Monthly Archives: May 2016

This is what Ruth Lea, a pro Brexit economist of some prior distinction, dubbed the apparent agreement of the overwhelming majority of economists, and the HMT/IMF/OECD/NIESR cabal, who happen to think that Brexit will be costly.  This morning, on Twitter … Continue reading →

The letter: [published in The Times, 11.05.16] Focusing entirely on the economics, we consider that it would be a major mistake for the UK to leave the European Union. Leaving would entail significant long-term costs. The size of these costs … Continue reading →

Jacob Rees Mogg, on the Treasury Committee, which holds the Bank of England to account, has called for Mark Carney to be ‘fired’ for his handling of the discussion of the risk of a short term shock to the economy … Continue reading →

The May Inflation Report was understandably dominated by the debate about the economics of Brexit. I thought that the BoE ducked a chance to be transparent about the consequences of a vote to Leave.  It chose to condition its forecast … Continue reading →

IDS’ speech got my goat.  See here.

Together with Paul Levine and Simon Wren Lewis, I coordinated a letter to try to gauge the extent of feeling towards the idea that on economic grounds alone, the UK should Remain in the EU. Simon reproduces the letter on … Continue reading →

Oh no, not another one, we hear you groaning.  And well you might. However, prompted by the tightening in the polls, and the publicity around the ‘Economists for Britain’ and ‘Economists for Brexit’ groups, Paul Levine, Simon Wren-Lewis and I … Continue reading →

The polls are tightening, and it’s estimated now that there is a 30 % chance of the UK voting to leave the EU.  The Bank of England somehow has to produce an Inflation Report and a policy decision that reflects … Continue reading →