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Haha. But no, not only that. 90% of economists thought Brexit would be net bad [1]. But at least 50% of economists the BBC put on air thought it would be net g
by gmac 11mo ago
Haha.
But no, not only that. 90% of economists thought Brexit would be net bad [1]. But at least 50% of economists the BBC put on air thought it would be net good [2].
Edit: here's a longer-form version of this argument: https://mainlymacro.blogspot.com/2018/04/brexit-and-corbyn-how-our-media-fails.html https://mainlymacro.blogspot.com/2018/04/brexit-and-corbyn-h...
[1] https://ifs.org.uk/articles/paul-johnson-leavers-may-not-economists-we-are-right-about-brexit https://ifs.org.uk/articles/paul-johnson-leavers-may-not-eco...
[2] Waking up to the Today programme for years (yes, a better source here would be nice)
- gadders 11mo agoAll that shows is that 90% of economists were wrong. I mean I don't think it was massively good (government fumbles saw to that) but the UK isn't doing significantly worse than the rest of Europe, or worse than it was pre-Brexit. Economics isn't a proper science, but even so it's not a democracy - more people saying x rather than y doesn't guarantee they're correct.