Economics Is Wrong! Well, About The Value Of Life And Thus Health Care Treatments...

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This is a fun little paper with an interesting conclusion. We've been surmising about the value of life wrong all these years. I am...

The Living Wage Rises Again – Great, So Let’s Stop Taxing The Poor So...

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One of these things which is truly difficult to understand is the manner in which we've a Living Wage - the amount that people...

It’s Official – Public Sector Workers Make More Than Private Sector

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The Office for National Statistics has given us the low down on public sector wages - they're higher than those in the private sector....

From Before Keynes – Tax Cuts Grow The Economy Even If Not Quite The...

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An interesting paper looking at inter-war Britain, showing that tax cuts at the time did indeed grow the economy. No, this doesn't proves that...

To Explain Zimbabwe’s Inflation – The Hypervelocity Of Money

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Zimbabwe is finding out that getting rid of the idiot autocrat - Mugabe - doesn't mean that everything will now be economically peachy. That...

Freedom Fighters – Tim Worstall

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A Q&A with our esteemed editor at the Adam Smith Institute in London: Given this proven ability at live performance Mr. Worstall would like to...

Tackling Gangrene With Morphine

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We have spent a very long time now deforming our economies with irresponsible monetary and fiscal policies. We have borrowed a LOT of money. And we've...

Sequesteflation

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So it turns out that we don't have as much price inflation as we should. I mean, I know we have a LOT – my...

Ricardo Still Right 201 Years Later

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One of David Ricardo's foundational assertions was the law of one price. That tradeable goods will cost the same, when their transport costs are...

Karl Marx Was Right – US Wage Growth At Decade High Of 3.1%

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It's our old friend Karl Marx who called the thing about the workers' wages right. Full employment is indeed the workers' best friend and...