Labour's economic answers

Saturday, May 28th, 2016 01:22 pm
[syndicated profile] chris_dillow_feed

Posted by chris

Tony Blair says of the Labour leadership: “These guys aren't providing answers, not on the economy, not on foreign policy.” I don’t want to discuss foreign policy – others might have opinions on Mr Blair’s ability to judge that – but in economic policy, this seems questionable.

Among our economic problems are: persistently weak capital spending; a fiscal policy which, at the ZLB, cannot cushion the economy from adverse shocks; stagnant productivity and real wages; and unaffordable housing.

And Labour does have some good answers to these. A National Investment Bank can step up investment in new technology and infrastructure; Labour’s fiscal rule increases the flexibility of policy; the pledge to increase housebuilding is self-evidently a good idea; and McDonnell’s claim that “there is a clear boost to the economy from worker ownership and management” is correct; worker democracy can raise productivity.

Granted, Labour’s ideas aren’t fully worked out yet, but this is only to be expected four years from an election. The fact that McDonnell is seeking advice from top quality economists augurs well. As Liam Young says, Labour is building a good economic case.

This is not to say that Labour can solve all our economic problems. There’s not much it can do about the long-term slowdown in world trade growth – which is an especial problem as the current account deficit might become a constraint on growth. It doesn’t seem yet to have a policy about banks and financial stability (hint: nationalization). And it might be under-estimating the power of the forces depressing investment such as low profits; the fear of future competition and the possibility that companies have wised up to the fact that innovation doesn’t pay much.

 However, I suspect that this is not what Blair has in mind; scepticism about the health of capitalism would be out of character for him. So what is he thinking?

One possibility is that he’s just out-of-touch. A globetrotting multimillionaire friend of dictators is not well attuned to the struggles of the low-paid, or to McDonnell’s attempts to solve them. Another is that he’s living in the world of post-truth politics, in which the test of policy is not whether it is a coherent answer to real problems, but simply whether it sells to a biased media and inattentive electorate. A third possibility is that he’s thinking of the economy in BBC mediamacro terms – as a synonym for “government borrowing.” None of these possibilities do him any credit.

My tweets

Saturday, May 28th, 2016 12:01 pm
[syndicated profile] zornhau_feed

Posted by Zornhau

Who be kind to

Saturday, May 28th, 2016 07:41 am
supergee: (actual)
[personal profile] supergee
Compassion to one’s fellow beings is generally considered a Good Thing. Do it to yourself.

Thanx to [ profile] andrewducker

Space Swap: Pinch Hits of the Apocalypse

Saturday, May 28th, 2016 02:37 pm
extrapenguin: The famous Earthrise photograph, cropped (earth)
[personal profile] extrapenguin posting in [community profile] yuletide
#yuletide revealed to me that there might be pinch hitters here, so here goes: Space Swap has not one, but TWO pinch hits of the apocalypse. They can be found (& claimed) here. Please help a mod in need?


Saturday, May 28th, 2016 06:41 am
supergee: (boobies)
[personal profile] supergee
Years ago, I learned from a book on hockey (I think it was Ken Dryden’s The Game) that French Canadians use church words (meaning tabernacle, chalice, etc.) as offensive expletives. Here’s an article about it, from which we learn that some of the words even have cleaned-up versions. One theory the article doesn’t mention is that the approach comes from offering to excrete in the sacred entity, like the Spanish in Hemingway novels who “unname in the milk of thy….”

Thanx to Metafilter

X-Men: Apocalypse

Saturday, May 28th, 2016 12:32 pm
selenak: (First Class by Hidden Colours)
[personal profile] selenak
There's a scene in this movie where young Jean Grey, Scott Summers and Kurt Wagner have just watched Return of the Jedi and are discussing the Star Wars movies (I thought of [personal profile] penknife and [profile] amenirdis's old X-Men stories!), Kurt being pro Empire Strikes Back while Scott champions A New Hope, and Jean then concludes that at least they can agree that "the third one always is the worst". It's an obvious meta moment that just about gets away with it, and its charm embodies why despite this not really being a good movie I was entertained and glad as to where it left the characters.

more spoilery talk beneath the cut )

In which there are flora and fauna, common and rare

Saturday, May 28th, 2016 11:21 am
spiralsheep: Flowers (skywardprodigal Cog Flowers)
[personal profile] spiralsheep
Beware of the sheep!

