Tag Archives: Economics

Experts? Bah Humbug!!

Michael Gove is famously quoted as saying – during a Brexit campaign interview with Sky News on 3 June 2016 – that “the people of this country have had enough of experts”. In fact that was the first half of a sentence which the interviewer interupted. The whole sentence was :

“I think that the people of this country have had enough of experts with organisations from acronyms saying – from organisations with acronyms – saying that they know what is best and getting it consistently wrong, because these people – these people – are the same ones who got consistently wrong.”

Gove got handsome applause from the audience for this statement. But then I don’t suppose many of them were experts… 😉

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Stiglitz on Brexit and on Scottish Independence

Jo Stiglitz is a Nobel Prize winner for Economics. He is also one the First Minister of Scotland’s council of economic advisers. In this BBC interview, he is pondering on Brexit. He thinks a Norway-type agreement would be best if we do leave; and on Scottish Independence: he was in favour in 2014 and thinks those arguments are stronger now given the way Brexit talks are going.