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.