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Welcome to The Spectator podcast. I'm Isabel Hardman. On the morning of the 24th of June,

Britain woke to find its stock market shattered and its pound pummeled. It appeared for a

brief moment, like all the prophecies of the Brexit doomsayers,

not least the great Seer Osborne, had come true.

But then, from the wreckage of that midsummer morning, green shoots began to appear,

and now, more than two months down the line, it seems that Britain has bounced back.

In his cover piece this week, Ross Clark argues that the Remain campaign

fell victim to the perils of believing their opinion to be objective fact, and that economic

recovery has humiliated the Treasury, Bank of England, and the other grand institutions who

swore that Brexit would leave us poorer. So is he right? Or is it too early to truly evaluate Britain's new place

in the world? Well, I'm joined now by Ross Clark and Tolston Bell, director of the Resolution

Foundation. So Ross, you're very upbeat in your piece in this week's magazine, but isn't it's just

a little bit too early to be this cheerful? Well, there are lots of things that could go wrong.

We haven't actually left the EU yet, of course.

There could be a trade war, but my money would not be on a trade war

because it would hurt the rest of the EU as much as it would do us.

But, I mean, what really sort of gets me is the way that before the referendum, it was not presented as an opinion of the Remain campaign that the economy would tank.

It was presented as fact. It was presented to say, you know, so many economists believe that things were turned down that they cannot be wrong this is absolute

objective truth and Nicola Horlick on Monday morning on the today program was still trying to say

you know all these economists can't possibly be wrong in spite of the obvious and growing evidence

that they have been wrong and that there was initially the markets fell sharply, the pound fell,

...