Urban and Regional Economics Seminar Group (URESG): international network of academics, policy makers and practitioners
Finsbury Park London, England
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URESG retweeted
UK median pay of employee is £31,884 a yr.
Working-age adult needs £31,500 to reach minimum income standard .
Lone parent with 2 children, £67600.
Couple with 2 children, £77400.
Can't get growth without redistribution. Must cut tax on the poorest 50%.
leftfootforward.org/2026/09/…
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One of Cliffe Vale's great sanitaryware names was Twyfords - trade name for urinals: Adamant. Its purpose-built 1887 works there is described as the first bathroom factory in the world. The Twyford name is now owned by the Swiss group Geberit.
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When I say that economics isn't a real science, it's not just because economics cannot achieve the same rigour of proof as the hard sciences.
It's also because a frighteningly large number of theories in modern mainstream economics aren't based on rigorous empirical evidence — or, at best, simplify to the extreme.
Examples include Heckscher-Ohlin trade theory, expected utility theory, the Solow-Swan model, the efficient market hypothesis, and the money multiplier. The list goes on.
Students ought to know that when they enrol in an undergraduate economics degree, they are more likely to learn theories dreamed up from an armchair than ones built on meticulous observation of the real world.
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URESG retweeted
Staple Inn was established in the 14th century when it was known as le Stapledhalle, where merchants weighed and traded wool. In the 15th century the buildings became part of an Inn of Chancery for the legal profession. The part on what is now High holborn dates from 1585.
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We don’t want ‘control’.
We don’t want ‘public interest companies’
We want full-fat, public ownership now!
Our friends at @serauk challenging the CAC’s decision to rule out our joint motion calling for public ownership of water.
Privatised water has failed. We need public ownership now - and Labour must be able to debate bold ideas to achieve real change.
#LabourConference2026
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When the European Commission says it wants us to save like Americans, pouring (retirement) savings into capital markets, it never says that we'd have to live like Americans too.
Follow the money, get to privatized 'welfare'.
Forget grandiose talk of curing cancer - this is what AI is actually doing to healthcare.
In the words of one cardiologist: “it’s bots fighting bots, agents fighting agents, a horrible dystopic future nobody wants to live in.”
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URESG retweeted
The Youngest Teddy Boy Leonard Woodward, aged five, proudly wearing his Teddy Boy suit in Fulham, London, May 1954
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I read Menger's The Origins of Money. It's largely theoretical and conjectural for how money could have emerged.
In David Graeber's Debt: The First 5,000 Years, he actually engages with the archaeological and historical evidence for how money, debt, and credit systems developed.
Carl Menger published On the Origins of Money in 1892, and it remains arguably the most devastating refutation of the statist theory of money ever written.
Menger worked in Vienna during the late 19th century, when the German Historical School dominated European economics. That school rejected universal economic laws and insisted governments shape institutions deliberately. Menger spent his career dismantling that claim. His 1871 "Principles of Economics" launched the marginalist revolution, and his 1892 essay finished the job on monetary theory specifically.
The core argument is simple and brutal: nobody invented money. No king decreed it, no parliament voted it into existence. Individual traders, acting on self-interest, gradually converged on the most saleable commodity available to them. Gold and silver won because they are durable, divisible, portable, and scarce. This process happened spontaneously, across cultures, without central coordination. Menger called the most saleable good the most "liquid" commodity, and traced how liquidity differences between goods naturally selected winners over centuries of voluntary exchange.
Menger exposes the state's foundational lie: that money derives its validity from government authority. Every central bank, every fiat currency regime, every IMF directive operates on that lie. The Federal Reserve, which prints dollars with no commodity anchor and has destroyed roughly 97% of the dollar's 1913 purchasing power, exists entirely because the state captured and corrupted a spontaneous market institution.
Menger's legacy is the intellectual ammunition to say clearly that central banks are parasites on a system they did not build and cannot improve. The market created money, then Governments hijacked it.
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It seems that the good of private corporations is assumed to be the route to public good. Did not seem to be last time. Or the time before that. @RegenerationEX @RosieP4 @sheilaoliver16 @NewCor18146 @QuintinBradley @khnh80044 @URESG76 @Dr_K_Farnsworth @LizWebsterSBF
Genuinely baffling. This is a bailout to the developer-led property model, instead of the actual system change we need.
Councils need funds and infrastructure to build council housing, leasehold need to be abolished across the board, and we need rent controls now.
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Cambridge University has compulsory course on bystander responsibility
What happens if institution itself is the bystander?
Vice-Chancellor was criticised for retaliation against a whistleblower at Tribunal
Maybe she needs online training herself?
theguardian.com/education/20…
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A reminder that all the aspects of our economic system are made up and we can have a better system if we wanted to.
Homelessness for example. We could have an economy that builds homes for homeless people.
It does not have to be this way.
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Some of your masked black shirts would've supported the fascists in 1939 and been locked up in Britain.
@Kevin_Maguire The only "whiff" will be the skindmarks in your grundies. The similarity with the 1930's is that yet again it is working class Brits resisting the invasion of their nation. And yet again it is those on the left who would betray our nation.
@CamillaTominey
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There is no such thing as taxpayers’ money piped.video/4AyhV70BDwE?si=L6n9… Anyone who claims the government spends taxpayers' money is talking total nonsense. The problem is that almost all our politicians do.
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