Jonathan Swarbrick
jswarbrick.bsky.social
Jonathan Swarbrick
@jswarbrick.bsky.social
Dreamer, navigator. I study macro/monetary econ. Assistant Prof at St Andrews
Reposted by Jonathan Swarbrick
This stuff really is snake oil. Would be a great shame if @zackpolanski.bsky.social fell for it. Politically it’s a one way ticket to nowhere. Important under current circumstances to have an articulate and credible voice on the left. Zack needs to steer clear.
www.taxresearch.org.uk/Blog/2025/11...
MMT matters because it reveals power – and gives us back the right to choose
I think modern monetary theory (MMT) matters. That is not because it is perfect, because no theory is. Instead, it is because it explains something that almost no one in mainstream economics has ever ...
www.taxresearch.org.uk
December 2, 2025 at 10:05 PM
Very good read. I had not realised just how progressive UK income taxes have become compared to our peers.
November 21, 2025 at 8:16 AM
Following up on my Scotsman piece, this got me looking at P/E ratios.
This chart shows the equity premium — here as the gap between the realised earnings yield on the S&P 500 and the Fed Funds Rate (FFR). 1/3
October 18, 2025 at 8:45 AM
The growing number of people warning about a bubble feels a bit like, well, a bubble.

But here’s my piece in The Scotsman, looking at the AI boom and what it might mean for Scotland: www.scotsman.com/news/opinion...
The potential for an AI bubble burst - and what we should do to prepare for it
The AI optimism likely won’t last; when it unwinds, a sharp correction could follow
www.scotsman.com
October 18, 2025 at 7:32 AM
Reposted by Jonathan Swarbrick
Also global yields are higher because of Truss's idol Trump. The UK-US 30Y yield premium isn't great but it isn't wider than under Sunak and definitely not as wide as under Truss.
August 29, 2025 at 11:00 AM
Reposted by Jonathan Swarbrick
Yes, the stakes here are large. Very large.
August 26, 2025 at 12:31 AM
St Andrews is hiring 4 x econ education/research lecturers (assistant prof). Open field but applications from macroeconomists will be very welcome!
We're also hiring a senior lecturer/reader (assoc. prof) in applied (macro or micro).
Very happy to chat about either.

www.jobs.ac.uk/job/DMM015/l...
April 1, 2025 at 3:00 PM
🤯
If you want a sense of what Starmer and Europe are up against in combating not just the military might but twisted truths of the Putin regime, do watch the full interview I did this morning on the Sunday LBC show with former Putin adviser Sergei Markov. youtu.be/JGqAknD3vyc?...
Lewis Goodall's explosive interview with Putin ally | LBC
YouTube video by LBC
youtu.be
March 17, 2025 at 12:11 PM
Reposted by Jonathan Swarbrick
The Department of Economics at UC Davis is looking for an Assistant Professor in Macroeconomics.

Listing here:

www.aeaweb.org/joe/listing....

#EconSky
American Economic Association: JOE Listings - August 1, 2024 - January 31, 2025
www.aeaweb.org
November 15, 2024 at 5:57 AM