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Kudlow's Quick Take


Magna Carta 2.0: Good for Freedom, Good for Growth
Trump is the big winner. Obama got crushed.
By Lawrence Kudlow, June 29, 2016

The original Magna Carta was a charter agreed to by King John of England in 1215. It just celebrated its 801st anniversary. So no, I wasn't there. But that charter has become part of an important, iconic, political myth that the deal between an unpopular king and rebellious barons marked the beginning of individual English freedoms, personal liberties, and due-process protection of individuals under the law. Magna Carta has also been cited as providing the essential foundation for the contemporary powers of Parliament and legal principles such as habeas corpus.

That's the mythology, and it's an important one.

So while I understand that describing the Brexit victory as Magna Carta 2.0 is inexact, I think it makes a key point...

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