What are ABC to do?

This is quite a long piece about politics, that I suspect no one will like. I have said before that I depart from my comfort zone of macroec...

Haldane on alternatives to QE, and what he missed out

Andrew Haldane, Chief Economist at the Bank of England, gave a typically well researched and thoughtful talk recently. The main subject matt...

Central Bank Independence and MMT

This is a follow up to my last post on Corbyn and central bank independence (CBI). No apologies for returning to this topic: not often do y...

Labour and Central Bank Independence

Sometimes Paul Krugman can be very annoying. On a number of occasions I have written a draft of a post, and while in the process of admiring...

Labour lost

As Corbyn’s win is all over the news, it is difficult to think about other issues. So while watching the result I read ‘ Can Labour Win ?’ b...

Letter wars, and how policy is made

This one is UK focused, although similar points may apply elsewhere First there was the letter in the Guardian written by economists provid...

Corbyn, QE and financial interests

Although this uses UK events as a spur, the point about QE is universal Labour leadership candidate Jeremy Corbyn has shown some flexibility...

Economic credibility

The UK’s Labour leadership election has become a two horse race: Jeremy Corbyn on the left, versus ABC. I must admit that it took me a bit o...