mainly macro
Comment on macroeconomic issues
Tuesday, 10 March 2026
Idiot Wind
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What Trump’s war against Iran tells us about the US government, the UK political right and the mainstream media in both countries What...
Sunday, 1 March 2026
Why Gorton and Denton is still a good result for Reform
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It was a great result for the Greens, and a terrible result for Labour. Although Reform didn’t win the Gorton and Denton by-election, by c...
Tuesday, 24 February 2026
Budgets are about much more than fiscal sustainability
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Ben Zaranko of the IFS has just published a paper on fiscal rule s. It is well researched and well written, but I disagree with its conclu...
Tuesday, 17 February 2026
How Labour makes fighting right wing populism harder
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I must confess that this post will be very similar to one I wrote a fortnight ago. The big difference is that this is about this Labour g...
Tuesday, 10 February 2026
Fiscal watchdogs, pluralist democracy, technocracy and evidence based policy
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When I write about fiscal watchdogs like the OBR in the UK, I generally get some comments along the lines that these watchdogs produce tec...
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