The Scrubbers Are Failing
In the film Apollo 13, a loss of oxygen causes the crew to start inadvertently poisoning themselves with their exhalations.
The engineers back on earth...
With Lookouts Like These…
Jeremy Warner of the Telegraph has a stark warning for us.
"If you are coming off an interest rate of just 0.1pc, the effect on...
Dear God Saez And Zucman Are Lying Bastards
What they say here is absolutely true:
Unfortunately it's said in a manner which deliberately misleads. Meaning that it's fair - because deliberate - to...
Planning Is Just Such A Difficult Thing, Isn’t It?
Today's installment of why Hayek was right. You know, that bit in the Nobel Lecture, The Pretence of Knowledge.
The point being made was that...
Resolved, The Laffer Curve Exists
The Laffer Curve is the contention that there is a tax rate which maximises revenue collection. That's all it is too. It does not...
Government Debt – So Far So Good
When rich people feel overtaxed, they often find ways to avoid paying tax. As a result, governments get less, despite having demanded more. So...
Dynastic Wealth – Horrendous Statistics From IPS
The Guardian tells us that the richest families have been getting ever richer. This should not happen - therefore abolish capitalism:
Self-made billionaires including Jeff...
Our Word, Isn’t Nick Dearden A Little Toad
A reasonable description of someone playing politics with hundreds of millions of lives would be toad. Even, little toad. Which is the observation we...
Public Risks and Institutions
From our Swindon Correspondent:
From Unherd
The Centre for Long-Term Resilience report, co-authored by Toby Ord, a professor at the University of Oxford’s Future of Humanity...
It’s Not So Much That I Told You So But I Did Tell You...
It is a standard economic assumption that immigration doesn't lower wages. This is because while immigrants do bring their labour with them they also...