Why Economists Are Hopeless When it Comes to Brexit

Almost all economists believed that Armageddon was likely after the Leave vote

by Allister Heath

I love economists, I really do. I adored economics at school, spent five years studying the subject at university and have written about the economy, among other topics, for my entire professional career. I like hanging out with dismal scientists.

But it’s time for economists to take a chill pill. They need to relearn a little humility, especially when it comes to trying to understand the impact of a gargantuan event such as Brexit.

Grasping its implications is not in their or anybody else’s comfort zone, and they would be better off admitting as much sooner rather than later.

Continue Reading at Telegraph.co.uk…