Thursday, March 14, 2019

Transaction costs unaffordable

MPs overwhelmingly back Brexit delay

No discretionary flexibility in the British position. That is precisely the problem they tried to escape, and attempted a restoration of discretion in government. Thus, Bexit is a requant, a non-adiabatic adjustment.

But muddled confusion is also unsustainable.  Chaos, at the moment, just have chaos about the issue and see what, if anything, turns up. We haven't tried chaos, yet.

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