Tony Yates
@t0nyyates.bsky.social
Economist. Ex Prof / central banker. Macro, politics, money, central banks, finance, Brexit, covid, AI, climbing, MUFC, Blueskyism.
Reposted by Tony Yates
I also argue that liberal democracy is central to our modern understanding of the profession of arms because it preserves professional ethics in a way that other systems cannot. Serving in an illiberal state means abandoning the profession itself. 5/
December 1, 2025 at 6:34 PM
I also argue that liberal democracy is central to our modern understanding of the profession of arms because it preserves professional ethics in a way that other systems cannot. Serving in an illiberal state means abandoning the profession itself. 5/
Reposted by Tony Yates
John Kay used to say that whenever his neighbour at a dinner party found out what he did they always asked him what he thought would happen to house prices.
December 1, 2025 at 10:29 PM
John Kay used to say that whenever his neighbour at a dinner party found out what he did they always asked him what he thought would happen to house prices.
What’s going to happen to interest rates what should I invest in how can we fix the economy why do you lot pretend Econ is a science?
What’s the worst question someone can ask after you tell them your profession? For linguists, it’s definitely “how many languages do you speak?”, but I’m curious what else is happening to the rest of y’all out there?!
December 1, 2025 at 10:25 PM
What’s going to happen to interest rates what should I invest in how can we fix the economy why do you lot pretend Econ is a science?
Reposted by Tony Yates
Good to see a qualified individual speak on no uncertain terms. Courage is contagious. Come on, America!
Kelly: He runs around on stage talking about lethality and the warrior ethos.. That’s not the message that should be coming from the Secretary of Defense… He runs around on a stage like he’s a 12 year old playing army. It’s embarrassing.
December 1, 2025 at 9:52 PM
Good to see a qualified individual speak on no uncertain terms. Courage is contagious. Come on, America!
Reposted by Tony Yates
The Gibb machine in overdrive mode.
Watched BBC 6 o clock news. Just a completely unserious broadcast. Chris Mason, acting like a children's entertainer, giving a prolonged impenetrable editorial. Not a whiff of informative content about the Budget or what it means for the country. Just playschool blah blah bollocks.
December 1, 2025 at 9:41 PM
The Gibb machine in overdrive mode.
Reposted by Tony Yates
the last Lizza post ended on a cliffhanger where Lizza teased a recording of Trump talking about the assassination attempt that would potentially "shatter our understanding of recent history." in the latest drop he reveals that he doesn't know what the recording was and also it has been destroyed.
December 1, 2025 at 9:13 PM
the last Lizza post ended on a cliffhanger where Lizza teased a recording of Trump talking about the assassination attempt that would potentially "shatter our understanding of recent history." in the latest drop he reveals that he doesn't know what the recording was and also it has been destroyed.
Reposted by Tony Yates
I follow so many smart people on here that it hurts.
I feel like every day with you is being in the best burning bar in the world.
Thank you all. So much.
I feel like every day with you is being in the best burning bar in the world.
Thank you all. So much.
December 1, 2025 at 9:33 PM
I follow so many smart people on here that it hurts.
I feel like every day with you is being in the best burning bar in the world.
Thank you all. So much.
I feel like every day with you is being in the best burning bar in the world.
Thank you all. So much.
Reposted by Tony Yates
Worth remembering now
Protest by the United States Against Attacks by Japanese Naval Forces on Survivors of Torpedoed American Merchant Vessels June 1944
"The United States Government protests most emphatically against this inhuman form of warfare ..."
Protest by the United States Against Attacks by Japanese Naval Forces on Survivors of Torpedoed American Merchant Vessels June 1944
"The United States Government protests most emphatically against this inhuman form of warfare ..."
December 1, 2025 at 2:10 PM
Worth remembering now
Protest by the United States Against Attacks by Japanese Naval Forces on Survivors of Torpedoed American Merchant Vessels June 1944
"The United States Government protests most emphatically against this inhuman form of warfare ..."
Protest by the United States Against Attacks by Japanese Naval Forces on Survivors of Torpedoed American Merchant Vessels June 1944
"The United States Government protests most emphatically against this inhuman form of warfare ..."
Obvs it goes without saying that if anyone somehow breaks the Lizza paywall I will have no difficulties overcoming my scruples about rewarding journalism appropriately and will read it.
