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Economy

https://feeds.feedburner.com/MainlyMacro - Economy

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https://feeds.feedburner.com/MainlyMacro

20.11.2024

mainly macro: Freedom of Speech and Media Regulation

In two recent blog posts I returned to the issue of lack of media regulation, and the way lack of regulation is helping right wing popul...

https://feeds.feedburner.com/MainlyMacro

13.11.2024

mainly macro: How could they vote for him?

By now you will have probably read thousands of words about Trump’s sweeping election victory, so what can I hope to add? The biggest puz...

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07.11.2024

mainly macro: The Markets, the Budget, the Media and electing a Fascist

Our readers are too stupid to understand financial arbitrage and very basic macroeconomics, so we will pretend financial markets are like ...

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01.11.2024

mainly macro: A budget that points the way but doesn’t get us very far

Did Rachel Reeves set Labour on a path to ending austerity, and making up for the lack of public investment over the last fourteen years? ...

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23.10.2024

mainly macro: October Budget 7: Soaking the rich?

This, my final post on the forthcoming budget, is designed to provide a guide to how to read what Reeves announces (or doesn’t announce) i...

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17.10.2024

mainly macro: October Budget 6: Thanks to Truss, bond market scare stories are back

In truth they never went away, but after Truss there is a danger that they will be taken more seriously. The FT recently published a clas...

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09.10.2024

mainly macro: Why are the Conservatives ignoring the median voter?

If the candidates for the Tory leadership sound much like ministers in the last year of the Conservative government, it’s because the leader...

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02.10.2024

mainly macro: October Budget 5. The UK’s Fiscal rules: one good and one bad

On 30th October Rachel Reeves will be setting out her first budget, rather than responding to someone else’s decisions. She will be leadin...

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25.09.2024

mainly macro: Why improving health is an excellent investment in the economy

Last week the IPPR’s Commission on Health and Prosperity published its final report . The report not only makes a number of important reco...

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18.09.2024

mainly macro: October Budget 4 - Good and bad reasons to have fiscal rules, and why bad fiscal rules are worse than having no fiscal rules

I was going to write a post about current UK fiscal rules, but judging by comments I get I think I first need to set out why fiscal rules ...

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11.09.2024

mainly macro: October Budget 3: In presenting a macroeconomic fiscal stance, Rachel Reeves and Labour need to talk about improving public services rather than book balancing

Most of this series will be about the economics behind the budget. So far we have had why tax increases rather than economic growth is h...

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04.09.2024

mainly macro: October Budget 2: How much do UK taxes need to rise to end public spending austerity?

Austerity is a term used in many different ways, but this post will involve numbers, so I need to be precise about what I mean by ending a...

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28.08.2024

mainly macro: Transforming the politics of immigration

Much public discussion about immigration, including much of the print and broadcast media, negates rather than promotes understanding. The...

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21.08.2024

mainly macro: October Budget 1: can economic growth end austerity?

The October Budget will tell us a great deal about how Rachel Reeves will act as Chancellor during this Labour government. As a result, be...

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14.08.2024

mainly macro: Racist riots and the Conservative party

There is no doubt that the actions of the most senior members of the Conservative party have encouraged the riots by right wing racist thu...

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07.08.2024

mainly macro: If Labour is serious about defeating right wing populism, it needs to reform large parts of the media

The new Labour government aims to counter the “snake oil charm of populism”. Right wing populism suggests that minorities or outsiders re...

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31.07.2024

mainly macro: Was yesterday’s announcement austerity redux?

Rachel Reeves yesterday wanted to establish in the public mind the extent of the fiscal mess that the last government had left behind. She...

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24.07.2024

mainly macro: More power to the OBR?

The new bill to ensure that a UK government obtains the OBR’s analysis for any fiscal event is largely symbolic, because the reaction to t...

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17.07.2024

mainly macro: Two myths about the future of the Conservative party

In my last post I berated those in the media who hyped the threat of right wing populism represented by the votes won by Farage’s Reform ...

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09.07.2024

mainly macro: What the Conservative rout tells us about the popularity of a right wing populist government

It is jarring to see many journalists on election night fret about the Reform vote and talk about the rise of right wing populism when the...

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02.07.2024

mainly macro: Why tactical voting in this election could change the nature of the UK’s political debate

If Labour are bound to win this week, is there any point to tactical voting? Some on the left have suggested voting for a more progressiv...

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28.06.2024

mainly macro: UK Election Special: The Conservatives could lose almost every seat to efficient tactical voting

Of course MRP polls could be wrong. However while looking at many of these polls (using this very useful site from Peter Inglesby ), the...

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26.06.2024

mainly macro: Why UK taxes should be higher

Discussion of taxation in the UK is bedevilled by two problems: one familiar and one less obvious. The familiar one is to imagine the leve...

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19.06.2024

mainly macro: Why is this election a disaster for the Conservatives?

The title of this post might seem like a daft question, because it has so many plausible answers. As a result, endless articles have been ...

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12.06.2024

mainly macro: The macroeconomic cost of Conservative government

During this election period there has been plenty of analysis that looks at how the economy has performed since 2010 ( the IFS here for exa...

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05.06.2024

mainly macro: Should voting in this election be about punishing the Conservatives, signalling to a future Labour government or something else?

I didn’t write about the election last week because I didn’t think there was anything of interest to say that I haven’t already said. At t...

