Tim Leunig
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timleunig.bsky.social
Tim Leunig
@timleunig.bsky.social
5.5K followers 140 following 460 posts

Policy thoughts: http://timleunig.substack.com Chief Economist Nesta, Director Econ PublicFirst, Vis Prof LSE Sch Public Policy, Vis Fellow Inst for Govt

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Timothy Charles Leunig is an economist at the London School of Economics's Department of Economic History. After a long career as a special advisor, he became a director at the economic consultants Public First. .. more

Economics 62%
Political science 13%
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timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 20h
Yes it does, which is bad for the country in many ways
duncanweldon.bsky.social Duncan Weldon @duncanweldon.bsky.social · 20h
Another drop in London house prices plus the slowest private rent growth in the country according to the ONS.
TfL data has passenger journeys down by 4% year on year as of October 25.
Given the wider migration picture - doesn’t this all point to London’s population falling?

Reposted by Tim Leunig

schoolsweek.bsky.social
Schools Week @schoolsweek.bsky.social · 20h
Julie McCulloch has been appointed as the new chief executive of The Education Policy Institute (EPI)

https://schoolsweek.co.uk/julie-mcculloch-to-join-epi-as-new-chief-executive/
Julie McCulloch to join EPI as new chief executive
ASCL policy chief 'hugely privileged' to take over as CEO of think tank EPI
schoolsweek.co.uk

Reposted by Tim Leunig

duncanweldon.bsky.social
Duncan Weldon @duncanweldon.bsky.social · 20h
Another drop in London house prices plus the slowest private rent growth in the country according to the ONS.
TfL data has passenger journeys down by 4% year on year as of October 25.
Given the wider migration picture - doesn’t this all point to London’s population falling?

Reposted by Ben H. Ansell, Tim Leunig

borners.bsky.social
Borners @borners.bsky.social · 1d
One of the the things that really make the British Isles unusual in Europe and the OECD, is that thanks to housing, we have prevented regional depopulation. Our high regional inequality because we have successfully pushed people into poor regions better than anybody else.

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 2d
Love London!!
jembenson.bsky.social Jeremy Benson @jembenson.bsky.social · 3d
An unlikely pair: blue plaques commemorating Lenin and Jerome K Jerome on neighbouring buildings, Tavistock Place, London.
Brick terraced frontages, now hotels, with the bottom storey painted variously white and green. Between first floor windows are two blue plaques: to the left, one commemorating where Lenin (1870-1924), founder of the USSR, lived in 1908; to the right, the other commemorating where Jerome K Jerome (1859-1927), author of ‘Three Men in a Boat’, lived in 1884-5.

Reposted by Tim Leunig

eddavey.libdems.org.uk
Ed Davey @eddavey.libdems.org.uk · 2d
Liberal Democrats have fought tooth and nail to stop this stitch-up and the Government has been forced into a humiliating U-turn.

Labour are terrified of Reform. We are the only party willing to stand up to Farage and beat him, as we do week after week in council by-elections.

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 2d
Want to know what I think the government should do about the "plan 2" student loans? It is your lucky day! >>>
nestauk.bsky.social Nesta @nestauk.bsky.social · 2d
Are student loans a stealth tax? 🗞️

In the latest edition of the economics edit, chief economist @timleunig.bsky.social unpacks recent changes, their impact on repayments, and why the system needs reform.

Subscribe to our fortnightly bulletin: https://bit.ly/4oYrHaN

Reposted by Tim Leunig

nestauk.bsky.social
Nesta @nestauk.bsky.social · 2d
Are student loans a stealth tax? 🗞️

In the latest edition of the economics edit, chief economist @timleunig.bsky.social unpacks recent changes, their impact on repayments, and why the system needs reform.

Subscribe to our fortnightly bulletin: https://bit.ly/4oYrHaN

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 2d
This week my substack shows how we could run a lot more commuter trains timleunig.substack.com/p/the-victor...
The Victorians could do this, we should too
Just sometimes my economic history knowledge comes in useful.
timleunig.substack.com

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 2d
My letter in today's FT, showing that serious reforming governments, like Labour 1945-51 ran big budget surpluses, contrary to claims from @unitetheunion.bsky.social leader Sharon Graham. No conflict between reform and fiscal probity.

