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Professor of Economics, King's College London; Senior Fellow, UK in a Changing Europe. Personal views only; usual disclaimers apply.

881 Following   66,354 Followers   79,846 Tweets

Joined Twitter 2/2/11


There are some enormously serious questions here about the civil service's response to the crisis, and the failure… https://t.co/fXclmLLyxg
Retweeted by Jonathan Portes#Leicester garment factories are back in the news - in 2018 FT's @sarahoconnor_ gave evidence to #EACFixingFashionhttps://t.co/wQ8oadNhAW
Retweeted by Jonathan Portes @julianHjessop I'm still relatively optimistic about a V or something close, but I don't think the PMIs tell you ve… https://t.co/9gybBh3jzg @julianHjessop I think it's absurd to talk about PMIs as being V or not, since we *really* don't know whether in cu… https://t.co/h2lvht6qLD @K_Niemietz @J_Bloodworth [This is the same argument as people who tell me "But you won't/can't tweet that about Is… https://t.co/QOTkslugDR @K_Niemietz @J_Bloodworth Oh please. That's not even useful as a thought experiment (what should I say or do? Who w… https://t.co/4SZmlZYAOz @J_Bloodworth @K_Niemietz what does "act of rebellion" mean? Will you be a minority in an academic (humanities or s… https://t.co/ZVwuZIiaKoUnderstand Bank of England governor Andrew Bailey will also address Labour PLP later this month https://t.co/7UjaVyDQkA
Retweeted by Jonathan PortesThis is very odd. Bank of England Governors should either speak publicly or in total confidentiality. The 1922 Comm… https://t.co/MvlX5CwS6D
Retweeted by Jonathan Portes"It's not going to be easy and in some cases it's not going to be comfortable, but it needs to be done" Prince Har… https://t.co/jbibKFRRCW
Retweeted by Jonathan Portes @susiesymes1 @RobertSyms @JGForsyth Indeed. And he can't & shouldn't say anything market sensitive behind closed do… https://t.co/hUYvhUKRUQ @jdportes @MelJStride @CommonsTreasury What is it that he is going to say that he can't say in a speech or a press… https://t.co/64MVjlom8Z
Retweeted by Jonathan Portes @t0nyyates @MelJStride @CommonsTreasury Exactly. Obviously he can't say anything new/market-sensitive behind closed… https://t.co/WiCHXx5K20Indeed. Entirely inappropriate. If the Bank of England Governor is going to talk to MPs about covid-19, it should… https://t.co/RcuYVdiXR6 @StewartWood a) certainly not the former since that's not in the BoE remit. b) if the second, then it's even more… https://t.co/6saiPoZqaiThis is bizarre from the Bank of England. Odd enough for the Governor to go to parliament and only talk to MPs from… https://t.co/xC3yrojya5
Retweeted by Jonathan PortesUnsurprisingly, @MigrationWatch recycle Enoch Powell's arguments about East African Asians to argue we don't owe Br… https://t.co/f0A33LS5Lz
Retweeted by Jonathan Portes @Paulduley2 I was commenting on the specific examples he claims direct, first-hand knowledge of in the first 2 para… https://t.co/sHOzOoxUYhShocking, if not surprising, from Nick Timothy here, ,on institutionalised corruption in the government he served: https://t.co/FZbzStwGTg
Retweeted by Jonathan Portes @DMcWilliams_UK @Cebr_uk Allende not Pinochet, obviously! @DMcWilliams_UK @Cebr_uk Yes, of course! THanks. @DMcWilliams_UK @Cebr_uk [and, except for people who the regimes *wanted* to execute/imprison, a fairly small minor… https://t.co/EwO51rLple @DMcWilliams_UK @Cebr_uk Most Chileans who voted for Pinochet (or even were at risk through eg trade union membersh… https://t.co/zEPHYlcvgyUnsurprisingly, @MigrationWatch recycle Enoch Powell's arguments about East African Asians to argue we don't owe Br… https://t.co/f0A33LS5LzAny forecast here is highly uncertain, so credit to @Cebr_uk for trying. But 300K- 1million looks very high compa… https://t.co/EYZnLJYeqqWhat are the "lasting scars" of the covid-19 crisis? Loss of human, financial, and organisational capital are among… https://t.co/0dy7TWsRAK
