8 Comments

Apologies in advance as this isn’t directly related to your post, but I’ve been referred to you by your colleague Louis Ashworth at the FT, and based on what he’s said and the stuff of yours I’ve been reading in my own time, this is an issue I’d appreciate your insight in. Over the last few months, I have been working on a project to attempt to determine the optimal economic ‘niches’ of every country in the world. It’s a fairly trivial fact to say that the UK’s key economic strengths lie in services exports and research orientated businesses - while by no means is this the full extent of the UK’s highly diverse economy, you nonetheless aren’t going to be able to build an economic strategy around aeronautical engineering or whatever. Equally, it is also fair to say that Germany’s economy can be roughly defined as an advanced manufacturing economy, a niche it shares with Japan, and one that it could make sense for the likes of Turkey and South Africa to move into.

However, there is remarkably little literature I have found which seeks to chart these tendencies, and to determine which niches make logical sense for developing countries to move into (and thus begin figuring out how to get there). This is something I’ve been seeking to rectify, and I am gradually attempting to put together an attempt at mapping this for every country. Because of this, I was wondering if I would be able to draw upon your expertise for this issue - I have found your posts on issues such as the composition of the UK’s services industry enormously illuminating and have changed many of my views on this issue. With that in mind, would you be willing for us to get in contact and discuss this issue further?

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Related to this, I think, is the idea that "innovative finance" can deliver desired outcomes without the required investment (and the associated opportunity cost). This drives everything from BOOT schemes (remember them?) to (the pop version of) MMT.

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Inject this directly into my veins! Did not see this one coming, and it's such a great example, because who hasn't heard of the show, and who can't understand the sorts of problems it explores?

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OK OK, but in this analogy who is it that we need to slap a piece of bread to each side of their head and make them admit that they're an idiot sandwich?

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I did a binge recently and my favourite was the seaside hotel with two restaurants and too many staff. The roleplay where they gave all the staff buckets and asked the staff to put a rock in who was responsible for what was so good. And then the issue where the staff were spending a stupid amount of money in the bar. Such a funny and bleak situation to end up in.

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“Gordon’s team have worked through the night” - or why the first thing I would do if I was in charge of the Labour Party is put Wes Streeting on a slow boat to the Falklands.

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