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Evidence receipt / belief

Published · transcript-backed

Tim Harford: belief

12 Feb 2020 Conversations with Tyler Tim Harford on Persuasion and Popular Economics

“I think some of the analysis coming from inside the UK suggests it might be twice that.”

— Tim Harford

Source trail

Everything needed to verify it.

Speaker
Tim Harford
Attribution
Verified speaker
Claim type
belief
Recorded
12 Feb 2020
Publisher
Conversations with Tyler

Transcript context

…But you’ve had a higher growth rate than Germany, right? We keep promising to make a decision and then postponing the decision, but one never knows. But yeah, that order of magnitude. I think some of the analysis coming from inside the UK suggests it might be twice that. It might be more like 6 percent. If nothing else, doesn’t the current experience simply show how hard it is to do Brexit? It seems everyone can agree with that. So, if doing Brexit is really hard, it will only get harder, so staying in is a kind of irreversible choice. When you’re making irreversible choices, the cost-benefit calculus has to be very strongly in favor of an irreversible investment, right?…

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