Osborne’s surplus rule and citizen economics

There is much that is troubling about George Osborne’s proposal to oblige future governments to run a budget surplus in normal times. There is the small matter of identifying “normal” times. It implies something important about how one is thinking about the macreconomy. What does “normal” look like? […]

lucas honourable

Parliament and the fight for change

Earlier this week Caroline Lucas visited Bristol to speak at the Festival of Ideas on the key themes of her recent book Honourable Friends? Parliament and the fight for change. As well as being a hugely impressive Parliamentarian, Lucas is an extremely engaging speaker. The response from the […]

Social liberalism and the Liberal Democrats

Last week a tweet by the estimable Stephen Tall crossed my timeline. The tweet pointed to his blogpost The Economist is right. Liberalism is winning. Which could be bad news for the Lib Dems in 2020. That immediately piqued my interest. After all, it is axiomatic, as all […]

AndyB

Labour listless

I was following the live tweets coming from Saturday’s debate among the Labour leadership contenders. I could sympathize. Many moons ago I was quizzed at a couple of public events by Simon Fanshawe, the chair of Saturday’s event. He’s not backward in coming forward with the difficult question that gets […]

Wise words

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“a person is not likely to be a good political economist who is nothing else”
(JS Mill, 1806-1873)

“The only function of economic forecasting is to make astrology look respectable”
(JK Galbraith, 1908-2006)

“Poverty is a great enemy to human happiness; it certainly destroys liberty, and it makes some virtues impracticable, and others extremely difficult”
(Samuel Johnson, 1709-94)