Absurd to Say U.K. Can't Thrive Outside E.U.

This is one of the most important decisions Britain will make for generations. It needs to be anchored in a balanced analysis of the likely effects on the British economy of remaining in the European Union.

Official bodies such as the Treasury and the International Monetary Fund have made a series of exaggerated warnings about the effects of leaving, based on improbably precise forecasts that ignore what is actually happening inside the EU itself.