Patrick Minford sets out how the most recent doom-and-gloom forecasting of the Civil Service was wrong by £300 billion – brought on by their absurdly high assumptions about UK-EU trade barriers, equivalent to tariffs ranging between 8.1% and 30.6%.
Professor David Blake critiques the EU’s debt-fuelled maintenance of the single currency.
We – who correctly predicted that the Treasury and the OBR would have to revise their figures – say that from 2020, the Treasury will have a surplus of more than £25 billion a year and rising to play with.
This report has been produced by four leading independent economists, all with a strong successful track record in economic forecasting: Roger Bootle (Economists for Free Trade), Gerard Lyons (City economist), Professor Patrick Minford (Cardiff University and Chair of Economists for Free Trade), and Julian Jessop (Chief Economist at the Institute of Economic Affairs).
Read the latest report from Economists for Free Trade, Leave Means Leave and Labour Leave.
Read our publications on the economy after Brexit here, including From Project Fear to Project Prosperity, which sets out the key arguments for free trade, properly understood as global free trade and not simply free trade with the rest of the EU.
Alongside the publications available via this website, our leading economists have published supporting works.