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What Comes After the Brexit Vote?

We asked Chicago Booth faculty for their takes on the implications of the Brexit referendum. Their answers reflect the myriad choices the British government has still to make, and the dramatic economic consequences that may result.

Steven J. Davis

“Until the EU and the UK come to a new understanding, uncertainty will forestall long-term investments, hiring decisions, and other activity.”

–Steven J. Davis

Read Steven J. Davis’s Essay

Watch Steven J. Davis’s Video

“Until the EU and the UK come to a new understanding, uncertainty will forestall long-term investments, hiring decisions, and other activity.”
Amir Sufi

“Some groups are negatively affected by globalization, and economists and policy makers mostly ignore these effects.”

–Amir Sufi

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Watch Amir Sufi’s Video

“Some groups are negatively affected by globalization, and economists and policy makers mostly ignore these effects.”
Christian Leuz

“The Brexit vote raises big political questions for the EU and its leaders, who must learn important lessons and adjust.”

–Christian Leuz

Read Christian Leuz’s Essay

“The Brexit vote raises big political questions for the EU and its leaders, who must learn important lessons and adjust.”
Luigi Zingales

“Not only did experts’ forecasts fail to rally the vote for ‘Remain,’ they probably contributed to the victory of ‘Leave.’”

–Luigi Zingales

Read Luigi Zingales’s Essay

“Not only did experts’ forecasts fail to rally the vote for ‘Remain,’ they probably contributed to the victory of ‘Leave.’”
Tarek Hassan

“It’s hard to find an economic rationale for the majority to have voted to constrain migration; the reasons are all political.”

–Tarek Hassan

Read Tarek Hassan’s Essay

Watch Tarek Hassan’s Video

“It’s hard to find an economic rationale for the majority to have voted to constrain migration; the reasons are all political.”
Erik Hurst

“Leaving the EU may curtail immigration, but it will likely further serve to reduce Britain’s manufacturing industry.”

–Erik Hurst

Read Erik Hurst’s Essay

“Leaving the EU may curtail immigration, but it will likely further serve to reduce Britain’s manufacturing industry.”
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