@frapacioli.bsky.social
‘If the first rule of democracy is “Learn how to count”, perhaps the first rule of economics should be “Learn how to account”.’ https://substack.com/@frapacioli?r=7dnd50&utm_medium=ios&utm_source=profile&shareImageVariant=image
How the UK government’s finances really work. Prepare to be surprised – shocked, even. substack.com/@frapacioli/...
The Self-Financing State
A Layperson's Summary
substack.com
February 15, 2026 at 9:31 AM