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John Springford

@johnspringford.bsky.social

1.9k Following19.2k Followers

Economist and occasional politics dabbler. Working on a project to improve labour markets. Associate fellow, Centre for European Reform. Visiting fellow, Institute for Policy Research, Bath University. Accusations of bad faith or lying = block.

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@annadent.bsky.socialOct 11, 2026, 11:55 AMReposted by @johnspringford.bsky.social

New Made In Chelsea cast member just announced

@johnspringford.bsky.socialOct 11, 2026, 9:01 AM

Tricky. Wage scarring is probably just shared more equally so effects small.

@johnspringford.bsky.socialOct 11, 2026, 8:52 AM

My fault. But surely it's only the most social Darwinist who positively like a disproportionately low tax burden on the wealthy, apart from the wealthy of course

@johnspringford.bsky.socialOct 11, 2026, 8:45 AM

I think 45% income tax plus 24% CGT, much avoided, would be higher ideally, but their behavioural response plus the advantages of international capital flows mean a higher tax burden may be negative for GDP.

@johnspringford.bsky.socialOct 11, 2026, 8:32 AM

My biggest one is probably high taxes on the wealthy (many of whom lack any sense of solidarity). It's hard for govt to differentiate between those who create wealth for others and those who are pure rentiers.

@johnspringford.bsky.socialOct 10, 2026, 12:38 PM

The last lot who marched on the hotel didn't seem very nice

@johnspringford.bsky.socialOct 10, 2026, 11:40 AM

Nothing is more important than intimidating asylum seekers

@johnspringford.bsky.socialOct 10, 2026, 10:44 AM

It might reduce Lib-Dem to Tory switching.

@johnspringford.bsky.socialOct 10, 2026, 10:23 AM

Tradwives should organise knitting watch-a-longs to Hegseth's televised execution.

@johnspringford.bsky.socialOct 10, 2026, 8:08 AM

They're hideous. Wind turbines are OK

@johnspringford.bsky.socialOct 10, 2026, 8:01 AM

Agreed on Chinese EVs.

@johnspringford.bsky.socialOct 10, 2026, 7:57 AM

Not a huge fan of tech, pylons, disruption from construction, rip-off masters degrees for international students, accepting lower consumption for higher investment. I could go on.

@johnspringford.bsky.socialOct 10, 2026, 7:53 AM

Isn't this pedantry? I thought we could take falling domestic production as read. Which means that maintaining current share of hydrocarbons in final energy demand = increasing imports = increasing terms of trade risks. Perhaps you're right that we end up with a glut. Perhaps not.

@johnspringford.bsky.socialOct 10, 2026, 7:50 AM

Well, yes

@johnspringford.bsky.socialOct 10, 2026, 7:50 AM

So you'd recommend maintaining the current share of gas in the UK's final energy demand?

@johnspringford.bsky.socialOct 10, 2026, 7:49 AM

Obviously, yes. And makes the economy less susceptible to terms of trade shocks in a basic input. Small energy-intensive industrial base anyway; big problem is transport and the heating of buildings.

@johnspringford.bsky.socialOct 10, 2026, 7:46 AM

Too cynical: decent evidentiary basis for all of my suggestions.

@johnspringford.bsky.socialOct 10, 2026, 7:41 AM

That's two shocks in four years. And countries that responded to the first one more forcefully have fared better the second time around.

@johnspringford.bsky.socialOct 10, 2026, 7:35 AM

Terms of trade disagree with you.

@johnspringford.bsky.socialOct 10, 2026, 7:30 AM

You don't think it would be better for growth than more reliance on foreign hydrocarbons, higher trade barriers, less competition, fewer scientists and tech people trained, more congested infra?

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