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    Brexit was a questionable exercise in democracy

    News, Kenneth Rogoff, Published on 27/06/2016

    » The real lunacy of the United Kingdom's vote to leave the EU 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.

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