Tim Worstall

The WaPo reports:
But preliminary conclusions indicate that he allegedly used 80 grams of PETN — almost twice as much of the highly explosive material as used by convicted shoe bomber Richard C. Reid.
I’ve no idea….is that an amount large enough to do serious damage or not?

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This week figures showed that banks tripled the profit they made on mortgages in the last year: time to siphon some of that off.
That just doesn’t sound all that sensible. We’re all running around saying that the banks must have more capital to underwrite the risks of their businesses. So we actually want them to [...]

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The number of pensioners living in poverty in Britain is among the highest in Europe with the over-65s in poorer countries, including Romania and Poland faring better, official figures have shown.
Oh aye?
That is, of course, measured by relative poverty within the country.
No account is taken of the difference in living standards between the countries. Which [...]

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see more crazy cat pics

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Well, yes, I mean it’s possible for me to contact you right now. My computer is on, the email program is running. It’s just that I’m not sure I’ve got anything to say to you right now.

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So we’re all revved up to worry about gambling addictions again then.

The money lost by British gamblers will exceed £10bn annually next year – a rise of 50% in nine years, and the biggest jump since the 1960s.

Looks terrible, doesn’t it? Hmmm. Inflation (RPI) was 25% or so over that period. So that’s some [...]

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