patricksecon.bsky.social
Assistant Professor @ Imperial Business School, formerly LSE & Bank of England Macroeconomist interested in distributional effects of macro policy. patrickmschneider.com
👤 Joined on 14 November 2024
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One other thing re Rayner and ILR. Look at the clarity of language in her speech and compare it Paul Ovenden’s execrable waffle supporting Mahmood’s policy the other day. Orwell was right, obfuscatory and flowery political language disguises poor political thinking.
Show PostI unironically think you should be allowed to own one apartment - your own - or be a publicly shared company managing a thousand of them. If you own half a dozen properties you are 99% evil
Show PostThe FOMC: so you're telling me a supply shock... reduces output and increases prices? No way! The Fed should obviously move rates because, after all, besides money they also print oil and fertilizers
Show PostNarratively having Ever Given getting stuck in 2021 to set up Hormuz in 2026 is great foreshadowing. You want your audience to understand the basics of international shipping in a lower stakes context so you drop the real plot without a lot of saggy exposition about the minutiae of cargo logistics.
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