mainly macro
Comment on macroeconomic issues
Tuesday, 18 August 2026
Signs of recovery in comparative UK economic growth
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I haven’t talked about recent UK macroeconomic data for some time, mainly because there hasn’t been any new story to tell. To recap, growt...
Tuesday, 11 August 2026
Unpicking the legacy of neoliberalism
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Neoliberalism as an overarching ideology for UK government died with the Brexit referendum in 2016, just as it did in the US with Trump’s ...
Tuesday, 4 August 2026
Long term fiscal projections are a good antidote to politicians talking about tax cuts
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Every July the OBR publishes fiscal projections looking fifty years ahead. Each year the headline is the same. The public finances are on...
Tuesday, 28 July 2026
The relationship between capital, plutocracy and populism
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In a recent post, where I discussed the Conservative party’s newfound opposition to net zero, I noted that one attraction that switch had ...
Tuesday, 21 July 2026
The political barriers to radical tax reform
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Want more public services, help with the cost of living, a simplified tax system and a reduction in the public sector deficit? It sounds l...
Tuesday, 14 July 2026
How Right Wing Populism came easily to the Conservative Party
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All the evidence points to the alarming extent of man made climate change. This isn’t just evidence available to scientists, but the every...
Tuesday, 7 July 2026
The UK’s falling debt to GDP fiscal rule is a rule to suppress public investment
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Let me start by apologising to any regular readers of this blog. None of the arguments in this post are particularly new. But with a new P...
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