The Conversation

For the English, Brexit will mean economic pain

Author: Stephen King, Professor, Department of Economics, Monash University

The naiveté of the English!

They have voted for Brexit. Now the debate has turned to the ‘conditions’ of exit. But the English are talking as if they will have a choice. They won’t. Let me use a bit of game theory to explain.

Put yourself in the position of the non-English EU leaders. The Brexit vote is simply the first...

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