political economy

Melania, or: How to Make a Hit Movie No One Can See

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I was in Barcelona last weekend. One of the world’s best cities. It also happened to be the opening weekend of Melania, the new documentary about Melania Trump, and the promotion was impossible to miss. A massive billboard dominated Plaça de Catalunya. Every bus stop seemed to have her face on it. Amazon money, very … Read more

UK Government Debt and the Budget: What Really Just Happened?

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Rachel Reeves debt interest

What happened in the budget? Last week Rachel Reeves delivered the Government’s latest budget. It arrived amid a fog of leaks — some accidental, others clearly not — and a week of breathless speculation about market panic. In reality, there was a modest increase in the interest rate the Government pays on its borrowing. But … Read more