Tim Worstall

It is all obvious or trivial except…

 

 

Entries from September 2011

Timmy elsewhere

September 18th, 2011 · 6 Comments

At the ASI. Free immigration really does undermine the welfare state.

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Ritchie’s blast from the past

September 17th, 2011 · 13 Comments

Man’s a genius I tell’ee. The solution to our banking woes? Candidly, we have to prepare now for the complete, even if temporary, nationalisation of banking. How excellent, we’ve now just bankrupted every sovereign in the world. For of course when the sovereign owns the banks then the banks’ liabilities become liabilities of the sovereign. This is what Ireland did, [...]

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Tags: Ragging on Ritchie

Nonsensical bollocks on tax from the Sky Fairy folk

September 17th, 2011 · 10 Comments

Every pound avoided in tax is a pound less to spend on childcare, social care, health or education. Nonsense. Entire bollocks. Every pound avoided in tax is a pound less for the government to spend on childcare, social care, health or education, this is true. But when someone pays themselves a dividend not salary (recall, [...]

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Tags: Ragging on Ritchie

Timmy elsewhere

September 17th, 2011 · No Comments

At the ASI. There’s more to those US poverty figures than you think.

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Timmy elsewhere

September 17th, 2011 · No Comments

At the ASI. We really don’t have ever longer working hours you know.

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So, anyone got a Prague phone book handy?

September 16th, 2011 · 2 Comments

Able to give me a telephone number to track these peeps down to? NÁZEV: GEOMET s.r.o. GEOMET s.r.o. – náhled vizuálního zobrazení vztahů obchodního rejstříku IČO: 27752976 DIČ: CZ27752976 ADRESA: Přístavní 531/24, Praha 7 17000 ZÁKL. KAPITÁL: 200000 Kč

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Tags: Metals

This is fascinating

September 16th, 2011 · 6 Comments

About Low Value Consignment Relief on shipments from the Channel Islands, Ritchie tells us that: I’ll tell you – although Gauke is not doing so – that the EU has said the UK has carte-blanche to act to stop this abuse altogether – so the only question now is when will they do so? I’m [...]

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Tags: Ragging on Ritchie

That UBS $2 Billion loss

September 16th, 2011 · 2 Comments

My take on Kweku Adoboli‘s little troubles is there.

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Tags: Timmy Elsewhere

Well, yes, of course I agree with this line of thinking

September 16th, 2011 · 29 Comments

Most, of course, are simply trying to protect consumers. But is that strictly necessary? Have we really taken leave of our senses? We are all perfectly capable of using the equipment we possess, along with common sense, to take responsibility for ourselves. Both sniffing and examining fresh ingredients is a perfectly reliable way to tell [...]

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Tags: Bansturbation

So I’m asked to comment on the FTT

September 15th, 2011 · 20 Comments

Dear Tim, I would like to draw your attention to a debate on EU Financial Transactions Tax, which is currently starting on Debating Europe, a platform for discussion supported by the European Parliament. Feel free to contribute your thoughts and/or share the following link amongst your network: http://www.debatingeurope.eu/2011/09/15/should-we-have-a-financial-transactions-tax/. Best regards, Alessandra Baldissin So I do: [...]

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Tags: European Union

I missed this earlier on Johann Hari

September 15th, 2011 · 1 Comment

The most important point is that, while you could make a political criticism of Hari, and many people have done so, over the years, what’s done for him is professional criticism. Namely, not his opinions but his basic journalistic standards. In fact, more so as the criticism has centred on the technical journalistic side. Tim [...]

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Tags: Judging Johann

A chuckle on global warming

September 15th, 2011 · 15 Comments

The claim … is that the temperature has changed from ~288.0 to ~288.8 degree Kelvin in about 150 years, which (if true) means to me is that the temperature has been amazingly stable,

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Tags: climate change

An excellent, excellent piece of historical digging

September 15th, 2011 · 1 Comment

Here. Maggie (and later, John Major) were right you know.

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Tags: European Union

Blimey, a sensible government decision on smoking

September 15th, 2011 · 30 Comments

This is a surprise: The government’s “nudge unit” wants to encourage the use of smokeless nicotine cigarettes, banned in many countries around the world, in an attempt to reduce the numbers killed in the UK by smoking diseases each year. The Cabinet Office’s behavioural insight team – better known as the nudge unit – wants [...]

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Tags: Bansturbation

Jersey’s zero ten policy approved

September 15th, 2011 · 32 Comments

The EU code of conduct group has approved Jersey’s proposed amendments to a tax regime previously deemed ‘harmful’. Ritchie was adamant that it would not be approved, that it would be found illegal and that the island would go bust. Wasn’t he?

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Tags: Ragging on Ritchie

That shocking Sarah Palin revelation!

September 15th, 2011 · 9 Comments

In it he will claim Mrs Palin had a one-night stand with basketball player Glen Rice, who went on to play for the Miami Heat, less than a year before marrying her husband Todd. Single woman has sex. I’m unconvinced that this will shock all that many Americans.

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Tags: Politics

Cretinism on housing policy

September 15th, 2011 · 3 Comments

Property developers are sitting on more than 300,000 plots with planning permission for new homes, undermining the case for controversial government planning reforms. Campaigners say that the “land banks” are enough for more than two years of house building, meaning there is no need to water down current planning laws. This really is cretinism. 1) [...]

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Tags: Current Affairs

World Development Movement report

September 14th, 2011 · 2 Comments

I have now read it. Yes, they are still cretins. Here.

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Tags: Woo Watch

Ritchie: Pah, I Spit on Your Nobel Laureate

September 14th, 2011 · 17 Comments

And replace it with my own feelings! So there! Take some examples: – This morning’s headline that 50p tax does not work, when there is no evidence to prove that case: this is just far right promotion of the Laffer curve by Mirrlees Sir James tells us: ‘It is not clear whether the 50% rate [...]

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Tags: Ragging on Ritchie

Financial speculators responsible for rising global food prices, claims report

September 14th, 2011 · 4 Comments

Really? Gosh, who is this report by? The activity of financial speculators is overwhelming agricultural commodities markets, fuelling global food price inflation and hunger, according to new analysis from the anti-poverty group the World Development Movement (WDM). Teenage Trots claim capitalism is bad, M’Kay? Rilly? This is news? I shall read the report later but [...]

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Tags: Woo Watch