Category Archives: Uncategorized

Am I missing something, or are there very few or no prominent Brexiteers changing their minds about the benefits of Brexit? I find it extraordinary that there are not more. Opinion polls have shifted somewhat against.  But politicians and commentators … Continue reading →

Martin Sandbu’s column excoriates central banks for post financial crisis macroeconomic performance.  He is right about a lot of things, so I am sure – and hope – his broadside is taken seriously. But I don’t think he is right … Continue reading →

Exiting the EU without a deal having previously been inconceivable, some among the Brexit ultras are trying to present it as an alternative preferable to the negotiating position agreed at the Prime Minister’s Chequers meeting, or whatever the EU might … Continue reading →

Simon Wren Lewis and Frances Coppola have written two thoughtful pieces about Irish central bank Governor Philip Lane’s public comments about Irish tax policy. My own view is that he should not be making these remarks. The reason has to … Continue reading →

A link here to a post explaining a boilerplate view of why Labour’s ideas for reform of the BoE’s mandate [and location] are misguided.

Here a link to an article with David Miles on capitalism.

FOMC member Neel Kashkari has been doing battle with the crypto gold bugs on Twitter.  In the cut and thrust of this debate, he let fly that the 2% target the Fed had set itself was an ‘arbitrary number’. I … Continue reading →

No. First, recall that the inveterate hawk McCafferty is about to depart the Committee, to be replaced by Jonathan Haskell.  It’s not possible to parse his views at this stage, but McCafferty’s were at the very hawkish end of the … Continue reading →

Social care funding is as pressing now as when the issue blew up Theresa May’s 2017 attempt to decimate the Labour Party and assert control over the Brexit process.  A consensus of sorts seemed to emerge from that discussion that … Continue reading →

I hope someone can correct me here, but I dimly remember a Stanley Fischer chapter in the old Handbook of Monetary Economics, on central bank independence, that carried an entertaining footnote.  In it, Fischer reports that he showed a draft … Continue reading →