Few would recognise Tony Barber’s representation of full EU integration as a “neuralgic British fantasy” (“Does the UK want the EU to emerge stronger from the virus crisis?”, FT.com, April 14). Given the inherent fragility of separate fiscal and monetary decision-making, full integration has always been on the horizon. That the UK should leave the EU before the collapse of that unsustainable structure was high up among the thinking economist’s motivations for Brexit.
G R Steele
Emeritus Reader of Economics,
Lancaster University Management School, UK
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