James Meadway(@meadwaj) 's Twitter Profileg
James Meadway

@meadwaj

Economist. Council member @PEF_online. Macrodose podcast, every Weds: https://t.co/ZfBbXTBimD @macrodosepod

ID:49034649

linkhttp://jamesmeadway.substack.com calendar_today20-06-2009 15:39:38

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James Meadway(@meadwaj) 's Twitter Profile Photo

Drought hitting freight transport on the Mississippi… but, sure, inflation today is solely driven by monetary factors. Continual environmental squeezes somehow have no impact. Yep. bloomberg.com/news/articles/… and on prices bloomberg.com/news/articles/…

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Chris Coates(@MulberryCoates) 's Twitter Profile Photo

Did you know, it’s 27 years to the day that the Financial Times killed one of England’s finest poets? They didn’t mean to. It’s just that Gavin Ewart was 79, and they bought him a lunch that involved enough booze to fell an ox

Did you know, it’s 27 years to the day that the Financial Times killed one of England’s finest poets? They didn’t mean to. It’s just that Gavin Ewart was 79, and they bought him a lunch that involved enough booze to fell an ox
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James Meadway(@meadwaj) 's Twitter Profile Photo

Johnson electorally Tories’ least worst option. Johnson is their best bet if winning next election matters to them. Hilariously their MPs may not realise this & hitch themselves instead to unpopular technocratic austerity overseen by ultrarich former financier.

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James Meadway(@meadwaj) 's Twitter Profile Photo

And Johnson’s right, though forming a government that reaches “far and wide” presumably means also finding a compromise with the pro austerity City supremacy faction. Transforms but does not solve the political and economic crisis.

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Brian Kim(@brian11kim) 's Twitter Profile Photo

Yeah so aside mobilizing the bond stabilization fund part (which does not inject new liquidity) this is basically a mini-QE without calling its name. For various institutional and legal reasons BoK is very reluctant to do this by itself so instead KDB and others are doing this.

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James Meadway(@meadwaj) 's Twitter Profile Photo

We are being bounced into following wishes of powerful faction with little discernible popular support (austerity & City supremacy has a mass base? really?) over the course of a weekend. But lack of legitimacy to any Sunak coronation & cuts plan is what ensures crisis continues.

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Quinn Slobodian(@zeithistoriker) 's Twitter Profile Photo

Excellent piece by Dan Luban on the recently deceased Claremont “superhawk” Angelo Codevilla thebaffler.com/salvos/the-bel…

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Jonathon Shafi(@Jonathon_Shafi) 's Twitter Profile Photo

We fought and won the right to universal suffrage, it wasn’t delivered from on high. Calling for a general election is a basic democratic demand, limited though that democracy is. If we let them away without having one after this, it sets a dire precedent.

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James Meadway(@meadwaj) 's Twitter Profile Photo

He’s right and it ought to be elementary democratic politics that restricting the effective franchise still further is a bad thing to do. Johnson should be on the ballot and Oct 31 should be delayed - there should be no fiscal statement until after a general election.

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James Meadway(@meadwaj) 's Twitter Profile Photo

“Sanity” here being defined as “austerity” since Sunak stands for little else.

Which is the opposite of sanity, by any reasonable standards, if you’re approaching a recession.

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James Meadway(@meadwaj) 's Twitter Profile Photo

Obnoxious how much effort is being put in to bounce country into accepting deeply unpopular austerity 2.0 without even modicum of democratic scrutiny.

It won’t wash. This isn’t 2010. The political crisis will worsen if Sunak is crowned without a fight.

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James Meadway(@meadwaj) 's Twitter Profile Photo

He was genuinely popular once, for sure. The extent to which people were able to project what they wanted on to him pre 1997 is a bit underrated, too - there was a leftwards anti-Tory shift Blair and New Labour specifically were able to capitalise on.

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Gavin Jackson(@GavinHJackson) 's Twitter Profile Photo

Today I’m visiting the ground zero of global warming: the old furnace in Coalbrookdale. This was the first place to successfully use coal instead of charcoal in iron smelting and thereby begin the fossil fuel age.

Today I’m visiting the ground zero of global warming: the old furnace in Coalbrookdale. This was the first place to successfully use coal instead of charcoal in iron smelting and thereby begin the fossil fuel age.
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James Mills(@JamesMills1984) 's Twitter Profile Photo

It's so irresponsible for to have people on saying there's no alternative to austerity and going unchallenged because of the 'mini budget'... this is fundamentally not true and if anything would probably make matters worse!🙄

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