Tim Worstall

It is all obvious or trivial except…

 

 

Entries from August 2011

Quite right

August 12th, 2011 · 18 Comments

He said: “We need to do more to improve the supply side of the economy. This means taking on difficult vested interests.” But of course it’s not just the unions and the planning system that need that reform. The whole damn system of regulation needs to be shaken up. Just as an example, it is [...]

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Tags: Law

On the subject of riots

August 12th, 2011 · 5 Comments

Just Thinking makes an interesting point. Few to none have been charged with riot: as I’ve been saying, this might well mean that there wasn’t in fact a riot and thus the rozzers not having to pay for the damage caused in those not riots. What slightly worries me is that Frank Dobson thinks this [...]

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Tags: Law

Dear God Almighty, wonders will never cease

August 11th, 2011 · 8 Comments

Interns? At an Ad Agency? Doing something useful? Moral even? Chip in folks, chip in.

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Tags: The English

A statement which is both true and explains a lot about the world

August 11th, 2011 · 3 Comments

The reason, I’ll warrant, is that the male distribution of ego has a right tail that stretches far into the horizon.

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Tags: Current Affairs

Near naked female volleyball players

August 11th, 2011 · 17 Comments

Well, it had to be Julie Bindel whining about it, didn’t it? The British women’s beach volleyball team‘s new design of, ahem, kit, reveals more than the fact that women’s sport is still not taken seriously. Looking like extras on the set of Baywatch, the team, spotted this week on London’s Horse Guards Parade “warm-up” [...]

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Tags: Feminism

Larry Elliott’s shocking constitutional insight

August 11th, 2011 · 11 Comments

while bond yields in both Britain and the UK dropped sharply on expectations Yes, Britain and the UK are indeed different places but there’s only one bond market for the both of them. So what is it that Larry has found out that the rest of us don’t know? NI is to issue its own [...]

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Tags: Newspaper Watch

An excellent reduction in public spending

August 11th, 2011 · 9 Comments

With council budgets under pressure, teenage pregnancy co-ordinators are being axed, an exclusive investigation for SocietyGuardian reveals. The last few decades have shown quite conclusively that teenagers can coordinate pregnancies without the aid of bureaucrats.

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Tags: Your Tax Money At Work

Quite

August 11th, 2011 · 9 Comments

“Roger understands audiences,” says Rollins, the former Reagan consultant. “He knew how to target, which is what Fox News is all about.” The typical viewer of Sean Hannity’s show, to take the most stark example, is a pro-business (86%), Christian conservative (78%), Tea Party-backer (75%) with no college degree (66%), who is over 50 (65%), [...]

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Tags: Newspaper Watch

The criminals who shame our nation

August 11th, 2011 · No Comments

There’s a name for this sort of thing. Checking newspapers for odd juxtapositions of photos and headlines. Given that May hasn’t actually ever done anything we’ve no need to be ashamed of her as a nation: Ken, well, make up your own minds.

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Tags: Newspaper Watch

Pretentious twats always get it wrong, don’t they?

August 11th, 2011 · 8 Comments

David Jones, a project manager who received the invitation, said in a letter to the BBC’s in-house magazine, Ariel: “I’ve just been invited, along with everyone in Technology, Distribution & Archive, to John Linwood’s ‘brown bag lunches’. “Having to resort to Wikipedia, I understand this refers to a ‘training or information session during a lunch [...]

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Tags: The English

Snigger

August 11th, 2011 · 14 Comments

Bailey, who earns £1,000 a month at Stockwell Primary School, south London, left court with a newspaper over his face. A headline about “copycat cretins” covering his eyes, he walked into a lamp-post.

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Tags: Crime

The new climate change models

August 10th, 2011 · 9 Comments

Via The Bishop there’s a new set of socio-economic models underlying the climate change models. I’m sure this will provide hours of fun for everyone. The light green line is the one that produces the least climate change. We get to 490 ppm CO2-e and then it declines. The dark blue one is the Armageddon [...]

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Tags: climate change

Who is to blame for the riots?

August 10th, 2011 · 94 Comments

A thought. We are told, endlessly, that only the rapist is to blame for rape. Nothing that the victim does, has done, where they go, how they’re dressed, nothing at all changes the fact that the rapist is solely and completely responsible, in and of themselves, for the crime. So why isn’t this true for [...]

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Tags: Crime

Whining about American taxes

August 10th, 2011 · 5 Comments

Writing from NYC we get some woman complaining about how low taxes are in the US. My response there. Yes, the federal income tax rate is 35%. Add the NY State income tax of 8% and the NY City rate of 4% and you’re at 47%. This isn’t a low income tax rate by anyone’s [...]

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Tags: Comments at CiF

Riots in Manchester and Salford

August 10th, 2011 · 11 Comments

How would anyone know?

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Tags: The English

Eoin Clarke’s latest

August 9th, 2011 · 19 Comments

Full of wonders it is: There currently exists a loophole whereby businesses can offset this year’s profits against last year’s losses. This should stay for SMEs as they struggle through these difficult times, but the government have craftily neglected to tell us that the banks who returned to profit this year are exempt from paying [...]

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Tags: Wonk Watch

Another entirely forseeable result from the usual bunch of do-gooding wankers

August 9th, 2011 · 7 Comments

So, ya’kno’, those horrible conflict minerals? Fueling the Congo violence? So we’ll all agree to track what comes from where and peace will reign, kittens will gambol in the African sun and life will be better? The “Loi Obama” or Obama Law — as the Dodd-Frank Wall Street reform act of 2010 has become known [...]

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Tags: Metals

No, not quite

August 9th, 2011 · 11 Comments

I’ve posted this before yet asinine MSM reporters continue to make statements on air such as ‘leaving businesses with a big bill’. So any journalists reading please pay close attention. Look at your insurance policy; go the exclusions and find the word that occurs between ‘radioactivity’ and ‘terrorism’. Yep. Riot. All that damage – if [...]

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Tags: Law

Sunny of the Day

August 9th, 2011 · 8 Comments

Sunny Hundal wants to jail one of his own contributors. I always knew he was a rum’un. Plus, what is tax evasion and tax avoidance if not (legalised, in the latter case) looting? This sort of looting requires two factors: a herd mentality (which reduces individual risk) and the expectation that the rule of law [...]

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Tags: Ragging on Ritchie

Ha Joon Chang on the crisis: Man’s a loon

August 9th, 2011 · 8 Comments

The problem here is that Ha Joon Chang seems not to understand the basics of what he’s commenting upon. Yes, I know he’s an academic at Cambridge, clearly vastly brighter than I am (yes, being an academic at an institution I failed to get into probably does mean that) but seriously, what is this drivel? [...]

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Tags: Economics · Finance