Not much detail, as the paper that makes the claim is only available at present to American Economic Association members; but in Did Austerity Cause Brexit? University of Warwick economist Thiemo Fetzer asserts that he found a "significant association between the exposure of an individual or area to the UK government’s austerity-induced welfare reforms begun in 2010, and the following: the subsequent rise in support for the UK Independence Party, an important correlate of Leave support in the 2016 UK referendum on European Union membership; broader individual-level measures of political dissatisfaction; and direct measures of support for Leave. Leveraging data from all UK electoral contests since 2000, along with detailed, individual-level panel data, the findings suggest that the EU referendum could have resulted in a Remain victory had it not been for austerity." (Image: Peter Damian, CC-BY-SA) (via Marginal Revolution)
Cutbacks caused Brexit: austerity correlates with UKIP membership
- COMMENTS
- austerity
- brexit
- david fucking cameron
- economics
- mmt
- reality has a well-known leftist bias
- scholarship
- tories
- ukip
Fatal car wrecks are correlated with stock-market fluctuations
Writing in The Journal of Health Economics, three economists claim (Sci Hub mirror) that "a one standard deviation reduction in daily stock market returns is associated with a 0.6% increase… READ THE REST
The 1970s called and they want their proto-McMansions back!
The latest installment of the always-delightful McMansion Hell (previously) departs from the usual format of mercilessly skewering the tasteless custom homes of the contemporary super-rich and instead delves into their… READ THE REST
You will be helped! Research using real-world situations fails to replicate the "bystander effect"
For decades, the "bystander effect" (previously) has been a bedrock of received psychological wisdom: "individuals are less likely to offer help to a victim when other people are present; the… READ THE REST
Short Post, just one paragraph
Dessert cheesecake wafer bear claw fruitcake. Fruitcake chupa chups donut candy canes marzipan. Apple pie sweet roll tart chocolate cake macaroon marshmallow carrot cake gummi bears sweet. Pastry sugar plum… READ THE REST
Save 50% on a 1-year subscription to Dashlane's premium password manager
We all know vital information about ourselves and our private digital accounts can be compromised by cybercriminals. However, many would be frightened to know just how compromised they and their… READ THE REST
The Bite Helper removes the itch of a mosquito bite in seconds
While mosquitoes have certainly earned their title as the deadliest animal on earth, their impact on most of our lives is usually a lot less consequential. But even though they… READ THE REST