Tim Worstall

It is all obvious or trivial except…

 

 

Entries from January 2011

Scandal at Downside!

January 13th, 2011 · 35 Comments

Four monks in Somerset have been investigated over alleged sexual incidents. One has been arrested, but no charges have been brought. The four are monks at Downside Abbey, Stratton-on-the-Fosse. The allegations in some cases involve former pupils at Downside School, which the abbey runs. Hmm. Dom Antony Sutch has resigned as a contributor to Radio [...]

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Tags: The Blogger Himself

Edward Woollard sentence

January 13th, 2011 · 3 Comments

Two years and 8 months for a mullett is indeed harsh. But I think we all agree that something must be done, no?

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Tags: Law

Green bonds

January 13th, 2011 · 1 Comment

I have a go at them in the comments here: Oh dear God. I’d hope for rather better from a banker than this tripe. Look, there’s a very good reason why “green bonds” won’t work at present. Because the “green investment projects” don’t work at present. The numbers just don’t add up. Without subsidy all [...]

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Tags: climate change · Finance

Yes, there’s even more!

January 13th, 2011 · 8 Comments

Ritchie tells us that: But the effect of putting so much extra woodland on the open market in the next few years is expected to lead to a rush of corporations and wealthy people taking advantage of the tax sweeteners that already exist for forestry owners, says accountant Richard Murphy, director of Tax Research LLP [...]

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Tags: Ragging on Ritchie

The Great Man speaks on inflation

January 13th, 2011 · 3 Comments

May 6 th 2010: As readers of this blog probably know, I’m not averse to some inflation. In fact, I think it pretty well nigh on essential that successful economies embrace some inflation, and probably a little higher than the UK has had for some time. It seems to make that this is the only [...]

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Tags: Ragging on Ritchie

Paul Krugman on the euro

January 13th, 2011 · 3 Comments

A very good piece: and I don’t say that just because I agree with almost all of it.

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Tags: European Union

The Klaxon Institute: solving two problems for the price of one

January 13th, 2011 · No Comments

This is really rather well done: At the Klaxon Institute, we help patients look good and feel good – and now we are pioneering a new way to help them do good. Our new reverse liposuction technique allows us to take the excess fatty tissue from our patients and inject this into the bodies of [...]

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Tags: Blatant Advertising

The Asus Sonic Master

January 13th, 2011 · 2 Comments

So Asus have asked me, in a sponsored post, to tell you more about their new Asus Sonic Master. Something I’m delighted to do of course as I’ve been a user of their laptops for a number of years now. The basic point of this new technology, over and above the usual Asus things (and, [...]

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Tags: Blatant Advertising

Acid spill in the Rhine

January 13th, 2011 · 4 Comments

Nothing very much to worry about: A tanker loaded with sulfuric acid capsized early Thursday on the Rhine river in Germany and two crew members were missing, authorities said. There was no immediate word on why the ship sank near St. Goarshausen in western Germany, the shipping office in Bingen said. Two other crew members [...]

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Tags: Environmentalism

Yes, employee empowerment is a good idea

January 13th, 2011 · 1 Comment

The pilot held the plane that was supposed to take off at 11:50 until 12:02 when my husband got there. As my husband walked down the Jetway with the pilot, he said, “I can’t thank you enough for this.” The pilot responded with, “They can’t go anywhere without me and I wasn’t going anywhere without [...]

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Tags: Johnny Foreigner

In which we glory in a completely true statement

January 13th, 2011 · 3 Comments

The underlying sense of unease that I, that we have learned nothing as yet about how to manage the realities of our economy, continues to grow. Although to really appreciate the total truth, we need to add a little punctuation. The underlying sense of unease that I, that we, have learned nothing as yet about [...]

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Tags: Ragging on Ritchie

Well, yes

January 13th, 2011 · 4 Comments

Based on my own experience, I can prove that it is perfectly possible to survive in the modern world if you are named after a thing: my name, Mercedes Bunz, reminds everyone of a certain Stuttgart-produced marque of car. Given that Mercedes was actually the name of the car inventor’s daughter, after which the car [...]

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Tags: Trivia

My Word, people respond to tax incentives?

January 13th, 2011 · 9 Comments

HM Revenue & Customs said the number of UK residents escaping tax on income or capital gains held in offshore bank accounts had declined from 139,000 to 123,000 in the year prior and after the launch of the £30,000 remittance basis charge in April 2008. Say it isn’t so! About 5,400 people paid the £30,000 [...]

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Tags: Tax

First bike ride of the year

January 12th, 2011 · 4 Comments

Was this afternoon: lovely sunny day, slight north wind. Not very far, only 20 km, as haven’t been out for a couple of months what with the rain etc. Strange, doesn’t hurt as much as I thought it would: then again, morning still to come, eh?

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Tags: The Blogger Himself

More Ritchie

January 12th, 2011 · 8 Comments

Yes, we’ve again got absurd estimations from the nation’s favourite retired accountant. The  second claim is that the forthcoming deal with Switzerland on withholding tax will raise up to £6 billion for HM Revenue and Customs over the next four years.  But in this case the question is why is the capital that underpins these [...]

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Tags: Ragging on Ritchie

US municipal bond crisis

January 12th, 2011 · 5 Comments

There is indeed one. Largely caused (in my highly partial opinion of course) by the way in which the public sector unions have managed to ransack the public finances for their pensions. Opinions do differ of course: The point is that Bob Diamond is wrong to say that the time for recrimination on banks is [...]

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Tags: Ragging on Ritchie

Eric Illsley faces expulsion over expenses fraud

January 12th, 2011 · 7 Comments

Look on the bright side. At least we know now that one of them really is a crook rather than just suspecting that all of them are.

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Tags: Politics

The spy who shagged me

January 12th, 2011 · 7 Comments

A foreign national who has been active in the environmental movement throughout Europe, Anna said she met Kennedy in 2005 when she was 21. “As far as I knew, he was very well connected and very active. He was very keen to help out in any way he could with our campaign. We met in [...]

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Tags: climate change

Twaddle

January 12th, 2011 · 4 Comments

The lives of more than 5,000 cancer sufferers will be saved each year under an £800 million government drive to make England’s survival rates among the best in Europe, the Health Secretary will announce today. What is meant is that more money will be spent in an attempt to get the UK’s dreadful cancer survivial [...]

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Tags: Health Care

Anyone know anything about card printing technology?

January 11th, 2011 · 11 Comments

We’re looking for a way to print membership cards to an organisation. We need to go a step up from cardboard printed then laminated. But we don’t need to go as far as chip and pin, magnetic strips or even raised/indented lettering. Just a flat card, credit card sized and plastic, which is printed in [...]

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Tags: The Blogger Himself