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MIT Management Newsroom:
Brexit, explained

18 October 2017

Article by John Van Reenen:  ... “An argument that was made in favor of Brexit was that by restricting Europeans coming into Britain, it would create an economic boon,” said MIT Sloan professor John Van Reenen, an economist who studies Brexit and its economic implications. This was based on the assumption that immigration displaced British workers, increasing their unemployment and decreasing their wages. “There’s been a lot of research on that,” said Van Reenen, “and the pretty unequivocal answer is that it’s totally wrong.”... For more analysis, check out the Centre for Economic Performance’s Brexit page.

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