Bo Jacobs Strom
@bojs.bsky.social
Econ Predoc at LSE. Public and Labour. Posting about econ, policy, and politics. Jewish, posting about that too. Views own etc.
Reposted by Bo Jacobs Strom
incredible quote lol
November 28, 2025 at 8:21 PM
incredible quote lol
Reposted by Bo Jacobs Strom
the distinguishing characteristic is that under some circumstances it makes sense to take risks not that have high volatility compensated by high expected value, but risks that have negative expected value compensated by long right tails, ie the “risk” compensates expected loss. 2/
November 28, 2025 at 11:49 PM
the distinguishing characteristic is that under some circumstances it makes sense to take risks not that have high volatility compensated by high expected value, but risks that have negative expected value compensated by long right tails, ie the “risk” compensates expected loss. 2/
Great thread here - higher moments/long tails matter a lot for risk-taking behaviour!
i think there’s a difference between what is being referred to as financial nihilism and ordinary risk-taking. i think “financial nihilism” is a close analog to an older debate about “increasing marginal utility” among the poor. 1/
November 29, 2025 at 12:21 AM
Great thread here - higher moments/long tails matter a lot for risk-taking behaviour!
Reposted by Bo Jacobs Strom
I'm near speechless at this framing of overall immigration falling by, like, 60%
Asylum seekers now make up nearly half of net migration to the UK and the number housed in hotels has increased despite Sir Keir Starmer’s pledge to end their use ⬇️
Asylum seekers account for almost half of net migration
New statistics showed a fall in net migration as British citizens and non-EU migrants left the UK, but the number of asylum seekers in hotels has grown
www.thetimes.com
November 28, 2025 at 8:18 AM
I'm near speechless at this framing of overall immigration falling by, like, 60%
Reposted by Bo Jacobs Strom
“Bearing down on the cost of living” latest:
UK supermarkets set to be hit by higher business rates after Treasury U-turn
Chancellor expected to use Budget to include large retail premises in the top band of the property-based levy
www.ft.com
November 24, 2025 at 10:40 PM
“Bearing down on the cost of living” latest:
Reposted by Bo Jacobs Strom
I didn't have high hopes for the Labour government but I thought getting rid of the Tories would put an end to the full-on intentional destruction stuff; it's all been very disappointing
i: Reeves to unveil £600m raid on foreign student
university fees #TomorrowsPapersToday
university fees #TomorrowsPapersToday
November 24, 2025 at 12:12 PM
I didn't have high hopes for the Labour government but I thought getting rid of the Tories would put an end to the full-on intentional destruction stuff; it's all been very disappointing
Reposted by Bo Jacobs Strom
Reposted by Bo Jacobs Strom
I found 2024 incredibly frustrating. Because I (and lots of other people) kept explaining that the fiscal position of all parties was literally impossible but broadcast (in particular) was never willing to go that far.
The fact that in both 2019 and 2024, the winning party did so with a set of manifesto promises that could not be kept and dissolved upon contact with actual office is something that as an industry we should be much more bothered by than we are.
November 23, 2025 at 1:52 PM
I found 2024 incredibly frustrating. Because I (and lots of other people) kept explaining that the fiscal position of all parties was literally impossible but broadcast (in particular) was never willing to go that far.
Reposted by Bo Jacobs Strom
After more than 10 years of “the Danish Model”, nativism is hegemonic in the country, the far right polls near level highs again, and the Social Democrats lost Copenhagen and poll at historic low.
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
The ‘Danish model’ is the darling of centre-left parties like Labour. The problem is, it doesn’t even work in Denmark | Cas Mudde
This week’s local elections are the latest reminder that when social democrats move rightwards, they’re making a mistake, says academic and author Cas Mudde
www.theguardian.com
November 22, 2025 at 1:59 PM
After more than 10 years of “the Danish Model”, nativism is hegemonic in the country, the far right polls near level highs again, and the Social Democrats lost Copenhagen and poll at historic low.
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
Reposted by Bo Jacobs Strom
This focuses on politics. But we should also care about *outcomes*.
In the UK, migrants (both from EU and elsewhere) are more likely to have a job than the UK born. In Denmark, there's a gap of 15-20%. Similarly for education outcomes.
Why would we want to copy that?
In the UK, migrants (both from EU and elsewhere) are more likely to have a job than the UK born. In Denmark, there's a gap of 15-20%. Similarly for education outcomes.
Why would we want to copy that?
