By Ben Bernanke. Originally published in Brookings on June 28th. After several days of market upset, a few reflections on last week’s momentous vote in Great Britain. Even more obvious now than before the vote is that the biggest losers, economically speaking, will be the British themselves. The vote ushersRead More

Por Jesús Fernández-Villaverde. Publicada en Nada es Gratis el 26 de junio de 2016. El jueves por la mañana (hora de Estados Unidos) hablaba con un amigo y coautor, que me preguntó mi predicción sobre el referéndum en el Reino Unido. 53% de votos quedarse, 47% de votos irse, le dije.Read More

By Simon Wren-Lewis. Published in the blog Mainly Macro on June 25, 2016. Mediamacro love their focus on ‘the markets’, and this leads to talk that makes Brexit sound like a major financial crisis. It almost certainly is not that. Impact on the UK economy At the heart of BrexitRead More

By Kenneth Rogoff. Published on Project Syndicate on June 24, 2016.  CAMBRIDGE – The real lunacy of the United Kingdom’s vote to leave the European Union was not that British leaders dared to ask their populace to weigh the benefits of membership against the immigration pressures it presents. Rather, itRead More