategy

06/17/2016Godfrey BloomJeff Deist

The UK is poised to vote on Brexit next week, deciding for the first time since 1975 whether to leave the European Union. The Brexit vote mirrors populist, nationalist, and anti-globalist trends around the world, and if successful it raises serious questions about the viability of the Euro itself. The whole world is watching, and markets are nervous: rarely is globalism so directly challenged.

Here to discuss Brexit is Godfrey Bloom, the great un-PC British politician who was a member of the European Parliament—where he sometimes quoted Rothbard to an uneasy audience of continental technocrats. Jeff Deist and Bloom discuss the odds of whether the "leave" campaign will be successful, whether the ECB's failure to prevent sovereign debt crises in Europe influences the vote, whether Brexit would cause actual Eurozone countries to follow suit, and what Mises had to say about theoretically taking self-determination and secession down to the individual level.

For further reading, see "The UK's EU referendum: All you need to know" by Brian Wheeler and Alex Hunt. Also, watch Godfrey Bloom cite Murray N. Rothbard in "The State is an Institution of Theft".

Note: The views expressed on are not necessarily those of the Mises Institute.

Contact Godfrey Bloom

Godfrey Bloom is a financial economist by profession and winner of international fund management awards. He is former member of the European Parliament Economic and Monetary Affairs Committee and chairman of the Parliamentary Mises Book Club.

Contact Jeff Deist

Jeff Deist is former president of the Mises Institute. He is a writer, public speaker, and advocate for property, markets, and civil society. Jeff was chief of staff to Congressman Ron Paul. Contact: email; Twitter.