Free exchange | For the record

The Economist was cautious about Britain joining the euro

The Economist was cautious about Britain joining the euro

By C.W. | LONDON

I WAS asked yesterday in a radio interview about the Treasury's report, published on Monday, which predicted a sharp recession if Britain votes to leave the EU. My opponent in that debate dismissed my view on the grounds that The Economist had advocated Britain joining the euro back in the late 1990s and early 2000s. Of course this sort of argument is a red herring (if you're wrong about one thing does it definitely mean that you're wrong about something else?), but it's worth pointing out for the record that we were sceptical about the prospect of Britain joining.

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