Wednesday , May 23 2018

What was Brexit really about?

Summary:
Those who try to understand the Brexit vote in terms of bean counting (or cost-benefit analysis) are missing the point. Yes, there was a strong underlying economic reason for the manner in which the majority adopted Brexit. But it had nothing to do with a calculation of what the result of the referendum would do to people’s hip pocket. Voters did not behave like homo economicus. (This is where the official Remain campaign, with its emphasis on ludicrous econometric scaremongering got it so badly wrong.) We saw how regions, like Cornwall, that have a great deal to lose from Brexit (as they are net beneficiaries of European structural funding), voted strongly in favour of Brexit. My estimation, the feeling I

Topics:
Yanis Varoufakis considers the following as important: , ,

This could be interesting, too:

Yanis Varoufakis writes Discussing Seattle’s Amazon Head Tax on NPR’s (KUOW NPR 94.9) ‘On The Record’ – 15 MAY 2018

Yanis Varoufakis writes On Hard Talk, BBC, summing up what our 2015 struggle against the EU-IMF troika was about, and how it was undermined

Yanis Varoufakis writes THE NATION: Yanis Varoufakis’s vision for a more democratic Europe – a review of ‘Adults in the Room’, ‘Talking to My Daughter About The Economy’ & ‘And the Weak Suffer What They Must?’ by Atossa Araxia Abrahamian

Yanis Varoufakis writes EL PAIS: COMPORTARSE COMO ADULTOS: El exministro de Finanzas griego ha publicado un libro sobre las entretelas de la política europea

Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

Leave a Reply

Your email address will not be published. Required fields are marked *