Category Archives: Britain

Blogs about the United Kingdom

The Europhile Left use Jacobin response to strengthen our Brexit case

Regular readers will recall that Thomas Fazi and I published an article in the Jacobin magazine (April 29, 2018) – Why the Left Should Embrace Brexit – which considered the Brexit issue and provided an up-to-date (with the data) case … Read the rest of this entry »

Posted in Britain, Demise of the Left, Reclaim the State, UK Economy | 1 Comment

The Europhile Left loses the plot

Regular readers will know that I have delved into social psychology in the last decade or so as a way of educating myself on why ideas survive when their logical consistency is lacking and their empirical content is zero. I … Read the rest of this entry »

Posted in Britain, Demise of the Left, Reclaim the State, UK Economy | 23 Comments

The facts suggest Britain is not as reliant on EU as the Remain camp claim

I have been doing some analysis of British and European Trade patterns over the Post World War 2 period. They reveal some very interesting insights that are seemingly lost in the on-going war by Europhiles against Brexit. One of the … Read the rest of this entry »

Posted in Britain, UK Economy | 17 Comments

Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms

I have now escaped the near-Arctic chill and back to warmer climes for a little while. While I was in Finland though, the Finnish news media was agape over the – Joint Statement – released by 8 Finance Ministers from … Read the rest of this entry »

Posted in Britain, Eurozone, Politics, UK Economy | 15 Comments

The New Keynesian fiscal rules that mislead British Labour – Part 3

This is Part 3 (and final) in the series which examines the robustness of claims made by two British academics about the desirability of the British government (particularly Labour) adopting further fiscal constraints on their flexibility to advance well-being in … Read the rest of this entry »

Posted in Britain, Debriefing 101, Fiscal Statements | 25 Comments

The New Keynesian fiscal rules that mislead British Labour – Part 2

This is Part 2 of my Three Part exposition of how the standard New Keynesian approach to the specification of fiscal rules will generate poor advice for politicians desiring to achieve progressive socio-economic goals. The paper I am using to … Read the rest of this entry »

Posted in Britain, Debriefing 101, Fiscal Statements | 25 Comments

The New Keynesian fiscal rules that mislead British Labour – Part 1

The British Labour Party is currently leading the Tories in the latest YouGov opinion polls (February 19-20, Tories 40 per cent (and declining), Labour 42 per cent (and rising). They should be further in front, given the disarray of the … Read the rest of this entry »

Posted in Britain, Debriefing 101, Fiscal Statements | 22 Comments

Renationalisation – when self-promoted genius becomes plain lame

There are times when so-called progressives outdo themselves with their (usually self-styled) ‘genius solutions’ to the ravages of neoliberalism. They come up with elaborate ‘solutions’ that people on the Left get feverishly excited about yet fail to see how obviously … Read the rest of this entry »

Posted in Britain, Economics, Fiscal Statements, Reclaim the State, UK Economy | 17 Comments

Britain doesn’t appear to be collapsing as a result of Brexit

Do you remember back to May 2016, when the British Treasury, which is clearly full of mainstream macroeconomists who have little understanding of how the system actually operates released their ‘Brexit’ predictions? The ‘study’ (putting the best spin possible on … Read the rest of this entry »

Posted in Britain, UK Economy | 20 Comments

British Tories reject the ‘free market’ neoliberal myth

The conservatives in the British Labour Party are obviously worried. The UK Guardian article (December 2, 2017) – Labour faces subversion by Momentum and far left, says Roy Hattersley – reports the claim by former Deputy leader, Roy Hattersley that … Read the rest of this entry »

Posted in Britain, Reclaim the State, UK Economy | 27 Comments