Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, September 20, 2026

The Joy of Six 1579

Dawn Butler lays bare the abuse that a Black female MP faces: "Followers of my social media know how bad it can be. I have a regular “block of the month” feature to raise awareness of the disgusting racist abuse sent to me every day – the N-word, “monkey” and “ape” are common insults. The deluge of abuse has a detrimental impact on my mental health, and on those around me."

"There is no reindustrialisation beyond heavily Government-directed industries such as defence and even pharmaceuticals without reversing Brexit. That will not be sufficient, but it is absolutely necessary. And yet, there is literally no mention of Brexit in the core arguments of Reindustrialising Britain." Anthony Painter reads a new collection of essays from Policy Exchange.

Milli Hill on David Walliams and his publisher: "It wasn’t until CEO Charlie Redmayne left Harper Collins in October 2025 and was replaced by a woman, Kate Elton, that decisive action was taken."

"Keynes was a liberal for our age: morally serious, hopeful for a better future, and yet reconciled to the expertly-executed compromises that must be struck to preserve a liberal order that is far more fragile than some would like to believe." Guillaume A.W. Attia says you should read John Maynard Keynes.

"It’s quite lonely and I hate this house because it’s so cold. I just wish I could speed up the process but I can’t. Some days I’m right on to it, and then other days I just can’t, because it’s very emotional – and I’m not really an emotional person." Stephanie Woods interviews four women about the ordeal of clearing a dead parent's house.

Francis Young looks at the importance of folklore to Penelope Lively’s The Wild Hunt of Hagworthy.

Wednesday, September 16, 2026

The Joy of Six 1577

Sam Bright says the government's indecision on how to meet the threat of Nigel Farage has cost us all: "Labour has been dismally slow at protecting politics from these predators – rebuffing calls in recent weeks for a cap on all donations, even from domestic sources. And now Reform’s war chest is bursting at the seams."

"In 2024 then mayor of Manchester Andy Burnham argued that net zero was 'the best chance we will ever have to reindustrialise the North of England, reduce inequality and close the North-South divide'." The mayor has had a promotion since then but what of his prediction?" Zachary Leader finds the reality has not lived up to the hype, but there are things his government can do to help.

"When the rain came, the earth in its baked state, was indifferent. Beyond thirst. Shut up from growing. Sculptural towers of cumulous cloud sailed north, into mute and tantalising lightning. The rain, and the return of the heat after, reanimated the only thing to wet the ground all summer: sheep’s urine. Undiluted and remaining on the surface, the smell of ammonia was sudden, heady and strong." Nicola Chester looks back on the extraordinary summer of 2026.

Rhian Jones on the pressure that the need to maintain an online presence puts on musicians.

Benjamin Riley investigates a "profoundly weird and concerning" American private school network: "As part of boot camp, Alpha School students apparently have their heart rates monitored as they watch recorded videos of their parents critiquing them. This activity takes place in front of their classmates, and students must keep their heart rates within 10 percent of their baseline to pass."

"It’s a pretty rotten old country on display here, with no end of respectable, well-spoken pillars of society turning out to be cheap little fakers and drug peddlers, using contemptible tricks such as pretending to be wheelchair-bound as part of a phoney persona." Discontinued Notes reviews Francis Durbridge's television thrillers.

Sunday, September 06, 2026

The successful British economy of the 1970s

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This is from a House of Lords Library paper on The UK Economy in the 1970s that was published a couple of years ago:

Despite the macroeconomic turbulence of the 1970s, annual GDP growth still averaged 2.7% and living standards rose significantly. Growth in real household disposable income (RHDI) per head was either low or negative for much of the decade, but grew rapidly in 1972–73 and 1978–79, leaving RHDI per head almost 30% in 1979 than it was in 1970. This was a greater increase than was experienced in either the decade before (the 1960s) or the decade that followed (the 1980s).

This enhancement in living standards was underpinned by strong wage settlements, with 1976 and 1977 the only years in the decade where wage growth did not outstrip inflation.

If you have taken your view of the decade from Dominic Sandbrook's What My Housemaster Told Me About the Seventies, you may be surprised by these figures.

Wednesday, August 12, 2026

John Maynard Keynes: A very political economist

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Paul Addison reviewed Robert Skidelsky's biography of John Maynard Keynes for the London Review of Books in 1993.

Keynes remains an attractive figure to British Liberals but, Addison suggests, a hard one to pin down:

As Skidelsky emphasises, Keynes was at all times a political economist: "He invented theory to justify what he wanted to do. He understood that theory had to be usable for politicians and administrators." 

But if so, what were Keynes’s political objectives and how radical was he? The ultimate objective of the General Theory was to save the capitalist system from the two intolerable alternatives of Communism and Fascism. It was addressed to the world, or at any rate to the United States, but Keynes also had in mind the situation at home. 

In party politics Keynes was a Liberal: but whether he was a Left-Liberal who sympathised more with Labour, or a Liberal of the Right who might ultimately have found a home in the Conservative Party of Butler and Macleod, is more contentious.

The most radical episode in Keynes’s career was his opposition, covert though it was, to the First World War. The Economic Consequences of the Peace, a passionate expression of the indignation and guilt which he had bottled up while the war was in progress, was much acclaimed by the Labour Party. 

In later years, he was seldom in step with the Left but he did become, as a consequence of his investments in the City, a wealthy man with a fortune, in 1936, of £13m in today’s money. Skidelsky observes that as Keynes became more radical in economic theory he tended to become socially more conservative, setting himself up as the squire of Tilton, the house and farm he rented in Sussex.

