WIREDGOV

Professor David Blake has conducted an independent review of the Treasury’s two reports on the economic consequences of a vote to leave the European Union in the Referendum on 23rd June.

He comments: The Treasury’s reports predict that each household in the UK will be worse off (in terms of a lower gross domestic product) by £4,300 or more by 2030.  My analysis, Measurement without Theory: On the extraordinary abuse of economic models in the EU Referendum debate, finds that this prediction is grossly exaggerated for two main reasons.

Click HERE for full article