The economics of Brexit

Hillmanhunter1

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Cards on the table - I think Brexit is economic madness.

Here is the best economic analysis that I have found (at least accessible to the non-academic) of why it is madness:
https://www.youtube.com/watch?v=EcIkIz98zXU

Posen is no slouch. PhD from Harvard, and a CV that includes the Fed, the IMF, Bank of England, Bundesbank and the Japanese government.

My question is this, can anyone post a link to the arguments, video or text, (by an academic economist of similar stature, and not a politician) that contradict Dr Poser's view?
 
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Deadlock

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Cards on the table - I think Brexit is economic madness.

Here is the best economic analysis that I have found (at least accessible to the non-academic) of why it is madness:
https://www.youtube.com/watch?v=EcIkIz98zXU

Poser is no slouch. PhD from Harvard, and a CV that includes the Fed, the IMF, Bank of England, Bundesbank and the Japanese government.

My question is this, can anyone post a link to the arguments, video or text, (by an academic economist of similar statue, and not a politician) that contradict Dr Poser's view?
Great OP. Thanks.

I can hear the howls of 'yet another "expert" viewpoint'.
 

firefly123

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Cards on the table - I think Brexit is economic madness.

Here is the best economic analysis that I have found (at least accessible to the non-academic) of why it is madness:
https://www.youtube.com/watch?v=EcIkIz98zXU

Poser is no slouch. PhD from Harvard, and a CV that includes the Fed, the IMF, Bank of England, Bundesbank and the Japanese government.

My question is this, can anyone post a link to the arguments, video or text, (by an academic economist of similar statue, and not a politician) that contradict Dr Poser's view?
About to be mugged by reality.

nicely put
 

Wascurito

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Project Fear! Project Fear! :lol:
 

Hillmanhunter1

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I'm still waiting, PBP voter
 

PBP voter

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Cards on the table - I think Brexit is economic madness.

Here is the best economic analysis that I have found (at least accessible to the non-academic) of why it is madness:
https://www.youtube.com/watch?v=EcIkIz98zXU

Poser is no slouch. PhD from Harvard, and a CV that includes the Fed, the IMF, Bank of England, Bundesbank and the Japanese government.

My question is this, can anyone post a link to the arguments, video or text, (by an academic economist of similar statue, and not a politician) that contradict Dr Poser's view?
Plenty.

Many Non-EU countries have free access to the single market.

They get the benefit of free trade without having to had over millions to the EU.

If the UK gets a free trade deal(highly likely IMO) they will be much better off.

But even if you don't get free trade you are still likely to be better off.

"The Myth and Paradox of the Single Market" by Mick Burrage deals with it.

Some key points from the book:
*The UK’s exports have grown least during the period of the single market while those of non-EU countries have benefited the most.
*The US exports more to the EU than we do and its exports have increased at a much faster rate than ours recently.
*Switzerland exports per capita five times more to the EU than we do. Even more surprisingly, the non-EU members that have no particular trade agreements with the EU such as Australia, Japan and the US, have benefited from the single market more than those like Switzerland, Norway and Iceland, who have negotiated special trade agreements.

Why? Why? Why?

Simply because the single market is open to all non-Eu countries in exchange for paying a relatively modest tariff of 3 to 4 per cent, something that evidently does not stop non-EU countries from selling within it.

Who is Burrage?

Michael Burrage is a director of Cimigo, which is based in Ho Chi Minh City, Vietnam, and conducts market and corporate strategy research in China, India and 12 countries in the Asia Pacific region. He is also a founder director of a start-up specialist telecom company which provides the free telephone interpreter service for aid workers and others where interpreters are scarce.

He is a sociologist by training, was a Fulbright scholar at the University of Pennsylvania, has been a lecturer at the London School of Economics and at the Institute of United States Studies, specialising in the comparative analysis of industrial enterprise and professional institutions. He has been a research fellow at Harvard, at the Swedish Collegium of Advanced Study, Uppsala, at the Free University of Berlin, and at the Center for Higher Education Studies and the Institute of Government of the University of California, Berkeley. He has also been British Council lecturer at the University of Pernambuco, Recife, Brazil, and on several occasions a visiting professor in Japan, at the universities of Kyoto, Hokkaido and Kansai and at Hosei University in Tokyo.

He has written articles in American, European and Japanese sociological journals, conducted a comparative study of telephone usage in Tokyo, Manhattan, Paris and London for NTT, and a study of British entrepreneurs for Ernst & Young. His publications include Revolution and the Making of the Contemporary Legal Profession: England, France and the United States (OUP, 2006) and Class Formation, Civil Society and the State: A comparative analysis of Russia, France, the United States and England (Palgrave Macmillan, 2008). He edited Martin Trow: Twentieth-century higher education: from elite to mass to universal (Johns Hopkins, 2010).
 
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Hillmanhunter1

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ger12

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Why are socialists so anti EU? (PBP poster)

The Brits have made a bat shît crazy decision, let them off now, they're grown ups after all. And besides, they were often like petulant wee children when it came to Europe.

Time to move on, and the Brits to move out.
 

Hillmanhunter1

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Why are socialists so anti EU? (PBP poster)

The Brits have made a bat shît crazy decision, let them off now, they're grown ups after all. And besides, they were often like petulant wee children when it came to Europe.

Time to move on, and the Brits to move out.
Your post is irrelevant to this discussion.
 

Tribal

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Hillmanhunter1

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You're only thinking that now, 1 year, 7 months and 23 days to Brexit?
No. I'm an economist myself (though not a practicing one!). I've always thought that it was economic madness.

I was impressed with the intellectual clarity of Poser's analysis, I just wondered if there was any serious economist who had elaborated a different view.
 
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Another Brexit thread? This time based on a YouTube video?
 

Hillmanhunter1

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jvghan

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No. I'm an economist myself (though not a practicing one!). I've always thought that it was economic madness.

I was impressed with the intellectual clarity of Poser's analysis, I just wondered if there was any serious economist who had elaborated a different view.
Like Mervyn King, ex head of the Bank of England, or 2 former successful Chancellors of the Exchequer, Namely, Lawson and Lamont? Or a whole load of other economists who backed Leave?

Yes, yes, we know Goldman Sachs aren't happy about it, we know, that is why they funded the Remain campaign in the first place, we get it, lets move on.

[video=youtube;xskWLMu5Ggo]https://www.youtube.com/watch?v=xskWLMu5Ggo[/video]
 

Tribal

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No. I'm an economist myself (though not a practicing one!). I've always thought that it was economic madness.

I was impressed with the intellectual clarity of Poser's analysis, I just wondered if there was any serious economist who had elaborated a different view.
Nonpracticing economist? Do you wear sackcloth, sleep in a barrel and survive off alms?

We're all economists.
 

Tribal

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Like Mervyn King, ex head of the Bank of England, or 2 former successful Chancellors of the Exchequer, Namely, Lawson and Lamont? Or a whole load of other economists who backed Leave?

Yes, yes, we know Goldman Sachs aren't happy about it, we know, that is why they funded the Remain campaign in the first place, we get it, lets move on.

[video=youtube;xskWLMu5Ggo]https://www.youtube.com/watch?v=xskWLMu5Ggo[/video]
I agree, as we're all economists in our owns lives so brexit is an act of faith, not economics.
 


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