Chris Giles

Financial Times Economics Commentator; Honorary Professor of Practice, UCL Policy Lab Sign up to my newsletter in the link below

[Chris Giles @ChrisGiles_]

@neiljeffares It's not a big deal. It isn't good I agree, but you've got to allow some small mistakes

[Chris Giles @ChrisGiles_]

@neiljeffares I agree with your first point.

The second is not true since energy is disproportionately consumed by poorer households. More importantly, it is the tax system that matters for distribution, not the very small moves in any one tax

[Chris Giles @ChrisGiles_]

Six sins new Chancellor John Healey should avoid.

Number 1 is something the new PM seems unable to grasp...

https://t.co/PsbmtErNnn

[Tim Harford @TimHarford]

Six foolish mistakes for the UK's chancellor to avoid - @ChrisGiles_ is watching and so are the bond markets
https://t.co/k10lcJPjBV

[Chris Giles @ChrisGiles_]

There isn't a clear answer yet - probably Japan has more sense. And for the BoJ, there is now lots of evidence Japan is becoming a normal advanced economy. Wages and prices now rising steadily for example

[Chris Giles @ChrisGiles_]

Will Japan's potential massive fiscal stimulus create a Honebuto-Shokku? (which is roughly translated into English as a Liz Truss moment)

https://t.co/XEVBOgrlvV

[Chris Giles @ChrisGiles_]

Thank you!

[Soumaya Keynes @SoumayaKeynes]

Fabulous newsletter today from @ChrisGiles_, including reflections on Mervyn King's approach to transparency

https://t.co/9izctS7nih

[Chris Giles @ChrisGiles_]

If kevin Warsh wants to avoid being caught with his pants down, he should avoid the BoE's communications from the 2000s...

...and confusing correlation and causation

My newsletter: https://t.co/R2BZYgeKgU

[Chris Giles @ChrisGiles_]

My central banks newsletter this week looks at the Supreme Court's rather thinner victory for Lisa Cook against Donald Trump than expected.

Footnote 8 in the ruling is importantl she might well lose round 2.

https://t.co/ciFL0OqRrI

[Chris Giles @ChrisGiles_]

Lisa Cook wins preliminary case at SCOTUS - Phew for Federal Reserve (5-4)

[Chris Giles @ChrisGiles_]

I struggle to understand the fascination with mainstream economists' (broadly accurate) Brexit forecasts...

... the leave forecasts on the other hand
https://t.co/V7wZLzNVXi

[Chris Giles @ChrisGiles_]

Always a great conference - looking forward to it

[Chris Giles @ChrisGiles_]

@billwells_1 @StrongerInNos Agreed - good points

[Chris Giles @ChrisGiles_]

One way of measuring UK productivity shows a remarkable upturn since Labour came to office....

... so is the UK witnessing a productivity revival?

https://t.co/cc78csZFrj

[Chris Giles @ChrisGiles_]

@SlideCapital Maybe, read the article

[Chris Giles @ChrisGiles_]

If Kevin Warsh has to choose between his legacy and Trump's ire, he should pick the latter...There is probably a route through the middle...

But the oil shock is making things difficult as this Boston Fed research shows.

My newsletter
https://t.co/bucsHZjRp2

[Chris Giles @ChrisGiles_]

@s8mb Although wholesale prices would only fall to zero because of renewables. The key point that is badly explained is that a move to renewables involves a messy shift from marginal to average cost pricing. That is a positive statement not a norative one. We should not be surprised

[Institute for Fiscal Studies @TheIFS]

NEW PODCAST: The tough fiscal reality facing the UK government

@HelenMiller_IFS, @ChrisGiles_ and @MaxWarnerIFS discuss the state of the public finances, why borrowing costs matter, and how much room there is to do things differently.

🎧 Listen here: https://t.co/8sGlLlUFel

[Chris Giles @ChrisGiles_]

If you like your economics to be reality-based, impartial and not always doom laden, listen to this @TheIFS podcast on the public finances with me
@HelenMiller_IFS and @MaxWarnerIFS
https://t.co/OdDiupwGvv

[Chris Giles @ChrisGiles_]

Want to predict central banker behaviour? Look to their birth date https://t.co/khWuLmHkvE via @ft