Retweeted by Jonathan Portes @scouseblue20 @adamboultonSKY *if* you believe Timothy, this isn't Home Office but rather No. 10/Conservative Party HQ @hancocktom [I think I would assess migration *potential* by looking at other large-scale migrations driven by dome… https://t.co/xGckYGfCM9TOMORROW, our senior fellow @jdportes will be giving a lecture on Covid-19, Brexit and the economy for @WISERDNews.… https://t.co/s4NHiAj5dA
Retweeted by Jonathan PortesKaufmann is a Professor of Politics at Birkbeck. He is not stupid enough to say 'so many damn blacks' on tape, but… https://t.co/LI3q7VLEEw
Retweeted by Jonathan Portes🚨JOB OPPORTUNITY🚨 .@Coram award-winning programme for young people from migrant and refugee backgrounds aged 16-25… https://t.co/Rcm58Salyy
Retweeted by Jonathan PortesThere's still time to register your spot at our online lecture tomorrow https://t.co/IqJ6rYcCwU https://t.co/i9coYfE12K
Retweeted by Jonathan PortesNEW blog by @jillongovt: Boris Johnson's imperial premiership. ✍️ https://t.co/svJC1448MQ
Retweeted by Jonathan Portes @ProfTimBale https://t.co/DrvYFD6CRRShocking, if not surprising, from Nick Timothy here, ,on institutionalised corruption in the government he served: https://t.co/FZbzStwGTg @hancocktom not that I know of. I agree - my guess (but it's a guess not an estimate!) is that their lower bound is… https://t.co/0CDEam4j1yNew @Cebr_uk report on potential migration from Hong Kong to the UK estimates numbers could be between 300K and 1 m… https://t.co/EK2yj1ma0K @peter_shelley @bbcworldservice @jdportes @krogoff 🙏 For more on the development impact try our @UNUWIDER paper:… https://t.co/TG312Mryax
Retweeted by Jonathan PortesHow was an Indian elected to the British Parliament in 1892? What relevance could this historical event have for us… https://t.co/60pqbBESfz
Retweeted by Jonathan Portes @sundersays @jhallwood @MRJKilcoyne https://t.co/Apw3B2akcjThis is excellent for A level economists - monetary & fiscal policy and development issues in a 23 minute podcast f… https://t.co/tz329QezHj
Retweeted by Jonathan PortesThere are more jobs in the North East in higher education than in making cars. But, hey, let the woke go broke; the… https://t.co/DGSMCfTkMd
Retweeted by Jonathan Portes @JohnRentoul suspect it was garbled reporting in the first place. Not like HMT haven't been around this course several times before.Very nice piece by @MESandbu in today's @FinancialTimes, based on his new book. It is interesting how many people… https://t.co/FaY6uXMqIi
Retweeted by Jonathan PortesOur Digest 2019/20 sets out the achievements of the Coram Group over the last 12 months. We're pleased to have help… https://t.co/81AR5h1L5B
Retweeted by Jonathan Portes
7/6
2020
Pictures of sweatshops and slaughterhouses don't go viral as they involve people from a completely different demogr… https://t.co/sq19PpwokW
Retweeted by Jonathan PortesI'm unsure whether the rolling back of lockdown restrictions is going too quickly, but I *am* sure that the level o… https://t.co/1Q3rhPSYqg
Retweeted by Jonathan PortesJoin PrOPEL Hub partners @WISERD at their upcoming webinar on 7 July exploring the macroeconomic and microeonomic i… https://t.co/BSCC2JNmpq
