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With the end of the year approaching, I have been thinking about which of my views have changed over the last 12 months. Here’s one: I no longer think Brexit is a bad idea. I’m not ready to endorse it, because I don’t feel comfortable with the nationalism and populism surrounding so much of the Leave movement, but I no longer wish the referendum had gone the other way.

To be clear, I still believe the pro-remain arguments I and many others made four years ago. Even two years ago, I would have argued that the U.K. is better off as part of the European Union, for all the well-known pro-trade, pro-migration and pro-cooperation reasons. The problem is that, especially in the last year, the EU has become a less workable political union, especially for the U.K.

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