Angus Armstrong

Dear GOD if you want to save money in the asylum system

1. LET ASYLUM SEEKERS WORK

2. FAST TRACK STATUS FOR EVERYONE FROM CLEARLY UNDAFE COUNTRIES like Sudan, Syria, etc

3. Run an asylum accommodation system that is NOT FOR PROFIT #r4today

🇪🇺 “Those who control digital infrastructure control the conditions of possibility for democracy itself.”

IIPP Honorary Professor @francescabria.bsky.social writes about the need for Europe to reclaim its digital sovereignty in her latest article for @noemamag.com.

✍️ Read more here: buff.ly/N3wTKnH

Exciting times ahead at @iipp-ucl.bsky.social this academic year.

Bringing a dose of Cambridge Social Ontology into the policy world, let’s see what unfolds! ✨🙌🤓

#ontology #economics @angusarmstrong.bsky.social @uclnews.bsky.social @ucl.ac.uk

Adam Smith is an economics legend, but what gets left out of modern conversations about this iconic thinker? Philosopher Eric Schliesser (@nescio13.bsky.social) unpacks Smith’s overlooked views on inequality and concentrated political power. Listen wherever you get your podcasts. bit.ly/3YdiCkj

Wonderful workshop @sfiscience.bsky.social on Structural Transformation in Complex Systems in energy transition.

Sunderland Lit and Phil Society relaunches after 150 years - BBC News The founder believes Sunderland needs "to take ownership of where we're going culturally".

Good news in the North-east! www.bbc.co.uk/news/article...

Economists’ Way Out of the Wilderness | by James K. Galbraith - Project Syndicate James K. Galbraith argues that the continued dominance of nineteenth-century thinking has resulted in a catalogue of failure.

www.project-syndicate.org/commentary/m...

Great work by Lagakos, Michalopoulos, and Voth on personal narratives from 1930s to ask what gives people meaning. Work and community top the list. Neither enters economists' understanding of well-being directly. A big blind spot in how we evaluate policy impacts. www.dropbox.com/scl/fi/2ej7c...

It is difficult to listen to two US Presidents claiming credit for a ceasefire which could have happened long ago had they really wanted it.

😁 I don’t see a case for mandating, and seems blunt instrument! All for looking at structures to support investment - I assume will be part of the industrial strategy (when it finally arrives)! Long term investors are waiting.

Hi J, I understand there’s a lot of pensions prepared to invest BUT on the sidelines the Ind. Strat. Think this is now due for June (11 months after election??). We need something that puts people and their aspirations front and centre.

Very good article & the lack of coherent strategy in White Paper is noted. Growth is indeed an outcome - of arrangements using natural resources and our social organisations. We seem to avoid discussing both.

My latest interview @bloomberglp.bsky.social
Fed will hike in 2025H2 - unless Trump Admin overdoes tariffs and deportations to cause recession. More likely we get inflation from tax cuts, tariffs, and reduced migration.
Thanks @ferrotv.bsky.social @lisaabramowicz.bsky.social
x.com/bsurveillanc...

Fiscal conservatism, economic radicalism Sir Keir Starmer has ruled out significant rises in public spending under a Labour government. He's partly right. What his supporters and many critics fail to appreciate, however, is that a tight fisc...

With higher gilt yields fuelling talk of the need for tighter fiscal policy, here's one I wrote earlier on how fiscal conservatism is in theory compatible with radical economic policy elsewhere: stumblingandmumbling.typepad.com/stumbling_an...

Uk yields have indeed risen since the Budget, but correlation is not causality.

Consequences of Trump for UK may be more via financial transmission than commonly discussed channels.

Uk yields have indeed risen since the Budget, but correlation is not causality.

Consequences of Trump for UK may be more via financial transmission than commonly discussed channels.

It's impossible not to know what's going on in Gaza | Opinion ***

It’s impossible not to know what’s happening in Gaza. Article by two prominent Israeli economists Motty Perry and Ariel Rubinstein www.haaretz.com/opinion/2024...

Children among 58 killed in latest Israeli strikes on Gaza, say medics Victims reported to include six people escorting aid convoy, and eight in tent encampment in humanitarian zone

Daily background noise. www.theguardian.com/world/2024/d...

After some MIT students publish an opinion piece in the campus paper criticizing a professor's work with the Israeli military, the paper stops publishing op-eds entirely. A perfect example of how campus speech works in 2024. mondoweiss.net/2024/12/desp...

Vid is unavailable.

But for me it’s about ‘why’ - why we make the decisions and choices - which brings the moral back into economy

NEW PAPER: The 2022 fossil fuel price jumps caused an oil and gas profit explosion. We show the US reaped the largest profit increase (USD 275bn) of any country. Big Oil claims this benefits the American people. In fact, 51% went to the richest 1%, only 1% to the bottom 50%. A 🧵

Our December Newsletter is here 👇
mailchi.mp/7c79c8a94177...

Our December Newsletter is here 👇
mailchi.mp/7c79c8a94177...

Very enjoyable and stimulating evening with @michael.muthukrishna.com discussing his great book ‘A Theory of Everyone’ at the inaugural IGP Book Club at The Gilded Acorn bookshop. Thank you Michael.

Very much looking forward to hosting this event!

Hi #EconSky,

Not sure if the Starter Pack party's over, but I've made an Econ Starter Pack of Starter Packs! 😄
It's a work in progress, so I may have missed some. Let me know if there's anything to add—DMs are open!
Thanks for support @economista.bsky.social!

docs.google.com/spreadsheets...

10 Great Books on Institutions and Economics (Nobel Special)
1) Institutions, Institutional Change and Economic Performance - Douglass North
A foundational work in institutional analysis, explaining institutions from first principles and explaining their development through time.

Opinion | The Lesson of This Election: We Must Stop Inflation Before It Starts Our nation needs an economic disaster preparedness tool kit to avoid the scourge of inflation.

if you haven't already, it's well worth reading this piece by @isabellamweber.bsky.social on the politics of inflation and the need for a toolbox that contains more than just interest rate hikes: www.nytimes.com/2024/11/12/o...

Good article. Investment is necessary but not sufficient. Marshall included ‘organisation’ as factor of production - which gets at your point of including regions (and income groups) - perhaps even finer.

Thank you.