Tim Worstall

It is all obvious or trivial except…

 

 

Entries from August 2009

That’s interesting

August 24th, 2009 · 3 Comments

Britain’s women control over £400m more expenditure every week than men do. Rather puts the kibosh on the complaint that women earn less than men, doesn’t it? Who the hell cares who makes it ….who gets to spend it is what counts.

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Tags: Feminism

The joys of peasant life

August 24th, 2009 · 3 Comments

Yes, community there is indeed. It means scraping a living from the animals you keep and the patches of vegetables you’ve always grown. It means cabbage soup or beans and potatoes smothered in olive oil, plus chorizo made from every last bit of the pig you slaughtered yourself, washed down with the light red wine [...]

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Tags: Johnny Foreigner

Quote of the day

August 23rd, 2009 · No Comments

I still remember Stoke’s very own Indira Gandhi Family Planning Clinic.

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Tags: Johnny Foreigner

Ian Wright MP: Twat

August 23rd, 2009 · 6 Comments

An education minister has claimed that the reason independent schools achieve such high grades at A-level is the “narrow focus” of their curriculum compared with that of state schools. That’s right, indpendent schools spend so much less time on sports, music, drama, and all the other extra-curricular stuff, don’t they. No wonder the State education [...]

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Tags: Education

Northern Rock PIBs

August 23rd, 2009 · 4 Comments

Any of my financial market readers want to comment? The Pibs, which were issued in 1994 at 100p, are now worth just 20p, having seen their price fall by 65pc from 57p following Northern Rock’s announcement earlier this week that it would suspend interest payments on various debt securities whose terms and conditions allowed it. [...]

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Tags: Finance

That letter from the FBI Director

August 23rd, 2009 · 4 Comments

Unfortunately, Robert S Meuller III seems not to know what he’s talking about.

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Tags: Law

Forgive me

August 22nd, 2009 · 3 Comments

But Lord Mandelson has just had an operation on his prostate on Praed Street? This will mean nothing to those who have not heard of Tom Driberg but still….forgive me for it did cause a snigger.

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Tags: Health Care

Snigger

August 22nd, 2009 · 2 Comments

Gordon Brown has broken the contract he made when he arrived in No 10 that promised easier access to university: Blair’s promise of 50% graduates by 2010 could have been achieved this year. Instead Brown’s short-lived Department of Innovation, Universities and Skills bungled its costings. I can get no costing for the rise and fall [...]

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Tags: Newspaper Watch

How ineffably amusing

August 22nd, 2009 · 4 Comments

Mr. We Must Protect the Environment himself, George Monbiot, writes an article praising the hunter gatherer lifestyle of fishing from a sea kayak. That hunter gatherer lifestyle which if all 6 billion of us tried it would have the planet stripped of everything edible in about three months.

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Tags: Environmentalism

My word, could there be a connection here?

August 22nd, 2009 · 3 Comments

The NHS has higher sickness rates than the rest of the public sector and enjoys the most generous terms and conditions while off work. You know, I think there might be a connection. If you pay people to be inactive, there will be more inactivity. Lord (Professor, Richard) Layard Gosh, interesting, eh?

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Tags: Your Tax Money At Work

Britblog Roundup 235

August 21st, 2009 · No Comments

Here.

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Tags: Britblog Roundup

Why we love the profit motive part XIV

August 21st, 2009 · 9 Comments

Now Mackey, the face of the company, is not only at odds with a central tenet of progressivism, but a supporter of free-market evangelism that has no space for the community-based, egalitarian solutions his customers support. It means that the founder and CEO of Whole Foods, that store which supplies exactly what you want, can [...]

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Tags: Economics

Shock Horror!

August 21st, 2009 · 5 Comments

Dan Brown tops Oxfam’s chart of most-donated books… Think this through a moment: more Dan Brown books are sold new than of any other (well, damn nearly any other). Thus we would expect to see more Dan Brown books in second hand shops than any other, more donated to charity shops than any other. Yes? [...]

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Tags: Books

A lesson for Richard Murphy

August 20th, 2009 · 15 Comments

Briefly put, higher corporate taxes reduce the after-tax rate of return on investment, and this in turn reduces investment, employment and income below what they might otherwise have been. Of course, we might be prepared to pay this price if increasing corporate taxes reduced inequality, and there are apparently people who believe that this is [...]

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Tags: Economics · Tax

Smart Americans

August 20th, 2009 · No Comments

It’s not so much that the American people have turned against Obama’s health-care reform effort as they’ve turned against the legislative process in general. Which, when you see what the legislators actually get up to, makes perfect sense.

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Tags: Politics

Eh?

August 20th, 2009 · 1 Comment

but nowhere more so than in China, the world’s second-biggest oil consumer, whose policymakers fully expect their currency to have to be revalued, hitting cheap energy-guzzling producers, Err, a revaluation of the currency would make imported oil cheaper for those paying in domestic currency…..

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Tags: Economics

Yes Michael

August 20th, 2009 · 4 Comments

Most immediately, banks should be made to increase their lending to businesses and homeowners substantially. M4 lending, which measures this, has fallen from a growth rate of 19.8% in February 2007 to just 0.3% in May this year, and it may well be negative by now. Top management in the part-nationalised RBS and Lloyds should [...]

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Tags: Finance

On equating Stalin and Hitler

August 20th, 2009 · 19 Comments

Naughty, naughty, says Jonathan Steele. But the issue matters as it marks an unpleasant effort by many Baltic and central European politicians to equate Stalinism and Nazism or claim Stalinism was worse. No, no, mustn’t do that. The Molotov-Ribbentrop pact certainly showed Stalin to be as cynical as Hitler. But to jump from that to [...]

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Tags: Idiotarians

The reason we do not ban the burqini

August 20th, 2009 · 14 Comments

It is true that countries run by megalomaniac theocrats ban costumes like the bikini. Justifying the move, Mr Buonanno added: “Imagine a western woman bathing in a bikini in a Muslim country. The consequences could be decapitation, prison or deportation. We are merely prohibiting the use of the burqini.” The reason we do not ban [...]

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Tags: Idiotarians

Good Lord….

August 20th, 2009 · 3 Comments

We actually have someone sensible in government? “We’ll never sell a low-carbon future to the public if it depends on a deprivation model. I’m convinced that there’s no necessary trade-off between a low carbon future and more or less transport,” he said. “The critical factor is the deployment of technology and the intelligent use of [...]

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Tags: climate change