December 1, 2025 at 9:17 PM
Obvs it goes without saying that if anyone somehow breaks the Lizza paywall I will have no difficulties overcoming my scruples about rewarding journalism appropriately and will read it.
Well Hughes' letter is a good one, but I don't think he had to resign. It was a bad error in a critical process. But for me resignation should be reserved for misconduct at work, indiscretion, undisclosed conflicts of interest, errors of judgement in policy and economics.
December 1, 2025 at 8:49 PM
Well Hughes' letter is a good one, but I don't think he had to resign. It was a bad error in a critical process. But for me resignation should be reserved for misconduct at work, indiscretion, undisclosed conflicts of interest, errors of judgement in policy and economics.
Just seen that Richard Hughes has resigned as head of the OBR.
December 1, 2025 at 5:57 PM
Just seen that Richard Hughes has resigned as head of the OBR.
Reposted by Tony Yates
The saving grace of the OBR is that they are the only people who are genuinely prepared to be honest with the British people about immigration
The Prime Minister and Home Secretary want to drive net migration lower than net 205k. The Chancellor could reduce borrowing £7.4 billion/year in 2029/30 using the OBR projection that it will return to net 340k later in the parliament
obr.uk/box/the-impa...
obr.uk/box/the-impa...
The impact of migration on the fiscal forecast - Office for Budget Responsibility
Following the upwards revision to our migration forecast, this box explored the implications of higher migration on our central forecasts for tax revenues, spending and borrowing. We also drew on alte...
obr.uk
December 1, 2025 at 1:13 PM
The saving grace of the OBR is that they are the only people who are genuinely prepared to be honest with the British people about immigration
It’s important that in the effort not to alienate marginal voters we don’t mislead them into thinking there are big chunks of that Brexit cost that can be undone without rejoining either the CU or SM or both.
Starmer declaring “we have to keep moving towards a closer relationship with the EU” is a significant moment.
Reflects transformation in public opinion + need for economic growth.
Reflects transformation in public opinion + need for economic growth.
December 1, 2025 at 1:29 PM
It’s important that in the effort not to alienate marginal voters we don’t mislead them into thinking there are big chunks of that Brexit cost that can be undone without rejoining either the CU or SM or both.
Reposted by Tony Yates
Jonathan Gullis defects to Reform saying his former party has "lost touch with the people it was meant to serve".
He should know. When he was in Government he took a five-figure donation from JCB, then stayed silent when it axed hundreds of his constituents' jobs just two weeks later
He should know. When he was in Government he took a five-figure donation from JCB, then stayed silent when it axed hundreds of his constituents' jobs just two weeks later
Conservatives Promote JCB's 'Revolutionary' Pothole Machine While Taking Millions of Pounds in Donations from the Company
Senior Conservatives have repeatedly promoted a pothole repair machine made by a company which has donated huge sums to the party and its MPs
bylinetimes.com
December 1, 2025 at 11:33 AM
Jonathan Gullis defects to Reform saying his former party has "lost touch with the people it was meant to serve".
He should know. When he was in Government he took a five-figure donation from JCB, then stayed silent when it axed hundreds of his constituents' jobs just two weeks later
He should know. When he was in Government he took a five-figure donation from JCB, then stayed silent when it axed hundreds of his constituents' jobs just two weeks later
Sorry that @jonnelledge.bsky.social had to facilitate this but I did find it funny to read that there is a person who thinks joking about Tory defections to Reform on the very small liberal microblogging site Bluesky is not allowed because that's what feeds Reform
December 1, 2025 at 12:31 PM
Sorry that @jonnelledge.bsky.social had to facilitate this but I did find it funny to read that there is a person who thinks joking about Tory defections to Reform on the very small liberal microblogging site Bluesky is not allowed because that's what feeds Reform
Reposted by Tony Yates
Has Jonathan Gullis been blackmailed into joining Reform? Asking for a friend
Reform leader threatens to release 'embarrassing information' about Jonathan Gullis
The mud-slinging between the Tories and Reform has taken a new turn on Sunday - and Jonathan Gullis is now in the firing line.
