Article 2YWZN The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen

The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen

by
Barry Eichengreen
from on (#2YWZN)

The only surprise is that the experts' predicted economic consequences of Brexit took so long to materialise

The Brexit debate is an endless source of mirth for anyone with a dark sense of humour. My favourite quote is from Michael Gove, Britain's environment secretary.

Just before the EU referendum in June last year, Gove, then justice secretary in David Cameron's government, dismissed the all-but-unanimous view of economists and others that a decision to leave the EU would deeply damage the British economy. "People in this country have had enough of experts," Gove testily explained, referring to "experts from organisations with acronyms, saying they know what is best and getting it consistently wrong".

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Related: You're wrong Michael Gove - experts are trusted far more than you | Anand Menon and Jonathan Portes

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