Leaving the EU single market and customs union cannot be compensated for by free trade agreements with other countries.
The leaked government Brexit report reinforces the academic consensus that the harder the Brexit, the worse it will be for the UK economy.
With the UK government in disarray, the type of Brexit that Britain faces is again open to question.
While security concerns have punctuated the campaign's closing days, Brexit remains the most important issue on voters' minds. How the EU exit is managed will matter a great deal to US interests.
People are unhappy with the current state of affairs – but this is happening despite globalisation, not because of it.
The one audience that was prepared for a hard Brexit, it seems, was the City of London.
London and Brussels should be constructive about Brexit – for both their financial benefit.
You might be familiar with Article 50, but Article 127 of another European treaty could be as important when it comes to Brexit.
Given that a hard Brexit currently looks to be the most likely outcome, the British people need to be given another say.
The emerging Brexicon is binary, but this is a deeply complicated situation.