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Neoliberalism and social justice. My talk and Q&A at the LSE: youtube.com/watch?v=0HJGsooc…
Nick Cowen retweeted
Looking into the Renewable Transport Fuels Obligation and we appear to be importing used cooking oil from Taliban run Afghanistan to make biodiesel.
Nick Cowen retweeted
Havana, 1900: 310 dead of yellow fever. 1901: just 18.
By 1962 more than twenty countries had wiped out the mosquito that carries it. Then they stopped.
I built an interactive atlas of the whole story, a companion to the new @WorksInProgMag: mosquitoes.tommylong.com
Nick Cowen retweeted
This DW clip is actually a pretty good summary of the french socioeconomic situation, i am impressed. Much better than some other content put out by german public broadcasting.
If it always was like this we would have way less problems with slopulism.
Nick Cowen retweeted
This is an important new post from @pdmsero.
There is a proposal going around, with support from voices as diverse as Richard Tice, IPPR and New Economics Foundation, that the Government could raise £billions by eliminating (or at least taxing) interest that banks receive on reserves held with the Bank of England.
But this is misguided, and will damage the Bank of England's ability to control inflation.
Why? Because the Bank of England depends on these interest payments to control the rate at which banks lend, and therefore the amount of money in the economy, and the price of goods.
The key graph is this one: a levy on reserves reduces market interest rates, and therefore the amount of borrowing. The bank rate would no longer effectively control market rates to manage inflation.
If you want to tax banks, there are better ways of doing it. But going after reserves would reduce state capacity, and our ability to act.
Nick Cowen retweeted
I am the king of supplementation – or used to be. I've given it up, every last supplement. Here is my story why.
worksinprogress.co/issue/aga…
I wager that few people have supplemented more enthusiastically than me, or have subscribed to so many fad or esoteric diets.
I have munched thumb-sized multivitamins. I have eaten ice cream and orange juice before bed to boost my overnight metabolism. I have chowed down on offal of all kinds – nature's multivitamin – for my skin, hair, and even my sleep. I have even consumed individual amino acids, for example glycine, a slightly sweet protein component prominent in skin and bone but not muscle meat, which people online claim improves their sleep.
I have done it all. But I am here to tell you: you need not. In fact, my long-time rival @StuartJRitchie, who has always told me that supplementation is foolish, pointless, madeup, and fake, was more right than wrong when he claimed, again and again, that 'you just piss it oot'.
I have put away my heavily researched list of the ideal supplements, I have given up looking. Why? Because 90% of 'studies' are BS, and you should simply ignore them. They are so often wrong that entire bodies of research often find the opposite of truth – as proven by later evidence.
Read my first column in @WorksInProgMag: worksinprogress.co/issue/aga…
Nick Cowen retweeted
You pay for this.
South East Water has imposed a hosepipe ban on their customers since July. There is now a “severe drought”.
Yes, since July.
Recently, they’ve expanded their ban to vulnerable customers.
This includes the elderly and the disabled.
Unbelievably, less than SIX (6) miles away, a reservoir sits. It’s full.
South East Water can’t use it.
They tried to connect the two last year.
But the plans were shelved when conditions improved.
They kicked the can further down the road.
And of course, you pay for this.
South East Water is increasing their bills by 7%.
You would think that by paying your water bill, you would get water.
Not in the UK you don’t. We have left our infrastructure to rot.
We have not built a single reservoir since the 1990s.
The Government must approve emergency new reservoirs.
What do you think?
If we had fiscal federalism, they would be doing this already.
Nick Cowen retweeted
I always thought that the ancient Romans were tolerant about sexuality, until the rise of puritanical Christianity. Reading Kyle Harper, I learnt that this picture is not exactly false, but it is extraordinarily misleading:
worksinprogress.co/issue/wer…
- Sexual penetration of a free Roman man was severely punished, possibly by death. Consenting to penetration was also seriously punished. Lesbianism was not criminalised, but was regarded with contempt.
- The one great subject of permissiveness was the penetration of enslaved people. Although relatively few people owned slaves, many prostitutes were enslaved and prostitution was ubiquitous, so coerced sex was widespread.
- In some parts of the empire, many married women probably seem to have worn face veils in public.
- There was not even theoretically a norm of male fidelity: although wives were required to be faithful to their husbands, the inverse was not even aspirationally true.
