No one cooks an omelette without cracking an egg. No one starts a blog on political economy thinking they will keep everyone happy. No one
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Markets look very vulnerable right now
According to the FT this morning: The blue-chip S&P 500 index will rise to more than 7,500 points by the end of 2026, a roughly
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Is spend and tax just the same as tax and spend?
An email correspondent said this to me recently: MMT puts the horse before the cart; but I suspect if you designed the harness well, horses
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Why is the government sacking doctors?
There are thousands of trained doctors in the UK right now — unemployed. Not because they’re unnecessary. Not because there’s no demand. But because the
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Wes Streeting’s exercise in thought control
The Guardian reports this morning that: The health secretary, Wes Streeting, has ordered a clinical review of the diagnosis of mental health conditions, according to reports.
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Cambridge, 28 February 2026
Our event in Cambridge on 28 February 2026 is now open for booking. The link is here. Thank you if you decide to attend. Bookings
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Economic questions: the Thomas Hobbes Question
This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have been,
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What coalitions might work?
There was a comment on this blog on plausible coalitions I might partake in last night. There have also been many comments here on people’s
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The Survival of the Shameless
I listened to the first of the BBC Reith lectures for this year last night. The lecture was given by Dutch historian Rutger Bergman. The
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