Keynes wrote for the New Statesman, voted Labour in 1935, and kept in touch with the rising generation of Marxists in Cambridge. But while he praised their idealism he remained completely dismissive of Marxism and regarded the class struggle, even in the mild version propagated by the Labour Party, as futile and irrelevant.

Saturday, July 25, 2026

My Liberator article on the Yorkists' New Deal

This article appears in the new Liberator – you can download the whole issue from the magazine's website. Following the best traditions of academic reviewing, I spend a lot of time stating my own views before I get on to the publication I'm meant to be writing about.

You can find The New Deal online.


Lib Dem Narrative – The Search Goes On

The 2024 general election saw 72 Liberal Democrat MPs elected, the most for a third party since the Liberals’ brief revival in 1923. It was a result that exceeded all expectations, yet, two years on, there is a feeling of deflation among many Lib Dems. May’s local elections, whose outcome was in some ways very good for the party, were followed by a series of posts on Lib Dem Voice expressing dissatisfaction with the party’s direction or at least arguing that its current approach had been exhausted and a new one was needed.

This dissatisfaction arises from a sense of disappointment. If we have so many MPs, why aren’t we more central to the political debate? You can blame the media all you like, and they certainly do us no favours, but maybe the problem lies deeper than that. If we were allowed to write out own newspaper headlines, do we know what they would be? The approach with which we fought the last election – three bullet points and a reminder that Labour can’t win here – and its continuation after that election have left us with a limited number of headline policies.


Massive failures

Where we do have them, they aren’t necessarily as strong as we try to make them sound. We won support at the last election by campaigning on the massive failures of the water companies, but what would we do about them? The answer is that we would appoint a new, tougher regulator. The trouble with this is that the model promised at privatisation – businesses that displayed market-driven efficiency and went in fear of powerful regulators – has never looked like working. There are two reasons for this, the first of which is that the water industry is a natural monopoly. The second is regulatory capture, the process by which public institutions that are set up to keep an industry in check are subverted so they come to act in its interests. Nothing about the Lib Dems’ proposals for the water industry suggests they have found the answer to either of these problems.

Then there is the party’s performance in opinion polls and local elections. When it comes to the polls, despite the collapse of the Labour vote, we are happy if we see one where we match the 12 per cent of the vote we achieved at the last general election. We may remember Zack Polanski as an ambitious Liberal Democrat who was keener on austerity than most of us, but as James Butler wrote in the London Review of Books

Polanski’s political journey … is sometimes framed as opportunism but in fact reflects the often radicalising economic experience of millennials now approaching middle age.

We need to have more to offer such voters than we do at present.

Our vote is now heavily concentrated in the parliamentary constituencies that we won in 2024. We gained dozens upon dozens of councillors there in May, but I saw debate as to whether we had gained or lost councillors across all the other constituencies. What is certain is that our vote in seats where we have not been active in recent years is as low as one or two per cent, as is demonstrated weekly in local by-elections. And while we are being worried, the party’s membership is generally estimated to be 60,000, which is barely half what it was in 2022.

Many of the areas we now represent are prosperous, which means we must beware of simply representing their interests. Our opposition to inheritance tax on land, for instance, is hard to defend. As far as farmers have a grievance, it’s that the price of land has lost its relationship with the income that can be derived from farming it. But if you allow land to be used as a tax shelter, that problem will not be solved, it will get worse.

In the end, the Liberal Democrat hold on the seats they gained in 2024 may be out of their hands. In order for disillusioned Conservatives to come over to the Lib Dems, it is necessary for them not to be too scared by the possibility of a Labour government. If Andy Burnham turns out to be more Socialist than anyone expects, or at least if the press succeeds in getting the public to see him that way, then there is a danger that those voters will flock back to the Tories, however sensible or moderate we have been.

Against the background of this complicated political landscape comes The New Deal: How the Liberal Democrats Should Go into the 2029 General Election. It’s billed as “a pre-manifesto strategy document from the Yorkist group of Liberal Democrat activists” and, in his foreword, William Wallace explains its purpose:

This paper aims to start a conversation within the party on the narrative we need to construct. We have at most three years until the next election. Too many voters have come to despair of any political party’s ability to overcome the country’s economic stagnation and social divides. Liberal Democrats must find a way to offer them hope that national renewal – economic, social and political – is possible and attainable.”

To that end, The New Deal offers an analysis of the electoral position of the Liberal Democrats, a narrative they should develop before the next election and the policies it says flow from that narrative.

When The New Deal was published in May, it seemed that both the Greens and Reform UK were in line to make sweeping gains at the next election and that the Liberal Democrats would have to change their strategy to take account of this. Since then, both parties have faltered. The Greens appear to have hit their ceiling in the opinion polls and the media have at last started to ask hard questions about how Reform and its leader are funded. This position may change again, of course, but at the moment it seems the 2029 election may be more like the 2024 election than we expected.

Usefully, The New Deal considers the parties along two axes. There is the conventional one of Progressive/Centre Left vs Authoritarian/Orthodox, which sees the Liberal Democrats lined up with Labour, the Nationalists and the Greens against the Conservatives and Reform. From their history, their members and their voters, the Liberal Democrats are inescapably an anti-Conservative party, though that doesn’t mean that, deep down, we are the same as Labour or that ‘Progressive’ is a meaningful political identity rather than just a more impressive way of saying you are against the Tories.

