Economists Have a Century of Failure Behind Them. No Wonder They Back Remain Now

Did economist predict 1929? No they did not

by Allister Heath

Over the past few weeks, David Cameron and George Osborne have been claiming, over and again, that those of us who support Brexit have lost the economic argument. They want us to concede that we only really care about “sovereignty”, and to accept that this would come at a heavy cost in terms of forgone prosperity.

It’s a convenient narrative for the Remain side, and one which underpins its strategy to win the referendum. It’s also utter nonsense.

Nobody on the sensible Brexit side should accept that quitting the EU would be bad for growth, jobs or wages. The free-market, cosmopolitan, pro-globalisation economic case for leaving is stronger than ever; and the people who would run the Tory party and thus the country in the event of a Brexit largely believe in it.

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