@johnweeks41

Progressive Economy Forum Coordinator, prof emeritus SOAS, Univ London, author of Economics of the 1% (Anthem) & The Debt Delusion (Polity November 2019)

 London UK
Joined July 2014
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1.8KMedia
Fascism in rise in Polland not populism
Marl Karx@BareLeft14 Jul 2020
Jeremy Corbyn was right to give the EU 7/10, and probably should have gone lower.
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Deficit of this size won't coincide with high interest rates because the deficit is supporting collapsed demand & counteracting mass unemployment. Inflation won't surge while these deficits are necessary. People need to remember interest rate is set in response to inflation.
Jon Sindreu@jonsindreu14 Jul 2020
The problem with reports like the OBR's is this insistence that "borrowing costs are low now but careful because that could change!". I mean, the Bank of England sets government borrowing costs wherever it likes.
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At last the correct decision
Prem Sikka
@premnsikka14 Jul 2020
Face masks/coverings to be compulsory in England's shops. At the height of the pandemic, there was no need for masks but now it is. Govt just ticking a box. Face mask prices have rocketed overnight as some suppliers are profiteering. bbc.co.uk/news/uk-politics-5…
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Read my SE article on the white supremist context of the Hamiltonian moment
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“The Energy Charter Treaty, with 53 signatories, allows energy companies to sue states that make their business unprofitable.” The Obscure Treaty That Could Kill a Global Green Recovery newrepublic.com/article/1583…

The Obscure Treaty That Could Kill a Global Green Recovery

The Energy Charter Treaty, with 53 signatories, allows energy companies to sue states that make their business unprofitable.

newrepublic.com
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One must e careful citing a brutal dictatorship as a positive example
Richard D. Wolff
@profwolff13 Jul 2020
Wuhan, China, successfully locked down, reopened. With new infections, locked down again, tested all 11 million residents in 2 weeks. Since May, not a single new case. What can be done vs what US does. bit.ly/3et3epY
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Absurd. Worst than invasion of Suez? Trident that UK does not control? AntiBrexit gone off the rails
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Frugal states push to cut size of EU recovery package | Financial Times ft.com/content/07661f32-1fe4… Could be bad news @LaszloAndorEU @Rinaldi_David @MatthiasThiema3 @UliVolz

Frugal states push to cut size of EU recovery package

The Netherlands’ request for veto over aid points to difficult discussions at Friday summit

ft.com
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Business and politicians wary of UK plan for low-tax trade zones | Financial Times ft.com/content/122cdc16-7435… Good article quoting Peter Holmes

Business and politicians wary of UK plan for low-tax trade zones

Government edges closer to creating freeports, but critics question their benefit

ft.com
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Excellent paper by Toporowski showing how govt bonds can be used to regulate financial markets. Bond sales to BoE miss that opportunity
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Photos frequently show him with mask
SKWAWKBOX@skwawkbox12 Jul 2020
As distancing discipline breaks down across the nation – why won’t Starmer wear a mask? skwawkbox.org/2020/07/12/as-…

As distancing discipline breaks down across the nation – why won’t Starmer wear a mask?

Former Labour leader Jeremy Corbyn and even right-wing leaders have been seen wearing masks, but why not Keir Starmer? Around the country, thanks to the appalling examples set by Dominic Cummings a…

skwawkbox.org
Calling people names wins no arguments
Marl Karx@BareLeft11 Jul 2020
Jeremy Corbyn isn't our manager, dipshit.
Competent, likeable, decisive: Keir Starmer beating Boris Johnson on all counts | Politics | The Guardian theguardian.com/politics/202…

Competent, likeable, decisive: Keir Starmer beating Boris Johnson on all counts

An Observer poll finds voters now believe that the Labour leader is outperforming the prime minister

theguardian.com
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So called market failures are the normal working of capitalism. Economics is study of efficiency requires assumption of full employment
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politico.eu/article/poland-p… antiJewish rhetoric strong in Polish election

Poland’s presidential campaign ends on an anti-Semitic note

Incumbent’s camp targets country’s most nationalistic voters.

politico.eu
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You mean outrageous not obscene
Tom Blackburn@malaiseforever11 Jul 2020
it's obscene that the people who've done more than anyone to create this sort of political climate are the ones now wailing loudest about 'cancel culture' xitter.cf/breadandposes/status/1…
IFS unreliable on its claimed expertise as I showed in Opendemocracy several months ago. It consistently repeats balanced budget dogmas .@geofftily @PEF_online
geoff tily@geofftily11 Jul 2020
I'd like to discuss how we might break the @TheIFS stranglehold on public debate. I think it seriously dangerous, and do not want to be complicit. While I do make efforts to refute their wrong macroeconomics & bad advice, I haven't made enough effort to counter their dominance.
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Orwell is usually cited to criticism progressives & rarely to attach the right
Owen Jones
@owenjonesjourno11 Jul 2020
The cry of "I am being silenced!", from yet another national newspaper column, for holding views which most of the British press loudly champions, is becoming deafening.
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nytimes.com/2020/07/06/movie… historical mistakes in Hamilton - for example he was anti-immigrant & anti-demo ratic

‘Hamilton’ and the Historical Record: Frequently Asked Questions (Published 2020)

The Disney+ filmed version has fans wondering what’s accurate. Historians are fans, too, and they have answers, along with caveats.

nytimes.com
It is a version of the fallacy of composition
Carolina Alves@cacrisalves10 Jul 2020
Day two trying to come to terms with who said this: "Almost any interesting economic problem has the following characteristic: what is true for the individual is the opposite of what is true for everybody together" cc @angusarmstrong8
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