Fracturing of the E.U.

The long-simmering crises challenging the European Union have worsened with the 2008 financial crisis, the influx of Middle East refugees in 2015, several bloody terrorist attacks, and England’s departure from the E.U. in 2016. Yet these are all the wages of persistent flaws in the idea of the Union itself. Excessive regulations, welfare, and taxes impede economic growth. Centralization of power i...