Bhav

@bhavkhatri.bsky.social

Theoretical physicist/biologist. Interested in evolutionary theory & inference, statistical mechanics of genotype-phenotype maps, virus evolution, and DNA/chromatin polymer physics. bhavkhatri.io

Mahmood has been a divisive figure as home secretary & if appointed I hope she is more left on economics, but we have a lefty PhD economist Labour MP in Miatta Fahnbulleh! Here's a radical idea: why not have a Chancellor actually trained in the subject!!! @andyburnham.bsky.social

Shabana Mahmood expected to be named Andy Burnham’s chancellor

The home secretary is the frontrunner for the role ahead of ‘risky’ Ed Miliband, according to senior Labour figures

theguardian.com

@andyburnham.bsky.social should be radical & appoint @miattafahnbulleh.bsky.social as next Chancellor. With a doctorate in economics, she understands nature of challenge to reinvigorate Britain's economy, but it also deftly side steps issues with Milliband's marmite like brand! #Labour #Burnham

Andy Burnham urged to be radical on economy to help Labour win next election

Exclusive: Poll shows policies such as rent control and higher wealth taxes could fend off Reform UK in key seats

theguardian.com

What we need—more or less— is to go back to his theories post war, under which western countries flourished with much lower inequality. Sadly, classical & neoliberal economists managed to rewrite narrative to blame Keynes for 70s "crisis"— when an external shock was to blame!

Marcus Chown@marcuschown.bsky.social · last mo.

“Capitalism is the astounding belief that the most wicked of men will do the most wicked of things for the greatest good of everyone." - John Maynard Keynes

I've been thinking recently way history repeats itself re getting economics wrong & culmination of WWII (where Germany resulted in far right coming to power & racist pogrom) will be it's effect on inaction on climate change & economic disaster & global conflict that will ensue... #Burnham #Labour

European heatwave is worst ever and impossible without climate crisis, scientists say

Study also finds high humidity means people in hundreds of cities are enduring their worst ever heat stress

theguardian.com

..will it frighten the bond markets? “I don’t know any government in global north.. penalised by the bond markets through a smart strategic investment strategy,” says Mazzucato. “Truss.. was penalised for having most idiotic tax policy ever, it had nothing to do with investment.” #Burnham #Labour

‘Make people dream’: how to build an economy for the common good

Economist Prof Mariana Mazzucato says governments must ‘get back their mojo’ and believe they can change the world

theguardian.com

Congratulations to Andy Burnham. But this isn’t a team of advisers which looks like challenging wealth and power. The race for Greater Manchester mayor starts today and it’s Greens v Reform.

Burnham advised by ex BOE, Goldman economists ahead of UK pm bid.

As Labour gov want to water down electric car targets under pressure from industry (and sadly trade unions), which will cause the stalling of the role out of car charging infrastructure, these plots shows how myopic and feckless Keir Starmer really is!

Akshat Rathi@akshatrathi.bsky.social · 2mo ago

Every country in this list is less dependent on energy imports if it gets on track for a net-zero world, including the US. Though US gains are the least! From BNEF's New Energy Outlook for 2026.

Every country in this list is less dependent on energy imports if it gets on track for a net-zero world, including the US. Though US gains are the least! From BNEF's New Energy Outlook for 2026.

Bild

It is really horrendous that Jewish people are being targeted with violence—no matter where you stand on what Israel is doing in Gaza. But this morning I heard a lot of conflating of Israel with being Jewish & trying to link pro-palestine protests with these attacks with no real evidence! #r4today

"What a nice friendly chat with Farage, he must be such a nice man, I don't know why everybody hates him so much" FFS Justin Webb do your effing job & hold his feet to the fire! Let's see how friendly they are with Zack Polanski #r4today

Should far right gain power and it all goes a Pete Tong fascist style, then history will look back at the complicity of the media like Nick Robinson who airs comments & doesn't challenge them like from the guy "who is not a racist", but blames immigrants for sponging off benefits! #r4today

Good news earlier that the gov is looking at breaking the stranglehold that gas prices has on all energy prices. It was Thatcher who introduced this marketised marginal pricing system, yet for some reason it has taken a crisis for Reeves to finally reevaluate!! #r4today

This is what we are building with the Global Council for a Common Good Economy launched today with Deputy Prime Minister of Spain Carlos Cuerpo. At Global Progressive Mobilisation plenary with Lars Klingbeil, Vice Chancellor of Germany, and Paul Magnette, President of the Belgian Socialist Party.

Prof. Mariana Mazzucato and Minister Carlos Cuerpo launch Global Council for a Common Good Economy

New council challenges economic orthodoxies that failed to deliver opportunity, security and dignity for most — and sets out an alternative grounded in justice, equality, sustainability and solidarity

ucl.ac.uk

We've known since 70s human emissions were causing a warming globe. It sadly coincided with rise of neoliberal economics which only understand costs of things now & not their long term value. Now we don't need neoliberal economics to further paralyse gov from acting against it's effects. #r4today

For once there is some nuance in discussion of BoE interest rates and *external* shock inflation and fact that raising them just hammers the economy. But still shows that much is classical economics — which people at BoE are trained — defies common sense!! #r4today

bsky.app

Bhav@bhavkhatri.bsky.social · 5mo ago

BoE increasing interest rates to tackle an external shock to prices because of US-Iran war is like there being a fire raging outside your home and then expecting that turning down the thermostat will deal with it!! #r4today #econsky

I love way #r4today do proper investigative journalism for news stories that help demonise asylum seekers, but when it comes to a proper analysis of our monetary & economic system, failure of neoliberalism & vested interests these policies protect, they continue instead to be their mouthpieces!

Absolutely idiotic statments that somehow welfare spending prevents increased defense spending! And btw we only need increased defense spending because the world is being destabilised by likes of Trump and Putin. At least in Trump case his election was a failure of economics by Democrats! #r4today

If we had a decent journalistic media after Brexit vote & even now, each time ukip/Tory/reform would say phrase "betrayal of Brexit" in respect of single market/customs union then they would say neither of these was on the referendum question & not was it part of the leave campaign!!! #r4today

There are always trade offs and there is no free lunch, but this neoliberal economic discussion between Streeting and Darbyshire enforces an artificial scarcity to constrain gov spending within arbitrary fiscal rules! Gov don't have a finite pot of money like a household! #bbclaurak

I've somewhat changed my mind about AI having used Claude & Deepseek they are incredibly useful tools. We ofc need to make sure they are just that — tools that aid human ingenuity and creativity — but like energy & defense, we need to be self-sufficient & UK needs to invest. #r4today