EU Basics – Your Guide to the UK Referendum on EU Membership

Professor Werner makes the case for Brexit…

professorwerner

by

Professor Richard A. Werner, D.Phil. (Oxon)

20 June 2016

The British people should be clear about just what they will be voting on at the EU referendum this Thursday. What does it actually mean to stay in the EU? What does it mean to exit?

Concerning the second question, the dominant issue in the debate has been the question whether there will be a significant negative economic impact on the UK from exiting the EU. Prime Minister David Cameron, together with the heads of the IMF, the OECD and various EU agencies have given dire warnings that economic growth will drop, the fiscal position will deteriorate, the currency will weaken and UK exports will decline precipitously. George Osborne, the chancellor of the exchequer has threatened to cut pensions if pensioners dare to vote for exit. But what are the facts?

I have been trained in international and monetary economics…

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4 thoughts on “EU Basics – Your Guide to the UK Referendum on EU Membership

    1. Hello Stuart,
      Yes, the months leading up to the referendum allowed for a lot of discussion leading to awareness of the whole scheme. Thankfully, it’s impossible for people to unlearn facts after they’ve entered their consciousness. In Britain’s case of EU membership for over 40 years it’s a wonder it took so long to see the reality, but as the saying goes, “better late than never.” History made in front of everyone’s eyes… Thanks.

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    1. Lara/Trace, And I am grateful to you, Stuart and all for helping me understand Lara. On the other hand, there are times when one wishes the unpleasant facts, because highly disturbing, had never entered one’s awareness. To diminish the unpleasant events occurring on Earth, it’s better for people to know important facts than not… Thank you.

      Like

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