John Springford
@johnspringford.bsky.social
18K followers 1.7K following 5.1K posts
Economist and occasional politics dabbler. Working on a project to improve labour markets. Associate fellow, Centre for European Reform. Visiting fellow, Institute for Policy Research, Bath University.
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Reposted by John Springford
omaromalleykhan.bsky.social
I know statistics are poorly understood and are misused. But facts matter

Between the 1991, 2001, 2011 and 2021 Census *every* ethnic group in the UK has become *less* geographically segregated and *all* groups, majority and minorities, are more likely to interact with people not like them
johnspringford.bsky.social
She's right about Pratchett's brilliance (if patchy, and she hasn't absorbed much of his humane worldview). Start with Guards! Guards! or Witches Abroad
Reposted by John Springford
domw.bsky.social
"We want people to be living in mixed communities, don't we?"

Robert Jenrick's home is in Eye, Herefordshire, where 165 out of 166 residents were white at the time of the last census.
bestforbritain.org
Wow. Robert Jenrick doubles down by branding a black journalist's questions "ridiculous" and saying that the problem is not his comments, but "journalists like you who pop up and try to knock me down", adding that "this is the reason why terrorist attacks happen". ~AA
johnspringford.bsky.social
The obvious point here, which doesn't seem to have occurred to Jenrick, is that there has been a long history of white people moving out of ethnically mixed neighbourhoods. Refusing to integrate, if you will.
bestforbritain.org
Wow. Robert Jenrick doubles down by branding a black journalist's questions "ridiculous" and saying that the problem is not his comments, but "journalists like you who pop up and try to knock me down", adding that "this is the reason why terrorist attacks happen". ~AA
johnspringford.bsky.social
But your scepticism on consumption not being influenced by the long end is to do with wealth effects? Ending QT reduces supply of gilts, raising prices?
johnspringford.bsky.social
Could you spell that out for the slow-witted among us?
johnspringford.bsky.social
Yes I note in your excellent chart on occupations that visas for business people has held up better than other roles, bar doctors. Macroeconomically, this policy is stagflationary of course. How much so is depends on the numbers.
johnspringford.bsky.social
I'm doubtful it would be a big rise because people few young graduates earn £40k. You really want to attract people in their 20s. Maybe the threshold can be kept and the problem can be eroded away by drag. But then you've got all the visa costs, NHS charge etc.
johnspringford.bsky.social
Well, we can push the state pension age into the 70s.
Reposted by John Springford
iandunt.bsky.social
Badenoch now responding to Jenrick's comments on skin colour. It's clear there is no level of comment on race which would make her take action, no matter how plainly discriminatory.
johnspringford.bsky.social
It's incredibly difficult to forecast migration, as it's determined by recessions abroad, recessions at home, supply shocks, wars and policy at home and abroad. James might be wrong! That's why over-reacting to shocks with policy changes is bad for labour supply and tax revenues, public services etc
johnspringford.bsky.social
Great thread. Over-correction has been likely, as many of us have been warning.
With the government bringing in new restrictions against immigration, many people assume net immigration will nevertheless remain high. However, the evidence actually suggests that immigration will fall dramatically over the coming years and reach lows not seen for decades (pandemic aside). (1/x)
Reposted by John Springford
johnspringford.bsky.social
And if that forecast is right, it means that the UK will become a net electricity exporter. If so, will that reduce national income in the 2030s or raise it?
johnspringford.bsky.social
The consensus forecast says (broadly): the North Sea basin is declining, irrespective of new licenses; North Sea wind will generate about a twentieth of Europe's electricity demand; gas will set the price of electricity less of the time as it increasingly drops out of the merit order. You disagree?
Reposted by John Springford
alanbeattie.bsky.social
OK, let's take this seriously. I had an odd half an hour and via Apple Books had a quick look at the three claims I knew most about - two re the post-Brexit bilateral preferential trade agreements replicated from the EU versions and one about cheaper bananas. All are wrong or wildly implausible. 1/n
johnspringford.bsky.social
We've already seen a fair amount of direct action against deportations here. The sort of numbers they're talking about make this sort of disorder impossible to avoid.
johnspringford.bsky.social
This is what the Conservatives and Reform want to bring to the streets of Britain
cristianfarias.com
This video of Chicagoans intervening to save a man from being abducted off the streets by ICE is making the rounds on Instagram.

Community action works.

Source: www.instagram.com/reel/DPZL2AL...
johnspringford.bsky.social
So out of touch. I genuinely feel a bit bad about it
johnspringford.bsky.social
Never had a turkey twizzler. I've never owned a games console or a VHS player. I haven't seen Pan's Labyrinth, City of God, Finding Nemo, Requiem for a Dream, Eternal Sunshine, Downfall or any superhero movies. Never knowingly listened to Ed Sheeran, Drake, Bieber, Ariana Grande or Tupac.
johnspringford.bsky.social
I'm not saying Europe doesn't have important niches in the tech industry, just that the size of Silicon Valley is hugely bigger and can't be replicated in Europe without big barriers to imports. The industry is all network effects and agglomeration.
johnspringford.bsky.social
It's the 116th most valuable global company. ASML is 27th. Not nothing, but Europe doesn't have anything like Silicon Valley.