For decades, investment has been falling, living standards have declined, and inequality has risen. What the Brexit and Trump campaigns shared was that they exploited the resulting disaffection by blaming those problems on external forces, including globalisation. Yet these problems were not the inevitable results of globalisation, but of domestic policy choices, influenced by flawed economic theories. Michael Jacobs […]
Economic uncertainty following the EU referendum, as well as additional political uncertainty stemming from the recent High Court decision to allow Parliament to vote on the deal, might delay the government’s preferred timing for triggering Article 50 by March 2017. There is therefore potential for fuelling investment uncertainty and delaying a steady recovery in UK productivity, explain Michael Ellington […]
Leave won the vote by a small margin, yet no question in a mature liberal democracy is answered fully by a referendum: the debate continues. Theresa May needs to acknowledge that as Brexit means Brexit for England and Wales, the opposite is true for Scotland and Northern Ireland, writes Andrew Scott Crines.
The recent meeting between Prime Minister Theresa May […]
With Brexit and a period of increasing economic uncertainty upon us, this is not the time to replace the Governor of the Bank of England. Indeed, it is Mark Carney himself who should seek certain reassurances from the government before he confirms his Governorship for another five years, writes Costas Milas.
A series of Halloween monetary policy stories emerged over […]
It is easy to assume that Brexit will increase support for an independent Scotland. However looking at recent polls, Sean Swan writes that Scottish support for remaining in the EU does not translate directly into supporting independence as a means of achieving that goal. At the same time, Brexit also appears not to have had a dramatic effect on […]
The explicit and frequent use of xenophobic rhetoric in public discussions may need deeper understanding, found in psychoanalytic ideas, writes David Morgan. Such ideas explain how politicians manipulate groups of people by priming them with certain fears, and show that immigration threatens us where it hurts: in the unconscious fear that there is not enough to go round.
The Brexit […]
The referendum vote for Brexit was clear: the electorate was 46,501,241 people; 17,410,742 of those voted Leave; and 16,141,241 voted Remain. The public actually did not, does not, and will not want a Brexit in the foreseeable future. Adrian Low makes this argument by analysing the post-referendum polls and demographic trends.
The difference between leave and remain was 3.8 percent or […]
Brexit was supposed to return parliamentary sovereignty. Instead it has brought about the most submissive, disempowered Parliament in modern history, writes Jo Murkens. The Great ‘Repeal’ Act will collapse the distinction between EU and national law, creating powers never expressly granted by Parliament. It will probably also enable the government to amend primary legislation without a parliamentary vote.
Brexit started with […]
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