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29.05.2024

mainly macro: Inside a Macroeconomic Policy Blunder

Already bored with the election? Here is a bit of economic history instead. To many readers of this blog, 1979-83 will seem like ancie...

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22.05.2024

mainly macro: Why Quantitative Easing is qualitatively important but quantitatively not so important

I have written a couple of posts recently where Quantitative Easing (QE) has played an important role. Here , for example, is a post about...

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15.05.2024

mainly macro: The political right is in an illiberal trap of its own making, which offers their opponents opportunities

A new CPS report 'Taking Back Control’ , co-written by the relatively sensible and numerate among Conservative MPs Neil O’Brien, proposes ...

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09.05.2024

mainly macro: When are large and persistent increases in debt to GDP justified?

In this post I showed a chart of UK government debt to GDP since 1900. It starts off at below 50%, then rises sharply to 200% during WWI....

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01.05.2024

mainly macro: High on their own supply

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...

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24.04.2024

mainly macro: The Bernanke Review of Bank of England Forecasting

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...

https://feeds.feedburner.com/MainlyMacro

17.04.2024

mainly macro: Could governments finance deficits by creating money?

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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10.04.2024

mainly macro: The Anatomy and Reasons for UK relative Economic and Political decline over the last decade and a half

Nothing works anymore, the country is in a mess, worker’s living standards have remained stagnant, public services are at breaking point. ...

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03.04.2024

mainly macro: Why Quantitative Easing is currently so costly

Unwinding Quantitative Easing (QE) is currently costing the public a great deal of money. Nearly £50 billion (almost 2% of UK GDP) has bee...

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27.03.2024

mainly macro: Why raising taxes substantially is critical for the next Labour government to be sure of achieving its missions

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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20.03.2024

mainly macro: Detoxifying government debt, part 4. Labour’s inheritance

The Labour party has for a long time been fearful about high government borrowing to fund additional public investment. It didn’t start wi...

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13.03.2024

mainly macro: On maxing out credit cards and magic money trees

“When you repeat a lie, you spread it. When you spread a lie, you strengthen it. When you strengthen a lie, you become an accomplice t...

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08.03.2024

mainly macro: How 14 years have shown the impossibility of shrinking the UK state

The Budget was predictable, and predictably boring. Hunt cut taxes, but the tax burden is still rising because of the tax increases alread...

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06.03.2024

mainly macro: Rishi Sunak doesn’t want to talk about Islamophobia because he wants to use it

This week I was going to post the final part of my ‘detoxifying government debt’ series, but Sunak’s statement from No.10 last week means ...

home›https://feeds.feedburner.com/MainlyMacro›Economy

https://feeds.feedburner.com/MainlyMacro - Economy

mainly macro: Freedom of Speech and Media Regulation

mainly macro: How could they vote for him?

mainly macro: The Markets, the Budget, the Media and electing a Fascist

mainly macro: A budget that points the way but doesn’t get us very far

mainly macro: October Budget 7: Soaking the rich?

mainly macro: October Budget 6: Thanks to Truss, bond market scare stories are back

mainly macro: Why are the Conservatives ignoring the median voter?

mainly macro: October Budget 5. The UK’s Fiscal rules: one good and one bad

mainly macro: Why improving health is an excellent investment in the economy

mainly macro: October Budget 4 - Good and bad reasons to have fiscal rules, and why bad fiscal rules are worse than having no fiscal rules

mainly macro: October Budget 3: In presenting a macroeconomic fiscal stance, Rachel Reeves and Labour need to talk about improving public services rather than book balancing

mainly macro: October Budget 2: How much do UK taxes need to rise to end public spending austerity?

mainly macro: Transforming the politics of immigration

mainly macro: October Budget 1: can economic growth end austerity?

mainly macro: Racist riots and the Conservative party

mainly macro: If Labour is serious about defeating right wing populism, it needs to reform large parts of the media

mainly macro: Was yesterday’s announcement austerity redux?

mainly macro: More power to the OBR?

mainly macro: Two myths about the future of the Conservative party

mainly macro: What the Conservative rout tells us about the popularity of a right wing populist government

mainly macro: Why tactical voting in this election could change the nature of the UK’s political debate

mainly macro: UK Election Special: The Conservatives could lose almost every seat to efficient tactical voting

mainly macro: Why UK taxes should be higher

mainly macro: Why is this election a disaster for the Conservatives?

mainly macro: The macroeconomic cost of Conservative government

mainly macro: Should voting in this election be about punishing the Conservatives, signalling to a future Labour government or something else?

mainly macro: Inside a Macroeconomic Policy Blunder

mainly macro: Why Quantitative Easing is qualitatively important but quantitatively not so important

mainly macro: The political right is in an illiberal trap of its own making, which offers their opponents opportunities

mainly macro: When are large and persistent increases in debt to GDP justified?

mainly macro: High on their own supply

mainly macro: The Bernanke Review of Bank of England Forecasting

mainly macro: Could governments finance deficits by creating money?

mainly macro: The Anatomy and Reasons for UK relative Economic and Political decline over the last decade and a half

mainly macro: Why Quantitative Easing is currently so costly

mainly macro: Why raising taxes substantially is critical for the next Labour government to be sure of achieving its missions

mainly macro: Detoxifying government debt, part 4. Labour’s inheritance

mainly macro: On maxing out credit cards and magic money trees

mainly macro: How 14 years have shown the impossibility of shrinking the UK state

mainly macro: Rishi Sunak doesn’t want to talk about Islamophobia because he wants to use it

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Economy