The second axis is System vs Anti System, which sees the Lib Dems (and we still just about deserve this) placed in the Anti-System camp along with the Greens, the Nationalists and Reform, while Labour and the Tories share the System end. 


Anti-system

This ‘anti-system’ concept is a useful one and helps explain why, to the bafflement of the simplicities of social media, there are many voters who choose between Reform and the Liberal Democrats. It’s an identity that I suspect has something to do with being a long way from the centres of power, as voters are in Cornwall or Lincolnshire, and perhaps with the area being a historical stronghold of religious Nonconformity. As academics always say, more research is needed.

The New Deal emphasises the importance of developing a narrative, identifying Keir Starmer’s failure to do this as a key reason for his premiership foundering, but I’m not sure that what they’ve come up with quite fits the bill:

We are a better country than this! We are a kind, welcoming people, proud of our traditions, keen not to be taken for fools, but happy to be a modern, compassionate civic nation. We believe in a helping-hand role for a benign state, but one that doesn’t encroach any more into private lives than is strictly necessary. We believe in giving power back to the people, and in making all votes of equal value. 

This is a collection of four sentences, two of which are immediately qualified with a “but…”, that fails to tell a story. Stories involve movement through time or space, but these words just sit there. And they are statements about the Liberal Democrats when what is needed is a story about Britain today that will make voters nod in assent.

So an effective Liberal Democrat narrative might look more like:

In recent years politicians have looked to party interest rather than what’s good for Britain, the gap between rich and poor has grown too wide, and young people are finding it too hard to get a start in life. We need to rebuild our democracy, make it easier for people from all homes to make the most of their talents, and revive social housing.

That’s what’s on the back of my envelope, anyway.

When it comes to the paper’s policy offer, the cover leads you to expect great things because it has a mock-up of FDR wearing a Lib Dem rosette. In fact, it’s not always clear how different this New Deal would be. There are places where it talks about “success and progress being about more than GDP, including measures of social wellbeing and the environment” and “markets working for society rather than society being there to support markets”, but it’s not clear what these encouraging sentiments would mean in practice. Nor is it clear what the “unashamedly Keynesian” policy it wants to see at the next election would be. It seems to envisage more government intervention in the economy, which is welcome, but Keynes’s great theoretical innovation was the idea of demand management to avoid the cycle of economic booms and slumps. I’m not sure that’s on offer here.

But there are some very good ideas in The New Deal, and not only rejoining the European Union either. There’s a welcome emphasis on localism, and the inevitable support for electoral reform is strengthened by a call for it to be “linked to some form of bottom-up democracy to allow citizens to generate legislation, and to take more control over their local affairs”. There’s a call for the provision of rented accommodation (though it doesn’t say in which sector) and for an emphasis on “doing up the housing at the bottom of the ladder which is a health hazard for many of those living in it”. Education is there too, with a thoroughly Liberal emphasis on the importance of teaching critical thinking.

Above all, it’s great to see Liberal Democrat members publishing their ideas in a long form. Since the demise of Lib Dem News and then political blogging, communication within the party has tended to be very short (hello social media) or very top down. I hope The New Deal will be the first of many such publications.

Saturday, July 04, 2026

"We have blue passports, but everything else has gone south": Andrew George on the failure of Brexit

Andrew George won back the St Ives constituency in Cornwall for the Liberal Democrats two years ago today – he had previously represented it between 1997 and 2015. 

It's estimated that there was a 54.8 per cent vote for Leave in St Ives at the 2016 referendum, but that hasn't stopped Andrew telling it like it is in the Bude & Stratton Post:

There’s been much commentary on the 10th anniversary of Brexit referendum. I viewed it as a test of UK self-confidence. In the event the answer was negative. That we didn’t see ourselves as leaders in Europe. That we believed we were being taken advantage of, and had become rule-takers and had lost control.

That’s not to say I believed there would be no benefits from Brexit. I acknowledged at the time there was potential to "take back control" of fisheries management and marine conservation. However, even that hasn't materialised. Indeed, it's worse – we’re now outside the rooms where decisions are made and have less influence.

Yes, we have blue passports(!), but everything else has gone south. All authoritative sources agree the economy has suffered; now estimated to be at least six per cent smaller than it would have been. Brexit has been a drag on trade and growth, seen a cut in investment, and opportunities – especially for younger people – have shrunk.

Cornwall has been a major loser after decades of EU support. Promises of replacement funding didn’t materialise. I respect those who voted to Leave, and their hopes and desires. But those who led the Brexit campaign should stand up and be accountable. Their lies and stoking of fear may have succeeded, but they it says everything that they have largely avoided public attention during this 10-year review.

Thursday, July 02, 2026

Reg Calvert, Oliver Smedley, Hayek and the nature of liberty


When Oliver Smedley shot Reg Calvert, more was at stake than a row over a radio transmitter. According to a 2011 blog post by Adam Curtis – thanks to a reader for putting me on to it – theirs was a dispute about the very nature of liberty:

A historian called Adrian Johns has written a brilliant book about Pirate Radio in the 1960s, called Death of a Pirate. In it he argues that Reg Calvert and Oliver Smedley represent two completely different kinds of "privateer".

Reg Calvert was part of an old, unruly tradition of true independence and libertarian freedom. A real buccaneer who would ignore rules and the structure of class and power in Britain while merrily going his own way.

Smedley on the other hand was a "privateer" only to the extent that he wanted to bring the private sector back to power in Britain. Other than that he wanted the traditional power structure to remain the same. And to do this he (and his Think Tank) wanted to reinvent the free market as a managed system - managed by them, and any true "privateer" - like Reg - who challenged that power was doomed.

