Opinionomics | 16 April 2012

Must-read comment and analysis. Featuring the future of newspapers, education, and Ed Milliband

1. Dependency cultures (Economist | Graphic Detail)

What distinguishes countries with a spiking bond yield from those without? Graphic Detail suggests that it may be proportion of foreign investment. Their chart could do with a few more data points, though…

2. Bryan Caplan’s signaling model and on-line education (Marginal Revolution)

Tyler Cowen applies an interesting (though wonkish) discussion to the topic of online education.

3. The Daily Melody (Economic Principals)

David Warsh looks at the economics of the newspaper industry.

4. Ed Miliband has saved the union link (LabourList)

Mark Ferguson looks at the fallout from Ed Miliband's attempt to take the lead on party funding.

5. Abolish budgets (Stumbling and Mumbling)

Chris Dillow wants to abolish the budget. Go for it!

Newspapers report on the sinking of the Titanic - but can the industry survive today? Credit: Getty

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

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Tony Blair won't endorse the Labour leader - Jeremy Corbyn's fans are celebrating

The thrice-elected Prime Minister is no fan of the new Labour leader. 

Labour heavyweights usually support each other - at least in public. But the former Prime Minister Tony Blair couldn't bring himself to do so when asked on Sky News.

He dodged the question of whether the current Labour leader was the best person to lead the country, instead urging voters not to give Theresa May a "blank cheque". 

If this seems shocking, it's worth remembering that Corbyn refused to say whether he would pick "Trotskyism or Blairism" during the Labour leadership campaign. Corbyn was after all behind the Stop the War Coalition, which opposed Blair's decision to join the invasion of Iraq. 

For some Corbyn supporters, it seems that there couldn't be a greater boon than the thrice-elected PM witholding his endorsement in a critical general election. 

Julia Rampen is the digital news editor of the New Statesman (previously editor of The Staggers, The New Statesman's online rolling politics blog). She has also been deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines. 

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