This is the Internet. If you're not actively provoking preemptive outrage, then you aren't reading the room. I'm a poor reader!
London, UK
Joined February 2017
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A nice article by @DAaronovitch, a journalist I respect, on the latest row to engulf the BBC. It is also, I suspect, too nuanced to make an impact in a world where hyperbole is the easiest way to get noticed observer.co.uk/news/opinion-…
Peter Dixon retweeted
"The UK needs to do an awful lot more to get closer to the pre-Brexit arrangements."
Economist @EomicsUK on the Bank of England and the British economy
As England look forward to the Euro semi-final on Wednesday, it is worth noting that the national team has historically performed better under a Labour government (can't vouch for quality, though)
In many ways the UK general election won't be a good one to win given the economic inheritance. Tackling the productivity challenge & meeting competing fiscal needs requires exploring a range of previously unthinkable policy options. Some blog thoughts: eomics.blogspot.com/2024/05/…
Physicists and economists debate the meaning of Christmas eomics.blogspot.com/2023/12/…
This 👇 An accurate assessment of why we need quality journalism rather than more talking heads debate
Apologies, but this is going to be a lengthy thread on @BBCNewsnight #Newsnight. The truly terrible decision to axe 34 of its staff, cut it by 10 mins, cut its original reporting and investigations, and to change its format to 'studio-based debate' format. 1/22
As the interest rate debate continues to run, it is worth noting some of the academic discussion which calls into question the extent of interest rate pass-through and the long-run neutrality of interest rates. Some blog thoughts here: eomics.blogspot.com/2023/09/…
The FT has produced some very good content on the UK water industry lately. This is another excellent piece. ft.com/content/19caeb90-b5c9…
For anyone interested in graphics in R, this is an excellent resource
📣We've just launched a new guide for data visualisation
Covering the core principles & elements of #datavis - the structure of charts & tables and how they can be refined to aid readability.
Read it here ⬇️
rss.org.uk/news-publication/…
I know England are batting well this afternoon but they have done even better than I thought according to the Guardian
Peter Dixon retweeted
New post by me:
The UK is much poorer than it ought to be – the US is nearly 40% more productive than we are.
To get richer, we need to start thinking like a developing country and focus on getting the basics, like housing and energy, right.
sambowman.co/p/britain-is-a-…
Peter Dixon retweeted
OK, this @hmtreasury tweet needs a little context...🧵
Analysis from the @IMFNews has found that since 2010, Real GDP in the UK has grown faster than in comparable European nations such as France, Germany, Italy or Spain.
We are committed to continuing to grow the economy and provide economic opportunities for people across the UK.
ALT Text: Real GDP in the UK has grown faster than other European nations since 2010. X axis = years (2010 -2025) while the Y axis is GDP constant prices (2010 = 100). There are four lines on the chart. The lowest line in blue is Italy, the second lowest in green in Spain, the third lowest is France, the fourth lowest is Germany, the highest is the United Kingdom. Source: IMF, World Economic Outlook, April 2023
Fair play to Huw Pill.
BoE chief economist regrets telling Britons to accept they are poorer on.ft.com/3Bs057N
David makes a good point that strong growth in nominal pay is a consequence, not a cause, of high inflation in a world where real wages are falling.
My Sunday Times piece today: After more clumsy interventions, the Bank of England desperately needs the inflation and pay figures to start going its way soon:
The Bank of England’s in a mess and needs inflation to plunge
thetimes.co.uk/article/e54f7…
Peter Dixon retweeted
There is something truly alarming in reading a report like this about our own country, from a reputable publication in a friendly country: spiegel.de/international/eur…
