Tim Worstall

It is all obvious or trivial except…

 

 

Entries from February 2011

Timmy elsewhere

February 13th, 2011 · No Comments

At the ASI. Why economic planning ain’t all it’s cracked up to be.

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Tags: Timmy Elsewhere

Coded messages in national newspaper columns

February 13th, 2011 · No Comments

Catherine Bennett: So if it is just money that’s stopping you, why not propose to the little woman on Valentine’s Day tomorrow and see her face light up? Including ceremony and certificate, it could still come in at around £100. Somebody really should make John Humphreys read this article. Mebbe not that coded actually. How [...]

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Tags: Sex

Oooh, yes, a national menu!

February 13th, 2011 · 16 Comments

He believes, as I do, that there should be one consistent menu across the NHS which would be both nutritious and affordable. That’ll sort everything out, won’t it!

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Tags: Food · Health Care

Could and must are very different you know

February 13th, 2011 · 13 Comments

So, should religious places be opened to the possibility of hosting civil partnerships*? When the Equality Bill was passed by the House of Lords last March, a spokesman for the government equalities office said the move paved the way to allow religious groups “to let civil partnership ceremonies take place in their churches, mosques, synagogues [...]

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Tags: Sex

An interesting addition to international law then

February 13th, 2011 · 2 Comments

But Lord Malloch-Brown, a former Labour foreign minister and former Deputy Secretary-General of the United Nations, told The Sunday Telegraph: “When people are forced out of office, if they have money way beyond what they should have earned, then a country like Britain should freeze those assets pending a court action by the new government. [...]

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Tags: Your Tax Money At Work

Something of a difficult case, Pte Uluilakeba

February 13th, 2011 · 2 Comments

Should a foreign national, one who joined the Army and then pulled a knife on a corporal, was put in the glasshouse and then discharged, be given leave to stay in the UK? Put like that, no. Add in that he was wounded in Iraq, when recovered, went back and is said to be suffering [...]

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Tags: Military

No Mr. Lean, MOX is a solution to proliferation fears

February 13th, 2011 · 1 Comment

Geoffrey Lean manages to get the wrong end of the stick yet again. Yes, the MOX plant at Sellafield is grossly uneconomic, but it isn’t a potential cause of plutonium getting into the wrong hands: Things would be even worse if the plant were to succeed, because it would then be taking the raw material [...]

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Tags: nuclear

Jervois and EMC Metals: misleading the stock market I think

February 13th, 2011 · 1 Comment

Jervois is a junior Oz mining company. They’ve been touting a nickel laterite project for, ooooh, up to a decade I think. Given that scandium is now fashionable, they’re touting this project as a scandium project now. EMC Metals Corporation is a junior on the TSX. They’re linked with Jerfvois, in that they’re supposedly preparing [...]

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Tags: Metals

Actually, no

February 12th, 2011 · 2 Comments

Let’s cut through that and state what really happened: when  Ben Ali was in power Switzerland held his money without question being asked or concern as to its reputation. Now he’s out of power they changed their tune. There’s a word for that and hypocrisy is not good enough. It’s an offshoot of sovereign immunity. When [...]

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Tags: Ragging on Ritchie

Timmy elsewhere

February 12th, 2011 · No Comments

At the ASI. It’s very difficult to increase the number of entrepreneurs: much easier to get them doing something productive rather than rent seeking.

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Tags: Timmy Elsewhere

Kerbside recycling

February 12th, 2011 · 7 Comments

Yes, I know I go on about it but: New European regulations, currently going through Parliament, call for “separate waste collection”. The powerful group is seeking a judicial review to force the Government to implement a more strict interpretation of the rules so that all councils introduce separate waste collections. The government has interpreted this [...]

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Tags: Environmentalism

Yes Polly, this is the point

February 12th, 2011 · 6 Comments

There is just one extraordinary fact everyone needs to know. The cuts have fallen hardest on the most deprived councils, while the richest areas have suffered least. Whichever way the figures are construed, the highest percentage of cuts hit the poorest places hardest: Liverpool worst, followed by Manchester; Knowsley; Blackburn with Darwen; South Tyneside; Hackney; [...]

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Tags: Newspaper Watch

Interesting defence

February 12th, 2011 · 3 Comments

The argument that Assange used the weight of his body to pin her down “describes what is usually termed the missionary position,” he said.

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Tags: Sex

Very strange comment deletion at The Guardian

February 12th, 2011 · 5 Comments

On this thread. Murphy is also the guy who wrote these pieces in the Guardian here, here and here. The headline of the last piece “Act now to pay less tax” is a favorite. It is also well-known that the guy has engaged in systematic investment income shifting with his wife, a classic and none-too-subtle [...]

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Tags: Ragging on Ritchie

Yes, Eric is God

February 11th, 2011 · 10 Comments

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Tags: Music

In which I find out that people are talking about me on Twatter

February 11th, 2011 · 8 Comments

Good this new technology stuff, innit? I can find out when I’m being insulted. @tobybryans is he fuck he doesn’t even live in the UK plus he has a specific economic interest to promote. Economics is not neutral about 2 hours ago via TweetDeck in reply to tobybryans Reply Retweet @tobybryans LOL the man’s a [...]

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Tags: The Blogger Himself

Timmy Elsewhere

February 11th, 2011 · 5 Comments

At El Reg. How people are getting this food speculation thing wrong.

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Tags: Timmy Elsewhere

Interesting but wrong

February 11th, 2011 · No Comments

On maturity transformation: Getting back to investment, investment is not an end in itself. That is, there has to be some optimum total amount of investment in any country for a given state of technological development, etc. And herein lies the big flaw in MT: it destroys or degrades the market’s system for optimising the [...]

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Tags: Finance

Another comment

February 11th, 2011 · 5 Comments

At CiF: “He doesn’t say that moving things about isn’t wealth creation. He says that moving money about isn’t wealth creation.” Which is a blindingly stupid thing to say. Moving the short term deposits in our bank accounts (the little amounts that vary over the month in our current accounts for example) into long term [...]

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Tags: Comments at CiF

UKUncut and bankers’ bonuses

February 11th, 2011 · 8 Comments

Comment at CiF: Dear God Almighty, such ignorance on display. So, the banks pay out £7 billion in bonuses. What happens next? Well, there’s income tax and employers’ national insurance to pay on that, isn’t there? Assume, just to make the maths easy, that they’re all paying top whack income tax. That’s 50%, add the [...]

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Tags: Finance