International GDP comparisons are pretty worthless anyway, because countries differ widely in how they collect and process GDP data. The methodology is partly standardised under the SNA (System of Na… (View Post)

I just got back from a couple of months in the US, mostly LA, mainly business but also seeing old friends (and making a few new ones). Obviously the affluent parts of LA are about as typical of the U… (View Post)

What strikes me is that we have a government on 17% - yes, 17% - in the opinion polls, eighteenth months after winning a huge landslide victory. We've got used to that in the last year, and they… (View Post)

Yes but with Trump his intent may be completely different in a couple of hours. Or he may have acted on it by then. He is more impulsive and less predictable than most normal toddlers. That's on… (View Post)

Hutton isn't an economist. He's an economic journalist and a political activist. Very different. As far as I can see his education in academics economics stopped at undergraduate level, and… (View Post)