Retweeted by Jonathan PortesBut only 1/3 by October. More than 2 months ago @tonywilsonIES, I & others were calling for this. Better late th… https://t.co/xh1O5zj0JY
Retweeted by Jonathan PortesBut only 1/3 by October. More than 2 months ago @tonywilsonIES, I & others were calling for this. Better late th… https://t.co/xh1O5zj0JYActually it took 800 years. It’s a fabulous achievement, just like keeping half of people on to post-elementary edu… https://t.co/aUPU7t9NP7
Retweeted by Jonathan Portes @SpinningHugo @MariosRichards but then all you are saying is that a debt is a debt is what it is, and by definition… https://t.co/MeDFZJr7Dg @SpinningHugo @MariosRichards That just contradicts this I'm afraid. https://t.co/fdZkY5C6pW As a matter of fact,… https://t.co/rZLxKvIyzX @SpinningHugo @MariosRichards @JohnRentoul @AnnelieseDodds This logic doesn't work for indexed gilts, and is straig… https://t.co/tv0Gh5hE4p @SpinningHugo @MariosRichards @JohnRentoul @AnnelieseDodds To say that inflation, redenomination, inflation indexin… https://t.co/C59YYoqWbH @SpinningHugo @MariosRichards @JohnRentoul @AnnelieseDodds So talking about debt in nominal £ is a *choice of a spe… https://t.co/VPDk9y8vtp @SpinningHugo @MariosRichards @JohnRentoul @AnnelieseDodds No. There is no concept of a debt independent of a metri… https://t.co/j9VCnMSZpv @SpinningHugo @JohnRentoul @AnnelieseDodds Debt to GDP means debt measured relative to GDP. Debt in £ means debt re… https://t.co/tNzzzOTZTQ @SpinningHugo @JohnRentoul @AnnelieseDodds (incidentally, the nominal logic collapses entirely under its own contra… https://t.co/QJ0txvw178 @SpinningHugo @JohnRentoul @AnnelieseDodds The reason you're confused is youve forgotten that debt is *always* a ra… https://t.co/6vzv3xNy3k @SpinningHugo @JohnRentoul @AnnelieseDodds Nominal £? So inflation doesn't reduce the value of the debt?! Literally… https://t.co/5ri72hrXPA @SpinningHugo @JohnRentoul @AnnelieseDodds (your position just ends up being that the statement "the debt has been… https://t.co/giPkDC1Ggo @SpinningHugo @JohnRentoul @AnnelieseDodds I think you know you're in a corner here! What, then, does it mean to sa… https://t.co/NHlcN6tVur @SpinningHugo @JohnRentoul @AnnelieseDodds (you have really confused yourself here. You can't talk about debt bein… https://t.co/OuzNNILa1I @SpinningHugo @JohnRentoul @AnnelieseDodds ??? No. What is your*metric*. How do*you* measure the debt? @SpinningHugo @JohnRentoul @AnnelieseDodds No. Sorry, but you're just wrong here. What is *your* metric against whi… https://t.co/QFbWMAKTW6 @SpinningHugo @JohnRentoul @AnnelieseDodds I repeat - how would you measure debt? Real £ or nominal? @SpinningHugo @JohnRentoul @AnnelieseDodds ??? No. To talk about the debt being "worn away", you need a metric. £… https://t.co/MVKup91WGx @SpinningHugo @JohnRentoul @AnnelieseDodds Eroded means "worn away". When talking about debt/money, it can only hav… https://t.co/V9n6iaskg1 @SpinningHugo @JohnRentoul @AnnelieseDodds You're not infinitely lived. The primary measure of debt for economists… https://t.co/4WYqOS5PlRin retrospect, @epkaufm's transformation into an academic version of Toby Young is depressingly predictable.. https://t.co/nb1k2v2xPW
Retweeted by Jonathan Portes @JohnRentoul @AnnelieseDodds ??? Why not? Nothing incorrect at all about it from an economic perspective.Essential reading by @TrevonDLogan & @drlisadcook on the economics of racial inequality in the US.… https://t.co/2OLtsf2C5d
Retweeted by Jonathan PortesThis from @sirsocks (h/t @ToruOkada69) shows why he has become an impressive competitor with @danieljhannan in the… https://t.co/hviFL3u2Fe
