Brexit Would Cost Britain Billions (Milton Ezrati, The National Interest)

As the British public prepares to vote in a referendum on whether to stay in the European Union, it is hardly thinking about the complex economic consequences. Instead, matters of sovereignty and culture seem to hold pride of place in their collective mind. Whatever their focus, however, their decision will have huge economic consequences—for prices, for jobs and for matters of trade, in Europe generally but mostly in the United Kingdom. The probabilities suggest that “Brexit” is a bad economic idea. Certainly, that is the conclusion reached by more than three-quarters of the hundred-plus economists polled recently by the Financial Times.

http://nationalinterest.org/feature/brexit-would-cost-britain-billions-15878