No surpise that Timothy/Onward think the best way to reduce the UK's trade deficit is to reduce exports by cutting international student places.

What is astonishing is that anyone takes this sutff removely seriously..

This brilliant paper on the need to fund research was written for the predecessor of UK Research and Innovation in 2010. Hard not to come to the conclusion that it matters just as much today.

National Institute of Economic and Social Research The Productivity Institute

🎩 Romesh Vaitilingam

What's happening with asylum claims in Ireland? 🇮🇪

Is there evidence of a spillover from the UK's Rwanda scheme?

What does the data suggest?

(Updated) thread 🧵

On #BBCLauraK this morning, Wes Streeting MP discussed the importance of working with both businesses & civil society to solve the country's challenges.

Earlier this year, he shared with us how he'd approach that partnership.

Watch the conversation👇youtube.com/watch?v=r2MEOL…

Today;s Observer column theguardian.com/business/2024/…

Centre for Policy Studies arguing for a massive expansion in state control/central planning of the UK labour market, university system and (implicitly) even individual families.

Taxing the wealthy effectively & equitably presents a choice between wealth & capital income taxes, each with its own trade-offs; overall, capital income taxes offer a more practical approach in advanced economies, according to this VoxEU column cepr.org/voxeu/columns/…

Lord David Frost “negotiated” the most disadvantageous trade deal in our history. Now, tilting at windmills of his own imagination, he wants to double down on the philosophy and policies that have self-evidently failed us. He is, literally, preposterous. telegraph.co.uk/politics/2024/…

Employers are struggling to boost both employee’s wellbeing and productivity.

Workplace volunteering offers a potential triple dividend to help tackle this challenge.
Read the report for Pilotlight

probonoeconomics.com/triple-dividend

Experience being the Chancellor in this tool from Institute for Fiscal Studies in partnership with Nesta , where you can test out various economic policies. Click here 👉 buff.ly/3w8pLXU to start exploring and making decisions that impact the virtual economy!

“This report changes everything.”- Pilotlight CEO Ed Mayo.

Read our report on the triple dividend of workplace volunteering here👇
probonoeconomics.com/triple-dividend

Weird way of defining investment. As Ben says not all spending defined as investment is necessarily good for growth. E.g. A good chunk of it is on defence: tanks, warships etc. May be necessary, but less related to growth than eg teacher pay which doesn’t count as investment.

If anyone in govt, media or politics wants a fitting memorial to Frank Field, then it should be the abolition of the two-child limit.

His last report (as Chair of Work and Pensions) is here.

'No government should accept it.'

committees.parliament.uk/committee/164/…

Fancy a chance to work with a great team of macroeconomists while building up your macromodelling skills? Then this is the job for you. Interested? Then feel free to contact me and ask any questions you may have. And apply! National Institute of Economic and Social Research Jagjit S. Chadha

Thank goodness for independent honest experts

...and a pretty tiresome political trick to to add spending increases up over multiple years, rather than state the cash increase in a given year, no doubt to make them sound bigger/more generous...7/9

Very pleased to have contributed to this excellent & wide-ranging Social Market Foundation publication on Labour's economic agenda, edited by Aveek Bhattacharya & Neil Lee.

My contribution is immmigration (see next tweet).

Others cover labour markets, trade, net zero, etc

smf.co.uk/publications/l…

I will continue to argue that we desperately need a switch towards more pay less pension in the public sector. You can’t get a mortgage based on your future pension.

It shows just how much domestic knowledge there is in the issues raised by the #BernankeReview and I trust the Bank of England will draw on it when considering how to re-structure the forecast process.

National Institute of Economic and Social Research Economics Observatory Money Macro and Finance Society

🎩 David Aikman and richard barwell