Where’s the rest?

I spotted this lovely Twitter post from David Lammy MP in reply to Prime Minister Johnson: You promised the NHS £350 million extra per week. £1.8 billion will only cover about 5 weeks. Where’s the rest? Where indeed? More especially as spending commitments seem to have been coming thick and fast……. Read more

‘I am’ Greta Thunberg

Christopher Caldwell has an Opinion piece in the New York Times called The Problem With Greta Thunberg’s Climate Activism. The problem with Christopher Caldwell’s opinion – “Kids her age have not seen much of life. Her worldview might be unrealistic, her priorities out of balance.” – is that the more knowledgeable parts of the human race… Read more

Understanding monetary ‘plumbing’ and where it gets us

There is an interesting podcast from the American site Macro’n Cheese with the Scottish Professor Mark Blyth, who, though he long ago emigrated and has become Eastman Professor of Political Economy at Brown University in the US, he has certainly managed to hang to most of his Dundonian dialect! I have to say I usually… Read more

Five a day is a marketing fiction

As I’m sure more assiduous readers will be aware, I’ve already pointed out that ‘five a day’ is a marketing fiction. Building on this, there is a half hour podcast from the ever interesting nutritionist, Zoe Harcombe, which is from November last and which I have only just discovered. It seems to me it is… Read more

Freeports are Brexitwash

Lizz Truss, in her inordinate wisdom, has announced some freeports which are going to be so marvellous in boosting our Brexit success. They are, as Barry Gardiner has already suggested, just a way of moving around employment. But did we know that the EU already permits them? There is a list here of all the… Read more

Is No Deal is vastly Under Priced and will the Johnson Government Ditch the Backstop?

Introduction The Johnson premiership has begun. The tortuously negotiated Withdrawal Agreement (WA) is hated by the new government. There are contradictory signals, and it is unsure what changes could be made to make the WA acceptable to HMG. We seem to have moved from a time limit on the Backstop to no Backstop. Even if… Read more

The cult comes first

Amid news that the pound has sunk to a 28 month low on no deal Brexit fears, I thought I should revisit an oldish report from the Institute for Policy Research, which pointed out that: The decoupling between wages and growth coincides precisely with the UK’s trade (and current account) deficit. The UK’s debts to… Read more