mainly macro

Jo has a thoughtful and constructive response to my post discussing a recent Bank of England paper that presents a new Stock-Flow Consis...

I have always felt that the British were slightly obsessed by anniversaries, particularly if it involves anything to do with the two world ...

In the last year we will have seen three occasions where large numbers of people voted in ways that seem to fly in the face of expert advic...

Chris Dillow’s post today is so concise, comprehensive and in my view largely correct that I cannot help responding to it. The case ...

John Harris has an excellent article in the Guardian, listing the number of politicians in the UK and EU who have retired to lucrative job...

The Financial Times let’s him write an op-ed which extols the benefits of a quick and hard Brexit. The reason they published it is presuma...

What I call the ‘consensus assignment’ in modern macroeconomics is that monetary policy keeps output stable at a level that leaves inflati...