Anand Menon in The Guardian: ‘The notion that he’s going to turn himself into FDR seems absolutely fanciful....FDR surrounded himself with experts, and drew on what they had to say, in a way that Boris Johnson so far has not.’ #economicsfest
Robert Shrimsley points to the challenge Johnson’s FDR speech poses to Labour (and also the ‘huge chutzpah’ of the PM) and asks whether the oratory will trump delivery: on.ft.com/2VvVTiI#economicsfest
We've a busy week next week: Running all week to 18 October is our exhibition @RWABristol of The Death of Chatterton: ideasfestival.co.uk/events/furious…. Don't miss. Rule of six applies so very few people can see it in one go and there's something magical about seeing this on its own. 1/
12 October we've got Stephanie Kelton on The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy. This is part of a two-day event with @UniofBathIPR on universal basic income. Online and free: ideasfestival.co.uk/events/stephan… 2/
A key part of our work in 2021 is on free speech and democracy with @englishpen in the Common Currency programme.
This is interesting on attempts in the 1940s to improve the first amendment where the government ‘actively facilitated free speech’: theatlantic.com/ideas/archive/… 1/4
‘Whereas the First Amendment is ordinarily understood as a prohibition against government action, the Hocking approach transforms it into a mandate for government action. Though rarely credited to Hocking, this theory is known as the positive First Amendment.’ 2/4
‘Hocking favored the use of state power to enhance free expression in three overlapping ways...rules to foster public deliberation among citizens, rules to protect speakers from economic coercion, and rules to improve the quality of public-affairs coverage in the news media.’ 3/4
Cineworld - with 128 theatres in the UK and Ireland - say cinema industry is “unviable” as film studios postpone big new films like James Bond. thetimes.co.uk/article/cinema… 1/4
‘The majority of its staff will be asked to accept redundancy, with possible incentives to rejoin the company when theatres reopen — likely to be next year.’ Cineworld do not expect cinemas to be back to pre-COVID audience numbers before 2023. 2/4
Phil Clapp, chief executive of the UK Cinema Association: ‘The announcement is probably the most serious blow to UK cinema operators of a number of similar announcements over the past few weeks and will undoubtedly cause a significant number of cinemas to close again.’ 3/4
Some mayors in the US are campaigning for - and piloting - guaranteed/ universal basic income programmes. More here: mayorsforagi.org Our events 13 October will feature two - Oakland and Stockton - as well as the experiment in Finland: ideasfestival.co.uk/events/is-it-t…#UBI 1/
'As the pandemic devastates the bank accounts of American families, mayors like Carter [St Paul, Minnesota] are proposing guaranteed income experiments...as a simple, scalable and equitable solution for families and local economies.' nbcnews.com/news/us-news/p… 2/
'Stockton has been piloting a program for around 18 months, providing $500 a month to 125 people. During the pandemic, about 45 percent of that money went to food, [Mayor] Tubbs said. Much of the rest went to other essentials, like rent.' 3/
More from @kehinde_andrews and Paul Stephenson here: ‘Accusations of being too radical followed Stephenson for years, but he has no regrets. “You can’t have true racial harmony without racial justice. So, you need to be disruptive.”’
This thread is worth reading too on the bus boycott:
‘...Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.’ 1/2 nytimes.com/interactive/20…
Trump ‘had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.’ 2/2
Trump’s response to the NYT’s reporting on his tax position is to declare it ‘fake news’: