mainly macro
Comment on macroeconomic issues
Tuesday, 30 April 2024
High on their own supply
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There was a point on the BBC’s Question Time last week where the Minister for Policing Chris Philip, who was until recently an immigration...
Tuesday, 23 April 2024
The Bernanke Review of Bank of England Forecasting
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My guess is that the world is divided into two groups of people: those who are really interested in the process by which central banks dec...
Tuesday, 16 April 2024
Could governments finance deficits by creating money?
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MMTers often say that financing government spending less taxes by issuing government debt is a policy choice, because they could instead ...
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Tuesday, 9 April 2024
The Anatomy and Reasons for UK relative Economic and Political decline over the last decade and a half
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Nothing works anymore, the country is in a mess, worker’s living standards have remained stagnant, public services are at breaking point. ...
Tuesday, 2 April 2024
Why Quantitative Easing is currently so costly
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Unwinding Quantitative Easing (QE) is currently costing the public a great deal of money. Nearly £50 billion (almost 2% of UK GDP) has bee...
Tuesday, 26 March 2024
Why raising taxes substantially is critical for the next Labour government to be sure of achieving its missions
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My series of posts on detoxifying government debt was all about why Labour should not be afraid to increase public investment substantial...
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