Bracing for Brexit on June 23

London

CENTRAL bankers, diplomats, lawyers, lobbyists, senior civil servants, chief executives and other unelected technocrats believe that Britain should vote on June 23 to stay in the European Union (EU). There could be serious consequences if the United Kingdom left. Londoners might not be able to trade the euro. Bankers could move to Paris or Frankfurt. The UK may lose its seat on the UN security council. In the world of unelected technocrats, these things are important.

The most savage controversies are those about matters as to which there is no good evidence either way. We don't have heated debates about whether a triangle has three sides. We don't argue about whether Scotland is north of England. Lack of evidence tends to make an argument more emotive. This is certainly the case with regard to Britain and the EU.