Mailwatch(ed) Forum

Economic commentator (strongly pro-redistribution) and former City trader, getting quite a public profile.

My first response to him was that I loved his stuff about the City, but would get my economics from people like Jonathan Portes instead of him, and haven't looked at it. I shouldn't be snooty really- there's a place for popularisers on the side of the angels, for sure, and I'm no heavyweight myself.

As an economic commentator, it doesn't really matter whether he was the top trader or top admin clerk, but it seems like he's exaggerated about himself a fair bit. He's also portrayed some of the other characters inaccurately under pseudonyms, but I think that's more defensible in that he might reasonably be worried about people in it sueing him.

What do people make of him?
https://www.ft.com/content/7e8b47b3-793 ... d75d057fff

His cast iron confidence anchored on a pet theory does make me sceptical but I like what he's getting at, who's got all these billions that have been created? As it's not the pot hole repair department.
viewtopic.php?p=65185#p65185

Yeah, I think his/your point about the rich accumulating assets is an important one. I don't think wealth taxes work, but taxes on land would. To his credit, Corbyn went there tentatively in 2017, but understandably retreated when the Tories started turning cartwheels ("garden tax").