A post demonstrating weariness with an apparent need to imply large dramas from small shifts in data, sparked by today’s monthly inflation data.
I wrote a piece for Progress magazine that attempts to answer the question – if he were writing today, what would Tony Crosland pick out as the determinants of class in British society? It draws on some great work by the LSE and also an analysis we did on the UK’s wealth distribution recently. Once we understand how society is structured, we can consider the policy implications. Here’s the link.
Philip Hammond’s Conservative party conference speech gives some long-overdue clues as to the approach he will take at the Autumn Statement on November 23rd. Read more.
A Huffington post article that draws on some recent research by the London School of Economics in the context of the current situation faced by the Labour Party. Written in Liverpool during Labour party conference.
Some thoughts here on the characteristics of populists and progressives, and what it takes to be both together.
Triumph or disaster? In terms of the UK economy, it could be either depending on who you believe and what newspapers you read. Here’s a round-up of the data so far, as of the second week in September. But of course everything could change in the weeks and months ahead. But if the government manages to set out a clear path and provide some certainty at least as to what is known and what is unknown, that will help everyone. Read more here
In the run up to the referendum on 23rd June, business confidence fell a little compared to the previous two years as decision-makers felt a sense of unease simply due to the uncertainty that came from such a large economic policy decision looming on the horizon. Immediately following the result the economy skipped a beat: the survey evidence in July was pretty dire. However the August confidence data is not dissimilar to the pre-referendum levels. Businesses have basically swapped the uncertainty they felt around the referendum result for the uncertainty as to what it means. Read more