Johns writes about the killing of Calvert.

"At that instant late in Midsummer Night 1966 when Smedley took his fatal decision, two kinds of piracy came into collision. Reg Calvert represented one kind - a kind whose history can be traced back centuries. He was an ingenious and imaginative entrepreneur, opportunistic and ambitious. He spoke in grandiose terms, but his operations were undercapitalized, seat-of-the-pants adventures that might bloom or collapse - as so many radical ventures initially are. The outsider, resistant to all rules.

Calvert represented the kind of pirate that the Institute of Economic Affairs hailed as holding the key to social and cultural progress. But in reality Smedley stood for a different kind of pirate altogether. He was the rational capitalist, well versed in both the maxims of accountancy and the abstract principles of liberal ideology. Privately educated, metropolitan and professional, Smedley saw himself as an agent in the political and cultural affairs of the nation.

It was this that Calvert threatened in 1966 - and what made Calvert so appealing was therefore precisely what also made him so dangerous. And as in military and political life, so in financial and entrepreneurial: Smedley's instinct was to stand fast. Hold his ground."

And the same was true of the ideas of Friedrich Hayek. He wasn't really trying to bring back an old, unpredictable, turbulent laissez-faire system - he wanted to create a new, technocratic system of managed competition that didn't in anyway threaten the existing structure of power.

Before he gets to this argument, Curtis has plenty on Calvert and Smedley and their involvement with pirate radio.

Monday, June 29, 2026

The Joy of Six 1540

"I am speaking out today because many more asylum-seeking children are at risk due to plans to withdraw support and forcibly remove children whose families have failed asylum claims." The children’s commissioner Rachel de Souza says no child should be made destitute to enforce harmful immigration rules.

Zoe Grunewald finds that Brexit has made worse the very problems it was promised it would solve: "What comes in the next decade depends entirely on whether Britain’s mainstream politicians can finally do what it has spent the previous decade refusing to: tell the truth about what Brexit did, who bears the cost, and why the man promising to fix it helped cause it all in the first place."

"That Tory share was its lowest in all 17 sets of full London borough council elections ever held. It was also smaller than every vote share won by the Conservatives in the Greater London administrative area – formally created in April 1965 – in the 16 general elections held since that year." Barnaby Towns finds that the Conservatives are still going backwards in London.

Susanna Crossman sets out to learn more about the beliefs and practices of the folk healers called 'fire-tamers' who operate an "alternative, unofficial and ancient grassroots system of care" across France.

"He swiped, slogged and occasionally savaged, under the guise of scoring 'easier' runs against the new ball given how this pitch is playing. Instead, his 30 off 20 balls created a febrile storm that swept up Jacob Bethell, Harry Brook and Ben Duckett." Vithushan Ehantharajah watches Ben Stokes' last Sunday as England's captain.

Moreau Vazh finds that Witchfinder General, despite its place in the folk horror canon, most closely resembles a Sam Peckinpah Western.

Tuesday, June 16, 2026

Al Carns portrays Labour politics as a form of ancestor worship

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Writing about Blue Labour in Liberator at the start of year, I suggested that:

Maurice Glasman’s target voter is a white working-class man in a manual job in the North of England in 1957.

That makes him a modernist when set against Al Carns, judging by the defence minister's resignation statement in the Commons today.

Here's how Carns began:

As honourable members know, I came into politics for one reason. That was to enact change.

But to be able to work out where you’re going, we must realise where we have come from. The Labour party I joined is one that was chiselled out of the mines of the north-east. It was hammered out of the shipyards of Govan, Liverpool and Belfast. And it was forged in the factories of the industrial revolution.

Calloused hands, sore backs, people who did a hard day’s graft and asked for one thing in return – a government that has their back.

That’s the tradition I serve in this house, and it’s a tradition that shaped that decision I took last week.

Commercial shipbuilding had largely disappeared from Britain before Carns was born in 1980 – what remains is almost all in the defence sector. Brian Potter has mapped its demise:

Despite taking virtually any order that it could get, even at loss-making prices, the UK’s shipbuilding industry continued its inexorable decline. Between 1975 and 1985, the UK’s shipbuilding output declined by nearly 90 per cent, and its share of the world market fell from 3.6 per cent to less than 1 per cent. 
British Shipbuilders began re-privatization in 1983 with the passage of the British Shipbuilders Act, and over the next several years most of those newly privatised yards would close. In 2024, the UK produced just 0.01 per cent of the commercial ship tonnage built worldwide that year. In 2022 and 2023, the percentage was 0.

Potter's whole article is worth reading. It provides evidence for the view that many of Britain's economic problems stem from the fact that our managers aren't very good.

Returning to Carns's speech, coal mining in the North East of England reached its peak in 1923, with the last deep mine in the region closing in 2005. And the Industrial Revolution is generally reckoned to have begun in the middle of the 18th century.

If these are really Carns's politics, then they have nothing to do with Labour's voters and members or with the British working class today. That class, forced to exist on temporary work and zero-hours contracts, are the very people who would be hurt by his enthusiasm for yet more welfare cuts.

So when Carns went on to talk about modernising defence, you feared he was going to demand that eight Dreadnoughts be built or call for an improved flintlock for the infantry. 

In fact he had sensible things about the need to grasp how warfare is changing, which means we can give him the benefit of the doubt and assume that he didn't believe the first part of his statement either. 

