Leaving the EU: Economic Analysis

Michael Tomlinson Excerpts
Tuesday 30th January 2018

(6 years, 3 months ago)

Commons Chamber
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Steve Baker Portrait Mr Baker
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As I have already said, all scenarios in this analysis show growth. The analysis is heavily caveated with the profound uncertainties that exist, not only for the UK and Europe but for the world. In that context, I hope that the hon. Gentleman will accept the answers that I have given today.

Michael Tomlinson Portrait Michael Tomlinson (Mid Dorset and North Poole) (Con)
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Following directly on from that, is it not right that we should approach such economic modelling with caution? History has proven to be wrong and flawed in the past. The information is incomplete. Does my hon. Friend, and philosopher longstanding, look forward to proving this analysis wrong as well?

Steve Baker Portrait Mr Baker
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I would agitate for a healthy scepticism about the use of mathematical economics, and we should go forward in that spirit.