Let us start with some generally accepted facts: So: hope at last? You would think so. And there are two prominent Labour facing think tanks pondering and publishing on this very topic: the IPPR ...
https://freethinkecon.wordpress.com/2024/04/03/if-ai-solved-baumols-cost-disease-that-would-be-good/
Earlier today I had the privilege of my first in-person appearance before a Select Committee – Business and Trade interviewing me, George Dibb, Geoff Owen and Paul Swinney on Industrial Policy....
https://freethinkecon.wordpress.com/2024/03/12/is-competitiveness-the-point-and-is-it-getting-worse/
I promise this is the last of it. If you have the time, listen to Osborne and Balls on their podcast discussing the £28bn U-turn. I missed it, but Ed Balls apparently said that for U-turns to ...
https://freethinkecon.wordpress.com/2024/02/09/final-thoughts-on-the-28bn/
As of February 2nd 2024 there is a gigantic and ongoing fuss about the exact status of Labour’s £28bn climate investment promise. It is probably the exact fuss that the dying and likely depart...
For someone who spends as long as I do noodling over the UK economy, it is flat out embarrassing that I do not have an immediate and confident answer to this question. Here is a reasonable conten...
Here is the question I think you must answer before formulating a strong opinion on technology and growth: what do you think are the real binding constraints that limit our productive future? Are...
You don’t have to follow me for long on Twitter to realise I rate the Economist, and also have an interest in industrial strategy, so this week’s special section hammering it is essential rea...
https://freethinkecon.wordpress.com/2023/10/10/the-economists-assault-on-the-new-industrial-policy/
It’s been a fairly bad 15 years or so for economic growth, hasn’t it? There are plenty of ways of discussing this – charts of a line rising steadily up to mid 2008, turning sharply down and...
If you attend to enough right-wing commentary on the dismal state of the UK, at some point you will hear or read some version of the following: “But they never even cut public spending! We have...
https://freethinkecon.wordpress.com/2023/09/20/the-myth-of-no-austerity/
About six months ago, we passed the point at which bad news for the economy was good news for Labour. Thanks to Liz Truss, the Conservatives have lost their reputation for economic competence. ...
https://freethinkecon.wordpress.com/2023/07/21/ted-lasso-versus-the-triangle-of-crapness/