The Wisconsin Budget Policy concludes “Costly Tax Credit has Done Little to Boost [manufacturing] Employment”.
U.S. stock prices fell more than 5% in the two-day aftermath of the British vote to leave the European Union. But equities have since regained those losses and are back near all-time highs.
But still looks darned high. Wonder what it is in the UK…
Today, we are pleased to present a guest column written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers.
I see a possible way out for the trap that Brits now find themselves in, a way to keep Great Britain great.
I find it remarkable that, going by the numbers, economic policy uncertainty is now higher than after the bankruptcy of Lehman — and even higher than in the days after 9/11.
Here are my two pence on some of the consequences of Britain’s vote to leave the European Union.
Here are some assessments of the economic impact on the UK economy, over the short (business cycle horizon) to long run.