Tony Yates

@t0nyyates

Economist. Ex Prof of Econ / BoE staffer. Bits for and . Econ. Finance. Politics. Nonsense.

London
Vrijeme pridruživanja: veljača 2009.

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  1. Prikvačeni tweet
    25. sij

    Jesus this column is much worse than I thought. Almost every line contains something false, a non sequitur, or something bigoted.

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  2. prije 47 minuta

    This is why issues like not having non-tariff barriers, agreeing regulations and common standards and above-national mechanisms for enforcement and arbitration seem like an infringement of liberty, rather than an essential for doing business.

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  3. prije 49 minuta

    I think there is also the issue that 'free traders' don't understand modern value chains. They think grade is about meeting in the ocean and swapping final good cargoes of cotton for spices.

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  4. proslijedio/la je Tweet
    prije 1 sat

    So the long-running 70s sitcom of UK membership of the EU ended as it began.

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  5. proslijedio/la je Tweet

    Right, next time I’m in a shop/cafe/restaurant I’m going to ask staff a question in German, but I’ll speak very slowly and louder than usual. Haben Sie verstanden?

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  6. proslijedio/la je Tweet
    prije 12 sati

    Something worth bearing in mind: SF may be narrowly topping the polls but it is also the party the most people *don't* want to see in government, and in a STV system this matters.

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  7. prije 13 sati

    Pity the tragic irony of the Econ students of search models putting themselves at the mercy of the matching function.

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  8. prije 13 sati

    We need more high school physics words that can be coopted for naming pressure groups. (See what I did).

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  9. prije 13 sati

    One group that has been annihilated is the group of people who could write columns and actually know something.

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  10. prije 13 sati

    I think that should say Grace and Dan on Facebook, but otherwise about right.

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  11. proslijedio/la je Tweet
    prije 24 sata

    We want full sovereignty! Brexit alone is not enough!!! We need to leave -the UN, NATO, -the WTO and -above all else FIFA to be truly free!

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  12. prije 13 sati

    Is there a point at which motivated reasoning has such shoddy reasoning that we classify it simply as 'motivated'?

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  13. proslijedio/la je Tweet

    PS I have been in the Westminster Lobby for over thirty years (since before you wer born) and am a former Lobby Chairman. I have never heard of an "inner lobby". This takes blatant attempts to divide and rule to a new level. So please don't lie.

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  14. proslijedio/la je Tweet
    prije 15 sati

    Now Peter Foster has moved to the FT, it would seem logical for Mr Payne to go to the Torygraph.

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  15. prije 15 sati

    This is great. 49ers have >90% chance of winning. They lose. 'You were wrong!' scream idiots. I have exchanges like this about econ forecasting all the time. 'I called it!' [sigh].

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  16. proslijedio/la je Tweet
    prije 20 sati
    Odgovor korisniku/ci

    The concepts of opportunity cost and prioritisation appear to be flying out of the window. I used to think the Humber Bridge was a warning about what happens when you free decisions from the idea of value for money, rather than a model to emulate.

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  17. proslijedio/la je Tweet
    Odgovor korisniku/ci

    Yes, but you do realise the only way to get back voters who've moved right is - *checks notes* - go further left?

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  18. proslijedio/la je Tweet
    Odgovor korisniku/ci

    I don't think there will be a reckoning... I do think that there might be a Thatcher moment where the previous model starts to look discredited and the public crave a change of direction

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  19. prije 20 sati

    If 'left is on the rise'=Johnson majority of 80, the left had better hope this very encouraging development does not falter.

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  20. proslijedio/la je Tweet
    prije 20 sati

    New NBER research shows that the 2016 Brexit Referendum immediately led to AMERICAN job and investment losses. Jobs were primarily lost in industries with less skilled workers; UK-exposed firms with less redeployable capital cut investment most.

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  21. prije 21 sat

    Rather optimistic though, as it presumes and and a reckoning. Brexit is > these aggregated losses. It's the freeing of ourselves from rational reflection on economic policy. Failure will be blamed on something else or flat out denied.

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