Reposted by vanisha
the way I would phrase this is that the lack of a theory of growth is partly caused by the "infantile libertarian" theory of regulation. strong regulation is part of the infrastructure of an industry. if you think of it as a constraint or a risk/return trade-off you don't understand regulation.
Fascinating read-out -- but the question remains: why is a six-month old government asking regulators for ideas? www.theguardian.com/politics/202...
January 23, 2025 at 12:47 PM
the way I would phrase this is that the lack of a theory of growth is partly caused by the "infantile libertarian" theory of regulation. strong regulation is part of the infrastructure of an industry. if you think of it as a constraint or a risk/return trade-off you don't understand regulation.
Reposted by vanisha
"The liberal line in 2025 seems to go something like this: we overdid the panic about Trump last time, so let’s not repeat the mistake. Neither half of this proposition survives the slightest intellectual audit."
The strange liberal nonchalance about Trump’s return
Having supposedly worried too much about him last time, people are overcorrecting
www.ft.com
January 22, 2025 at 4:41 PM
"The liberal line in 2025 seems to go something like this: we overdid the panic about Trump last time, so let’s not repeat the mistake. Neither half of this proposition survives the slightest intellectual audit."
Reposted by vanisha
On Miliband quote. Thinking Miliband succeeding is a bad thing suggests some strategists in Labour are stuck in 1997. Even leaving aside Labour’s new left flank challenge. Climate change is no longer the liberal lefty issue of 1997 . Voters across board think a priority
January 4, 2025 at 9:52 PM
On Miliband quote. Thinking Miliband succeeding is a bad thing suggests some strategists in Labour are stuck in 1997. Even leaving aside Labour’s new left flank challenge. Climate change is no longer the liberal lefty issue of 1997 . Voters across board think a priority
Reposted by vanisha
This bit of the MI5 chief's annual threat summary has been living in my head rent-free since October, now it can be in all your heads, too.
December 9, 2024 at 11:31 PM
This bit of the MI5 chief's annual threat summary has been living in my head rent-free since October, now it can be in all your heads, too.
Reposted by vanisha
Interesting passage on Walras' socialist beliefs. It's often forgotten that many of the early neoclassicals were socialists, though usually non Marxian, using their optimal social plan as a benchmark to understand competitive outcomes.
November 19, 2024 at 10:31 AM
Interesting passage on Walras' socialist beliefs. It's often forgotten that many of the early neoclassicals were socialists, though usually non Marxian, using their optimal social plan as a benchmark to understand competitive outcomes.
Reposted by vanisha
Pretty much every other email I get from the Telegraph is about how to avoid tax more effectively.
We laud people like, say, Martin Lewis for helping us get what we are entitled to, but scorn the disabled and unwell for doing the same.
December 1, 2024 at 9:44 AM
Pretty much every other email I get from the Telegraph is about how to avoid tax more effectively.
Reposted by vanisha
one cool thing I've noticed is that being on here is making me read a lot of articles again, think I'd become so used to reading something then going "hey everyone! read this cool thing!" that Twitter suppressing links ended up making me read less, funny that we've made reading a social experience
November 27, 2024 at 11:51 AM
one cool thing I've noticed is that being on here is making me read a lot of articles again, think I'd become so used to reading something then going "hey everyone! read this cool thing!" that Twitter suppressing links ended up making me read less, funny that we've made reading a social experience
Reposted by vanisha
Badenoch mentioning the election petition at PMQs today advert to her greatest problem: she is a serially online politician, shaped by many of the mores of the online right. It can make her seem eccentric.
November 27, 2024 at 3:59 PM
Badenoch mentioning the election petition at PMQs today advert to her greatest problem: she is a serially online politician, shaped by many of the mores of the online right. It can make her seem eccentric.
Reposted by vanisha
1/
Wealth has raced ahead of earnings, creating a new caste society
Tax is only part of the answer: we also need a new political economy that differentiates good & bad wealth
My major new @ippr.bsky.social report: Earning Vs Owning
ippr-org.files.svdcdn.com/production/D...
Wealth has raced ahead of earnings, creating a new caste society
Tax is only part of the answer: we also need a new political economy that differentiates good & bad wealth
My major new @ippr.bsky.social report: Earning Vs Owning
ippr-org.files.svdcdn.com/production/D...
November 27, 2024 at 7:47 AM
1/
Wealth has raced ahead of earnings, creating a new caste society
Tax is only part of the answer: we also need a new political economy that differentiates good & bad wealth
My major new @ippr.bsky.social report: Earning Vs Owning
ippr-org.files.svdcdn.com/production/D...
Wealth has raced ahead of earnings, creating a new caste society
Tax is only part of the answer: we also need a new political economy that differentiates good & bad wealth
My major new @ippr.bsky.social report: Earning Vs Owning
ippr-org.files.svdcdn.com/production/D...
Reposted by vanisha
Let’s run the government like a business, drive the car like a bicycle, and play the guitar like a piano
November 25, 2024 at 11:41 AM
Let’s run the government like a business, drive the car like a bicycle, and play the guitar like a piano
Reposted by vanisha
Not going to take this seriously until they get an Urgent Question about the chess trophy.
November 18, 2024 at 11:31 PM
Not going to take this seriously until they get an Urgent Question about the chess trophy.
think this is an interesting analysis of the budget
www.lrb.co.uk/the-paper/v4...
www.lrb.co.uk/the-paper/v4...
William Davies · A Crisis in Credibility: Labour’s Conundrum
Rachel Reeves and Keir Starmer’s platform requires them to inhabit a contradiction. They need to demonstrate what a...
www.lrb.co.uk
November 18, 2024 at 7:16 PM
think this is an interesting analysis of the budget
www.lrb.co.uk/the-paper/v4...
www.lrb.co.uk/the-paper/v4...
Reposted by vanisha
Just realised have started to instinctively open this site first when a bit bored, in a queue etc. Sure am not alone. Sign of success…
November 18, 2024 at 11:59 AM
Just realised have started to instinctively open this site first when a bit bored, in a queue etc. Sure am not alone. Sign of success…
Reposted by vanisha
An unfortunate side effect of the Budget is the widening of one particular tax gap.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
November 8, 2024 at 1:19 PM
An unfortunate side effect of the Budget is the widening of one particular tax gap.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.