After more than 10 years of “the Danish Model”, nativism is hegemonic in the country, the far right polls near level highs again, and the Social Democrats lost Copenhagen and poll at historic low.
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
The ‘Danish model’ is the darling of centre-left parties like Labour. The problem is, it doesn’t even work in Denmark | Cas Mudde
This week’s local elections are the latest reminder that when social democrats move rightwards, they’re making a mistake, says academic and author Cas Mudde
www.theguardian.com
November 23, 2025 at 10:31 AM
This focuses on politics. But we should also care about *outcomes*.
In the UK, migrants (both from EU and elsewhere) are more likely to have a job than the UK born. In Denmark, there's a gap of 15-20%. Similarly for education outcomes.
Why would we want to copy that?
In the UK, migrants (both from EU and elsewhere) are more likely to have a job than the UK born. In Denmark, there's a gap of 15-20%. Similarly for education outcomes.
Why would we want to copy that?
Rachel Reeves has finally identified the problem with the UK economy - everything is too cheap and affordable.
November 22, 2025 at 6:27 PM
Rachel Reeves has finally identified the problem with the UK economy - everything is too cheap and affordable.
Reposted by Bo Jacobs Strom
Yeah, as much as I loathe him and he indulged far too much round the edges, Sunak did enforce boundaries on this, as did Starmer on opposition, it's only this year that Starmer drifts into what Stephen Bush rightly calls a "Trappist" approach to bigotry that the right have been able to move things.
As soon as politicians stop enforcing norms things can unravel very, very quickly. Currently the Starmer legacy based off the last six months of total capitulation and ceding of ground, bar one decent speech in September.
November 22, 2025 at 9:50 AM
Yeah, as much as I loathe him and he indulged far too much round the edges, Sunak did enforce boundaries on this, as did Starmer on opposition, it's only this year that Starmer drifts into what Stephen Bush rightly calls a "Trappist" approach to bigotry that the right have been able to move things.
Reposted by Bo Jacobs Strom
As soon as politicians stop enforcing norms things can unravel very, very quickly. Currently the Starmer legacy based off the last six months of total capitulation and ceding of ground, bar one decent speech in September.
November 22, 2025 at 9:32 AM
As soon as politicians stop enforcing norms things can unravel very, very quickly. Currently the Starmer legacy based off the last six months of total capitulation and ceding of ground, bar one decent speech in September.
Reposted by Bo Jacobs Strom
Fundamentally, the UK is a massive success story on integration and most of the anxiety around it from the right should be treated as in insincere concern trolling it actually is.
Remember integration? That thing voters "really, really" care about? Where's that in the latest plans?
My column:
My column:
Labour has given up on integration
Shabana Mahmood's latest asylum plans prioritise return at the expense of integrating newcomers
www.newstatesman.com
November 19, 2025 at 1:11 PM
Fundamentally, the UK is a massive success story on integration and most of the anxiety around it from the right should be treated as in insincere concern trolling it actually is.
Are you listening @sarahsackman.bsky.social?
We're clear: the Government's proposed asylum reforms will only entrench division and cause serious harm. People who need the UK's protection deserve so much better.
hiasjcore.org/statements/s...
hiasjcore.org/statements/s...
November 18, 2025 at 2:20 PM
Are you listening @sarahsackman.bsky.social?
Reposted by Bo Jacobs Strom
We're clear: the Government's proposed asylum reforms will only entrench division and cause serious harm. People who need the UK's protection deserve so much better.
hiasjcore.org/statements/s...
hiasjcore.org/statements/s...
November 17, 2025 at 12:29 PM
We're clear: the Government's proposed asylum reforms will only entrench division and cause serious harm. People who need the UK's protection deserve so much better.
hiasjcore.org/statements/s...
hiasjcore.org/statements/s...
Reposted by Bo Jacobs Strom
Labour peer Lord Dubs: "To use children as a weapon, as the home secretary is doing, is I think a shabby thing. I’m lost for words, frankly."
www.huffingtonpost.co.uk/entry/labour...
www.huffingtonpost.co.uk/entry/labour...
Labour Peer Who Fled The Nazis Condemns His Party's Immigration Crackdown
Lord Dubs said he was "lost for words".
www.huffingtonpost.co.uk
November 18, 2025 at 9:15 AM
Labour peer Lord Dubs: "To use children as a weapon, as the home secretary is doing, is I think a shabby thing. I’m lost for words, frankly."
www.huffingtonpost.co.uk/entry/labour...
www.huffingtonpost.co.uk/entry/labour...
