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Britain’s flagging economy: is Brexit to blame?

Departure from Europe has created problems and austerity has made them worse

By Ann Pettifor  

Chancellor Philip Hammond. Photo: Nick Ansell/PA Wire/PA Images

According to Heisenberg’s uncertainty principle there are limits to the precision with which we can be certain about the properties of a particle. “The position and the velocity of an object cannot both be measured exactly, at the same time, even in theory. The very concepts of exact position and exact velocity together, in fact, have no meaning in nature.”

As in physics so in economics. There are limits to the precision with which we can judge the impact of the…

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