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Tim Worstall

Tim Worstall - Author Archive

George Monbiot Completely Misunderstands the Housing Market

GEORGE Monbiot completely misunderstands the housing market isn’t all that much of a surprise of course: the list of matters economical that George can misunderstand is fairly long.

But what’s getting … (read more)

Posted: 6th, September 2011 | In: Money | Comment

How Can You Plan In The Face of Uncertainty?

THERE is more illogic in political economy than you think.

I’ve been having an extended shouting match with a bloke called Richard Murphy for years now. He’s set himself up as … (read more)

Posted: 6th, September 2011 | In: Money | Comment (1)

Glencore And Sino Forest: Make Paper Money From Hard To Find Trees

THIS  is really a rather interesting little story.

You know how everyone likes to go on about how the banks are all thieving bastards, corrupt to the core, hang them all … (read more)

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

The £250,000 Burger: Truck Down Economics Makes Us All Fat

THE £25,000 burger. No, this isn’t someone smearing foie gras and gold lame over a piece of beef. Rather, let’s grow the meat in a vat and then make a … (read more)

Posted: 1st, September 2011 | In: The Consumer | Comment

Maybe I’m Watching The Wrong Porn?

THERE’S a crisis in American Porn Land: one of the actors (such an interesting name really, for what they do) has tested positive for HIV so the industry is shut … (read more)

Posted: 31st, August 2011 | In: Reviews | Comment (1)

The Banks Really Are To Blame For The Economy

THE banks really are to blame for the economy.  Although not in quite the manner many seem to think.

The UK economy is currently 4pc smaller than its peak in March … (read more)

Posted: 31st, August 2011 | In: Money | Comment

Things Can Only Get Better: The Internet Will Save The Economy

QUITE rightly, there’s doom and gloom about the short term prospects for the economy. However, in the long term there’s blue skies, optimism and unicorns pooping rainbows. The reason is … (read more)

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

Blithering Stupidity From Vince Cable

STUPID!
Vince Cable, the Liberal Democrat Business Secretary, has agreed to a controversial European directive to give agency workers the same rights as full-time … (read more)

Posted: 26th, August 2011 | In: Politicians | Comment

We Demand To Pay More Tax Say Rich French People

A SLIGHTLY surprising letter turned up in a French newspaper today. Coming from a bunch of rich French people they demanded that they be taxed more.
We, chairmen of companies and … (read more)

Posted: 25th, August 2011 | In: Money | Comment

Rich People Are Bastards, Aren’t They? We Have Proof!

RICH people are bastards, aren’t they? And look, here we have it, absolute proof!

Increasing a person’s wage can cause a significant drop in the amount of time … (read more)

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

George Monbiot’s Plan to Kill Economic Growth

WE get George Monbiot’s plan in his column in The Guardian today. And a very good plan it is too.
So Jackson has begun developing a macroeconomic model which would … (read more)

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

Why Spain Is Going To Go Bust

SURE, we’d all prefer that Spain doesn’t go bust. That the euro survives in some form or other, that we don’t get the cataclysm of an entire continent seeing its … (read more)

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

World Bank’s ICTD Project Is A Monumental F*ck Up

THIS is a strange little headline from the depths of the policy wonks’ part of the internet:
A Great Success: World Bank has a 70% failure rate with ICT4D projects to … (read more)

Posted: 19th, August 2011 | In: Money | Comment (1)

Are Women Being Unfairly Denied Jobs?

ARE women being unfairly denied jobs? No, I don’t mean the usual feminist whinge that women are discriminated against because none of them have been hired as FTSE chief executives … (read more)

Posted: 18th, August 2011 | In: Money | Comment

Don’t Bother With University: Get A Job Instead

DON’T go to University – get a job instead. Yes, everyone says you’ve got to go to uni if you’re going to get ahead. But this isn’t actually true as … (read more)

Posted: 17th, August 2011 | In: Money | Comment

Numbers Are Just So Important When You’re Making A Point On Rough Sleepers

NUMBERS are so important – especially when people are blithely throwing them around to make some political point or other.

Usually, the political point being that we should all send more … (read more)

Posted: 17th, August 2011 | In: Money | Comment

Can We Fire the TUC Please?

CAN we fire the TUC? No, no, not the whole union movement thing: all in favour of that. Freedom of association is as important to a free society as free … (read more)

Posted: 16th, August 2011 | In: Money | Comments (2)

Google Buys Motorola In Biggest Gamble To Date

GOOGLE buys Motorola… Or at least, Google buys the mobile phones division of Motorola.
Google has made its largest-ever acquisition, and biggest corporate gamble, by splashing out $12.5bn for Motorola’s … (read more)

Posted: 15th, August 2011 | In: Money | Comment (1)

They’re All Wrong About Climate Change: All Of Them

THEY are all wrong about climate change. “All” being those who tell us that we’ve got to crush capitalism, localise, banish greed from the human heart……no, sorry, I’ve not the … (read more)

Posted: 11th, August 2011 | In: Reviews | Comment

Solving the Riots Without Spending Any Money

HOW do we stop the riots? No, we don’t have to go an buy 50 inch plasmas and a change of running shoes for the little scrotes so that they … (read more)

Posted: 10th, August 2011 | In: Money | Comment (1)

This Is Not a Riot, Oh Dearie Me, No, Definitely Not a Riot

NOW, you may think that what is happening in London is or has been a riot of riots. I may think that they’ve been riots too. But this definitely isn’t … (read more)

Posted: 9th, August 2011 | In: Reviews | Comment

The Gender Pay Gap Will Always Be With Us

YES, yes, we know, women earn on average 18% less than men. Or 12 %, 38%, even 1% more, depending upon who you believe and which number they’re lying about. … (read more)

Posted: 8th, August 2011 | In: Money | Comment

Let’s Have a Cash Market in Kidneys: Trading In Human Organs Like The Sensible Iranians

LETS have a cash market in kidneys. No, not the sort you devil for breakfast, but the human sort that get stitched into people.

Yes, really, we ought to start paying … (read more)

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

Why Is Car Insurance So Expensive?

WHY is car insurance so expensive? There are reasonable ways of asking that question: reasonable answers to such reasonable queries too. Perhaps there’s not enough competition so monopoly profits are … (read more)

Posted: 4th, August 2011 | In: Money | Comments (5)

The Taxes Are Too Damn High|: John Redmond’s Laffer In

NO, not just the ritual complaint that the State is taking away the hard earned pelf of the capitalist classes. Actually, it’s a complaint that the State isn’t taking away … (read more)

Posted: 3rd, August 2011 | In: Money | Comment

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