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New essay out today by me and @acjsissons.bsky.social - ‘Getting Britain out of the hole: a plan for the economy’. You can read the whole thing here getting-out-of-the-hole.uk A chart mega-thread follows 🧵
John Springford
@johnspringford.bsky.social
Economist and occasional politics dabbler. Working on a project to improve labour markets. Associate fellow, Centre for European Reform. Visiting fellow, Institute for Policy Research, Bath University. Accusations of bad faith or lying = block.
19.3K followers1.9K following8.2K posts
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New essay out today by me and @acjsissons.bsky.social - ‘Getting Britain out of the hole: a plan for the economy’. You can read the whole thing here getting-out-of-the-hole.uk A chart mega-thread follows 🧵
Quite. Also GDP, and therefore tax revenues to do social democracy with.
More to come on this, but those Labour MPs opposing talking about freedom of movement need to be aware that they are also condemning UK manufacturing to more barriers and probably further decline. www.theguardian.com/politics/202...
@iandunt.bsky.social is right to say that bloodless accounting isn't the way to win this argument. But we bloodless accountants can tell politicians where the gains for their constituents are www.arguably.uk/p/europe-is-...
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Oh my Lord. UK officials are apparently wandering around chatting to random strangers in Brussels about Freedom of Movement. Cos the EU sure as hell isn't holding talks with us about it.... www.thetimes.com/uk/politics/...
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🚨NEW 🚨 New 3 part series from me and producer Caroline Bayley for BBC Radio 4 and BBC Sounds: *The Growth Conundrum* Listen to PART 1️⃣here, which sets out just how bad things are when it comes to UK growth, why we should care - and what's blocking growth... 👇 🎧 www.bbc.co.uk/programmes/m...
This is a good piece. Another way to think about it is: what are the things that are making it difficult for the business *I*work for? The answers are usually consumer demand, access to capital and skilled labour, and tax.
On the curious ineffectiveness of the elite anti-state consensus willd10.substack.com/p/why-is-the...
Zelenskyy said five days ago that freezing the conflict on current lines, with security guarantees, is "a real way to end this war". www.thetimes.com/comment/colu...
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Washington plans for Viktor Orban to be a "joint candidate" for the US, China and Russia to be UN secretary general, WSJ reports www.wsj.com/opinion/...
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Brazil will get more attention either way it goes, but this is truly an incredible victory for the student protesters. We ran this in March 2025, which explained the movement's strengths but seemed overly optimist in the months that followed. 18 months later, they succeeded. Gen Z strikes again.
wow, really, vucic concedes
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Govt buy local policies are a waste unless there is some security or resilience motive. Even then the relevant security concept should be the UK or UK+allies.
The backpacks John Swinney said every P1 pupil will receive are to be made in China and Scottish factories say they cannot compete with its low-wage economy
Thinking about the practicalities - the four freedoms make sense as a package because the movement of goods and services are facilitated by movement of capital and labour. And countries have different endowments and comparative advantages, so there needs to be benefits for all.
Also FoM is a red line for the EU and I don't think the Euro or Schengen would be.
Thinking about the practicalities - the four freedoms make sense as a package because the movement of goods and services are facilitated by movement of capital and labour. And countries have different endowments and comparative advantages, so there needs to be benefits for all.
Also FoM is a red line for the EU and I don't think the Euro or Schengen would be.
Thinking about the practicalities - the four freedoms make sense as a package because the movement of goods and services are facilitated by movement of capital and labour. And countries have different endowments and comparative advantages, so there needs to be benefits for all.
Also FoM is a red line for the EU and I don't think the Euro or Schengen would be.
John Springford reposted
Why EU free movement is an opportunity, not a threat – as Burnham makes the case, read @johnspringford.bsky.social for Arguably. “It is strange to reject one of the few policies that we know would raise growth and improve our fiscal position.” www.arguably.uk/p/eu-free-mo...
A significant shift, however much the circular migration point is overdone. Here's my piece on why this matters from two weeks ago www.arguably.uk/p/eu-free-mo...
The real inversion is Burnham defending freedom of movement on merits, to the benefit of Britons; rather than a "price to be paid" for market access. For the first time by a PM since.... 2004...?
There was dancing in the streets when the curry house came to my small North Dorset town in the mid-1990s. No more flaccid burgers at the pub that I was not allowed into in the evening, or flaccid chips from The Codpiece.
a 25 year old could not comprehend how bad the dining options were in the median American town in 1996
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Andy Haldane says Britain is "taxed out". I don't understand what this means. Here are the European countries that have grown faster than the UK in the last decade, but with higher tax/GDP ratios Cyprus Poland Croatia Slovenia Iceland Portugal Slovakia ... www.thetimes.com/uk/politics/...
Not sure why Europe hasn't upped the pressure on Putin by saying that Russia's frozen assets will be used to fund Ukraine in stages until a ceasefire holds. Yes there are legal problems, but European security surely trumps them.
New post from @ldfreedman.bsky.social Trump has again intervened in the Ukraine war on the wrong side. How much difference is it making? What can Europe and Ukraine do to counteract? samf.substack.com/p/ukraine-wi...
All of these legal attempts will fail of course, but the problem is MAGA say that Democrats are the enemy and dangerous, which leads to extra-judicial action
It begins: Trump launches suit to prevent Democratic candidate from winning Alaska senate race: "Election law experts have panned the Justice Department's lawsuit, calling it a publicity stunt by President Donald Trump's administration that seeks relief not allowed under federal law." Via Reuters
Days Of Thunder - the ridiculous redo of Top Gun but with car racing - with my mum in 1990. I loved it. I asked her if she did. "No, it was terrible."
First film you saw at the cinema. The real first one, not the pretend one you tell people! Mine: The Empire Strikes Back, 1980, Wigan. We were near the front and I can still remember how massive the AT-ATs looked, looming over us out of the snow :) Film, year, where, and whatever stuck with you.
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Krugman's post on this is worth reading. The point generalises (including for European governments) paulkrugman.substack.com/p/its-time-t...
It's an astonishing failure of US government that Elon Musk has any control over the use of military assets whatsoever.
Excellent piece by @gabyhinsliff.bsky.social
Imagine if, for once, Labour decided to tell the truth about immigration | Gaby Hinsliff
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The immigration doom loop, summed up here by @gabyhinsliff.bsky.social www.theguardian.com/commentisfre...
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🚨 French bonds have been hit hard, but we’re still a LONG way from proper panic levels. www.ft.com/content/9aa4...
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Reform's Danny Kruger: acting in the least-fine traditions of British politics. thecritic.co.uk/fara...
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Fwiw this includes me (a British citizen but born abroad), my Norwegian midwife partner, and two of my three children. Nice to know that The Times thinks we are undesirable but has watched “helplessly” as we lived in London.
Enoch Powell level bile and lies from the Times www.thetimes.com/comment/the-...
You'd hope the UK government would take this time to sort out the international fee/visa mess more broadly. www.ft.com/content/4777...
Lord Frost calls estimates by the OBR, Bank of England, Stanford "propaganda" and sings the timeworn hymn of deregulate, profit capx.co/podcasts/dav...