But he's not the only Labour politician who, when asked to explain it, makes their attachment to the party sound like a form of ancestor worship.

Wednesday, May 27, 2026

The Joy of Six 1524

"You will know them. They are in every policy working group, every conference fringe, every strategy call. They are the people who hear a proposal for genuine economic reform and say 'that’s outside the Overton window' as if they have ended the argument rather than ducked it. They treat the boundaries of current political acceptability as load-bearing walls, when in fact they are furniture, and we are allowed to move them." Liberal Democrat Tom Reeve introduces us to the Overtons.

"Since 2021, Ellison’s personal foundation – the Larry Ellison Foundation – has donated or pledged at least £257m to the Tony Blair Institute, making it a think tank like no other in the UK. Ellison donations have helped it grow to more than 900 staff, working in at least 45 countries." Peter Geoghegan and Lucas Amin take us inside the Tony Blair Institute and introduce us to its main funder.

Steve Webb says the triple lock cannot last forever, but scrapping it now would trigger a retirement disaster.

"What happened to the master con man? For one thing, as the former reality show star should know, people get bored. The same old Trump shtick gets tiresome; the public's patience with his excuses wears thin. They have heard all the lies, all the Biden blame-shifting, all the 'two weeks away' deadline-shifting. It’s stale." Jennifer Rubin says Donald Trump is losing his grip on US voters.

Chloe Duteil, Daniel Cumming and Jon Winder look back to how London, Paris and New York coped with past heatwaves: "When seeking outdoor relief, most 19th-century New Yorkers headed to the beach – the city is an island, after all. But by the 20th century, they were also planing block parties with plenty of ice from corner store bodegas. On occasion, they also cracked open fire hydrants – a relief strategy that has become a classic trope of New York City summers."

Morgan Jeffery talks to people from Film is Fabulous!, the organisation that recently found, preserved and screened two lost Doctor Who episodes.

Thursday, May 21, 2026

What do we Lib Dems offer the voters Zack Polanski has won over?

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It's easy for a Liberal Democrat with a good memory to find Zack Polanski irritating. His story that he stood for his local council as Lib Dem because he cared about proportional representation, but then joined the Greens because he found he agreed with them more, doesn't square with what we recall of him.

He didn't just stand for his borough council, he also stood for the London Assembly and was dead keen to be our candidate in the 2016 Richmond Park by-election. His complaints when he wasn't selected filled Lib Dem social media for ages afterwards.

In fairness to him, my best researches have found no trace of any democratic process behind that selection: Sarah Olney seems to have been simply announced as the candidate. If this was the case, it was understandable, as the party had found itself without a single woman MP after the carnage of the previous year's general election.

There was little sign of Polanski the eco-populist in those days. Here he is writing on Lib Dem Voice right after that election:

I want a leader who is proud of our Government record, who doesn't have blinkers about where we failed to communicate effectively with the electorate whilst still being immensely proud of what Nick and our colleagues achieved in office.

Well, we can all change our minds – in fact, politics would be better if more people changed their minds – but maybe the thread of continuity between old Zack and new Zack is that both are very good at judging what his audience wants to hear.

Again courtesy of Lib Dem Voice, you can also watch Polanski's performance at the conference rally from 2015 – his speech starts at 24:55 and then, you've been warned, there's music.

The media's attempted gotchas against Polanski – his council tax, his failure to vote and, most worrying if justified, his claimed professional qualifications – don't seem to have deterred voters, but they do suggest a rather disorganised individual.

What they should spend more time asking Polanski, of course, is where the substantial policies to support his rhetoric are and why he so rarely talks about the environment.

But however irritated we Lib Dems feel, a significant section of the electorate feels sympathy with his views. And they are voters – young, urban and radical, but without ancestral loyalty to Labour – that a Liberal party should be winning over.

Writing in the London Review of Books, James Butler gives a kinder account of Polanski's progress, suggesting that his journey is typical of that also taken by many of his new voters:

Polanski’s political journey – he started out as a Liberal Democrat – is sometimes framed as opportunism but in fact reflects the often radicalising economic experience of millennials now approaching middle age. 
Many of the instinctive policy positions of Green supporters are the common sense of a decade ago: opposition to austerity, borrowing for infrastructure, rent control and social housebuilding. 
But the environment has changed: borrowing is harder, energy supply unstable, inflation a drag, wages miserable; the world is less stable, chaos and conflict are inevitable. There is an opportunity to frame a coherent Green politics in response to this moment – an egalitarian politics of public affluence and energy sovereignty – but it cannot be a cargo-cult Corbynism.

What do we Lib Dems have to say to people radicalised by their economic experience over the last 10 or 20 years? Providing a good answer to that question will be key if we are again to be able to win seats outside the affluent South of England.

Monday, May 18, 2026

The Joy of Six 1520

"I saw a man wearing what seemed to be a hybrid of Hell’s Angels and Crusader outfit, with horns protruding from his shoulders, but I can’t be sure whether this was a political identity or Game Of Thrones fancy dress. Those two are very close together in the imagination of 'Western crusaders', judging from some of their on-line output." Discontinued Notes was in London on Saturday, the day of the Unite the Kingdom march.

James Graham suggests Andy Burnham's attempt at a political heist may turn out more Fargo than Ocean's Eleven: "He’s already watered down his commitment on rejoining the EU, something Wes Streeting is having fun undermining. This follows the 'Red Wall' seat logic of not challenging Reform on their favourite topic. We should not be at all surprised therefore if he waters down his criticisms of Labour’s hostile policies on immigration."

