mainly macro
Comment on macroeconomic issues
Monday, 3 October 2022
The Budget has left the UK economy with no good options, so why did this government make such an expensive mistake?
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Did the dreadful budget of 24th September create a crisis? It all depends on how you define a crisis, of course, but some of the commenta...
Saturday, 24 September 2022
A budget that harms everyone except the very rich
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Before getting distracted by the spin put on Friday’s budget, it is important to be clear what the motivation for it is. It’s not a budget...
Tuesday, 20 September 2022
Going for growth?
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In my last post , I missed out one potential benefit from the switch in emphasis from the deficit to growth under Truss and Kwarteng. Duri...
Tuesday, 13 September 2022
How to judge fiscal policy in the time of Truss
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As expected , Truss has announced a freeze in energy prices. That means that inflation will not be as high as some recent forecasts, the c...
Tuesday, 6 September 2022
The Cost of Living Crisis, its macroeconomic implications and Truss economics
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Support for energy users When I wrote about higher energy prices back in March, I argued for what would become two months later the UK...
Tuesday, 30 August 2022
How populists use broadcasting impartiality to create bias and obscure knowledge
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Some of the criticisms I have seen of the MacTaggart Lecture given in Edinburgh by Emily Maitlis miss the whole point of the lecture . As ...
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