, Columnist
EU, Not Britain, Has a Democracy Deficit
Panic over U.K.'s exit is based on a dubious reading of European history.
The world is still working.
Photographer: Christopher Furlong/Getty ImagesThis article is for subscribers only.
If you are reading this column, the world still exists.
This should come as a relief to anyone who has been reading the commentary about the U.K.'s allegedly terrifying and catastrophic vote to leave the European Union. The vote could lead, some forecasters say, to a global recession (one that, knowing today’s press, will inevitably be called a “Brecession”).