Extremely sensible advice from @dsmitheconomics.bsky.social
"Economic policy is not supposed to be about scrabbling around for small savings in pursuit of a distant target viewed through the cloudiest of telescopes. There are bigger fish to fry."
www.thetimes.com/article/ef85...
The UK’s fiscal watchdog provides valuable oversight, but its flawed forecasts should not be driving policy amid economic volatility
Pleased to say my new book with Bloomsbury is now out.
Jonathan Portes
Christmas in Kolkata. As they will tell you, Bengalis love a festival!
Pleased to see my essay on "Deindustrialization as world history" in this excellent Handbook.
Here in Kolkata the book trade seems to be thriving.
FREE TO READ: Economic historian @jimtomlinson45.bsky.social subjects the influential right-wing policy paper "Foundations" to a thorough fisking, highlighting the analytical flaws and bad history behind its neo-Thatcherite prescriptions
renewal.org.uk/articles/bui...
With Farage enthusing about Elon Musk's activities, can we assume that Reform will embrace large public subsidies for electric vehicles, a key foundation of Musk's fortune?
From this morning's Guardian. Beavers building infrastructure is a new move? A re-imagining of growth and animal spirits?
A striking testimony to the mutability of economic arguments. For decades the British trade deficit was used as evidence of British economic weakness. Now Starmer uses our deficit with the USA to argue we should be exempt from tariffs...
A striking representation of the three kings in the CSMVS museum in Mumbai. Happy Christmas from India.
