Should-Read: Martin Wolf: Britain is incapable of managing Brexit and calamity will follow

Should-Read: Martin Wolf: Britain is incapable of managing Brexit and calamity will follow: “The UK once had a deserved reputation for pragmatic and stable politics… https://www.ft.com/content/bf0025aa-6720-11e7-8526-7b38dcaef614

…That will not survive the spectacular mess it is making of Brexit. Remember what has happened. In an unnecessary referendum, a small majority chose an option they could not understand, because it had not been worked out. Thereupon, a new prime minister, with no knowledge of the complexities, adopted the hardest possible interpretation of the outcome. She triggered the exit process in March 2017, before shaping a detailed negotiating position. Some 70 days later, in an unnecessary election, she lost both her majority and her authority…

July 14, 2017

AUTHORS:

Brad DeLong
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