Post

Dmitry Grozoubinski
@explaintrade.com

The most dangerous wrong ideas in public policy are the ones that sound so intuitively true that any attempt to push back or even nuance them can be sneeringly dismissed as academic foolishness that flies in the face of 'common sense'. I... may have written a book about this. 👀

Jonathan Portes@jdportes.bsky.social

I can excuse @iaindale.bsky.social's ignorance here. Just because anyone with a very basic economics education should recognise the lump of labour fallacy doesn't mean he should. But the arrogance combined with the absolutely deliberate refusal to think is quite remarkable.

wfrost
@wfrost.bsky.social

Indeed. A related/popular idea that all deflation = bad is doing a lot of damage today. Even as voters tell us it’s EXACTLY what they want.

James Celis Jones 🇺🇦
@jamescelisjones.bsky.social

The frustrating thing about discourse is that the UK is actually world leading in a number of “sitting in offices tip tapping” industries but yet the entire commentariat and political establishment basically hates everyone in those industries.