Skip to main content

Posts

The UK needs more, not less, austerity

  First of all let me say that this is a hill I’m willing to die on. In fact, when I hit “publish” and Starmer’s thought police inevitably come knocking on my door, I will proudly tell them that I regret none of what I’m about to write. My goal with this article is to divide my readers into two groups: the ones who love austerity (most of you will fall into this category by the time I’m done brainwashing you) and the ones who never have, and never will, understand the intricacies of primary school maths. Let’s start with a definition: what is austerity? Austerity is a broad term used to refer to policies that reduce the deficit/debt of a country, either via spending cuts, increased taxation, or both. The objective is to drive the deficit (and ultimately the debt) down, something that can hardly be argued is a bad thing to do, especially in countries that face the challenges of a rapidly ageing population. Quick note for everyone: the deficit is the difference between what the state...
Recent posts

Italy’s love for the big state is a cultural remnant of fascism

 Today we are going to make Italians mad. And no, we will not be breaking spaghetti – something that my Italian family has been doing for generations, no, centuries, before TikTok videos started circulating claiming that Italians don’t break spaghetti. We do, in fact, break our spaghetti, just like any sane person with a functioning brain would do when the spaghetti clearly doesn't fit into the pot. I actually used to sometimes not break my spaghetti, but now I always do so out of spite: it gives me both physical and emotional pleasure to know that the Italian gods are frowning upon my heartless breaking of spaghetti. As much as I would love to talk about how only people living in a hopeless country could get brutally angry about other people’s freedom to break spaghetti, and how this relates to Italy still being a fundamentally fascist-loving country at heart, the topic I suggest for today is the following: the link between Italians loving the big state and Italy having experienc...

The UK risks alienating the world’s best talent

  Keir Starmer’s new immigration plan is an obvious and clumsy attempt to court Reform voters. What is worse is that it won’t make anyone happy: the Labour party has a traditionally immigrant-friendly stance and won’t be happy, Reform voters will see through this pathetic attempt to bring immigration numbers down, and highly skilled immigrants won’t be happy because they are being targeted unfairly. The UK, and especially London, attracts millions of talented workers from all over the world. Some come to stay, and some leave after a while. They work in tech, finance, and pretty much all the sectors that make London the economic engine of the country. Let’s be clear about something from the start: the UK does NOT have enough homegrown talent to fill all the high-skilled vacancies in UK companies. These highly productive workers are a scarce and valuable resource, and unless we find a planet with (very) intelligent life tomorrow, we have to live with the fact that high-skilled worker...

The root cause of all American evils

TL;DR:  it's the two-party system. Longer version: it's the two-party system. Yes, really. Full version: When Americans go to the supermarket, for every product they want to buy they are overwhelmed by choice. Cereals, tomato sauce, apples -- everything is available in all shapes and flavours, with multiple brands competing with each other and products coming from all over the world. I am writing this before the tariff-induced famine. When Americans go to the polls, it looks a little bit different. There are, realistically for most of the country, only two options. This is a problem because when choice is limited, quality isn't incentivised. Going back to the supermarket example, imagine that there are only two brands of cereals you can buy: well, that isn't really a lot of options, and you might very well end up buying the cereals that you "dislike the least" rather than the ones you "like the most". As if that was not bad enough, the only two brand...

Forget tariffs – America now has a bigger problem.

20, 50, 41, 34 – these seemingly random numbers are actually some of the rates at which Trump was going to impose tariffs on imports. That is, before 34 became 145, and before everything else was set back to 10, and before he exempted laptops and smartphones altogether. There is, as the most observant among you might have noticed, a little bit of confusion coming out of the White House. Blanket tariffs on all products and all countries based not on any economics fundamentals but rather on a childish desire to balance the surplus/deficit ratio is an idea that is frankly not worthy of my criticism. Countless economists over the past 10 days or so have wasted copious amounts of words on why the economics of it is completely absurd. Politically, I sympathise with the ultimate goal of shifting some of the production of goods back into western countries, both because it is a matter of national security to not be completely dependent on other countries (especially where one country has a mono...

Trump's tariffs offer a not-so-rare glimpse into the incompetence of this administration

There is something wrong about Trump's tariffs, and it's not just the numbers being all over the place. There is something else, something that runs much deeper and that underpins every mistake by this administration: Trump is trying to explain very complex concepts in the easiest possible terms, oversimplifying reality to please his base. If you watched live, your jaw too must have dropped when Trump welcomed an auto worker to the stage -- someone, we're told by Trump, who "understands this business a lot better than the economists". While I don't doubt he might be better than whatever "economists" the Trump administration hired to set the tariffs, it is hard not to see the point Trump is making here: economics is simple, the "elites" are stupid, and I am here to explain to everyone how easy it is to get economics right. Except the global supply chains, trade deals, currency exchanges and goods flows are much harder than Trump can even hop...

The UK's surveillance state must not be accepted

So it happened. London's Met police announced that the city will get its first permanent camera equipped with facial recognition. The first one will be deployed in Croydon, with the Met police saying they could extend the surveillance to other areas. This is another step towards the UK's recent ambition to become a surveillance state -- some of you might have noticed that the government is also trying to gain access to Apple users' end-to-end encrypted data. This isn't fine, and it doesn't matter how lofty the intentions behind these attacks on people's privacy are. "We're fighting crime" isn't a good enough excuse, not when crime in the city is going through the roof and the police is doing nothing about the amount of stabbings, thefts, and phone snatching that is going on in the capital. There are many ways to fight crime, but the Met seems to be more interested in merely logging crime and producing nice charts at the end of the week, somethi...