mainly macro
Comment on macroeconomic issues
Monday, 9 November 2020
COVID, the US election and media balance
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I want to start with my last post . It contrasted a minority of countries that were good, were not too bad and the majority that were terr...
Monday, 2 November 2020
How governments in the West failed to learn
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You would think, after so many countries were taken by surprise by a pandemic caused by a new virus in the Spring of this year, these coun...
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...
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