Monday, 26 October 2020

Starve a kid to save a quid [1]

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  One of the myths perpetuated by mediamacro is that management of the public finances is all about controlling our debt by keeping deficits...
Monday, 19 October 2020

Why do some find the economics/health trade-off so hard to get? Because it’s like the Phillips curve.

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The distinction between the short run and long run traditional Phillips curve (not the New Keynesian variety) is so ingrained in economists...
Monday, 12 October 2020

The anti-lockdown crusade gains oxygen from this government's ineptitude

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  If anyone still doubts that Brexit was our Trump moment , look at some of the same characters (Tory MPs, newspapers, even voters ) who sup...
Tuesday, 6 October 2020

Are there turning points in recent UK history?

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This post follows on from my post two weeks ago, where I argued that there was a degree of inevitability that led us to governments led by ...
Monday, 28 September 2020

Sunak and most Tory MPs do not understand the economics/health trade-off, and many people will die as a result

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  It is well known and generally accepted that despite warnings from China, Italy and elsewhere, the UK government were late in imposing a l...
Tuesday, 22 September 2020

Why neoliberalism can end in autocratic, populist and incompetent plutocracy

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  Is it a coincidence that the two countries that first championed neoliberalism (under Thatcher and Reagan), should end up with autocratic,...
Monday, 14 September 2020

Whether its COVID or Brexit, this government is continuing to fail terribly at everything it does. Will Conservative MPs do anything about it?

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Testing failure So for many visits to grandparents are off. No one should dispute that the government needed to do something after a sharp ...