- Early Christianity wrought a kind of revolution on ancient morality. All forms of sexuality apart from procreative sex within monogamous marriage were relentlessly and violently condemned, and even marital sex was allowed only rather grudgingly. In effect, the Christians extended to men the restrictions that had previously applied only to women.
- To a limited extent, they also extended the protections previously enjoyed by free men to other groups of people. Although the early Christian record on slavery is mostly very poor, they did introduce the first laws against the forcible prostitution of slaves. Transgressors were to be arrested and sent to the public mines, ‘which is’, the law ran, ‘less of a punishment than that of a woman who is seized by a pimp and compelled to endure the filth of an intercourse that she did not will’.
It is not clear how much behaviour actually changed in practice – the Christians were never able to get people to behave exactly as they wanted. But the change in official norms was revolutionary, and not quite the revolution I expected.
Nick Cowen retweeted
Today is the official release date for my new book, First Among Equals: Visions of Equality before Egalitarianism (Belknap, 2026).
It explores how and why “equality” became, rather suddenly, a basis on which ordinary men and women could make political demands in early modern England.
hup.harvard.edu/books/978067…
Nick Cowen retweeted
Property Tribunal judgment
Tenant challenges £50 rent increase for rent at £1,650 per month. Judgment decides that market rent is £1450.
assets.publishing.service.go…
Nick Cowen retweeted
Was just thinking that it’s incredibly rare for modern Britain to take the sensible long term view and retain this, then looked it up, and oh what’s that, we ended the lease on a chunk of the embassy land in 2015, and then sold another chunk of embassy land in 2022.
Nick Cowen retweeted
The opposite is true: Macron identified France’s structural problems years ago.
He proposed pension reforms in 2019 and 2023. Both faced massive protests. The 2023 reform was later suspended.
Now those who blocked reforms are back on the streets, protesting the consequences.
Macron will go down in history as one of France’s worst presidents. He has pushed a once-great nation to the brink of economic, demographic, and social ruin.
Had he spent his nine years in power focusing less on “Palestine” and more on Putin and the putains de salauds threatening France from within, his country would be far better off.
Nick Cowen retweeted
Billions of pounds lost on a single project because we can’t connect it to the grid for half a decade and have destroyed our capacity to generate reliable electricity.
Exclusive: Microsoft cancels UK data centre deal with Nscale. Comes just as Nscale hopes to pull off a $35 billion IPO telegraph.co.uk/business/202…
Nick Cowen retweeted
Reoffending ‘off the charts’ as 650 more prisoners get early release
channel4.com/news/reoffendin…
Nick Cowen retweeted
China has become the most important manufacturing economy in the world because it is a continent-sized Silicon Valley.
worksinprogress.co/issue/chi…
Every Chinese city govt acts as a VC firm trying to create clusters in its region, because it has both the means and incentive to do so.
Local govts generate their revenues, nearly all of which they keep, from selling leases on land and from stakes they have taken in local companies, which together allow them to capture economic spillovers.
Chinese officials have their entire careers graded and determined by how much growth they have been able to create in the areas they run. Career progression is determined according to a great tournament that pits official against official and gives promotions to whoever has grown their region the most. If they don’t reach a certain stage by a certain age they are blocked from promotion forever.
This is why so many economic clusters have centred on Chinese cities, for high- and low-tech products alike. Shaodong makes 70% of the entire world's cigarette lighters; Danyang makes half of the world's spectacle lenses; Zheng'an makes 1/7 of the world's guitars; Datang a third of its socks.
Whereas many of the West’s most important city governments capture only a small amount of the spillovers from successful clusters, and thus have very little reason to foster them, in China, they get a huge amount of the upside and can re-invest it in further growth. This also gives them a great incentive to solve problems for companies, like when Shanghai's govt got Tesla's factory there built even faster than Elon himself had expected (and twice as fast as his Fremont, CA factory).
But this is not some exotic 'oriental' innovation – this is how America used to do things when it grew fastest, in the 1950s, 1960s, and early 1970s. Catching up with China on advanced manufacturing does not require a wise and strategic approach, let alone authoritarianism or the end of democracy. It may just mean fixing city government.
This is why I care so much about local in Britain and America: if we give our own local governments the same incentives and means to grow, the crazily dysfunctional entities we have become used to may be transformed into corporation-like bodies that are ruthlessly focused on making their cities rich, safe and prosperous.
Read more in Works in Progress worksinprogress.co/issue/chi…



