1 Beware of the sheep, Herefordshire Beacon, 05-16

Probably Selatosomus aeneus, a rare-ish "click" beetle in metallic turquoise and blue armour.

2 Selatosomus aeneus (probably), one of the "click beetles", Herefordshire Beacon 05-16

No triffids but only innocent plants that won't eat you. )

Pinch hit #6

Saturday, May 28th, 2016 10:00 pm
morbane: woman sprawled on bed next to vinyl record, text "jukebox" (Jukebox)
[personal profile] morbane posting in [community profile] jukebox_fest
To claim, please either comment (comments are screened), or email Please supply your AO3 name.

This pinch hit is due at 5:59PM EDT on Friday 3 June. That is 24 hours before works are revealed.

Pinch hit #6 - fanfic )

Still outstanding:
Pinch hit #5
Pinch hit #4

Thank you to all volunteers.

2016 - #39, "London Falling", Paul Cornell

Saturday, May 28th, 2016 09:33 am
vatine: books-related stuff (books)
[personal profile] vatine
Previously unread.

Another entry into "occult police procedural", London-based rather than various US states. Cornell has been writing for a long while, and according to the author's afterwords, this started as a TV series pitch for the BBC, never got accepted and eventually mutated into this, which mainly shares characters (and, one guesses, some concepts) with the original TV pitch.

We follow four of the Met's finest. Two of them are undercover operatives, one of them is an intelligence analyst. They start out with no interest in (or indeed specific knowledge of) the occult. This... changes.

All in all, a pretty good read. There are further books in the series. Not sure if I'll go for "sequel to this" or "sequel to previous book" first, though.


Saturday, May 28th, 2016 12:31 am
bronze_ribbons: Image of hand and quote from Keats's "This Living Hand" (living hand)
[personal profile] bronze_ribbons
I just watched a 12-minute documentary on Sandor Katz (whom my friend Lannae has mentioned a number of times) while sipping umeshu and hanging out with my dog.

It is now time to move clothes from the washer to the dryer, and then, I think, to soak my feet and then turn in. Might skip the foot soak, for that matter.

(I might be a bit fried.)


Speaking of fried things, however, I am reminded of the calamari I ordered at FIGO while in Atlanta. It was served with fried lemons, which were delicious with the peach bellini.

"Feed the hungerbeast"

Saturday, May 28th, 2016 01:10 am
rosefox: A comic of a man holding a baby and looking stunned. (baby-wtf)
[personal profile] rosefox
Now that we're starting Kit on solid foods, I'm trying to figure out when to give them food, and how to include them in mealtimes. I don't think they've ever really seen us eat! J and X leave work at 6 and have ~45-minute commutes, so usually J cooks while X and I put the baby to bed, and then the adults have dinner around 8 after Kit's asleep. And mornings are such a rush; I'm not awake then, but I think J and X usually grab a quick breakfast during Kit's morning nap. So I think for now, solid food will have to happen on the baby's schedule, and I guess once they're old enough to stay up until 9, they can have dinner with us at 8. (I was always a night owl and perfectly comfortable eating on an adult schedule, so the whole "kids have early dinner" thing totally baffles me.)

Parent-type friends, what do/did your young kids' mealtime schedules look like? How did you manage this transition?

looking for a fic

Friday, May 27th, 2016 09:26 pm
cofax7: John: billowy coat king of pain (FS - John King of Pain - Saava)
[personal profile] cofax7

I read an HP story a while ago, a post-DH story in which a bunch of the characters, including Malfoy & other Slytherins, were treated for PTSD by a Muggle therapist. IIRC, Hermione sets up the treatment and one of the women at the clinic is a former friend or lover of Susan Bones (?).

