Howard Davies, writing for Project Syndicate, discusses the new Bank of England governor and the regulatory structure in the UK. “Though forward guidance is a useful part of the modern central banker’s tool kit, the Anglo-Canadian version on display in London is highly complex, mainly because it has been shoehorned into a policy framework designed for another purpose”

In the wake of UK authorities stopping David Miranda at Heathrow for nine hours, Charlie Beckett, writing on LSE’s POLIS blog, avoids “Orwellian conspiracy/victim framing”. “Political journalism has always been and always will be a struggle between those who have power and those who seek to expose its workings. I don’t know how you measure who’s winning at the moment but certainly the rules of engagement are changing because of new technologies and globalisation.”

David Boyle, writing on the Real Blog, discusses pointless jobs. “Here is the peculiar paradox of the modern economic system.  It is supposed to be so efficient, but it is paying people to do useless, inconsequential things, while it can’t afford to pay people to do many of the useful things – teaching children, looking after old people.”

Fabian Zuleeg, writing on the Future of UK and Scotland blog, argues that “[t]he Scottish independence vote is thus inextricably bound to the potential UK in-out referendum”.

Simon Wren-Lewis of the MainlyMacro blog writes about the use of the left-right political spectrum. “Are we in danger of entering that state of affairs where everyone just ‘knows’ that the BBC is biased to the left, just as everyone ‘knows’ that there is a liberal bias in the US media, without bothering with that annoying stuff called evidence?”