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Tim Worstall

Tim Worstall - Author Archive

Justin Bieber’s perfume sold to Elizabeth Arden: is he being ripped off?

JUSTIN Bieber’s perfume, Justin Bieber’s Girlfriend, has been sold to the company Elizabeth Arden. All seems fair enough on the face of it, brands change hands all the time.

However, there’s … (read more)

Posted: 13th, June 2012 | In: Celebrities, Money | Comments (5)

So We Should Stop Wind Turbine Subsidies Immediately

THERE’S a report out, a briefing note if you prefer, from the Grantham Institute, about just how lovely onshore wind power is. You can read it in full here if … (read more)

Posted: 12th, June 2012 | In: Money | Comments (3)

Don’t Build the High Speed Railway from London to Birmingham!

IT’S just so lovely when you trun out to be right, isn’t it? Gilligan’s got a piece showing that the cost benefit calculation for the HS2 high speed train from … (read more)

Posted: 11th, June 2012 | In: Money | Comments (2)

Funny thing this democracy lark, best left to the snotty elite

I KNOW that we live in a representative democracy, not a direct one, but it’s always amusing to see  quite how far apart the concerns of the professional political classes … (read more)

Posted: 8th, June 2012 | In: Politicians | Comments (3)

Argentina to sue UK oil companies for being bigger cheats than Maradona

THE Argies have decided to try suing the British oil companies drilling off the Falklands. There is of course just one teensie, tiny, problem:

The Argentine foreign ministry on Monday declared … (read more)

Posted: 6th, June 2012 | In: Money | Comment

Idiot complaints about Apple’s Foxconn

THERE are reasonable complaints one can make about conditions in the Foxconn factories that make all of Apple’s kit (and most of those for Microsoft, Dell, HP and so on). … (read more)

Posted: 31st, May 2012 | In: Money, Technology | Comment

International Trades Unions go loopy over green finances

THIS is a true glory of a report from the International Trades Unions Conference, ITUC.

They’re thinking about how lovely it would be if there were lots of investment cash to … (read more)

Posted: 30th, May 2012 | In: Money | Comment

The European Commission are being stupid aresholes

THE European Commission are being stupid aresholes. Yes, yes, I know, big surprise isn’t it? But they really are dangling out here on the outer precipices  of insanity:
The EU is poised … (read more)

Posted: 29th, May 2012 | In: Money | Comment

Gina Rinehart: World’s richest woman might not be rich all that much longer

GINA Rinehart, mother of those children… We have a new entrant in the list of the world’s richest woman. An Australian who inherited one of the world’s largest iron ore … (read more)

Posted: 28th, May 2012 | In: Money | Comment (1)

Why is the Caracas stock market booming?

YOU can see from this picture that the stock market in Caracas, Venezuela, is booming. The interesting question is why of course?

The answer is here.
What’s driving the market? My guess … (read more)

Posted: 25th, May 2012 | In: Money | Comment

Those idiots at Greenpeace and shale gas

SO. What has been the effect of the American rush for shale gas then?
‘The shale gas boom in the US has led to a big drop in its carbon emissions, … (read more)

Posted: 24th, May 2012 | In: Money | Comment (1)

Well, Greece is screwed whichever way it turns

LOOKS like any which way Greece tries to turn it’s screwed. If they try and stay in the euro then they’re screwed by a decade or more of this internal … (read more)

Posted: 23rd, May 2012 | In: Money | Comment

The idiocy means we won’t dill for shale gas

IDIOTS! This piece of nonsense from the fools that rule us has me aghast:
The Government has rejected shale gas technology as a solution to Britain’s energy crisis, conceding it will … (read more)

Posted: 22nd, May 2012 | In: Money | Comment (1)

Why Facebook’s Share Price Is Going to Fall

IT’S a brave man who tries to predict short term share prices but I’ll have a go. Sometime soon Facebook’s price is going to start falling.

The IPO did just great … (read more)

Posted: 21st, May 2012 | In: Money | Comment

Now That Bono’s a billionaire from Facebook can he start spending his own money?

THE Irish Independent reports today that Bono has just become a billionaire as a result of the flotation of Facebook. It makes him the richest rock star on the planet:
Elevation, … (read more)

Posted: 18th, May 2012 | In: Celebrities | Comment

Sam Hallam’s going to have to pay the government bed and board

I’LL guarantee you in a day or two you’re going to be seeing pieces shouting about how unfair it is that Sam Hallam, unfairly convicted and now released, will have … (read more)

Posted: 17th, May 2012 | In: Money | Comments (6)

Can you pay your bill with pennies?

YOU cannot pay your bills with pennies. Well, actually you can, but you can’t insist on doing so. The original story in the Mail:
A disgruntled client who paid a bill … (read more)

Posted: 16th, May 2012 | In: Money | Comment

Smartphones: the fastest growing technology ever

ONE way of looking at the current economic world is that it’s a complete disaster. Slow to little growth (and don’t even start talking about Southern Europe), mass unemployment, a … (read more)

Posted: 15th, May 2012 | In: Money, Technology | Comment

The euro is doomed, doomed I tell ‘ee

THERE’S been much head scratching about what’s going to happen to the euro. Will anyone manage to get thumb out of bum in time to actually save the thing (pretty … (read more)

Posted: 14th, May 2012 | In: Money | Comments (4)

If Facebook’s worth $96 billion then Apple’s worth $2.7 trillion

THE big thing in the tech investing markets at the moment is the long awaited Facebook IPO. This is where they actually bring the company to the public markets and … (read more)

Posted: 10th, May 2012 | In: Money | Comment

Another idiot idea: Make those northern suburbs grow like Detroit

SIR Simon Jenkins, very important man that he is, fully paid up member of the Great and the Good, has managed to get infected with yet another of the idiot … (read more)

Posted: 9th, May 2012 | In: Money | Comment

The Hunger Strike of Eric Russell

IF you should go down to Whitehall you might find an interesting sight. A man, Eric Russell, on hunger strike over the appalling bloody bureaucracy that this country has.

No, it’s … (read more)

Posted: 8th, May 2012 | In: Money | Comment

Wonga starts lending to businesses: the credit crunch is over!

WONGA is lending to businesses. Hurrah, Hurrah! It looks like the credit crunch is over, business will get all the loans it needs and things will be just perfect again, … (read more)

Posted: 7th, May 2012 | In: Money | Comment (1)

So how much is Facebook really worth then? Let’s see

GIVEN that Facebook is just about to come to the stock markets for the first time, how much is it really worth? The length of string comes to mind, obviously, … (read more)

Posted: 4th, May 2012 | In: Money | Comment (1)

It’s the Government tax dodging on these 2,000 civil servants

MORE than 2,000 senior public sector officials are being paid through private companies rather than the government’s payroll in an attempt to minimise their tax bill, according to a leaked … (read more)

Posted: 3rd, May 2012 | In: Money | Comment

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