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gavinjackson.bsky.social
Writing about economics at the Economist
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Don’t think it’s right to talk about CDU-SPD as a “grand coalition”. Grand coalitions are between the biggest parties in a parliament; that’s no longer the case. Black-red is just a coalition.

Wow the German exit poll

This week's Free Exchange column on the playground justice of Trump's reciprocal tariff plan econ.st/4bb5T6x

" They relish its walkability, architecture and the absence of active shooter drills at their kids’ schools"- on.ft.com/3XdQflh via @financialtimes.com

one of the sharpest points of cognitive dissonance on the wealth tax discussion is that the US effectively has one with annual state taxes based on the value of your house (property tax), but it's rarely mentioned as an effective, or successful even, example in articles or politics

It’s time for the Milk Hotel to choose a side

good Retail Sales numbers for January from the UK, comfortably ahead of consensus:

This week's Free Exchange column on the playground justice of Trump's reciprocal tariff plan econ.st/4bb5T6x

For British politicians of almost all stripes, pride in supporting Ukraine has been a sort of redemption for the foreign policy screw-ups of the 21st century. Strong from @duncanrobinson.bsky.social www.economist.com/britain/2025...

Canadian election race thrown open by Trump's tariff threat www.reuters.com/world/americ...

Forthcoming in the AER: "Selling Subscriptions" by Liran Einav, Ben Klopack, and Neale Mahoney. www.aeaweb.org/articles?id=...

When Queen Victoria’s mourning disrupted the "London Season" (elite marriage market), peer-commoner intermarriage rose by 40%, marital wealth sorting fell by 30%, and peers' political power declined as a result. www.aeaweb.org/articles?id=...

Mario Draghi barrels into European politicians and leaders for their inaction: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything...You ask me what's best to do…I don’t know, but do something"

Junior ISA babies

This is surely untrue. My suspicion is that the "trust fund babies" (who are surely negligible in number) are not vaccine sceptics and low rates of vaccination in east London are more to do with distrust of authority among those in poverty and ethnic minorities. Second screenshot from St Barts.

Cheap solar power is sending electrical grids into a death spiral www.economist.com/finance-and-...

Some good news in today's pay data: 2024 delivered the strongest real-terms pay growth over a calendar year in two decades...

Wonder how much there will be something similar in Europe.

Apple's quiet pivot to India: our deep dive into one of global industry's biggest "China + 1" manoeuvres is today's FT Big Read. on.ft.com/3CV6fSe

"It is clear that the US can no longer be regarded as a reliable ally for Europeans... [who] need to start preparing fast for the day when the US security guarantee to Europe is definitively removed" @gideonrachman.bsky.social's searing conclusion from a weekend in Munich www.ft.com/content/11f1...

I took a quick look at the eight years worth of Apple Health Data that was on my phone: kieranhealy.org/blog/archive...

"Ivan Krastev, a political scientist, jokes that the boundary might be named the “Trump line” to enlist the president’s vanity" www.economist.com/internationa...