mainly macro
Comment on macroeconomic issues
Tuesday, 20 January 2026
Greenland
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There is no doubt that Trump wants to be able to say that he and the United States ‘owns’ Greenland. This has nothing to do with US strat...
Tuesday, 13 January 2026
A Post Neoliberal Consensus
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. Dani Rodrik recently wrote an article entitled “The Post-Neoliberal Consensus is here”. He argues that it comprises th...
Tuesday, 6 January 2026
What kind of crisis would a bursting AI bubble become?
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In this post I’m not going to speculate about whether the current boom in AI infrastructure (mainly data centres, mainly in the US) is a b...
Tuesday, 16 December 2025
Understanding the rise of the populist far right
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This is a follow-up to last week’s post. Occasionally I receive comments on social media that point me to academic analysis that I wasn’t ...
Tuesday, 9 December 2025
Labour, a supply side explanation for the rise of populism, and the growing acceptability of xenophobic discourse in the UK
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I never cease to be amazed at how bad Labour politicians are at politics. It may seem arrogant for an economist to say that, but it’s not ...
Tuesday, 2 December 2025
The Budget suggests the Chancellor is thinking too much about short term management and too little about long term legacy
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My posts come out on a Tuesday and Budgets are on a Wednesday. Not great timing, which is why in the past I’ve often done special posts on...
Tuesday, 25 November 2025
Expertise, Government, the Media and Covid
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It is now generally (although not universally) accepted that those of us who campaigned vigorously against the government’s auster...
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