Philip Taylor
@philipjtaylor.bsky.social
2.9K followers 910 following 8.5K posts
Commercial and Agricultural Property Solicitor. Companion of John Ruskin's Guild of St George.
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philipjtaylor.bsky.social
I could have packed in at 66 but I'm one of the 15% still working.
Reposted by Philip Taylor
julianhjessop.bsky.social
Chart of the Day... 🤔

It's very unusual for payrolled employment not to rise - outside of pandemics.

But Labour has managed it.
Reposted by Philip Taylor
nber.org
NBER @nber.org · 19h
Huge haircut in valuation by Chinese firms listed offshore, from Qu Feng, Shang-Jin Wei, Guiying Laura Wu, and Mengying Yuan www.nber.org/papers/w34341
Reposted by Philip Taylor
julianhjessop.bsky.social
By popular demand, here's a chart of the IMF's forecasts for GDP growth *per capita* in 2025 and 2026, which is a better measure of changes in living standards than the headline numbers... 🤔
Reposted by Philip Taylor
jdportes.bsky.social
Indeed.

The government has chosen to prioritise reducing (skilled, legal, for work) migration over growth and hence over improving public services.

No economic rationale - but even worse, no political rationale either.
stephenkb.bsky.social
One mistake Labour made in their first year is loading quite a few new costs onto business all at once. They are risking doing something similar on immigration, I think.
philipjtaylor.bsky.social
Shades of Speer's Germania.
Reposted by Philip Taylor
actuarybyday.bsky.social
2-in-5 men die prematurely according to charity Movember, but what exactly do they mean?

It was great to be able to join Tim Harford and the 'More or Less' team on BBC Radio4 this morning to discuss life expectancy statistics and what they really mean.

This one may not mean what you think it does!
Reposted by Philip Taylor
sjwrenlewis.bsky.social
Broadly correct, except the far right in office is far more corruppt than the people they replace.
graceblakeley.substack.com
The far right is corrupt to the core #Reform
Reposted by Philip Taylor
chrisdillow.bsky.social
Two things can both be true:
1. Many people don't invest as much in equities as they reasonably could.
2. Using the tax system to encourage them to do so would do nothing to boost growth, other than enriching high-charging active fund managers.
Reposted by Philip Taylor
jorntychsen.bsky.social
Very good news if this holds true. We could use some more of that for the green transition.
keithdpatch.com
Trump threatened sanctions against countries that vote to approve the International Maritime Organization’s Net Zero Framework for greenhouse gas emissions, but support increased ahead of a final agreement in coming days.

Get ready #GreenHydrogen #GreenAmmonia #GreenMethanol
Reposted by Philip Taylor
robin-j-brooks.bsky.social
Great John Authers piece in @bloomberg.com on why China chose to escalate the trade war using rare earths. The consensus is that it's using its monopoly position to squeeze Trump, but the deeper story is that its exporters are hurting, so China has to go for broke.
www.bloomberg.com/opinion/news...
What Does China Want? It’s Too Soon to Tell
Whether playing from a position of strength or weakness, Beijing’s timing is excellent.
www.bloomberg.com
Reposted by Philip Taylor
robin-j-brooks.bsky.social
Short-term US yields are tumbling as the trade war with China escalates. But the real story in the US and globally is about longer-term yields and those continue to have an upward trend. That's the global debt overhang that's pushing up long-term fiscal risk premia...
Reposted by Philip Taylor
Reposted by Philip Taylor
groomb.bsky.social
The body of a Comet aircraft from the nearby de Havilland factory turns into Bridge Street, Chester, 1950s.
Reposted by Philip Taylor
iwillnotbesilenced.bsky.social
A 20 year old black woman was just sitting in DC and EVERY agency possible shows up to arrest her!
Reposted by Philip Taylor
pgourevitch.bsky.social
my local paper seems not to have caught on that “repressive as ever” is what the US is all about now
Reposted by Philip Taylor
iwillnotbesilenced.bsky.social
The Portland Frogs have been multiplying ✊😊✊
Reposted by Philip Taylor
democrats.org
7.5 million children with disabilities will be affected.
Graphic featuring Donald Trump with the following text: 

UPDATE

Amid shutdown, Trump administration guts department overseeing special education