Sunday, July 22, 2018

America’s Industrial Disaster – US Manufacturing Output At Record Levels

As we all know - because we're repeatedly told so by Lighthizer, Navarro and The Donald - American manufacturing is in a parlous state. Cruelly persecuted by those dastardly foreigners even. The problem with this justification for a trade war, tariffs and the subsequent...

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Britain Doesn’t Have Tens Of Thousands Of Rough Sleepers, That’s A Lie

There are indeed people in Britain who are homeless. There are people who sleep rough. There are those in shelters, in bed and breakfast accommodation, sofa surfing and all the rest. However, there's a deliberate manipulation of the statistics that goes on here. We get told of half a...

The Mail’s Ignorance – The Military Requirement To Be Able To Fight Wars

A useful little example of the problem which plagues every military, everywhere and everywhen. Said military needs to have much more kit that in entirely necessary to run operations in peacetime. Because, you know, they do need to be able to fight wars. This means they have a few...

Darren Grimes’ Legal Fees – Page Taken Down.

We need your help! As you know we have been fundraising to raise the £20,000 that the Electoral Commission is demanding as a fine for Darren Grimes, the young and talented digital campaigner who worked so hard to secure Brexit. If you donated to our campaign this this week through JustGiving,...

To Explain The Engels Pause – It Didn’t Happen In The First Place

It's a standard assumption that living standards declined at the birth of capitalism. This underpins much of the phantasms concerning the desirability of peasant life, the wondrousness of those medieval days with their 70 days holiday (a Holy Day is not a holiday. Animal owning peasants who take 70...

The Four Day Week Is Already Here By Any Reasonable Standard

A useful and interesting violation of Betteridge's Law (that any newspaper headline with a question mark can be answered "No") is this about that four day week experiment in New Zealand: Could a four-day working week become the new norm for British employees? Yes. The only detail is when? For this is just...

The NFL Test – Whether Trump Has Made America An Authoritarian Hell Hole?

The rhetoric is pretty fierce these days, the election of Donald Trump has led to the United States revealing itself to be a racist, misogynist, transphobic hell hole well on the way to 21 st century fascism (cont pg 94 of Salon). The rest of the world looks at...

THE METROPOLITANS — Episode Twenty

THE METROPOLITANS A saga of everyday life in the Big L and a wry look at contemporary culture By Tony Carden   Episode Twenty   Adrian walked slowly. At his side, Quinn matched his steps. As they went along Apsley Way a cloud momentarily hid the sun before it passed, its shadow scuttling across the...

“Oops, We Got It Wrong”- Excellent

Note: some artistic licence may have been used here (credit Guido). The reputation of most journalists doesn't survive contact with subject matter they don't know about. If they write about a subject you understand, the errors you spot leave you wondering if the rest of their output, on subjects where...

Losing Your Religion Doesn’t Make You Rich – The Research Is Being Badly Reported

According to science - or according to newspaper reports of the science which is not quite the same thing - a country which loses its religion then becomes rich. This is not in fact what the science has shown. Rather, it shows that a classically liberal society becomes rich,...

Euribor Is Not The European Union’s Equivalent Of Anything

Two blokes who tried to fiddle Euribor have been sentenced to substantial jail terms. Good. The more impersonal markets are - and there's little quite as impersonal as a futures and swaps market - the more trust in the basics of the system is important. People who breach that shouldn't be...

To Pinpoint Why The NHS Doesn’t Work

An illustrative little story to make a rather larger point: Matt Hancock will call on doctors and nurses to “throw away their pagers” and replace them with smartphone apps as the new Health Secretary sets out his vision for the NHS. Mr Hancock, who gained a reputation for promoting new technology...

Why Facebook’s Latest Fake News Campaign Won’t Work In The Slightest

So Facebook has decided that it really should be doing something about fake news. They've even managed to get the underlying basic point correct too. Just as with restrictions upon free speech in general, where we've incitement to immediate violence going on then sure, it's just fine to make...

UPDATE: Help Darren Grimes Fund His £20,000 Electoral Commission Fine.

UPDATE. The donation page was taken down by a coordinated left-wing-remain-fuckwit campaign. Everyone who donated has been refunded by JustGiving. In the process of setting up a second page with GoFundMe who fundraised for count dankula recently. We will also bill via our own merchant accounts. Tim. ============   I know we're usually asking...

Burberry Destroys £28.6 Million In Stock – Why Not, The Stock Is Cheap, It’s...

There's a certain amount of shock being expressed at the idea that Burberry destroyed £28.6 million of stock last year in order to "protect the brand." Further, that many other such luxury brands do much the same thing. The argument being that burning some portion of what doesn't sell...

Indian Government Buys Sugar Farmer Votes By Borking Sugar Mills

To explain this part of Indian economic management it's only necessary to understand that growing sugar cane is a small scale farm matter. Sugar mills are a much larger scale industrial matter. There are therefore many more votes in favouring the farmers than there are the processors. With that,...

To Explain Declining Productivity Growth – Not Enough Companies Going Bust

The single most important determinant of future living standards is whatever increase there is in labour productivity. Quite how that rises is, well, it's arguable. Certainly, it's not something that government directly controls. Sure, we get all that shouting about how i there was just more investment, a national...

But Why Would You Want Mark Zuckerberg To Censor Your Facebook Posts?

The latest outrage is apparently that Mark Zuckerberg is not willing to censor your Facebook posts. Which does raise the obvious question - why would you want Mark Zuckerberg to censor your Facebook posts? The specific subject is Holocaust Denial but that's only a horse at the gates, not...