www.thelondoneconomic.com
December 1, 2025 at 11:28 AM
Has Jonathan Gullis been blackmailed into joining Reform? Asking for a friend
Reposted by Tony Yates
Reasons to resign:
Tories: doubling the cost of mortgages; throwing birthday parties while people are separated from their dying relatives for reasons you imposed
Labour: holding press conference & not saying thing that previously you had later said was not untrue but which the OBR didn't also say
Tories: doubling the cost of mortgages; throwing birthday parties while people are separated from their dying relatives for reasons you imposed
Labour: holding press conference & not saying thing that previously you had later said was not untrue but which the OBR didn't also say
December 1, 2025 at 12:23 PM
Reasons to resign:
Tories: doubling the cost of mortgages; throwing birthday parties while people are separated from their dying relatives for reasons you imposed
Labour: holding press conference & not saying thing that previously you had later said was not untrue but which the OBR didn't also say
Tories: doubling the cost of mortgages; throwing birthday parties while people are separated from their dying relatives for reasons you imposed
Labour: holding press conference & not saying thing that previously you had later said was not untrue but which the OBR didn't also say
Reposted by Tony Yates
This won't end up going badly for either Gullis or Reform at all now will it?
December 1, 2025 at 12:22 PM
This won't end up going badly for either Gullis or Reform at all now will it?
Reposted by Tony Yates
Just an utterly comical basis on which to fan the flames of reactionary paranoia, from the Political Editor of the BBC. Did he miss his vocation as an analytical philosopher or something?
December 1, 2025 at 11:56 AM
Just an utterly comical basis on which to fan the flames of reactionary paranoia, from the Political Editor of the BBC. Did he miss his vocation as an analytical philosopher or something?
Reposted by Tony Yates
There are two distinct but related stories behind the book. The first began with the rise of Blue Labour and its search for a new political economy following the Brown Gov defeat in 2010. What started as a left discourse with Cruddas, Rutherford, Pabst and Glasman, quickly turned right under Glasman
December 1, 2025 at 9:35 AM
There are two distinct but related stories behind the book. The first began with the rise of Blue Labour and its search for a new political economy following the Brown Gov defeat in 2010. What started as a left discourse with Cruddas, Rutherford, Pabst and Glasman, quickly turned right under Glasman
Reposted by Tony Yates
The EU reset seemed to hit some buffers over - surprise, surprise - money at the weekend. Listen to our top panellists at our @instituteforgovernment.org.uk @ukandeu.bsky.social event dissect progress and pitfalls 10 days ago www.instituteforgovernment.org.uk/event/six-mo...
The UK-EU ‘reset': Six months on | Institute for Government
Professor Anand Menon and Sir Ivan Rogers joined us to explore the UK's new 'deal' with the EU and how much progress has been made on it.
www.instituteforgovernment.org.uk
December 1, 2025 at 9:41 AM
The EU reset seemed to hit some buffers over - surprise, surprise - money at the weekend. Listen to our top panellists at our @instituteforgovernment.org.uk @ukandeu.bsky.social event dissect progress and pitfalls 10 days ago www.instituteforgovernment.org.uk/event/six-mo...
Reposted by Tony Yates
So chosen because of the way it will prompt those online to say "actually, that is two words".
qed.
qed.
CONFIRMED: Oxford University Press has named ‘rage bait’ as the Oxford Word of the Year 2025.
#OxfordWOTY
#OxfordWOTY
December 1, 2025 at 8:31 AM
So chosen because of the way it will prompt those online to say "actually, that is two words".
qed.
qed.
Oh well, incredible, 18yo makes it out of bed before midday coincidentally when there's an agreement that we will go and find him a new second hand phone.
December 1, 2025 at 9:21 AM
Oh well, incredible, 18yo makes it out of bed before midday coincidentally when there's an agreement that we will go and find him a new second hand phone.
This was excellent! podcasts.apple.com/us/podcast/t...
The Three Faces Of Trumpism
Podcast Episode · Amicus With Dahlia Lithwick | Law, justice, and the courts · 11/29/2025 · 51m
podcasts.apple.com
December 1, 2025 at 9:20 AM
This was excellent! podcasts.apple.com/us/podcast/t...
This was not bad, a demolition of a ludicrous article by Oren Cass in Foreign Affairs, trying to intellectualise Trump's approach to trade. podcasts.apple.com/us/podcast/r...
Reciprocity: The Once and Future Strategy?
Podcast Episode · Net Assessment · 11/26/2025 · 1h
podcasts.apple.com
December 1, 2025 at 9:18 AM
This was not bad, a demolition of a ludicrous article by Oren Cass in Foreign Affairs, trying to intellectualise Trump's approach to trade. podcasts.apple.com/us/podcast/r...