Tim Worstall

Umm, OK, alright, links to: EconAcademics.org Blog aggregator for economics research This page is updated every three hours 2012-04-14 Why We Want a Complicated Tax System: So That People Can Avoid Taxes by Tim Worstall in Tim Worstall (Forbes), 2012-04-14 14:26:18 UTC We usually argue that we’d like to have a simple tax system so [...]

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At the ASI. Whatever you think about solar power the fact that it is now grid comparable means we should abolish all subsidies for it.

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At the ASI: Which is something that has always puzzled me. Why is it so difficult to persuade those who have had and enjoyed a toot that it would be a good idea to make it easier, safer, less violent and less destructive of civil liberties for everyone else to enjoy a toot? Sure, you [...]

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At the ASI. This limits to growth stuff: To account for substitutability between resources a simple and robust position has been taken. First, it is assumed here that metals and minerals will not substitute for bulk energy resources such as fossil fuels. Eh? But that’s what solar power is, windmills, nuclear…..  

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At the ASI: So, yes, everywhere should be striving to be a tax haven. A place where people don’t mind being taxed because they think that what they get for the amount they’re charged is fair and reasonable. There is a delicious corollary to this of course: all those insisting that people must be forced [...]

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At the ASI. One of Italy’s problems: the tolerable administration of justice.

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At the ASI. Sometimes it’s the poor consumers who carry the cost of the minimum wage.

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At the ASI. When sociologists do economics.

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At the ASI. In which I accuse minimum alcohol pricing as being both barmcake and chocolate teapot.

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Is available here. Start on page 149. First time I’ve ever given such evidence: and despite the way that the committee’s findings seem to have been heavily influenced by it (or possibly a great deal more acurately, we’ve both managed to read and understand the underlying evidence) it might well be the last. For I [...]

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At the ASI. In which I wake up to one of the problems with Pigou Taxes.

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At the ASI. The perils of state run banking systems.

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At the ASI. Entirely contrary to various greenies and Polanyites, it seems that larger markets and more cash interactions make us more, not less, fair with each other.

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At the ASI. It’s entirely true that certain forms of difference are not important: skin colour never, genitalia in only very specific circumstances and so on. But the idea that the workforce must reflect the customers is simply arrant, absolute, nonsense. For the entire point of the whole enterprise is that the skills, needs and [...]

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At the ASI. Given that the Greek CDS market is about to pay out and banks aren’t about to fall over, what’s the problem with these “toxic derivatives”?

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At the ASI. Why drug legalisation probably won’t increase drug consumption

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Obviously, someone, mightily, if they’re going to strain so hard to produce this gnat. Never having been to the site before I’ve no idea who have I have annoyed nor even who they are. Still, if I’m annoying idiots that much I’m obviously doing something correct.

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The figures follow recent criticism of Apple employing 230,000 workers in China for assembling their hardware, according to a recent Forbes report, opposed to keeping their operations in the states for American jobs. I think that’s me anyway, as I’m the bloke at Forbes who has been banging on about Apple’s manufacturing in China…approvingly of [...]

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At the ASI. Greek CDS isn’t paying out yet because Greece hasn’t defaulted yet.

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AT the ASI. Yes, let’s have a Fair Tax Commission. I’d happily serve on it. For there are a number of points about taxation that really do have to be made. For example, the incompatibility of big government and progressive taxation….

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