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josgallacher.bsky.social
Scot, European citizen, economic policy aficionado, green tinged democratic socialist, social democrat, book lover, coffee addict and pedant. In that order.
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#EconSky Capital controls would be more effective than tariffs at reducing the US trade deficit. Discuss

submitted 4 hours ago • 1 comment

Report with an image of your favourite James Bond (wrong answers only)

submitted 7 hours ago • 3 comments

Much of the commentary on the fallout from Mr #Trump’s #tariffs seems to be looking at the effects on financial markets and wondering if this will affect the real #economy. But this is a case where the tariff shock affects the real economy and markets are responding to anticipated real impacts. No?

submitted 1 day ago • 0 comments

submitted 1 day ago • 0 comments

The poor and the vulnerable risk being overlooked in escalating trade tensions. While the need for trade reform is clear, @unctad.bsky.social stresses that the solution must come through dialogue and negotiation. Full story ▶️ ow.ly/wFs450VuWgB

submitted 3 days ago • 0 comments

submitted 3 days ago • 0 comments

Has anyone done an analysis of what the #Trump #tariffs will mean for US GDP in 15 years time? #EconSky

submitted 3 days ago • 3 comments

submitted 3 days ago • 0 comments

Don’t try to make policy based on Econ 101. It’s more complicated than that.

submitted 5 days ago • 0 comments

There is a form of economic nationalism that is not about tariffs or trade but about developing an economy where the surplus generated in the country serves the wellbeing of the people whose work creates the wealth.

submitted 5 days ago • 0 comments

Liz Truss tried her best but, as with so many things, if you want something done properly, you need to get the Americans to do it.

submitted 5 days ago • 17 comments

Maybe just do that anyway.

submitted 8 days ago • 0 comments

This is what we do. #UKeconomy

submitted 8 days ago • 0 comments

Who cares about bilateral trade deficits? #EconSky Here is a thought experiment:

submitted 10 days ago • 1 comment

This is what Trump's "economists" say about how they calculated the "reciprocal" tariffs. Don[t be fooled by the equation. They commit countless crimes against economics. ustr.gov/issue-areas/... +

submitted 10 days ago • 12 comments

Just finished this old but highly relevant book. Non-violence is a philosophy of resistance. It becomes even more meaningful in dark times when there is much to resist. #NonViolence

submitted 11 days ago • 1 comment

La vraie insulte à la démocratie ce n'est pas que Marine Le Pen soit condamnée et inéligible pour un détournement de 4 millions d'euros, mais bien que la magistrate ayant rendu le jugement soit menacée, à tel point que la police est actuellement déployée autour de son domicile.

submitted 12 days ago • 29 comments

Ultimately on Le Pen: if you value the rule of law, you have to back this outcome. She was found guilty and is barred from office. Yes she can appeal - rightly - and this ought to be heard ASAP. But this ought to be framed as nothing short of a disaster for Le Pen.

submitted 12 days ago • 8 comments

Exactly. The story here is a corrupt politician brought down by the law. It needs to happen more often.

submitted 12 days ago • 0 comments

Breaking: New Trump Executive Order revokes laws of supply and demand www.wsj.com/business/aut...

submitted 16 days ago • 5 comments

Either I really need to brush up on my knowledge of how VAT works. Or this is, well, not quite right. www.ft.com/content/1de4...

submitted 16 days ago • 12 comments