Archive for June 26th, 2016

Just how bad will Brexit be, and can it be undone?

Just how bad will Brexit be, and can it be undone?

By Simon Wren-Lewis. Published in the blog Mainly Macro on June 25, 2016. Mediamacro love their focus on ‘the markets’, and this leads to talk that makes Brexit sound like a major financial crisis. It almost certainly is not that. Impact on the UK economy At the heart of BrexitRead More

Britain’s Democratic Failure

Britain’s Democratic Failure

By Kenneth Rogoff. Published on Project Syndicate on June 24, 2016.  CAMBRIDGE – The real lunacy of the United Kingdom’s vote to leave the European Union was not that British leaders dared to ask their populace to weigh the benefits of membership against the immigration pressures it presents. Rather, itRead More