Tim Worstall - Author Archive

The UK has a very progressive tax system

YOU’VE heard all the shouting no doubt, that our big problem is that we just don’t tax the rich enough. If only we made the tax system more progressive, if … (read more)

Posted: 29th, December 2011 | In: Money | Comment

Illegal Things Are Illegal on Facebook and Twitter

THIS might come as a surprise to some or even many, but things that are illegal in the real world are also illegal on Facebook and other social media.

Yes, even … (read more)

Posted: 28th, December 2011 | In: Technology | Comment

High fructose corn syrup v sugar and other political solutions

IT’S a general truism that politics doesn’t actually solve much: it’s really just a way of working out who gets what without resorting to slaughter and rapine as a method … (read more)

Posted: 28th, December 2011 | In: Money | Comments (2)

Apple v AT& T: Who Ends Up With The Money?

APPLE versus AT&T – everyone wants the iPhone but at what cost to the carriers?

OK, so this example is from the US but the same things happens in the UK … (read more)

Posted: 22nd, December 2011 | In: Money | Comment

EU can make airlines pay for carbon emissions

EU can make airlines pay for carbon emissions. That’s the headline from Reuters this morning. That the European Court of Justice has ruled that the EU can indeed make airlines … (read more)

Posted: 21st, December 2011 | In: Money | Comment (1)

Little Nicky Clegg misunderstands the Wealth Gap

I CAN’T say I’m all that surprised that Nick Clegg does misunderstand the Wealth Gap, this is true, for the various writings and reports about it all make the same … (read more)

Posted: 20th, December 2011 | In: Money | Comment

Dear God the UK Uncut people are stupid: Philip Green is innocent

SO here’s a little missive from a UK Uncut protestor who was released from a police cell after protesting at TopShop about Phillip Green.
Well, Philip Green pays no tax on … (read more)

Posted: 19th, December 2011 | In: Money | Comment

Olympics now worse than war in Afghanistan: official

NOW we all knew that the bastards were lying to us when they said the London Olympics 2012 would only cost £2.2 billion. For of course they would lie to … (read more)

Posted: 16th, December 2011 | In: Sports | Comment

L’escroc Chirac found guilty: who’s next?

L’ESCROC Chirac is guilty. In what isn’t the most surprising news of the day, L’escroc himself has been found guilty in a Paris courtroom.

L’escroc, which means “crook” or “swindler” in … (read more)

Posted: 15th, December 2011 | In: Politicians | Comment

When The Butter Runs Out in Norway Laugh At Local Food Fans

I’M sure you’ve seen this little piece, the Great Butter Famine going on in Norway?

Yes, isn’t it terribly amusing when one of the richest nations in the world runs out … (read more)

Posted: 14th, December 2011 | In: Money | Comment

Why Banking Regulation Doesn’t Work

WE’D all like it to work, obviously. We’d really rather prefer to have a few bureaucrats stopping them from going bust than having to throw hundreds of billions at them … (read more)

Posted: 13th, December 2011 | In: Money | Comment

Understanding The Eurodeal: All They’ve Saved Are The Banks And Saddled Us With Inflation

OF course, saving the banks is an inportant thing to do: a world without banks is one which is much poorer than the one we live in. However, really, last … (read more)

Posted: 12th, December 2011 | In: Key Posts, Money | Comments (5)

BREAKING NEWS: David Cameron Evicted After Neighbours Complain Of Drunken Anti-Social Behaviour, Foul Language And Urinating In The Street

IT’S quite amazing what the Boy Dave gets up to when Sam let’s him off for a night out with the boys in Europe really, isn’t it?

Sadly though that’s not … (read more)

Posted: 9th, December 2011 | In: Money | Comment

This is What Is Known As Lying With Numbers: Home Finance Loans

THAT’S distinct from Disraeli’s thing about lies, damned lies and statistics: for this is straight up lying with numbers.

It’s all about the payday loan industry. You know, those appalling people … (read more)

Posted: 8th, December 2011 | In: Money | Comment (1)

New Economics Foundation: Loons on the Loose

THE new economics foundation (they’re so green and hip that they think there’s a shortage of capital letters) has decided that British banking is broken and that we really ought … (read more)

Posted: 7th, December 2011 | In: Money | Comment

Quis Custodiet Ipsos Custodies: The Buma/Stemra Model For European Pirates

QUIS Custodiet Ipsos Custodies. Or to translate that into modern English, how do we make sure that the people we ask to make sure that bastards don’t steal from us aren’t … (read more)

Posted: 5th, December 2011 | In: Money | Comment

The Robin Hood Tax: It Won’t Work You know

SO we get, hot off the presses, the report from the House of Lords Committee looking into the Robin Hood Tax (or financial transactions tax, Tobin tax, call it what … (read more)

Posted: 2nd, December 2011 | In: Money | Comment

Coupon Crazy: Saving With Groupon And Others Doesn’t Add Up

ARE we going Groupon Coupon Crazy? Yes yes yes, we all know you can save money by using coupons when you go shopping. And yes yes yes, we all know … (read more)

Posted: 1st, December 2011 | In: Money | Comments (2)

Booze Taxes Have to be Reduced Or The Bootleggers Get The Money

DO booze taxes have to be reduced? Well, of course they do; hardened topers like myself insist they must be.

However, there is a more serious point here as well. The … (read more)

Posted: 30th, November 2011 | In: Money | Comment

You Want to Know What’s Happening In the Eurozone….Yes, I Knew You Did

DO you want to know what’s happening in the EuroZone? Well, if you really want to know what’s happening over in Euroland then you should read this book:
A Monetary History … (read more)

Posted: 29th, November 2011 | In: Money | Comment

If An NGO Goes Bust Without Government Money Is It Really An N- GO? Environmental Protection UK It Not Independent

THE definition of NGO is Non-Governmental Organisation. Supposedly those nice people outside politics with ideas about how to make the world a better place who campaign to make the world … (read more)

Posted: 28th, November 2011 | In: Money | Comment (1)

So Where Are All The Bond Vigilantes? Doubling Rates For the Italians

WHERE are all the Bond vigilantes? Not buying Italian debt is the short answer.
Italy paid a record 6.5 percent to borrow money over six months Friday and its longer-term … (read more)

Posted: 25th, November 2011 | In: Money | Comments (2)

That One About Politicians and Their Lips Moving Again: Chris Huhne’s Green Shirts

TODAY’S  edition of politicians are not like you and me comes from Chris Huhne:
Households currently pay £89 a year on their bills for the green energy drive, but this will … (read more)

Posted: 24th, November 2011 | In: Money | Comment

Nurse! The Greenies Need Their Pills Again!

THERE really are some loons out there in the environmental movement. I think we all share the aim, a cleaner, greener, better world for us and our children? Good, yes, … (read more)

Posted: 23rd, November 2011 | In: Money | Comment (1)

Some of Our Money The Politicians Aren’t Going To Get: The Party Funding Game

ALL most amusing over the financing of political parties.

Here were the basic positions going into the whole let’s talk about reforming it process.
Tories: we get lots of money from rich … (read more)

Posted: 22nd, November 2011 | In: Money | Comment

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