He describes meticulously that which is – and not so much that which should be.
Entries from May 2009
Adam Smith in one sentence
May 2nd, 2009 · 2 Comments
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
Tags: Sex