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 because they are in most respects contrary to free market principles; furthermore he argues that British citizens, used to centuries of self-government, have no power to alter them. 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. He believes that Brexit could increase GDP by 6.8%, and could reduce prices for British consumers.