Why Professor Minford Says Brexit Will Boost U.K. Economy

The transcript discusses the economic implications of Brexit, focusing on the risks and benefits of a tariff-free world. It highlights the impact of devaluation on manufacturing and farming, the role of government support, and the potential gains for consumers. The discussion emphasizes the importance of competition in boosting productivity and the economy.

What assumptions are made regarding the impact of Brexit on unemployment and industry support?

In what ways might competition increase in the UK economy after Brexit?