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frapacioli.bsky.social

@frapacioli.bsky.social

93 followers 103 following 437 posts

‘If the first rule of democracy is “Learn how to count”, perhaps the first rule of economics should be “Learn how to account”.’ substack.com/@frapacioli?r=7dnd50&u…

Posts Replies Media

frapacioli.bsky.social @frapacioli.bsky.social · 12/08/2026

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frapacioli.bsky.social @frapacioli.bsky.social · 14/07/2026

Fiscal rules are for sensible fools - the Andy Burnham story open.substack.com/pub/frapacio...

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frapacioli.bsky.social @frapacioli.bsky.social · 06/06/2026

A TALE OF TWO BANKS Food banks and commercial banks seem to have nothing in common, except they’re both booming – and surprisingly connected. frapacioli.substack.com/p/a-tale-of-...

Image montage - UK banknotes top right; a food bank donation bucket lower left.

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frapacioli.bsky.social @frapacioli.bsky.social · 25/04/2026

How the UK state *actually* pays for stuff. open.substack.com/pub/frapacio...

The Self-Financing State - A Layperson’s Summary (with a photo of the Houses of Parliament).

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frapacioli.bsky.social @frapacioli.bsky.social · 25/04/2026

The back-to-front reality of the UK government’s finances. open.substack.com/pub/frapacio...

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frapacioli.bsky.social @frapacioli.bsky.social · 27/03/2026

Thanks to Margaret Thatcher, a lot of people in the UK believe the government has to collect tax and borrow money before it can spend. But for that to work, reality would have to be very different... open.substack.com/pub/frapacio...

Margaret Thatcher speaking at the 1983 Conservative Party Conference.

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frapacioli.bsky.social @frapacioli.bsky.social · 12/03/2026

A Blueprint for the OER What 'economic responsibility' should mean – and how an Office for Economic Responsibility would make it real. substack.com/@frapacioli/...

The official text for the 'Office of Budget Responsibility' with 'Budget' crossed out and 'Economic' substitued.

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frapacioli.bsky.social @frapacioli.bsky.social · 09/03/2026

Bye-bye OBR, hello OER. It’s time to replace the Office for Budget Responsibility with something better – an Office for Economic Responsibility. open.substack.com/pub/frapacio...

Official lettering for the Office of Budget Responsibility.

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frapacioli.bsky.social @frapacioli.bsky.social · 02/03/2026

Tomorrow, all eyes will be on Rachel Reeves’s Spring Statement. But will she finally address the scandal buried deep in the government’s finances? A *£20bn* annual drain on the public purse is quietly flowing to commercial banks while the country continues to suffer economic stagnation. 🧵 1/

A battered Union Jack piggy bank, surrounded by coins and bits of dirt.

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frapacioli.bsky.social @frapacioli.bsky.social · 20/02/2026

Trump’s people are moronic.

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