[11] More recently, work by Minford and co-authors at Cardiff has focused on indirect inference methods and numerous applied studies of dynamic stochastic general equilibrium (DSGE) models.

These examine modern controversies including bank regulation, quantitative easing, and monetary policy more generally.

[17][18] Minford said in November 2015 that running simulations of leaving that EU that "the first thing that comes out is an 8% drop the cost of living on day one.

[23] A confirmed eurosceptic, he is a supporter of the Better Off Out campaign to leave the European Union because he believes that the net economic costs to Britain of its policies are substantial.

He argues that they are in most respects contrary to free market principles and that British citizens had no power to alter them.

[24] In 2016, Minford was a notable member of the Economists for Brexit group which supported the referendum campaign for the UK to leave the European Union.

[29] In 1988 he was appointed a board member of the Merseyside Development Corporation but resigned, saying it had a negative effect on job creation.