Dan Turner

New post just out: "Running Hot" A guest post today from @edballs + his research colleague Dan Turner. It looks at why the US economy has grown so much faster than the UK's (pre-Trump). And what Rachel Reeves can learn from that. (Free to read) open.substack.com/pub/samf/p/run…

11/ Finally—it’s impossible to do justice to the richness of the interviews in a thread, including from Cecelia Rouse, @jasonfurman, @MichaelRStrain, Alejandra Y Castillo, @jonasnahm and Jonah Wagner. You can read each in full here: sites.harvard.edu/uk-regional-gr…

10/ Thanks to @HarvardBizGov and @thestrandgroup for supporting the project—and for hosting us at our US launch (with @MyStephanomics) and tonight’s UK launch at KCL with @martinwolf_, Andy Haldane, and Shriti Vadera. The US launch is up here: youtube.com/channel/UCBIKM…

1/ Today, we publish a new working paper: what should the UK learn from Bidenomics? At its core are 15 interviews—including 5 former Council of Economic Advisers members (3 of them Chairs), 4 former NEC Directors & 2 former Cabinet members. hks.harvard.edu/centers/mrcbg/…

So proud of the work my colleagues at the Inclusive Growth Network have done over the last 4 years—tackling inequality, boosting local economies, and driving real change. Check out their mighty impact report 👇

Just over a fortnight until our Inclusive Growth Conference at the Royal Society of the Arts. What will a "decade of national renewal" for all places and people look like? Sign-up for your (free, inc lunch and drinks) tickets👇 eventbrite.co.uk/e/inclusive-gr…

@themjcouk Thanks, had missed that!

@DanTurnerTweets The Budget docs read: ‘The White Paper will set out more detail on Govt's devolution plans, including working with councils to move to simpler structures that make sense for their local areas, with efficiency savings from reorganisation helping to meet the needs of local people.'

“Invest invest invest” - exactly the right framing for the Budget

@PJTheEconomist Could be a mechanism to spur labour market reallocation to more productive firms, Scandi-style

I'm not sure I understand choice to get so much of the employer NIC increase by cutting the threshold. It hits employers of the low paid much harder than others. Put alongside big rises in minimum wage and costs of employing low earners will rise a lot.

My concern is that transport investment has been undervalued as a driver of productivity growth. Would’ve liked to have a seen a capital-to-revenue wheeze to subsidise intra-city transport. Top of the wishlist for next November

The good news is that today’s budget makes future reform/planning easier. Today ticked so many political boxes (manifesto delivery, plan to improve services public care most about), that policymakers are now less constrained in future budgets; w more scope for novel policies

More considered Budget take: the Chancellor delivered on scale (size of tax rises); strategy (higher public spending to induce private investment); and delivering tricky set of manifesto pledges (plus political red meat of spending on schools and hospitals). BUT this is step one