Cost of policy: Β£10bn.
Benefit of achieving government objective of reducing migration: More than Β£10bn.
@richarddubourg.bsky.social
Economist. Academic, then consultant, then UK government, then EU regulator, now consultant again. Environment, health, crime. Mostly chemicals these days. Woke. Remain. Proportional representation.
Cost of policy: Β£10bn.
Benefit of achieving government objective of reducing migration: More than Β£10bn.
Apparently, buying sandwiches doesn't have a distributional impact we should care about. Buying houses does.
09.12.2025 16:50 β π 0 π 0 π¬ 0 π 0Why? The previous situation was one where we had resources tied up in a house which was doing nothing. You're using immigration to provide demand for supply no one wants. That makes no sense.
09.12.2025 16:36 β π 0 π 0 π¬ 1 π 0Which they generally don't. For the reasons I've outlined.
09.12.2025 14:51 β π 1 π 0 π¬ 0 π 0Impact as measured by whether a policy gets on the books, of course, not whether the policy actually had a positive impact.
That requires time and resources to work out and you might find the policy was shit!
Best just get it into the baseline, take the plaudits, and move on to the next one.
The updates are a work in progress, obviously...
08.12.2025 21:10 β π 1 π 0 π¬ 0 π 0They've now punted it on and pocketed the cash.
08.12.2025 12:22 β π 0 π 0 π¬ 0 π 0One peer fewer, at least.
08.12.2025 10:41 β π 16 π 0 π¬ 0 π 0Appreciation *of*. Bloody AI, grammar is crap.
08.12.2025 10:10 β π 0 π 0 π¬ 1 π 0It must be something like that. Deliveries plus Uber means no one needs Zipcar - apart from a vocal minority who use it a lot.
07.12.2025 16:42 β π 0 π 0 π¬ 0 π 0Just coming back to this.
Zipcar apparently has about 500k members in London, and revenues of Β£50m.
That's Β£100 each per year.
Sounds like a distinct lack of demand to me.
I wonder how many regular users there are?
I really think voters must take responsibility for what and who they choose to vote for. You canβt be getting all outraged at the accusation of racism if you choose to vote for someone who says and does overtly racist things and whose biggest policy pitches are mass deportations and EU-phobia.
07.12.2025 10:35 β π 21 π 7 π¬ 3 π 0I live in Wales and today received my Join Us letter from Reform UK, complete with SAE which I posted back to them, immediately, empty. If every other person in Wales did this, Reform would spend over Β£1.5 million on postage. Not sorry. Join me Cymru.
06.12.2025 19:20 β π 2324 π 584 π¬ 73 π 40It was the 80s if Farage was 17.
07.12.2025 10:11 β π 2 π 0 π¬ 0 π 0I was there 2003-2011. It at least felt that policy was about enforcing the rules and making the rules enforceable. Trying to prevent asylum seekers destroying their documents was so that their claims could be accurately assessed. This selective demonisation didn't happen.
07.12.2025 10:04 β π 0 π 0 π¬ 0 π 0Looking forward to all those Reform- and Tommy Robinson-supporting England fans at the World Cup complaining the UK is fucked.
07.12.2025 09:49 β π 1 π 0 π¬ 0 π 0It takes a real cynic to conclude that people risk their lives, spending months, years, and thousands of dollars to travel thousands of miles on foot and in the back of lorries, so they can get to the UK, to sponge off it. I used to work at the Home Office. I'd be ashamed now.
07.12.2025 09:30 β π 4 π 1 π¬ 1 π 0Apologies to the sensitive, but this is what happened last night.
06.12.2025 20:08 β π 0 π 0 π¬ 0 π 0Time to be playing the best Christmas album of them all.
youtube.com/playlist?lis...
Fair.
06.12.2025 14:23 β π 1 π 0 π¬ 0 π 0Studying lynchings of Black Americans in the South between 1880 and 1940 finds that children of individuals who were exposed (as children) to lynchings see a reduction in their income relative to counterfactual individuals, from Condra, Jones, and Walsh www.nber.org/papers/w34523
06.12.2025 14:01 β π 20 π 15 π¬ 1 π 1This is what a pub should look like.
06.12.2025 13:59 β π 3 π 0 π¬ 1 π 0Sofas in pubs are a modern invention. They go with coffee tables. They're for your lounge. You shouldn't have to move from your seat to reach your pint.
06.12.2025 13:54 β π 3 π 0 π¬ 1 π 0able to "break through" into higher profile outlets. We need a British Paul Krugman but just don't seem to have one.
06.12.2025 10:59 β π 1 π 0 π¬ 0 π 0I hear you. I'm an economist, but not in macro or similar. We desperately lack qualified economists with profile and presence to engage on the public stage. Paul Johnson is the closest we have but he has a very limited view of issues. Jonathan Portes does his bit but doesn't seem to have been
06.12.2025 10:59 β π 1 π 0 π¬ 1 π 0Not showing chess players in a very good light, this discussion, not that we haven't known for decades they tend to be twats.
06.12.2025 09:47 β π 0 π 0 π¬ 0 π 0bsky.app/profile/mcda...
05.12.2025 22:12 β π 0 π 0 π¬ 0 π 0*snigger*
05.12.2025 22:11 β π 0 π 0 π¬ 1 π 0So what are Ireland going to do if they qualify for the World Cup?
05.12.2025 20:00 β π 0 π 0 π¬ 0 π 0