Jim Obey

£20.4bn of new capital for the National Wealth Fund and British Business Bank is a welcome step. Public finance can drive good growth in every postcode, if it shapes deals around clear missions rather than just de-risking the private sector, and the public shares in the returns.

Not a single news outlet has reviewed its coverage of Jason Arday, for accuracy or proportionality. Zero attempt to conduct any inquiry into the media’s role in his death. Instead, the industry has moved into self-congratulatory mode. This isn’t just tone deaf, it betrays a systemic failure

Netanyahu 'The Jewish and Zionist majority must unite', against....? '...while Eisenkot has said Arab-led parties do not meet Zionist criteria to govern', by demanding equal rights? www.theguardian.com/world/2026/o...

Markets voting on whether they prefer fascists or socialists... (I hope every one is sitting down 'cos the result is a real shock)

I bought 426 tins of spam for trick or treaters. They'll thank me after the zombie apocalypse! Jesting aside, it's fantastic that we finally have an economic plan. 👏👏 www.bbc.com/news/article...

Will there be actual reform, or (a la Starmer) a defensive crouch cosplaying reform (by rearranging hundreds of pencils) in order to get re-elected?

Cleese and others on the right after reading Truss' new 'masterpiece'... 😆🍿

the trump administration just fired someone but this time it is… no it is another woman they fired

With winter coming, we should all keep buffer stocks of oil and gas next to the fireplace? www.theguardian.com/society/2026...

'Tyler Cowen', nuff said

I hope it smells better than Lynx...

Instead of investing in buffer stocks of grains, we should all keep a big bag of crisps? However for a gov. committed to balancing budgets, this, £2 bus fares and private parking measures cost the state naff all. Like Cameron's Big Society transparent and pathetic. news.sky.com/story/be-rea...

Politics isn't a 'spectator sport', unless you're a technocrat who eschews democratic debate. Blame foreigners for (non-negotiable) belt tightening, job done. www.ft.com/content/b97d...

I keep hearing people saying the data shows the cost of living crisis is a myth. A lot of this from the US admittedly where economic growth is stronger. But there is plenty of evidence the economy for most people is bad and has been for a long time now. Here’s some UK data

Michael Carrick hasn't given up hope.

Whilst bill payers (not 'investors') will pay the fine, powerless regulators need to go through the motions. Another illustration of how the logic for privatizing water only ever amounted to markets, wavey hands, things. 🤦

“Don’t you open that Jackdoor! You are a fool if you dare! Stay away from that Jackdoor! ‘Cos there’s something down there!”

Will no one think of the racists. 😢 I do hope asylum seekers in detention centres are having a whip round. www.theguardian.com/politics/liv...

Greece have run primary surpluses for ever (in order to bail out German/French banks) and this happens? 'Child hand me a chair!' If adopting the € is a condition for the UK to rejoin the EU, the response should be a flat thanks, but no thanks. www.theguardian.com/world/live/2...

Retaining the hateful Mahmood as Home Sec and effectively banning the book 'Normal People' is followed by drill baby drill. Where the US leads...

Tories will die on the hill of defending fundamental market freedoms. Humans? Yeeeah, not so much. But anyway, the Tories aren't like nasty Reform because Badenoch said so VERY LOUDLY.

Remember when €64bn could buy you a cheese sandwich...and you could expect change! 🤯

There is evil as in enjoying doing evil shit, but also...

Whilst Minsky's theories were vindicated by the GFC, empirical evidence found Woodford's theories wanting. Hmm... www.ecb.europa.eu/press/blog/d...

Protestors Criticized For Looting Businesses Without Forming Private Equity Firm First https://theonion.com/protestors-criticized-for-looting-businesses-without-fo-1843735351/

This is it. Energy costs are upstream of *everything*. So if you want to do industrial policy...

'One rule for me and another for thee'. Can anyone else spot the grim irony here? www.theguardian.com/politics/202...

A person whos internal monologue asks is this plausibly deniable, rather than 'are we the good guys?'

7) This is a very small sampling of reasons we ought not to be persuaded by McCloskey and others who have argued along similar lines (e.g., Pinker, Cowen, etc.). You can't ignore moral psychology, politics, and social relations and pretend you have a political philosophy.

Isabelle Weber. “Currently, only the extreme right is willing to say yes, something is broken, and a different present and future is possible.” Yes a centre (left and right) in denial is *why* people vote for the far-right.

Weber, the trouble with economists is that "they obsess over ideological purity and are inflexible when searching for solutions, regardless of society’s symptoms." Ideological economic assumptions disregard reality - they're off with the fairies. www.theguardian.com/business/202...

Yes. But (contrary to Schopenhauer) progress means that there are more, or bigger, steps forward than back. I wonder whether we're in a step forwards or step backwards phase? 🤔

You can no longer buy "Normal People" in the UK? Says it all. www.rte.ie/entertainmen...

Reeves? Healey? Please stay behind after class and write this out 100 times.

Wanting sweets is fine, the justification used to dispossess another child of theirs (assuming the kid with the sweets also has rights) is another thing. Whilst Zionism isn't racist in theory, the question is, is it possible for it not to be in practice?

Palmer Luckey, co-founder of Anduril Industries, to “revel in the death of those who truly deserve it…is normal, good, and aligned with our natural and national order.” 😳

An answer to the question: ‘What happens when a nation’s ruling class is thirty-somethings who’ve learned about the world from comic book movies, Something Awful, video games & poorly digested cybernetics?’ Answer: It rationalises consuming the spectacle of violent cruelty as liberation.

“It is yet another of Nietzsche’s merits that he joins to his critique of Enlightenment moralities a sense of their failure to address adequately, let alone to answer the question: what sort of person am I to become? (1/2)

'Mummy, why do rich people say inflation is the ultimate evil?' 'Well darling, there's this thing called hedging...'

Hmm, the cynical wings of both the Tories and Labour came out on top, whilst the left of both parties purged. I'm far from convinced by Burnham, but he's a sign that the demise of the Brexit cargo cult is progressing one funeral at a time?

He has always been a wrong'un. How did people miss the signs? 😆

Balancing short-term budgets is just so responsible...🤦‍♂️

Whilst wealth taxes were 'a huge success' in Norway, unfortunately many of their economists left in a fit of pique.

Trump announces deal to import Russian diesel. Yet he imposed tariffs on China and India for importing fuel from Russia. 3 weeks ago signed law threatening 500% tariffs on India and China. Now facing midterm election defeat ... and Utter bankruptcy of Trump foreign, economic and other policies.