Business

Paul Krugman on ‘Brexit’ and Its Impact

nytimes.comThe day that Britons voted to leave the European Union — which was one of the biggest pieces of economic and political news in recent history — the Times opinion columnist Paul Krugman (who writes about economics and politics) left on a bike trip.

“There cannot be a global crisis this week. I am otherwise engaged,” Mr. Krugman told Twitter followers on Monday.

Financial markets plunged into turmoil, there were swift political consequences (notably for Britain’s prime minister, David Cameron, who announced he would resign), and worldwide expressions of shock and confusion followed fast in the aftermath of the British vote. And so Mr. Krugman agreed to phone in from the wilds of Canada to share his thoughts on “Brexit” and its impact.

Susan Lehman

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