Why did the UK become a failed state? — Simon Wren-Lewis — mainly macro

This post is about how a policy (crashing out of the EU) that will do nearly everyone harm and some great harm seems to have considerable, albeit still minority, support…

You either have to assume that a third of the population has gone mad, or instead see this as a fundamental failure of information. The UK is a failed state because the producers of information have made it fail.

According to Simon Wren-Lewis, this information problem is being facilitated by the media.

In one sense, the idea that people don’t have enough information to make an informed decision is nothing new. As I’ve written in the past, ignorance is inevitable.

But there does seem to be something particular going on in Britain right now that is causing something even worse than mere ignorance.