Reposted by Tim Leunig

jembenson.bsky.social
Jeremy Benson @jembenson.bsky.social · 3d
An unlikely pair: blue plaques commemorating Lenin and Jerome K Jerome on neighbouring buildings, Tavistock Place, London.
Brick terraced frontages, now hotels, with the bottom storey painted variously white and green. Between first floor windows are two blue plaques: to the left, one commemorating where Lenin (1870-1924), founder of the USSR, lived in 1908; to the right, the other commemorating where Jerome K Jerome (1859-1927), author of ‘Three Men in a Boat’, lived in 1884-5.

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 5d
In which Peter Hain says that the problems of unhappy graduates can be solved my making them pay about 3x as much per month, and for all of their life, rather than thirty years - observer.co.uk/news/opinion...
A graduate tax could fix Britain’s broken student loan sy...
Tuition fees were meant to ease the burden on taxpayers and buoy universties. They have failed. A fairer alternative has been staring us in the face for two decades
observer.co.uk

Reposted by Jill Rutter

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 5d
Good to see @hmtreasury appoint @kingscollegelondon.bsky.social Busines School Professor Brian Bell, a serious economic heavyweight, as Government Chief Economic advisor.

Reposted by Tim Leunig

jackworth.bsky.social
Jack Worth @jackworth.bsky.social · 7d
NEW: What helps to improve teacher retention?

Today we have published a new study on teacher retention, looking at the association between a wide range of factors relating to teacher's' working lives and their retention decisions

www.nfer.ac.uk/publications...
What helps to improve teacher retention?
This new research explores the factors associated with the leaving decisions of teachers, to understand in greater detail what actions policymakers might take to further improve teacher retention rate...
www.nfer.ac.uk

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 8d
I agree, one of Dom's better posts.
robertshrimsley.bsky.social Robert Shrimsley @robertshrimsley.bsky.social · 8d
You may not like it, but strip out the hyperbole and abuse and it's quite hard to argue with this Cummings asssessment of the public mood

Reposted by Tim Leunig

tom-clark.bsky.social
Tom Clark @tom-clark.bsky.social · 8d
Read 200 pages of our new book here www.resolutionfoundation.org/publications...

Or — if you’re in a rush — read @mikebrewerecon.bsky.social’s summary piece below, which does an amazing job of boiling the gist of it down to 900-odd words

Reposted by Tim Leunig

gilesyb.bsky.social
Giles Wilkes @gilesyb.bsky.social · 8d
I don't think there are words in the dictionary to express how much I hate the ONS website. They must have a team of several dozen there working on making sure whatever data you want is impossible to find. Evil.

Reposted by Ben H. Ansell, Tim Leunig

robertshrimsley.bsky.social
Robert Shrimsley @robertshrimsley.bsky.social · 8d
You may not like it, but strip out the hyperbole and abuse and it's quite hard to argue with this Cummings asssessment of the public mood

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 8d
She's this mean we should have more onshore and less offshore wind? That would cut bills, presumably?
acjsissons.bsky.social Andrew Sissons @acjsissons.bsky.social · 9d
Good to see solar and onshore wind coming in a lot cheaper than offshore here. They are by some distance the cheapest new electricity generation capacity we can build in Britain.
drsimevans.carbonbrief.org Simon Evans @drsimevans.carbonbrief.org · 9d
BREAKING: UK govt auction secures 4.9GW new solar at £65/MWh and 1.3GW new onshore wind at £72/MWh, 13% and 21% below the price cap respectively.

All due online by 2029.

Reposted by Tim Leunig

acjsissons.bsky.social
Andrew Sissons @acjsissons.bsky.social · 9d
Good to see solar and onshore wind coming in a lot cheaper than offshore here. They are by some distance the cheapest new electricity generation capacity we can build in Britain.
drsimevans.carbonbrief.org Simon Evans @drsimevans.carbonbrief.org · 9d
BREAKING: UK govt auction secures 4.9GW new solar at £65/MWh and 1.3GW new onshore wind at £72/MWh, 13% and 21% below the price cap respectively.

