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important, since all arguments of which I am aware expect the economic integration associated with EU membership to stimulate growth through the domestic economic factors that are included in the statistical model. That is, the effect of membership on growth should be indirect, which is consistent with their findings. Finally, this chapter addresses only a fraction of the prominent forecasts regarding Brexit and ignores several of the most salient from the Leave campaign—for example, that leaving the EU would shore up NHS funding with Brexit savings. In sum, Brexit is a timely and fascinating description and analysis of the 2016 UK referendum on EU membership. The analysis provides both a compelling explanation for what has happened and a framework for understanding future acts in this ongoing drama.Moreover, the argument advanced should prove helpful for understanding the politics surrounding current populist antagonism to the EU in other countries.