I have just posted these tweets: They are a response to this Bank of England announcement: This policy is backed by the Treasury. It is
Read the full article…
What now for Trussonomics?
I posted this thread on Twitter this morning: The shape of Trussonomics is becoming clearer. Assuming she survives in office, which given how unpopular she
Read the full article…
Stephanie Kelton on tax and modern monetary theory
I would recommend anyone who reads here also subscribe to Stephanie Kelton’s blog on Substack. Stephanie wrote this on MMT ( modern monetary theory) and
Read the full article…
Who is more capable than Liz Truss to run the government?
Can Truss survive this?
The IMF issued this statement last night: Moody’s rating agency did, two hours later, threaten to downgrade the UK’s credit rating. The Bank of England
Read the full article…
Taking on the IEA on the Jeremy Vine Show
I did the Jeremy Vine Show on BBC Radio 2 today, although it was not Jeremy hosting. The social media reaction has been very strong
Read the full article…
Liz Truss has proved she can make unpopular decisions
I think we can all agree that Liz Truss has proved she can make unpopular decisions. Crashing the pound isn’t going down well with anyone,
Read the full article…
Kwarteng has created a mess. It will take many years to clear it up.
I have just posted this thread on Twitter: The Bank of England has a supposed duty to control inflation in the UK, being required to
Read the full article…
Email issues
More than 1,000 people subscribe to this blog using the email service that anyone can subscribe to for free using the box in the right-hand
Read the full article…

Buy me a coffee!
