Freedom Is Receding Around the World

Freedom Is Receding Around the World

July 8, 2016 Noah Smith, Opinion
The economic dangers of Britain’s exit from the European Union are probably exaggerated. The U.K.  is in a bit of trouble, since falling real estate prices might spark a recession there. But it seems unlikely that the spillover to the global economy will be severe. British trade policy probably won’t change much, and extremists in…