Reposted by Bo Jacobs Strom
The Danish Social Democrats are currently on course for their worst election result since at least the Second World War, despite their brand of far-right accommodationism being touted as a blueprint for other centre-left parties.
November 18, 2025 at 11:58 AM
The Danish Social Democrats are currently on course for their worst election result since at least the Second World War, despite their brand of far-right accommodationism being touted as a blueprint for other centre-left parties.
Reposted by Bo Jacobs Strom
When do employers share? Rent sharing, monopsony and minimum wages
By Ihsaan Bassier and Joshua Budlender
Read at: ow.ly/6XA350XreWb
By Ihsaan Bassier and Joshua Budlender
Read at: ow.ly/6XA350XreWb
November 18, 2025 at 12:00 PM
When do employers share? Rent sharing, monopsony and minimum wages
By Ihsaan Bassier and Joshua Budlender
Read at: ow.ly/6XA350XreWb
By Ihsaan Bassier and Joshua Budlender
Read at: ow.ly/6XA350XreWb
Reposted by Bo Jacobs Strom
Labour’s core voter is a Londoner. While they fret about imagined Reform defecting voters in the “red wall” they’re at risk of losing their 21st century heartland entirely.
www.thenewworld.co.uk/james-ball-l...
www.thenewworld.co.uk/james-ball-l...
November 18, 2025 at 11:56 AM
Labour’s core voter is a Londoner. While they fret about imagined Reform defecting voters in the “red wall” they’re at risk of losing their 21st century heartland entirely.
www.thenewworld.co.uk/james-ball-l...
www.thenewworld.co.uk/james-ball-l...
Reposted by Bo Jacobs Strom
The government should be ashamed that its migration policies are being cheered on by Tommy Robinson and Reform.
Instead of standing up to anti-migrant hate, this is laying the foundations for the far-right.
I questioned the Home Secretary on how she can be proposing such obviously cruel policies.
Instead of standing up to anti-migrant hate, this is laying the foundations for the far-right.
I questioned the Home Secretary on how she can be proposing such obviously cruel policies.
November 17, 2025 at 4:27 PM
The government should be ashamed that its migration policies are being cheered on by Tommy Robinson and Reform.
Instead of standing up to anti-migrant hate, this is laying the foundations for the far-right.
I questioned the Home Secretary on how she can be proposing such obviously cruel policies.
Instead of standing up to anti-migrant hate, this is laying the foundations for the far-right.
I questioned the Home Secretary on how she can be proposing such obviously cruel policies.
Reposted by Bo Jacobs Strom
The cruelty is the point. Shameful.
"Outside of the most exceptional circumstances family reunion, will not be possible [for refugees]" Shabana Mahmood tells MPs
November 17, 2025 at 5:49 PM
The cruelty is the point. Shameful.
Reposted by Bo Jacobs Strom
I think the public have this one right. While accepting the complexity of all of these policy areas, politics as performance more than debate is clearly failing.
2) Labour are not seen as having the best policies on any of the key issues. But no one is! Add to that historic low satisfaction with the PM and Chancellor, scepticism that this gvt's policies will improve the economy or public services, and public anxiety over their finances and ...
November 17, 2025 at 11:00 AM
I think the public have this one right. While accepting the complexity of all of these policy areas, politics as performance more than debate is clearly failing.
Reposted by Bo Jacobs Strom
Yesterday, we put out a report on the most important issues to voters.
We know that immigration now tops the traditional most important issues question (see below from @yougov.co.uk).
But that doesn't tell the full story.
Here is a rundown of the experiments we did to test this out (A THREAD):
We know that immigration now tops the traditional most important issues question (see below from @yougov.co.uk).
But that doesn't tell the full story.
Here is a rundown of the experiments we did to test this out (A THREAD):
November 17, 2025 at 11:41 AM
Yesterday, we put out a report on the most important issues to voters.
We know that immigration now tops the traditional most important issues question (see below from @yougov.co.uk).
But that doesn't tell the full story.
Here is a rundown of the experiments we did to test this out (A THREAD):
We know that immigration now tops the traditional most important issues question (see below from @yougov.co.uk).
But that doesn't tell the full story.
Here is a rundown of the experiments we did to test this out (A THREAD):
I finally resigned my membership of the Labour Party today. This is what I wrote to my MP @meghillier.bsky.social on why, as a British Jew, I could no longer be part of it.
November 17, 2025 at 12:50 PM
I finally resigned my membership of the Labour Party today. This is what I wrote to my MP @meghillier.bsky.social on why, as a British Jew, I could no longer be part of it.