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Tim Worstall

Tim Worstall - Author Archive

Global warming will force more women into prostitution

I AGREE that global warming is a real problem, that it’s one we might want to do something about as well. But that doesn’t stop people from taking the arguments … (read more)

Posted: 2nd, May 2013 | In: Money | Comments (2)

Apple’s Bond deal is the most glorious tax avoidance ruse

CERTAIN people are getting rather angry about yesterday’s bond deal by Apple:
As is par for the course, the financial media is telling a story about a major US company from … (read more)

Posted: 1st, May 2013 | In: Money | Comment (1)

Waitrose raises property prices

DID you know that Waitrose raises property prices?

So says the Mail:
The Waitrose effect: How upmarket supermarket can add 50% to the value of your home
And given that it is the … (read more)

Posted: 30th, April 2013 | In: Money | Comment

If Obamacare’s so great why doesn’t Congress want it?

SOMETHING from the other side of the pond to consider today. Obamacare is of course the great hope of the progressive movement in the US. How glorious that finally everyone … (read more)

Posted: 30th, April 2013 | In: Money | Comment (1)

Bangladeshi Building falls down: Primark to blame

YOU’LL have seen the story all over the papers. That appalling disaster in Bangladesh where a building fell down killing hundreds.

As a result of which we’ve got the usual suspects … (read more)

Posted: 26th, April 2013 | In: Money, Reviews | Comment

On the Guardian’s coverage of economics: Heidi Moore really doesn’t understand the subject

OR, if I’m to be entirely fair, on the new US Guardian’s coverage of economics. They’ve hired some bird called Heidi Moore from one of the public radio programmes to … (read more)

Posted: 25th, April 2013 | In: Money | Comments (3)

Teen pregnancy makes you fat!

TEEN pregnancy makes you fat. That’s according to the latest research at least. Getting pregnant under the age of 19 makes you fat in later life. This research suffers from … (read more)

Posted: 22nd, April 2013 | In: Money | Comment

The great unburnable Carbon Bubble: three reasons why the experts are wrong

I DO think this is a lovely little misunderstanding of how the world works from M’Lord Stern. He’s telling us that all hte oil and coal that people have found … (read more)

Posted: 20th, April 2013 | In: Money | Comment

The European Carbon Trading system isn’t dead yet

THE Wall Street Journal tells us that the ETS, the European carbon trading system, is dead. This is because the prices are so low that no one can be bothered … (read more)

Posted: 19th, April 2013 | In: Money | Comment

Woo Hoo! Apple’s new iPhone is coming!

THE new iphone. It’s coming! Aren’t you excited too? I know I am because it’ll be just fabulous allowing me to pose even more effectively as a cool and in … (read more)

Posted: 16th, April 2013 | In: Money, Technology | Comment

Mario Soares: Portugal will never be able to pay its debts

THE Grand Old Man of Portuguese politics, too. Mario Soares says:
“Portugal will never be able to pay its debts, however much it impoverishes itself. If you can’t pay, the only solution … (read more)

Posted: 16th, April 2013 | In: Money | Comments (2)

Who really believes that Germany is poorer than Spain or Cyprus? The European Central Bank does

WHO really believes that Germany is poorer than Spain or Cyprus? Well, apparently, the European Central Bank does. Which sounds insane but bear with me. They’ve just released some research showing … (read more)

Posted: 15th, April 2013 | In: Money | Comment

“Great music is ‘as good as sex'”: Err, no, no it isn’t

THE Telegraph gives us this headline:
Great music is ‘as good as sex’
And illustrates it with a picture of a bird in her pajamas grinning at us under her headphones. Subtle, … (read more)

Posted: 15th, April 2013 | In: Music | Comment

So that’s the end of kiddies TV programmes: the illiberal elite to ban advertising

IT does worry me when people propose these sorts of things. It’s as if they are entirely ignorant of why the darn things exist in the first place:

Companies selling products … (read more)

Posted: 11th, April 2013 | In: Money, The Consumer | Comment

If Bitcoin walks like a Bubble and quacks like a bubble then why isn’t Bitcoin A Bubble?

THE Telegraph managegs to get itself slightly confused this morning:
Bitcoin passes $200 mark for the first time
Bitcoin, the controversial electronic currency, has passed the $200-mark for the first time, … (read more)

Posted: 10th, April 2013 | In: Money | Comment

How to prove that the minimum wage destroys jobs

I KNOW, I know, we’re forever told that the minimum wage doesn’t in fact destroy jobs. It’s a lovely cuddly policy that has absolutely no bad effects at all. Except, … (read more)

Posted: 10th, April 2013 | In: Money | Comments (2)

Woo Watch: No, your chance of becoming wealthy does not depend upon your star sign

CAN your star sign dictate your wealth? Lordy be, some nonsense in the Daily Heil:
If you’re hoping to make your fortune, it seems your fate may lie in the stars.

A … (read more)

Posted: 9th, April 2013 | In: Money | Comments (2)

Woes! It’ll take ten years to get the Northern Rock money back!

IT will take ten years to get Northern Rock money back. Or, as it should more properly be presented, this is a statement of the bleedin’ obvious:
Taxpayers will have to wait … (read more)

Posted: 8th, April 2013 | In: Money | Comment

Now we know the truth about HBOS: it was nothing to do with casino banking

WE’VE had the report out today about how and why Halifax Bank Of Scotland fell over. You can read it in all its glory here. And the important takeaway point … (read more)

Posted: 5th, April 2013 | In: Money | Comment (1)

So William Shakespeare was a speculator in grain was he? The man was a saint

AND good on Willy Shakespeare for being a speculator in grant. For it is speculation in food that ekes out the harvest from year to year. Without them we’d all … (read more)

Posted: 3rd, April 2013 | In: Money | Comment (1)

Why you might not want to be a CEO

WHY would you want to be a CEO? Sure, the money’s bloody great but even so most of us would prefer to have a life to what these bozos do … (read more)

Posted: 2nd, April 2013 | In: Money | Comment

Karl McCartney shocked that politicians can be treated like any poor sod waiting for benefits

A TORY MP has been complaining that the fees office treats them like dirt. They just go along to try and claim what is rightfully theirs, what the law provides … (read more)

Posted: 29th, March 2013 | In: Money, Politicians | Comment

Ed Davey is conniving so-and-so on low carbon energy

SO. Here we have Ed Davey, the third runner up in a Wayne Rooney lookalike competition, telling us how all that work they’ve done on renewables is going to save … (read more)

Posted: 27th, March 2013 | In: Money | Comment

Surprise! Max Hastings Gets It Wrong on Cyprus!

MAX Hasting on Cyprus:
People who rob old ladies in the street, or hold up security vans, are branded as thieves. Yet when Germany presides over a heist of billions of … (read more)

Posted: 26th, March 2013 | In: Money | Comment

Finally, a sensible settlement in Cyprus

IN fact, the settlement in Cyprus is so sensible that it’s a wonder they didn’t just do this a week ago. Or even 6 months ago when it was obvious … (read more)

Posted: 25th, March 2013 | In: Money | Comment

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