, Columnist
Do the Experts Know Anything?
With Brexit, faith in supposed specialists suffers another blow.
They certainly got this one wrong.
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
This has been a terrible day for experts.
Economic professionals were overwhelmingly of the opinion that leaving the European Union would hurt the United Kingdom. And until a few hours ago, the consensus of public opinion experts -- at least if one uses prediction markets as a proxy -- was that voters would in the end decide to stay in the EU.