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Professor Patrick Minford in Conversation with Ali Miraj
“The conclusion is clear for Britain’s economy and for families – leaving the EU would be the most extraordinary self-inflicted wound…Britain would be permanently poorer, to the tune of £4,300 a year for every household” George Osborne
Two years on from the referendum we wait to see the true impact of Brexit. Friday 29 March, the date that Britain will formally exit the EU, is rapidly approaching. Many commentators predict impending turmoil and economic damage. Britain’s future relationship with the EU remains unclear. Is it really necessary to leave the Customs Union and the Single Market? Will we be able to sell goods and services to our largest export market? Will we be able to staff public services and businesses in multiple sectors?
Others argue that Brexit presents a unique opportunity to relinquish the shackles of the highly protectionist EU bloc and to begin to trade freely with the world. They also point out that the burden of red tape and regulation can be slashed. But how easy and realistic will it be to conclude free trade agreements with other countries? What impact will the potential influx of cheap goods to the UK have on businesses that have thus far benefitted from protection? What will this mean for jobs? Will we really want to dumb down regulations on goods that have protected us for so long? What impact will Brexit have on the City?
Winner of the Contrarian Prize, the leading economist Professor Patrick Minford in conversation with Ali Miraj, will outline his vision of what a deal between the EU and the UK should encompass and explain why he has been a leading proponent to leave the EU and move to free trade for decades. You will be able to robustly challenge him to ensure a stimulating and lively exchange of views. If you want an insight into what the UK post-Brexit will look like then you cannot afford to miss this event.
Professor Minford will also be signing the copies of his book Should Britain leave the EU? An economic analysis of a troubled relationship.
The event is hosted by Cass Business School as part of a series of the Contrarian Prize Lecture events, organised by the Contrarian Prize, an independent organisation. Contrarian Prize events have different hosts, topics and speakers and allow an intellectual forum for respectful and open discourse and debate on current issues.
6pm - Registration
6.30pm - 8pm Discussion
8pm-9pm - Reception and book signing
About the Prize
The Contrarian Prize seeks to recognise individuals in British public life who demonstrate independence, courage and sacrifice. It aims to shine a light on those who have made a meaningful contribution to the public debate through the ideas that they have introduced or the stand they have taken. Click here to find out more about the Contrarian Prize.
Patrick Minford is a macroeconomist who holds the chair of Applied Economics at Cardiff University where he directs the Julian Hodge Institute of Applied Macroeconomics. Before academic life he was an economic adviser to Her Majesty's Treasury's External Division and editor of the National Institute Review. From 1976 to 1997, he was the Edward Gonner Professor of Applied Economics at Liverpool University where he founded and directed the Liverpool Research Group in Macroeconomics; this built the ‘Liverpool Model’ of the UK, which was influential in forecasting and policy analysis during the 1980s. He was a member of Monopolies and Mergers Commission 1990-96; and one of the H M Treasury's Panel of Forecasters ('6 Wise Men') January 1993-December 1996. He was made a C.B.E. for services to economics in 1996. His economic interests include monetary, trade, labour market and macro economics and modelling. Recent publications include: Should Britain leave the EU? An economic analysis of a troubled relationship, (with S. Gupta, V. Mahambare, V. Le and Y. Xu) Edward Elgar, second edition, (2015).
Ali Miraj is a social entrepreneur, DJ, political activist and financier. He founded the Contrarian Prize in 2012 to recognise individuals in British public life that go against the grain and demonstrate independence, courage and sacrifice. He is a House music DJ and has played at venues around the world. He was resident DJ at ‘Decks and the City’, a monthly night in Shoreditch for City professionals with a secret passion for playing dance music which he established.
Ali was first elected as a councillor at the age of 23 and stood for Parliament in both the 2001 and 2005 general elections. He also served as a board member of both the Conservative Party’s Policy Commissions on Quality of Life and International and National Security (2005-2007).
By day, he is a director at a leading financial institution and finances major infrastructure assets across Europe having initially qualified as a chartered accountant. Ali serves on the board of the London Institute of Banking and Finance and was a member of the Strategic Advisory Board of Cass Business School, a trustee of the Campaign to Protect Rural England, a director of the UK Board of the Abraham Fund Initiatives, and an ambassador for the charity War Child. He is a liveryman of the Worshipful Company of International Bankers and a freeman of the City of London.
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