Sean Holly's picture
Affiliation: 
Cambridge University

Voting history

Are academic economists ‘in touch’ with voters and politicians?

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Question 3: Voters chose to leave the EU for non-economic reasons.

Do you agree that this was an important reason for a majority of UK voters going against the near unanimous advice of the economics profession?

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Answer:
Strongly agree
Confidence level:
Confident

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Question 2: What do you think is the most likely reason that a majority of UK voters went against the near unanimous advice of the economics profession?

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Answer:
A. Non-economic reasons more important
Confidence level:
Confident
Comment:
Talking to an entirely unrepresentative sample of leavers, I got the impression that while they were willing to accept the (short term) economic losses; it was worth it to regain parliamentary sovereignty and control over immigration.

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Question 1: Do you agree that the economics profession needs an institutional change that promotes the ability to communicate more effectively with policy-makers and the public at large and to make clear when economists have a united view; and do you agree that we need to introduce leadership to help achieve this improvement through coordinated efforts?

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Answer:
Strongly disagree
Confidence level:
Extremely confident
Comment:
I think the question is misplaced. We use profession as a loose, collective term for Economists but we are not a profession in the sense in which the term is used elsewhere, for those, for example, in law, accounting, architecture and medicine. These professions have power over their members. Most have ethical standards and these can be enforced. You can be expelled from the profession.

Brexit: the potential of a financial catastrophe and long-term consequences for the UK financial sector

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Question 3: What do you think will be the overall economic consequences of Brexit for the UK?

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Answer:
Mildly negative
Confidence level:
Confident

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Question 2: What is the probability that the UK experiences such a significant disruption to financial markets and asset prices following a vote for Brexit on 23 June?

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Answer:
> 70%
Confidence level:
Confident

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