Tim Worstall

It is all obvious or trivial except…

 

 

Entries from May 2009

Adam Smith in one sentence

May 2nd, 2009 · 2 Comments

He describes meticulously that which is – and not so much that which should be.

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Tags: Economics

In which I am reamed a new one

May 2nd, 2009 · 6 Comments

By Ritchie no less. In reponse to this post he tells us that: Worstall clearly believes in trickle down I guess he believes in fairies too They require the same feat of imagination So, let us ponder, do I believe in trickle down? It rather depends upon what you mean by trickle down I suppose. [...]

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Tags: Economics

Sad, sad, sad

May 1st, 2009 · 6 Comments

‘The practice, called trade mispricing, costs developing countries dearly. We estimate that the US$160bn lost each year could, if used according to current spending patterns, save the lives of 350,000 children under the age of five every year." You see, because if companies don’t pay their taxes then the money just disappears. There’s no such [...]

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Tags: Finance

Food banks

May 1st, 2009 · 1 Comment

Nardella says she longs for the day when she is out of business because food banks are no longer necessary, and that it is a poor reflection on the US that there should be hungry people in the richest country in the world. "I think it’s a shame, because we have plenty of resources in [...]

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Tags: Current Affairs

Glory, glory!

May 1st, 2009 · 3 Comments

The little-noticed proposals – originally tucked away in a note to the Budget – mean that from April 2010, taxpayers would no longer be able to sue Revenue & Customs in the High Court to reclaim overpaid corporation, income and capital gains tax. Yup, if they screw up, if they break the law, you can [...]

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Tags: Tax

Libertarian paternalism

May 1st, 2009 · 9 Comments

Look, can we just accept that libertarian paternalism is just a nasty subset of social facism? Or at least, that certain of those proposing libertarian paternalism are proposing a nasty subset of social facism? Prof Julian Le Grand, the architect of a clutch of New Labour policies such as baby bonds, is calling for marriage [...]

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Tags: Sex