MOST members of the British political elite are citizens of two countries—their own and the United States. They follow American elections with obsessive zeal. They gorge on fat biographies of Lyndon Johnson and Alexander Hamilton. They scheme to gain their children places at Harvard and internships in Congress. The dirty secret of the Brexit debate is that most British politicians are not so much hostile to the European Union as bored by it. America is where their heart lies.
For much of the past 40 years this worship affair has served Britain well. It has strengthened the forces of reform and regeneration,enlivened policy discussions and put the kibosh on microscopic Englandism. Thanks in piece to its close relationship with America, Britain has been able to revive the position it seized in the 19th century in the slipstream of liberal thought.
The first example of this was Thatcherism. American thinkers such as Milton Friedman and George Stigler provided Margaret Thatcher with the academic...
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Source: economist.com