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Chris Dillow

My personal Substack

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Issues241Founded10 months agoLast Issue38 hours ago
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Latest Issues

Unbusinesslike government

In the 90s and early 00s, a recurring theme of New Labour was the party’s desire to become more like business. Both Blair and Brown lauded bosses as wealth creators and courageous leaders who had sufficient expertise to advise on welfare (D...

38 hours ago
22
4

On the productive state

What is the most appropriate form of ownership for a business? This is a question which the private sector asks all the time - which is why we get so many IPOs, management buy-outs, private equity purchases and takeovers. In politics, thoug...

7 days ago
20
14

Lessons of Brexit

Today is the tenth anniversary of the vote to leave the EU - one of the worst political decisions in living memory.

It’s not just those experts of whom people have had enough who believe this. So too do the voters. According to Yougov, 57...

11 days ago
37
13

What bond market constraint?

“The cost of government borrowing” writes MP Yuan Yang “constrains policy decisions”. She’s partly right, but this should not greatly trouble the left.

First, we must recognise that to a large extent the bond market constraint is in fact a...

24 days ago
23
7

Fetishising fiscal rules

My old history teacher used to tell the story of the nail factory in the old Soviet Union. It was ordered to make a million nails so it produced a million so small as to be useless. In response, the planner requested a ton of nails - and re...

a month ago
43
12

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  • Chris Dillow

    An extremist, not a fanatic.

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