Benjamin Studebaker

Yet Another Attempt to Make the World a Better Place by Writing Things

Tag: Financialization

Britain: For the Love of God, Please Stop Theresa May

On June 8 (this Thursday), Britain has a general election. I care deeply about British politics–I’m doing my PhD at Cambridge. But more importantly, Theresa May’s government has managed the country’s economy and public services with stunning fecklessness, and I couldn’t live with myself if I didn’t do my part to point this out.

Read the rest of this entry »

The Democratic Party Debate: 5 Reasons Why Sanders Won and Clinton Lost

I watched the first Democratic Party debate, hosted by CNN. CNN also hosted the second Republican Party debate, and in both debates it tried to get the candidates to fight each other on camera for the entertainment of the viewing public, repeatedly asking questions designed to get candidates to criticize or attack one another. In the republican debate, this tactic worked perhaps too well–the debate deteriorated into a series of personal attacks, with little relevant policy content. For that reason, I didn’t bother to write up an analysis of the second republican debate–there was little of substance to analyze. The democratic candidates did a better job of resisting their baser instincts, and we did manage to get some interesting exchanges on serious policy issues, particularly between Bernie Sanders and Hillary Clinton. In these exchanges, it was quite clear that Sanders was the winner–his arguments were significantly stronger and more convincing than Clinton’s.

Read the rest of this entry »

Jeremy Corbyn’s Economic Plan is Not Crazy

Over the past week, I’ve been hearing the rumors. They’re saying that Jeremy Corbyn is crazy–that he’s released an economic plan so radical, so incendiary, so madcap that no reasonable person could possibly support him for Labour leader. I thought to myself “Oh no Jeremy, what could you possibly have done to get these folks so riled up?” So I read the plan. It’s not crazy–indeed, there is significant support in the literature and in recent experience for what Corbyn is proposing.

Read the rest of this entry »

13 Terrible Tory Counterarguments

A few days ago, I wrote a post called Britain: For the Love of God, Please Stop David Cameron. I didn’t expect much out of it, because my usual audience is predominately American, and many Americans take little interest in the British elections. So I was pleasantly surprised when it went semi-viral in the UK, quickly becoming the most popular post I have written. Naturally, with a larger audience comes more critical (and sometimes just aggressively hostile) comments, and my usual policy of responding to every critical or interesting comment I receive is increasingly no longer practical. So instead, I’ve decided to write this all-purpose response to the most common bad critiques I’ve seen levied at my post. If you’re one of the wonderful people who read my post and deemed it worth sharing, I hope that this post will help you deal with any Tory supporters you may run across who may try to give you grief about it. So let’s get started.

Read the rest of this entry »

Britain: For the Love of God, Please Stop David Cameron

On May 7 (this Thursday), Britain has a general election. I care deeply about British politics–I did my BA over there and will return to do my PhD there this fall. But more importantly, David Cameron’s government has managed the country’s economy with stunning fecklessness, and I couldn’t live with myself if I didn’t do my part to point this out.

Read the rest of this entry »