The claim that Brexit has already shrunk the UK economy by “as much as 8%” is based on flawed analysis and should not be relied upon – especially as an argument for rejoining the EU. This blog looks again at one of the most common ways of estimating the “economic damage” allegedly done by Brexit, … Continue reading Three reasons why you should never trust a “doppelgänger”
Tag: doppelganger
What the NBER got wrong on the ‘Economic Impact of Brexit’
I’ve finally found time to review the NBER Working Paper which claims that Brexit has reduced UK GDP by as much as 8% since the vote to leave in 2016. As Martin Wolf writes in today’s Financial Times, “if this is even roughly correct, Brexit has been nothing short of an economic disaster”. But I think … Continue reading What the NBER got wrong on the ‘Economic Impact of Brexit’
How the Remainer media get Brexit wrong – and why this matters
It has taken six years since the vote to the leave the EU, but I have finally lost the last of my patience with how (most of) the press is covering the economic impact of Brexit. Here are three of many examples from the last few days alone. First, on Thursday the ONS published new … Continue reading How the Remainer media get Brexit wrong – and why this matters
Plain-speaking Economics 