John Lanchester is our guide to the extraordinary world of money laundering. He explains why, when we're all using cash less and less, there is more of it in circulation than ever.

"The government has kept tight controls on the research into cannabis-based medicines, making it prohibitively expensive and a bureaucratic nightmare for scientists to build up the evidence base that would be needed for a wide rollout of the treatment on the NHS." Kojo Koram explains why the legalisation of medical cannabis has had so little effect on the patients who might benefit from it.

Amy Boucher explores the Devil's immanence in Shropshire: "Throughout Shropshire, the Devil is referred to in familiar terms, with epithets such as 'Uncle Joseph', 'Owd Nick', 'Owd Scratch' and 'Owd Mon' used to describe him. These appellations portray a stark familiarity and provide a sense of personhood to the forces that the Devil may represent."

"Beyond his unusual appearance and miraculous shots, there was further mystique because everyone thought they were watching an Indian prince. His skills were clearly a product of the East: mystical, unusual, magical. To many, he was a conjurer. And Ranjitsinhji played on the association, knowing that it helped to paint the picture he wanted. Because nothing was quite as it appeared." Giles Wilcock on the Edwardian conjurer of runs and myths.

Monday, May 11, 2026

Frank reaction today to the Lib Dem election performance

"Am I alone in thinking our response to the local election results is a little too self-congratulatory?" asked David Vigar on Liberal Democrat Voice this morning. We can safely say he is not alone, judging by comment on that blog and further afield.

Next up on Lib Dem Voice was Shaun Ennis:

No one has ever asked me to devise an idea for Ed Davey’s next stunt. But if I was approached from on high, I might suggest having him wade through a river of treacle.

That’s how it feels trying to spread the Liberal Democrat message in the North of England these days.

It’s been an underwhelming set of elections in our part of the country. Despite some notable and very important exceptions such as Stockport, Preston and Sefton, the Liberal Democrats have failed to cut through with what has been a predominantly nationally motivated electorate.

And Johan Prinsloo saw a similar pattern in London:

We saw major success stories in Brent and Ealing, with the local parties there making significant gains on Labour. Our ground game all across London was a marvel to watch, and the establishment of a 100 per cent majority in Richmond, as well as maintaining/improving large majorities in Kingston and Sutton is something to champion going forward. 
These are emblematic of our strong ground game resonating well, when there was a record of results behind them. 
However, it is also important to accept the reality of the situation that we have underperformed in many areas, even just in London. Our major target of Merton has fallen flat with only two councillors gained. 
Also, in Lambeth, Southwark, Islington and my home borough of Croydon, expected gains have somehow evaporated and in some areas, paper candidate Greens in areas like Newham, Barking and Enfield have won without ever campaigning!

While Tara Foster detected a malaise than goes beyond disappointing election results:

In my view, from 2024, we've been electorally and politically stagnant, and the Party has forgotten how to be an effective campaigning machine. Many MPs are well-educated, but their expertise is being wasted. 
For example, we don’t have the tax experts working on treasury matters, and as a result we had Daisy Cooper come out with the politically-weightless idea of a Trumpian "Department of Growth" with a tagline of "Get Britain Growing Again."

James Graham, a fellow survivor of the golden age of Lib Dem blogging, has also gone deeper on his own Quaequam Blog!:

The party continues to do well in places where it has been doing well in recent years, and continues to decline in areas where it took a knock during the coalition years. The areas it does well tend to be rural, formerly Conservative dominated areas and it continues to decline in areas that historically were dominated by Labour. In the latter areas, the Greens have completely eclipsed the party.

Even in places where the party was doing well in recent history, such as Hornsey and Friern Barnet (most of which represented by Lynne Featherstone until 2015) and Manchester Withington (most of which was represented by John Leech), the Greens have replaced the Lib Dems as the main challengers to Labour. Wales, with the exception of a single MS in the form of Jane Dodds and a smattering of councillors, is now a no-go area for the party. ...

As some have pointed out, the extent to which the Lib Dems now represent the richest parts of the UK is quite striking; at the top end, Lib Dem MPs represent even wealthier areas than the Conservatives. No wonder Ed Davey has been quite as hostile to any suggestion of redistributing wealth as he has been over the last couple of years.

And this is my worry too. If we are increasingly drawn to campaigning on the grievances of these comfortably off constituents, then our policies are going to seem at best irrelevant to much of the country.

Let me end with an observation on Keir Starmer and Ed Davey from the Commentary in the current issue of Liberator:

There are worrying similarities in the predicaments of the leaders of what are traditionally the two main centre-left parties as they try to contend with both the Greens and Reform.

Both became leader by replacing an extremely unsuccessful predecessor, both conveyed an “adults are back in charge” air of calm competence and both won bigger than they can have dared hope in 2024.

Since then they have both shown little sign of knowing what to do with that success, both have struggled to manage a larger than expected parliamentary party and both have been unable to clearly articulate in public any narrative about what their party is for and what it wants to do.

While Starmer has made a series of u-turns Davey has made a series of diversion side turnings while not really getting anywhere. British missiles? A new Magna Carta? Splitting the Treasury? Defence bonds? Some of these ideas may have merits but nothing links them and they get the public no nearer to knowing what sort of country they would be living in were the Lib Dems in power.

That issue is no. 434 and you can download it free of charge from the magazine's website. You can also sign up to a mailing list there so you are informed each time a new issue appears.

