Tim Worstall

It is all obvious or trivial except…

 

 

Entries from March 2009

Crying rape

March 19th, 2009 · 9 Comments

There’s two things to say about these new guidelines for prosecutors of rape cases. A Home Office-commissioned poll revealed earlier this month that two-fifths of the public believe that a woman should be held at least partly responsible for being sexually assaulted or raped if she was flirting with the man before the attack. Director [...]

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Tags: Law

EU illiteracy

March 18th, 2009 · 7 Comments

The European Commission’s slogan for the upcoming elections is: "European Elections it’s your choice" Err, no. Either "European Election it’s your choice" or "European Elections they’re your choice". They can’t even put a sentence together and yet they have the monstrous egotism to think they can run a continent of 500 million people?

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Tags: European Union

Tee Hee

March 18th, 2009 · 3 Comments

Here.

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Tags: Sex

The unfinished simile capital of the world

March 18th, 2009 · 7 Comments

That would be Newcastle then: "I’m gan fer me dinner like." "I’m like gan doon the pub like" Yes, but like what?  

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Tags: The English

Contracting out

March 18th, 2009 · 1 Comment

I offer you this joyous comment at CiF: Oh, a tax! What a great and novel idea! Nobody’s thought of raising taxes before. My god, that’ll totally rejuvenate Labour and suddenly the country will be fair and bunnies will dance and sing and – I think I might burst in to tears with all the [...]

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Tags: Newspaper Watch

10 ideas for Labour

March 18th, 2009 · 4 Comments

Alternatively, they labour mightily to bring forth a mouse or ten. I’m sorry, but this list is simply too dreary to bother with. The best they can come up with is build more council houses, design a green car, release some Cabinet Minutes, and zzzzzzzzzzzzzzzz About the only one that has any chance of actually [...]

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Tags: Newspaper Watch

One way to look at it.

March 18th, 2009 · 8 Comments

This death of capitalism thing. That the current difficulties require a fundamental rethink. An IMF analysis predicts that the UK will be among the worst hit this year and the only major economy to contract in 2010. It suggests that the global economy will shrink by 0.6% in 2009, compared with 3.8% in Britain. Japan’s [...]

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Tags: Economics

Now this is a school science project

March 18th, 2009 · 6 Comments

Taking atmospheric readings and photographs 20 miles above the ground, the Meteotek team of IES La Bisbal school in Catalonia completed their incredible experiment at the end of February this year. Building the electronic sensor components from scratch, Gerard Marull Paretas, Sergi Saballs Vila, Marta­ Gasull Morcillo and Jaume Puigmiquel Casamort managed to send their [...]

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Tags: Education

A snapshot of how we are ruled

March 17th, 2009 · 11 Comments

Talking about broadband internet access: Mr Richards, chief executive of Ofcom said: "55 per cent have decided they do not want it at all, even though they can afford it – we call these the ‘self excluded’. "Even though people are bombarded by messages about the range of benefits of being online – whether buying [...]

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Tags: Your Tax Money At Work

Prem Sikka

March 17th, 2009 · 4 Comments

In societies divided by money, power and influence, this is always problematical as institutional structures are colonised by economic elites. Well, yes, but in societies not so divided the political and or regulatory systems still get colonised by elites. The advantage of "free market" systems is that there’s less of the country, less of the [...]

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Tags: Economics

George’s solution

March 17th, 2009 · No Comments

To climate change: As the professor of energy policy Dieter Helm has shown, Stern’s assumption that our consumption can continue to grow while our emissions fall is implausible. To have any hope of making substantial cuts we have both to reduce our consumption and transfer resources to countries like China to pay for the switch [...]

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Tags: climate change

But, but, but….

March 17th, 2009 · 10 Comments

The Prime Minister indicates he will attempt to cap executive pay at the forthcoming G20 summit. He said that pay should reflect "hard work" and values rather than risk-taking. "Most people want business to have the same values as they practise in their everyday life," he said. "People would rather reward hard work rather than [...]

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Tags: Business

On opposition to bank bonuses

March 17th, 2009 · No Comments

Note to the President: when you stop sending them money, the bonuses will stop.

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Tags: Finance

For gold bugs

March 17th, 2009 · 6 Comments

Now does anyone really believe that the store of gold in vaults is worth over 2% of all tangible assets everywhere?  Seriously?  More: I know the gold bugs will hate this idea – because it harks back to the argument against gold – which is that it has no intrinsic value. Kill the heretic, kill [...]

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Tags: Metals

The mortgage famine is forcing middle class home buyers to downsize their properties

March 17th, 2009 · 3 Comments

Really? How fascinating. How do they do this? Wash it on extra hot to shrink it? Take a chainsaw to the house? Feed it one of Alice’s pills? And, umm, which rational person would respond to tightened belts by reducing the value of an asset they already own? Puzzles, eh?

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Tags: Newspaper Watch

Mothers work harder

March 17th, 2009 · 5 Comments

Fascinating: Women spend an average of 74 hours a week on household chores and childcare, tasks that it would cost £32,812 to pay someone else to do, according to insurer Legal and General. By contrast, men spend only 53 hours a week on domestic tasks, although it would still cost £23,296 to pay someone to [...]

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Tags: Feminism

Britblog Roundup 213

March 16th, 2009 · No Comments

Here.

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Tags: Britblog Roundup

Allow me to translate this for you

March 16th, 2009 · No Comments

Now is the time for independent thinkers to be heavily engaged in this process. Now is the time for me and my mates to get our hands on all that lovely lolly and power.

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Tags: blogs

Eeek!

March 16th, 2009 · 1 Comment

I agree with Peter Mandelson: Open trade has driven the rising levels of global prosperity that have defined the two decades leading up to the credit crunch. The growth of trade allowed countries and their companies to specialise and compete for sales globally rather than just in their home market. By allowing developing countries to [...]

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Tags: Trade

You what?

March 16th, 2009 · 3 Comments

Are these people mad? Secretive hedge funds will eventually be subject to the same supervisory rules as banks, under a tightening of Britain’s system of regulation. The changes, which will require banks and other lenders to build up their reserves in healthy economic times, could become the basis for international efforts to overhaul regulation at [...]

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Tags: Feminism