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RT by @jburnmurdoch: " For the first time ever, more people are employed by remodeling companies than by single-family and multifamily developers combined." https://www.theargumentmag.com/p/americas-endless-home-makeover

https://nitter.poast.org/JerusalemDemsas/status/2085013019235352926#m

Published: August 5, 2026 14:40

" For the first time ever, more people are employed by remodeling companies than by single-family and multifamily developers combined." theargumentmag.com/p/america…

RT by @jburnmurdoch: EXC: UK govt is “stripping back” onerous public procurement rules in pro-growth shake up of system Louise Haigh tells @FT the overhaul will make job creation and skills development the only ‘social value’ requirements for businesses competing to win Whitehall contracts worth £90bn annually Net zero/environmental criteria, and demands as diverse as tackling domestic violence and improving local high streets will be scrapped from new social value model https://www.ft.com/content/9878a2e4-3ac5-43b0-b2c9-b1fe1a4b65e7?syn-25a6b1a6=1utm_content=social-post-lucy

https://nitter.poast.org/LOS_Fisher/status/2084747951247913360#m

Published: August 4, 2026 21:06

EXC: UK govt is “stripping back” onerous public procurement rules in pro-growth shake up of system Louise Haigh tells @FT the overhaul will make job creation and skills development the only ‘social value’ requirements for businesses competing to win…

RT by @jburnmurdoch: Great column! Let me take this opportunity to shamelessly promote the review of Dani Rodrik's "Shared Prosperity" that @grattonecon and I wrote earlier this year. Here is the relevant page, which contains references to a number of excellent papers that complement John's points.

https://nitter.poast.org/edenhofer_jacob/status/2084155327428317319#m

Published: August 3, 2026 05:52

Great column! Let me take this opportunity to shamelessly promote the review of Dani Rodrik's "Shared Prosperity" that @grattonecon and I wrote earlier this year. Here is the relevant page, which contains references to a number of excellent papers that…

RT by @jburnmurdoch: Whether devolution caused the economic overperformance is another, more interesting, question. . But I've been astonished at how many and how senior are the economists and policy people in Britain who don't know that the devolved parts of Britain have overperformed economically.

https://nitter.poast.org/thomasforth/status/2084024908418310360#m

Published: August 2, 2026 21:13

Whether devolution caused the economic overperformance is another, more interesting, question. . But I've been astonished at how many and how senior are the economists and policy people in Britain who don't know that the devolved parts of Britain have…

R to @jburnmurdoch: Clarification: The equivalent to moving from the median to the 75th percentile of the wage distribution *for your entire career*.

https://nitter.poast.org/jburnmurdoch/status/2083177077071642723#m

Published: July 31, 2026 13:04

Clarification: The equivalent to moving from the median to the 75th percentile of the wage distribution *for your entire career*.

R to @jburnmurdoch: The shift from a society where one’s economic standing was mainly determined by income to one where wealth does more of the talking has been quiet, but hugely consequential imo. It changes incentives, status, beliefs in fairness, and imo helps explain why many feel the system is broken One key question is whether the boom in wealth vs income was a one-time thing, whether it will slowly unwind, or widen further. Tumbling interest rates in 1980s/90s were distinct moments. Credit/QE similar. But other forces ongoing (e.g superstar cities + weak housing response -> rising land & property prices). And even where this was a one-time event it leaves a long shadow. Medium term it supercharges inter-generational inequality (young people had no assets so no boom). Long term, the children of asset owners will receive a big financial boost; the children of those who had no assets won’t. Given how little the typical person saves, the passive gains that even the average asset-holder benefitted from can amount to decades’ worth of what someone can reasonably expect to save from their salary. Or the equivalent to moving from the median to the 75th percentile of the wage distribution. Thoughts? Questions? Things I’ve missed? (trying to be a bit more active on socials going forward)

https://nitter.poast.org/jburnmurdoch/status/2083176275892457687#m

Published: July 31, 2026 13:01

The shift from a society where one’s economic standing was mainly determined by income to one where wealth does more of the talking has been quiet, but hugely consequential imo. It changes incentives, status, beliefs in fairness, and imo helps explain why…

New from me: Until recently, the gap between comfortably-off and just-getting-started could plausibly be crossed in a decade or two of hard work. Growth in asset prices means that’s no longer true. My column on moving from income world to wealth world: https://www.ft.com/content/6a35508c-c0bd-4000-81b3-7c7383fb24fd?syn-25a6b1a6=1

https://nitter.poast.org/jburnmurdoch/status/2083176272872575270#m

Published: July 31, 2026 13:01

New from me: Until recently, the gap between comfortably-off and just-getting-started could plausibly be crossed in a decade or two of hard work. Growth in asset prices means that’s no longer true. My column on moving from income world to wealth world:…

RT by @jburnmurdoch: My guess is most people aren’t aware of this so it’s good to see it reported in the FT. House builders are seeing their margins fall despite increases in revenues. The reason? Build costs are up. A lot. That’s partly because of general inflationary pressures but also partly because of the growing cost of planning policy and regulations. The consequence is that fewer development sites are viable and fewer homes will be built.

https://nitter.poast.org/Paul_SLG/status/2081056274603495812#m

Published: July 25, 2026 16:37

My guess is most people aren’t aware of this so it’s good to see it reported in the FT. House builders are seeing their margins fall despite increases in revenues. The reason? Build costs are up. A lot. That’s partly because of general inflationary…

RT by @jburnmurdoch: New episode of HARD DRUGS! Are miracle drugs hiding in plain sight? GLP-1 drugs have transformed diabetes and obesity, can help treat heart disease, kidney disease, sleep apnea, and may also work against dementia. But they’re far from the only medicine with more multiple uses. Aspirin, colchicine, minoxidil, Botox, and, famously, Viagra were all found to treat more conditions than expected. (Did you know that BCG vaccines are used to treat bladder cancer?) In fact, about a third of FDA-approved small molecule drugs are later approved for a second use. But sometimes, it takes several decades - and public funding - to learn whether existing drugs could work for more conditions. Moxidectin, for example, went untested for human diseases for decades; we now know that it can cure ~70% of whipworm infections in kids. Aspirin was used for over a century before we found it had cardiovascular benefits. Why? The commercial incentive to test further is time-limited: once a drug goes off-patent and generics can enter, drug developers can get undercut, so it’s no longer worth it to run expensive clinical trials to test other uses. The problem is even larger for tropical diseases, which are often not profitable to treat in the first place. The result is that we’re missing out on knowing about a lot of additional uses of already-approved drugs! There may be more miracle drugs hiding in plain sight. And economists estimate the ‘missing innovation’ would be worth 100 to 400 billion dollars in social value annually(!) How do we solve this? In this episode, @JacobTref and I chat about all the above and more!

https://nitter.poast.org/salonium/status/2080636899677405377#m

Published: July 24, 2026 12:51

New episode of HARD DRUGS! Are miracle drugs hiding in plain sight? GLP-1 drugs have transformed diabetes and obesity, can help treat heart disease, kidney disease, sleep apnea, and may also work against dementia. But they’re far from the only medicine…

https://nitter.poast.org/PeterMcCrory/status/2079979321607745905#m

Published: July 22, 2026 17:18