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Tim Worstall

Tim Worstall - Author Archive

Cyprus insanity: You can trust the Eurocrats to do the wrong thing

OVER this Cyprus thing. They’ve decided that everyone who has their bank deposits guaranteed by the government of Cyprus must lose some of their bank deposits guaranteed by the government … (read more)

Posted: 22nd, March 2013 | In: Money | Comments (3)

Amazingly, fracking is less polltuing than normal drilling for gas

 

WELL, along one dimension it is, fracking producing much less waste water (and polluted waste water) than normal drilling for gas does. It isn’t quite how we normally think of … (read more)

Posted: 22nd, March 2013 | In: Money, Reviews | Comments (2)

George Osborne wants house prices to remain in a bubble

THERE are bad budgets and then there are bad budgets. And this one is a true stinker in at least one respect. Osborne’s decided to try and pump up house … (read more)

Posted: 21st, March 2013 | In: Money, Politicians | Comment

So why the heck do they want to build Bentleys in Bratislava?

HOT in from the Mail we have the news that VW are thinking of building their new Bentley SUV in Bratislava in Slovakia. And why in Buggery would anyone want … (read more)

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

One of these things is not like the other: The EU on bankers’ bonuses and the Swiss on corporate pay

SADLY, all too many people seem to be thinking that these things are the same, or similar.

We’ve the EU trying to push through a limit on bankers’ bonuses. They can … (read more)

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

The Guardian’s publishing flat out economic ignorance about Bill Gates, billionaires and capitalism

IT had to happen of course: that the Guardian would go from being partisan on the subject of economics (and why not?) to publishing stuff that is just flat out … (read more)

Posted: 18th, March 2013 | In: Money | Comment

The British Economy explained in a nutshell

THESE figures about growth in the UK economy really aren’t a surprise:

The data is likely to deepen concerns about the widening gulf between the capital’s “bubble” economy and the rest … (read more)

Posted: 18th, March 2013 | In: Money | Comment

Why do men fight and struggle to get rich? Answer: the babes

WHY do men fight to get rich? Because it gets the babes. Here’s George Soros and his former lover Adriana Ferreyr:
Soros’ papers state: ‘Soros and Ferreyr…engaged in a physically intimate relationship … (read more)

Posted: 13th, March 2013 | In: Money | Comments (3)

The insane Czechs makes a hash of the 4G auction

THIS should be a spoof but unfortunately it isn’t: they’ve managed to get the economics of this situation entirely the wrong way around:
As bidding topped £680m, the Czech regulator pulled … (read more)

Posted: 12th, March 2013 | In: Money, Technology | Comment

Newspaper Shocker! Daily Mail Actually Helps Someone!

THE was an incredible piece in the Mail four months back. It was all about how a couple with kids on £75k a year just didn’t have any money, weren’t … (read more)

Posted: 11th, March 2013 | In: Money | Comment

Sock puppets: How the European Union spends your money

A GREAT little report out from the IEA today. No, I’m not saying so because I wrote it: I didn’t. But it shows quite how the EU spends some of … (read more)

Posted: 7th, March 2013 | In: Money, Politicians | Comment

The Labour Party and Greenpeace are just getting desperate over shale gas

THIS is an absurd complaint about shale gas:
The shale gas energy boom which critioooocs say will scar the countryside could line the pockets of  foreign firms rather than boosting the … (read more)

Posted: 5th, March 2013 | In: Money | Comment

Put not your faith in Government promises: the solar panels fiasco

FOR governments will lie to you and lie to you again and again.

As the companies that make solar panels are finding out.
Only four years ago, hundreds of start-ups optimistically built … (read more)

Posted: 5th, March 2013 | In: Money | Comment

Apple’s the best damn thing that’s ever happened to Chinese workers

YES, we all know the complaints. That those Chinese workers assembling the Apple products are paid a pittance, it’s all a shame and the company are capitalist bastards for exploiting … (read more)

Posted: 4th, March 2013 | In: Money, Technology | Comment

This is interesting about UK uncut: are they going after charities?

D’YE remember a little while back when UK Uncut was the new thing in town and all the cool kids were joining up? One of the things they did was … (read more)

Posted: 4th, March 2013 | In: Money | Comment

What we have done about banking and what we will do about banking

I KNOW, I know, I’m a shoddy apologist for the banksters and all other neoliberal thieves going. But I do keep trying to point to the effects of things.

For example, … (read more)

Posted: 1st, March 2013 | In: Money | Comment

The Great Chinese Green Energy Revolution

IT would appear that our Far Eastern cousins are actually doing something sensible about this green energy and saving Gaia bit:
Business is also more promising. By 2020 Jiuquan plans to … (read more)

Posted: 1st, March 2013 | In: Money | Comment

Get cleaning, ladies and stop turning into porky fatties (smoking and sex work too)

GET cleaning ladies: it’s because you’re porky fatties. And rather than this being the usual misogynist tripe this is actually sound science. There is a real reason for muffin tops and … (read more)

Posted: 1st, March 2013 | In: Reviews, The Consumer | Comment (1)

Oooh! Yes please, let’s have local, politically connected banks!

YOU’VE heard the calls. It’s mad to have only a handful of banks that are too big to fail. We should have local and regional banks And put localy politicians, … (read more)

Posted: 28th, February 2013 | In: Money | Comment (1)

Economics is in absolutely everything, even having babies

THIS should’t come as too much of a surprise actually, that there’s economics in everything. For everything that we do, everything that happens, requires resrouces. As economics is the study … (read more)

Posted: 28th, February 2013 | In: Money | Comment

Why bother working at a 100% tax rate?

THERE’S this idea out there, this Laffer Curve thing. The idea is that at 0% tax you’ll not collect any tax revenue. Fairly obvious really. And at 100% tax rate … (read more)

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

That Olympics legacy: a ‘smoke and mirrors approach’ to Olympic ticket sales

THE Olympics Legacy: 
The London 2012 organising committee has been criticised for a “smoke and mirrors approach” to Olympic ticket sales after figures revealed a significant number were obtained by VIPs … (read more)

Posted: 27th, February 2013 | In: Money, Sports | Comment

Message to 110,000 Americans: we don’t want Piers Moron back!

THERE’S a campaign over in the US to get Piers Morgan deported. The White House has an online petitions system and once they get 25,000 signatures then they promise to, … (read more)

Posted: 26th, February 2013 | In: Celebrities | Comment (1)

The real problem after the Italian election: tell all those creditors to go screw

WELL, you can call it a problem if you like, personally I’d call it a godsend. But there are two things which should be making the European Union federast types … (read more)

Posted: 26th, February 2013 | In: Money, Politicians | Comment

BT’s worth more as scrap copper than it is as a telecoms company

BT’s worth more as scrap copper than it is as a telecoms company.Not that this will come as a huge surprise to anyone who has actually had to use BT … (read more)

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

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