I cannot find this in any of my bookmarks; anyone know what story this is? I thought it was by Vera Rozalsky, but I can't find it on her FFN page.

fic: These Points of Data Make a Beautiful Line

Saturday, May 28th, 2016 11:48 am
wyomingnot: (emperor hux)
[personal profile] wyomingnot

It's finally ready for the world. I've been working on this for nearly two months. Went right on past my previous word count record and kept going. This one clocks in at 10,405 words. Which, as you know, Bob, is a long way past my drabbling days.


It's an Ex Machina AU. Canon-divergence. Robot feels. Companion piece to my Lonely Robot Boy vid.
Rating: Mature for not-particularly-graphic sex and violence.
Warning: Not 3 Laws safe.
Summary: “Did you download my brain into a robot?” “No. Well, not exactly.”

[AO3 link] or you can just read it under the cut. Remember when we used to post fic here?

Read more... )

other notes:
This story would not have been possible without the wonderful supportive efforts of Cormallen and sunshein74. Rex Luscus deserves innumerable awards for beta duty above and beyond the call. Thank you, all. <3

Illustration by Pidgy-draws.

Title from "Still Alive" by Jonathon Coulton, on the Portal soundtrack. Part of my "robot boy" playlist.

Long Weekend

Friday, May 27th, 2016 11:55 pm
settiai: (Percy -- settiai)
[personal profile] settiai
Note to self: you really need to accomplish the following over the weekend:

- Clean the damn apartment.
- Go to the grocery store.
- Make it to the cat café in the District in time for tomorrow's date.
- Put in at least 10 hours of work for Part-Time Job (and preferably more).
- Try to write at 10,000 words of fic (not necessarily all part of the same fic - just in total).
- Watch at least five more episodes of Critical Role.

Luckily, the last one can be done concurrently with either of the ones directly before it. That's the only way I even remotely have a chance of getting everything done.

(no subject)

Friday, May 27th, 2016 09:32 pm
actiaslunaris: Galileo - Yukawa, looking down (Default)
[personal profile] actiaslunaris
Your gentleness has vanished,
eaten up by ravenous self-interest.
You think you've made progress;
become a success. You present me
as part of the wonderful life
that you've created, but the efforts
you once made to understand all that I am,
have all been crossed out and
overwritten by the rest of your progressive plan.


Friday, May 27th, 2016 10:31 pm
telophase: (Default)
[personal profile] telophase
We just started playing Witcher 3, and spent an inordinate amount of time seeing if we could make Geralt ride his horse up a flight of stairs.

Answer: yes, but we couldn't get it to make a 90-degree turn or go back down again so we abandoned the horse to respawn later.

Also Toby is still getting used to the controls for this game, so Geralt is reminiscent of Murderface in the way he bangs into walls, and he just ran a lady off the road with his horse.

Sent from my Apple ][e

Poem: "Veranderings"

Friday, May 27th, 2016 08:03 pm
ysabetwordsmith: Damask smiling over their shoulder (polychrome)
[personal profile] ysabetwordsmith
This poem came out of the January 2016 [community profile] crowdfunding Creative Jam. It was inspired by prompts from [personal profile] shiori_makiba and [personal profile] dreamwriters. It also fills the "day at the beach" square in my 1-3-15 card for the [community profile] trope_bingo fest. This poem has been sponsored by LJ user Ng_moonmoth. It belongs to the Cassandra thread of the Polychrome Heroics series.

Read more... )

More Fallout 4 Tobyisms

Friday, May 27th, 2016 09:01 pm
telophase: (Default)
[personal profile] telophase
Aimed and shamed!

Oh that's a head on a pike. I was Awesome! He's not moving! But, crap.

No no stay there stop moving. Damn.

Yes! That was a head shot! That was a helluva head shot!

Are these guys still pissed off at me? Of course they are. Yeah, nobody here but us chickens, Steve.

Oh fine, leg, leg, arm, arm, you're not going to survive that long.

(aiming) Oh...just your gun arm.

Sent from my Apple ][e

About This Blog

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Hello! I'm Jennie (known to many as SB, due to my handle, or The Yorksher Gob because of my old blog's name). This blog is my public face; click here for a list of all the other places you can find me on t'interwebs.

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