All due online by 2029.

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 9d
Have you read the article?
marjmar.bsky.social marjmar.bsky.social @marjmar.bsky.social · 9d
Seems a shame, if you have spare money, not to invest it in something/someone useful.

Reposted by Tim Leunig

marjmar.bsky.social
marjmar.bsky.social @marjmar.bsky.social · 9d
Seems a shame, if you have spare money, not to invest it in something/someone useful.

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 9d
Have you ever thought about buying #Gold? I tell the story of what happened when I bought gold, and why it was my best ever investment - observer.co.uk/news/nationa...
History predicts a fall in the price of gold. I wouldn’t ...
The precious metal is now worth $5,000 an ounce and anyone who bought big a year ago has made a fortune, but that doesn’t mean it won’t go higher still
observer.co.uk

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 9d
Gold's price began to move up at the end of 1967, but yet, one could claim other dates just as well. It would not alter my basic story

Reposted by Tim Leunig

owejessen.de
Owe Jessen @owejessen.de · 10d
Just nitpicking, why do you set the year for "the collapse of the Bretton Woods economic system" to 1967? Usually this is connected to the Nixon Shock in 1973, see e. g. www.bundesbank.de/de/aufgaben/...
1973: Das Ende von Bretton Woods – Als die Kurse schwanken lernten
Vor 40 Jahren brach das System fester Wechselkurse zusammen, auf das sich die wichtigsten Handelsnationen der Welt am Ende des Zweiten Weltkriegs geeinigt hatten.
www.bundesbank.de

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 10d
Except that France only has spare power in summer, when it is least useful. Nuclear + solar is a terrible combo.
jamesomalley.co.uk James O'Malley @jamesomalley.co.uk · 10d
I wish we had France’s problem of too much abundant clean energy.
dangrey.bsky.social Dan Grey @dangrey.bsky.social · 10d
France has ended up in a strange position after using some €250bn of tax-payer money to build a fleet of nuclear power stations. Wind and solar power is merrily entering the French power market at prices nuclear production can't match, resulting in huge surpluses of power.

1/

Reposted by Tim Leunig

jamesomalley.co.uk
James O'Malley @jamesomalley.co.uk · 10d
I wish we had France’s problem of too much abundant clean energy.
dangrey.bsky.social Dan Grey @dangrey.bsky.social · 10d
France has ended up in a strange position after using some €250bn of tax-payer money to build a fleet of nuclear power stations. Wind and solar power is merrily entering the French power market at prices nuclear production can't match, resulting in huge surpluses of power.

1/
Électricité : un rapport confidentiel d’EDF anticipe une explosion des coûts et des risques
« Le Point » s’est procuré le rapport interne d’EDF sur les conséquences de la modulation de son parc nucléaire pour faire place aux renouvelables. Un document explosif, alors que le gouvernement s’ap...
www.lepoint.fr

timleunig.bsky.social
Tim Leunig @timleunig.bsky.social · 12d
I have written a column for @ObserverUK on the history of gold as an investment, and why its should now be seen as a risky, not a safe, investment. observer.co.uk/news/nationa...
History predicts a fall in the price of gold. I wouldn’t ...
The precious metal is now worth $5,000 an ounce and anyone who bought big a year ago has made a fortune, but that doesn’t mean it won’t go higher still
observer.co.uk

Reposted by Tim Leunig

acjsissons.bsky.social
Andrew Sissons @acjsissons.bsky.social · 13d
Just catching up on the situation with UKRI and I can’t claim much expertise, but worth saying:
1. Research funding is pretty crucial when you’re a knowledge-based economy like the UK is
2. Blanket pauses in funding can be very damaging

www.bbc.co.uk/news/article...
UK’s £8bn research fund faces “hard decisions” as it pauses new grants
UKRI boss Ian Chapman said it had been told by the government to
www.bbc.co.uk

Reposted by Tim Bale, Tim Leunig

pickardje.bsky.social
Jim Pickard @pickardje.bsky.social · 14d
Parliament today