Friday, May 08, 2026

"Oligarchs" all live in countries we don't like

A footnote from Sami Timimi's Searching for Normal:

There is a habit of referring to oligarchs as the super-rich in countries we don't like, but not to extend a similar label to such a stratum in our own countries; on the contrary, individuals like Jeff Bezos, Elon Musk and Bill Gates are often seen in more heroic terms as great innovators.

I'm not sure about the gramar, but the point is a good one.

Wednesday, May 06, 2026

The Joy of Six 1514

Simon Nixon reviews Hettie O'Brien's The Asset Class: How Private Equity Turned Capitalism Against Itself: "This is an industry that takes the private part of its name with deadly seriousness. It usually exercises total control over its operations, deploying financial muscle rather than charm to enforce submission and cloaking almost every aspect of its business – the provenance of its money, the performance of its companies – in secrecy. Yet over recent decades, private equity has quietly captured vast swathes of the economy and accumulated political power for which it is rarely held publicly accountable."

"For a long time, peatlands were treated as marginal, soggy places at the edge of more useful land. Peatlands are now becoming central to climate regulation, water security, biodiversity and the livelihoods of many people who live on and around them." Alice Milner on her research into peatlands and tackling climate change.

Norman Baker explains why buses in central London are slower than their horse-drawn counterparts were more than a century ago. He also has suggestions for speeding them up.

Danny Chambers is campaigning against the cruelty often involved in breeding what are, to my eye, ugly animals. "Across the UK, more and more dogs and cats are being bred to look fashionable or cute. But this can come at a serious cost to their health and welfare."

"The film encompasses many influences – neorealist working-class documentary in its early Belfast set street scenes; poetic realism in its studio-bound aspects and fatalism; noir thriller; and expressionist reimagining of Greek myth, as a fatally wounded Johnny is left behind in the botched escape and a rogue’s gallery of the city’s denizens alternately help and hinder his path through the Underworld entries, bars and rain-slicked slums of a darkened, almost Dickensian city." Tim Pelan sings the praises of Carol Reed's Odd Man Out (1947).

"As time went on, I felt more in control of the thing, and stopped fearing that I was going to show myself – and all womenkind – up, by passing out from the heat, more relaxed and more appreciative of the experience. The engine is indeed a star. There were waving people on every bridge, and we passed a campsite with lots more waving people. I got so keen on waving back to them that I almost forgot my job." Stephanie Gaunt learns to drive a steam locomotive.

Thursday, April 23, 2026

The Joy of Six 1508

"Between calling for an end to 'the postwar neutering of Germany and Japan' and a reinstatement of the draft, Palantir also demanded an end to cancel culture and more competitive pay for civil servants. One particularly disturbing point makes the claim that some cultures are objectively superior due to the advances they've made in technology, while 'others remain dysfunctional and regressive'." Cydney Hayes reports on the backlash against Peter Thiel's company Palantir.

Tanya Park defends Lib Dem South Cambridgeshire and its four-day week: "Its staff complete 100 per cent of their work in 80 per cent of the time, for 100 per cent of the pay. The government told them to stop. They didn’t. The results came in: £371,500 in annual savings, a 120 per cent rise in job applications, a 40% fall in staff turnover. Services maintained. Budget improved. Staff retained."

"Building more homes is necessary. But announcing that the mechanism for financing this expansion will unlock £53 billion of additional private lending into the housing market is not a break from the pattern. Channelling more bank credit into residential property is the pattern. If the credit mechanics are left intact, developers and existing owners will capture the gains while affordability ratios drift further from wages, exactly as they have done after every previous supply intervention." Vincent Gomez analyses Rachel Reeves' attempt to make housing more affordable.

"To remove benches, or to curate who gets to sit, is to abandon the work of defining a civic ideal and determining, together, how to live up to it. When seating disappears, our relationship with public space becomes more grudging and utilitarian. Benches are symbols of hospitality, an invitation to participate in the civic realm." Gabrielle Bruney on the disappearance of benches from public space and what it means.

Henry Jeffreys supports the right of English whisky producers to do things differently from the giant Scottish whisky industry: "There are now 69 whisky distilleries in England, up from 61 in 2025, with 40 having mature whisky available for sale. It seems bizarre to tie this tiny, fledgling industry so closely to its northern behemoth."

Marc Morris slays some myths about England and St George - he didn't gain popularity in England until the 15th century, and Richard the Lionheart had nothing to do with his adoption as our patron saint.

Tuesday, April 07, 2026

Why the Lib Dem fuel duty cut would not reduce petrol prices

I don'r recall any debate about it within the party, but it's now Liberal Democrat policy to cut fuel duty by 10p. This, we claim, would bring down prices at the pump by 12p per litre.

But I don't believe it would.

Petrol prices at the pump have gone up because the US attack on Iran has led to less crude oil coming on to the world market. This has increased wholesale prices.

The Liberal Democrat fuel duty cut would do nothing about situation in the Gulf, so no more oil wuold be available for refining.

What it would do is give motorists a bit more cash to spend. And in the absence of any increase in the supply of petrol, that cash would bid up prices at the pump more or less by the amount of the duty cut.

You should add ceteris paribus after any statement about the economy, if only to make yourself sound learned, but I can't see any flaws in this argument.

I feel a certain nostalgia for the years the days when the Lib Dem front bench included Vince Cable, David Laws, Chris Huhne and Steve Webb. We need to have something more substantial to say about the economy than this.

