Brexit is a reminder
that some things just shouldn’t be decided by referendum – Washington Post
A scary finding from UK –
“One of the reasons it's gotten harder for experts --
pollsters, bookmakers, economic modelers -- to predict election outcomes is
that too many people make up their minds too late. According to a recent report
by the market research firm Opinium, 20 percent to 30 percent of voters make a
final decision within a week of casting their ballots, half of them on the day
of the vote. In the U.K., a lot of these last-minute deciders are swayed by the
tabloid press.
The Sun has a perfect record of backing the winning side
in every election and referendum in the U.K. has had. ...
Reeves and his collaborators formulated a "theory of
naïve preferences," versus "enlightened preferences," to explain
how it happens. "Persons who have naïve preferences have values grounded
in issues other than ideologies or policy positions, typically involving
perceived charisma or competence," they wrote. "Sun readers are less
politically knowledgeable and have weaker commitments to particular ideologies
and are therefore more likely to exhibit naïve preferences than other newspaper
readers." These same readers could probably be persuaded to vote
"remain."”
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Meanwhile, European cities are competing to attract
financial sector firms looking to decamp from London –
http://www.bloomberg.com/news/articles/2016-06-27/brexit-boon-seen-for-european-cities-poaching-london-bankers
http://www.bloomberg.com/news/articles/2016-06-27/brexit-boon-seen-for-european-cities-poaching-london-bankers