To me it's clear: the EU has not only become too big for its own good, it's too big to do hardly anything good.

Back in 1975 when the UK first confirmed membership in the EU (when it was called the European Economic Community), it made sense.

Britain has always thrived on international trade, and the EU promised more trade.

But that's not what happened. The EU didn't turn into a peaceful, efficient, multi-national trading bloc that enables commerce and prosperity.

Rather it has become an ever-expanding, unaccountable bureaucracy ruling over vastly disparate nations who are increasingly at odds with one another.

And it is precisely the size of this Leviathan that's the problem… something that was first identified several decades ago by economist Leopold Kohr.