Tuesday, March 31, 2026

The Joy of Six 1497

"A child who grew up in the United Kingdom, attended British schools, made British friends, and considers this country their home will find, at the threshold of adulthood, that the system treats them as a temporary guest. That is a remarkable way to build community cohesion." Labour's plans on earned settlement are a social policy disaster in the making, argues Colin Yeo.

Alan Rusbridger asks if Britain has stopped believing the freedom to protest: "The police burst in, broke up the gathering and arrested everyone involved. They carted them off to the cells, confiscated their phones and, in at least one case, raided their home and took away all the family laptops and hard drives. The crime? Er, well, there may not have been one. Welcome to Britain in 2026 and the increasingly harsh way we handle not even protest, but the very thought of protest."

"Two centuries ago, [Thomas] Spence and his followers fought for universal cash payments because enclosure had made ordinary people too dependent on landowners for their livelihoods. They did not emphasise that money would be good for people, as proponents do now. They argued that money was owed to people." Will Glovinsky explores the historical roots of the idea of a universal basic income.

Kate Moore on the major hedgerow restoration programme at the National Trust’s Wimpole Estate in Cambridgeshire.

Municipal Dreams says Lincoln offers an interesting case study of the early drive to build affordable housing for working people: "Back then this was almost universally understood to be, of necessity, council housing, and the drive to build came – admittedly with political flavouring and different degrees of intensity – from all parties. There was also significant influence from local pressure groups, generally not radical in politics but sharing a common belief in the duty of the local state to house those in need."

"The character of Raffles looks forward to Bulldog Drummond, the Saint and, even more so, James Bond: the unflappable elegance, the insouciant brutality and the brand names (Raffles’s Sullivans, Bond’s Chesterfields and Morlands), the insistence on the best champagne and on the shaken-not-stirred martinis. The escapades of both heroes deploy the latest miracles of technology." Ferdinand Mount considers E.W. Hornung and his anti-hero Raffles.

Monday, March 23, 2026

The Joy of Six 1493

"Australian politics is beautifully, exquisitely, delightfully boring. It is boring in the way it used to be back home - sane, predictable, restrained, broadly rational, and consisting mostly of retail offers to voters rather than screeching rhetoric about identity and culture war." Ian Dunt says Australia can teach Britain how to kill populism.

Rose Runswick fears the Liberal Democrats have accidentally voted for a surveillance state: "Let us be clear, the tech lobby wants this ban to happen so they can have more data to push their agendas. We have seen this with Peter Thiel, an American plutocrat who claimed, "I no longer believe that freedom and democracy are compatible," and the use of medical data to help create the ICE raids we see now in America."

"She traces the rise in entrepreneurship to changes in working patterns since the start of the Covid pandemic in 2020, when large numbers of people realised their jobs could be done from anywhere with a laptop. Across the UK, coastal towns saw a surge in interest." Zoe Crowther asks if digital nomads can breathe new life into failing resorts.

George Palmer-Soady warns against complacency about the regeneration of Nottingham's Broad Marsh: "Not only would any 12-storey building of its kind block the sunlight from shining over the beautiful Green Heart park, but it would serve as a grim reminder of everything the Broad Marsh had set out not to become."

George Scialabba salutes the moral beauty of George Eliot's Middlemarch.

"A couple of weeks ago I was asked on Times Radio whether I believe in fairies, and I suspect it is a question I will get asked a lot more now that Fairies: A History is published." Francis Young introduces his new book.

Thursday, March 12, 2026

Achieving economic growth takes more than booing Nimbys

New housing at Wellington Place, Market Harborough


There's an article on Liberal Democrat Voice today by Steve Wootton announcing the formation of Lib Dems for Growth. The group will have a stall at the York spring conference this weekend.

Economic growth does sound like the answer to our prayers, though the environmental constraints on it are becoming more apparent. But that's not what worries me about the statement from the group that Steve quotes.

Like a lot of people who call for economic growth, it rather assumes that British industry would leap into action and deliver growth at a startling rate if it weren't for the stage army of planning officers and Nimbys that they bring on to be denounced.

As far as there are problems with the planning system, I suspect they run deeper than people getting up petitions against new housing development. For one view of what's wrong, have a look at the paper Dan Davis wrote for Labour Together: Build the rail! Save the snails! How to really fix UK infrastructure planning.

In it he argues:

UK infrastructure projects cost significantly more than European equivalents, and the time and money spent on the pre-construction phase is greater here than in any other country. This is because our system treats projects as "guilty until proven innocent" and provides feedback too late to correct course efficiently. 

Developers, consultants and planning authorities all respond to uncertainty by over-mitigating potential objections. The cause is not environmental regulation itself, but an adversarial planning system that incentivises pre-emptive risk aversion.

But what if the problem lies deeper still? What if our industry isn't well placed to make that great leap forward?

Chris Dillow often writes about the poor quality of British management. He talked about this subject on Nick Cohen's podcast Writing from London a couple of years ago.

And he wrote about it on his own blog not long before that. As with planning, a large part of the problem is systemic rather than down to individual delinquency. When it comes to British management, the problem is that there are perverse incentives that lead to mangers not striving to perform better.

Yet, as Chris points out:

Whether it be efforts to weaken trades unions or to "strengthen work incentives", both Labour and Tory governments have for decades seen their task as ensuring an adequate supply of quiescent labour. Ensuring an adequate supply of good management, by contrast, has barely figured as an objective.

It seems that calling for a higher level of growth in the British economy may be a more radical policy than its enthusiasts realise.