Aveek Bhattacharya

@aveek18.bsky.social

Strategy Fellow, Global Health & Wellbeing at Coefficient Giving. Views my own

I think this totally fair, but in exchange I want a personal thank you letter from Clarkson for the £250,000 that his farm got from government subsidies that come from my tax money. I don't want a form letter, I want him to write it like he means it.

Politics UK@politicsuk.com · 3d ago

🚨 NEW: Jeremy Clarkson says benefits claimants should be forced to write a genuine thank you email to a random worker every week “It is SO kind of you to go to work every day so that I don’t have to. Thanks to you I was able to buy an even bigger television this week”

Yeah, exchange rate management is one of the biggest and least obvious noticed gaps between what I was taught in macro and actual econ policymaking. My recollection is that it was obvious that exchange rate was the bit you let go in the monetary trilemma, when reality seems more of a fudge

Duncan Weldon@duncanweldon.bsky.social · 2d ago

Something that has also slightly puzzled me. When I was being first being taught macro, the consensus of my tutors seemed to be (i) freely floating exchange rate regimes are always preferable. And (ii) the Euro (already virtually trading, coins & notes not yet issued) was a good development.

One way to sharpen this: should we be more or less confident in the ability of societies to make the substantial sacrifices of pandemic lockdowns today compared to 2019? On the one hand, we gave the existence proof of what happened. On the other, we have the legacy of exhaustion and mistrust.

David Henig@davidheniguk.bsky.social · 3d ago

Since some folk are back on covid lessons, here's what I find most interesting - that the vast majority of people and countries reacted and adapted magnificently, but that this has broadly been forgotten in our modern day grumpy online culture.

I'm unsure what to make of this. On the one hand, it's evidently correct. On the other, VAT is basically the most unpopular tax, can you really just increase it without consequence? Cos that implies you can basically do anything. And places like Japan have struggled to raise consumption taxes.

Duncan Robinson@duncanrobinson.bsky.social · last wk.

Lesson from Osborne VAT tax rise is that you can stick 2.5% on it, raise bajillions and no one will care in a year

Great to be featured in today’s First Edition talking about care reform. Andy’s committed to change - the good news is that while we’ve delayed reform other countries have figured out what to do & how to pay for it. Japan, Australia, New Zealand have all made the system more generous (1/

Hettie O’Brien@hettieobrien.bsky.social · last wk.

This morning’s First Edition is about the most exasperating, decades long debate in British politics - and what Burnham might do differently this time www.theguardian.com/world/2026/j...

5/ We see compulsory voting as a response to that. Because voting is a duty - if we expect people to pay taxes or do jury service, why don't we expect them to take part in our democratic system? And because many more of us are less well represented because of low and unequal turnout.

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More than this, it seems like a failure of sense checking? When I encounter a number that seems outrageous or shocking, my first assumption is that someone (probably me) has made a mistake or misinterpreted something. Good citizens should do the same, let alone decent journalists.

Sam Freedman@samfr.bsky.social · last wk.

It's not just that they got it wrong it's that believing the original shows such a fundamental misunderstanding of the immigration system.

I'm surprised how few people in politics and policy haven't noticed the extent to which the civil service is already out of Whitehall and working across locations. I had some apprehensions but zero problems working for Treasury from Darlington (or indeed home in York)

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I don't think it's emphasised enough how remarkable it is that the most popular politician in the country is someone who has been around for 20 years. The normal thing is that the more the public sees of someone, the more they grow to dislike them.

Chris Dillow@chrisdillow.bsky.social · 2w ago

I don't remember Burnham having this relaxed communication manner in his 2010 or 2015 Labour leadership contests. Which shows he can learn - & if he can learn this he can learn other things too. This alone elevates him above his recent predecessors.

Except they give small businesses all manner of reliefs and subsidies from the VAT threshold to business rates to NICs to apprenticeship levy. Rhetorically they are the "backbone of the economy" where big business is vaguely sinister.

David Henig@davidheniguk.bsky.social · 2w ago

The government (of whichever party) really doesn't like freelancers or small businesses, who they regard as against the correct order of being, which is unfortunate when increasing numbers work in exactly these places.