former UK gov minister N Lawson re brexit

The Bruges Group
A letter in this week’s *Spectator* from Nigel Lawson:
Sir,
Last week’s lead article (‘Boris begins’, 27 July) suggested that if we leave without a deal, ‘the Johnson government will have another huge challenge on its hands — how to avert large-scale economic damage’. I have some experience of the conduct of economic policy, and I hope you will forgive me for saying that this is poppycock.
Leaving the EU without a trade deal will cause some short-term disruption, but the essence of good government is to do what is best for the medium and long term, whatever the short-term difficulties. And although the main purpose of Brexit is political — i.e. self-government — the economic consequences will be hugely positive, not least through regaining our regulatory autonomy. It should be clear to the meanest intelligence that if there were any economic case for EU membership, the EU (an overtly political project) would not be the world’s economic basket-case, which it is.
Nigel Lawson
London SW1