One of Rutland's most prominent Marxist economists.
Oakham
Joined January 2011
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I've a question about @substack. When I'm trying to write a post, it says "working offline" so I can't post. How do you solve this? The AI support gives loads of suggestions, all of which are useless.
Blogged: constraints aren't "given" as Econ101 claims, but have to be discovered - which is a political as well as economic issue. stumblingandmumbling.typepad…
Blogged: a (partial) defence of the government's approach to economic growth: stumblingandmumbling.typepad…
Blogged: the government is using market forces where it shouldn't, and not using them where it should: stumblingandmumbling.typepad…
Blogged: how capitalism undermines the value of democracy: stumblingandmumbling.typepad…
Blogged: what Shakespeare can teach us about how to win power: stumblingandmumbling.typepad…
Blogged: there are two political agendas - one on how to improve the real world and another dealing in fantasies and crank issues, and the latter is dominant: stumblingandmumbling.typepad…
Musk has dominated UK politics without (AFAIK) spending a cent. Which proves Smith words: there's a "disposition to admire, and almost to worship, the rich and the powerful". The problem is, this disposition is incompatible with any worthwhile conception of democracy.
Blogged: there are good economic reasons why the centre-right has collapsed: stumblingandmumbling.typepad…
With higher gilt yields fuelling talk of the need for tighter fiscal policy, here's one I wrote earlier on how fiscal conservatism is in theory compatible with radical economic policy elsewhere: stumblingandmumbling.typepad…
Blogged: the question is not just: "what should the government do?" It is rather: "how can we create pressures that force governments into positive change?" stumblingandmumbling.typepad…
Blogged: the public sphere has suffered from a tragedy of the commons: stumblingandmumbling.typepad…
Blogged: the assisted dying bill raises an overlooked issue in lots of policy-making - that of legibility: stumblingandmumbling.typepad…
Blogged: political debate has a blindspot about the failures of British capitalism: stumblingandmumbling.typepad…
Chris Dillow retweeted
1/9 🧵The right wing press, informed originally by its allies in History Reclaimed, is repeating this misinformation again and again in its attempts to prevent a conversation about reparations. Each time it is repeated it needs to be called out because it is being used to suggest that Britons made enormous financial sacrifices to end slavery around the world.
Here is the reality:
This quoted post is unavailable.
Blogged: Westminster politics is dominated by the Scooby Doo ideology of capitalism. stumblingandmumbling.typepad…
Chris Dillow retweeted
🧵1/5 Acemoglu or Paul Baran’s Prize?
Acemoglu’s argument on settler versus non-settler colonialism was first presented, in almost the same language, by the Marxist economist Paul Baran decades before the publication of AJR 2002 in his book The Political Economy of Growth.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Daron Acemoglu, Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity.”
#NobelPrize
What this doesn't say is that the innovation has been in rip-offs rather than in providing useful products: stumblingandmumbling.typepad…
The UK has one of the world's largest and most innovative financial centres.
@RachelReevesMP met with @GoldmanSachs's David Solomon at today's International Investment Summit to reiterate the government's commitment to providing stability for businesses to thrive.
ALT The CEO of Goldman is pictured on the right hand side of the image wearing a black suit with a blue tie and white shirt. He is sitting on a grey couch. On the left hand side of the picture is the Chancellor and an official. The chancellor is wearing a dark purple jacket and is smiling while seated on a grey sofa. Her folder which says "Chancellor of the Exchequer" is pictured on a table.
This divergence between personal experience & political beliefs (eg on immigration) is evidence of the media's influence on politics - & not necessarily for the better.
🧵NEW: Britain’s broken. But none of us can agree how - or why
Thanks to 50 years of the @IpsosUK issues tracker, I’ve looked at the UK’s biggest woes over time
It shows our concerns are becoming increasingly detached from personal experience @thetimes
thetimes.com/article/8d7d293…
