Value Added is a newsletter on global macroeconomics, finance, markets, public policy and political economy. With the odd dash of economic history.

Value Added is written to be read rather than to fill up your inboxes. The typical newsletter is around the 800 word mark.

There are three ways to subscribe and support this publication.

  • You can sign up to receive a weekly newsletter, and occasionally some bonus material, for free. There is no earthly reason why you should not do this.

  • You can sign up as a paid subscriber. That will get you two newsletters a week, as well as one longer and more in-depth newsletter a month and a monthly round-up of interesting links, further reading and useful research papers.  You will also have the ability to comment on posts and join the discussion.

  • Finally, you can sign up as a founding member. That will get you all the benefits of a paid subscription and also my eternal gratitude.

About me

I’m an economist, journalist and author. I’ve covered the British economy for the Economist, the global economy for BBC Newsnight and been the economics columnist for Prospect magazine. I’ve also written for a range of other publications from the Financial Times to Political Quarterly. I began my career at the Bank of England, working on monetary and credit data at a time when no one really cared about monetary and credit data and after that worked in both asset management and public policy.

My first book, Two Hundred Years of Muddling Through, was published by Little, Brown in August 2021. You can buy it here.

The Financial Times said it was “the history that really matters”.

The Times called it, “impressively researched, succinctly written and highly readable”.

Adam Tooze was kind enough to say it was “pitch perfect, fast-moving, brilliantly well judged”.

My eldest child, aged eight and a half, reckons “it is quite dull and doesn’t have many good characters”.  You can’t please everyone.

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