Politics

Some thoughts on the eve of the election

The three horsemen of 'change'
As anyone who follows me will be acutely aware, I've been tweeting a lot about tomorrow's general election in the UK. But I'm not the only one: this election has certainly got people talking and broken a lot of ground in so many ways. I'm hardly qualified to make comparisons to the past, having only experienced a few elections in my years, but it seems there hasn't been this level of excitement or engagement with the political process for a very long time. All this considered, I thought it'd be a shame not to jot down some thoughts for prosperity right before what could be a rather historic day. Read more →
 

Too soon?

For a lazy political cartoon this sums up the article pretty nicely!
Open letters seem to be the standard method of communication nowadays — well, if you happen to be an economist anyway. Earlier this month, 20 of them wrote to the Sunday Times recommending that policies to reduce the UK’s burgeoning budget deficit be brought forward. Almost immediately, another open letter was sent to the Financial Times in response, this time signed by no fewer than 60, asserting this was entirely the wrong approach. This is a good example of the old “if you put two economists in a room, you get three opinions” adage, although this time we have 80 economists involved, and the stakes are somewhat higher... Read more →