A full U.K. Brexit in two years is now regarded as infeasible.
Could anything have been done to avert the “lost decade” of economic underperformance since the global financial crisis?
An EU relationship similar to Norway’s is the only model that could attract public and political support in Britain.
Britain faces what economists call “radical uncertainty,” a situation where risks cannot be rationally quantified.
German Chancellor Angela Merkel has refused to consider broader European interests if they threaten her domestic popularity.
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