It is hard to admit being wrong. But Brexit voters are doing so in droves
by William Keegan from on (#68HPH)
Having been grossly misled in the referendum, Britons' anger is mounting as the reality of our plight becomes clear
Commentators, politicians and economists tend to think they are quoting John Maynard Keynes with: When the facts change, I change my mind. What do you do, sir?"
I have always been suspicious of the derivation of this putative remark. Even in this modern world of fake news, facts do not change. New information may come to light, but facts are facts. I don't think there is any evidence that Keynes ever perpetrated such a canard, and nor does Keynes's distinguished biographer, Robert Skidelsky.
Continue reading...