Are Brexit’s Transaction Costs levelling down UK’s global super league position?

Budd, Leslie (2021) Are Brexit’s Transaction Costs levelling down UK’s global super league position? Birmingham City University, Centre for Brexit Studies Blog.

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Abstract

The Transaction Cost Economy

In May 2015, I was on a Brexit discussion panel with a Conservative local councillor and a former Cabinet Minister. It was not the most edifying experience given the audience was dominated by Leave.EU supporters who on being informed that Brexit would lead to increased transaction costs derisively responded: “Wot’s Dat?” This response showed a more profound problem that went beyond the 2016 Referendum campaign. That is, the general lack of understanding of how modern economies work, that appears to afflict not only large numbers of the public but many of their political representatives and media commentators.

Item Type:	Other
Dates:	Date Event 26 April 2021 Published Online
Uncontrolled Keywords:	Centre for Brexit Studies, CBS, Brexit, BCU, EU, European Union, UK, Birmingham City University, UK Government, UK politics
Subjects:	CAH15 - social sciences > CAH15-03 - politics > CAH15-03-01 - politics
Divisions:	Research, Innovation, Enterprise > Centre for Brexit Studies
Depositing User:	Alex De Ruyter
Date Deposited:	11 Feb 2022 15:51
Last Modified:	11 Feb 2022 15:51
URI:	https://www.open-access.bcu.ac.uk/id/eprint/12823