Retweeted by Jonathan Portes"The chancellor has to come forward with measures to protect jobs this week, for the people already falling out of… https://t.co/1Hf95nP1Vt @richard_dubourg @epkaufm Might need another few years.in retrospect, @epkaufm's transformation into an academic version of Toby Young is depressingly predictable.. https://t.co/nb1k2v2xPWApparently there's a "moral case against Black Lives Matter" now - I guess the 'argument' has been revised and refi… https://t.co/uTGLhGFLbb
Retweeted by Jonathan PortesIt's been over four years since the EU referendum, in which the issue of immigration was an important one for voter… https://t.co/oupMJD1n7Z
Retweeted by Jonathan Portes @MGEmancipation @PaulbernalUK @SirSocks @ToruOkada69 @DanielJHannan yes, it's quite a revelation @RWerpachowski @TrevonDLogan @drlisadcook not in this type of format AFAIK. would be very useful (obviously very different).Essential reading by @TrevonDLogan & @drlisadcook on the economics of racial inequality in the US.… https://t.co/2OLtsf2C5dThis from @sirsocks (h/t @ToruOkada69) shows why he has become an impressive competitor with @danieljhannan in the… https://t.co/hviFL3u2FeDEFINITELY READ THIS on racial inequality by @drlisadcook and @TrevonDLogan 👇👇👇👇 https://t.co/5WqMeoVMP4 https://t.co/ttyy5scnwV
Retweeted by Jonathan Portes
7/5
2020
@charlie_lee @tomhfh Yes"It’s not really that hard to understand unless you choose not to." Indeed. @PriyamvadaGopal on white and black… https://t.co/rej11vMwBo
Retweeted by Jonathan Porteshttps://t.co/LRzFttizok The University of Chicago's Stigler Center for the Study of the Economy and the State puts… https://t.co/olByHBGAgT
Retweeted by Jonathan Portes @tomhfh Agreed. If you'd added " Don't recklessly endanger others" it would have been fine. But the original tweet was entirely about you."It’s not really that hard to understand unless you choose not to." Indeed. @PriyamvadaGopal on white and black… https://t.co/rej11vMwBoGreat if media/others could seek on-record explanation of why @ReasonedUK removed "so many damn blacks" yet kept th… https://t.co/CaBOcXjn7v
Retweeted by Jonathan PortesCompelling and persuasive. Hard to express any more clearly. We can't talk about racism without understanding white… https://t.co/BcYKtfAU79
Retweeted by Jonathan PortesI'm choosing my words carefully. 1) This week there was a widely publicised case of an Asian girl going missing.… https://t.co/wTDyo3haGe
Retweeted by Jonathan Portes @godonagh ??? I am not responsible for your inability to understand plain English, I'm afraid. @godonagh @tomhfh ??? You think studying economics stops people studying other topics? Bizarre as well as wrong.Leicester's sweatshops have been an open secret for years. Central government knew; local government knew; retailer… https://t.co/Z9TExaWL5S
Retweeted by Jonathan Portes @godonagh @tomhfh The idea that "economics is an essential discipline to inform policymaking" == "economics is the… https://t.co/5FQowqIMer @tomhfh Oh please. Your argument was that individuals should decide solely on the basis of *their own* self-interes… https://t.co/rcAa08BqiS @Mark_Joseph91 @tomhfh Yes, I patronise people who can't even be bothered to *read the tweet* they're replying to.… https://t.co/g6Pn7wfEJb @tomhfh Tom, it would be better just to say "Yes, it was a careless/silly tweet, I do understand externalities and… https://t.co/lAM1tLpcxh @Mark_Joseph91 @tomhfh I'm going to charitably assume you a) know no economics b) literally didn't read the 2nd twe… https://t.co/uNqhveVRSY
7/4
2020

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