Northerners Die Younger – It’s Migration, Not Inequality
It's easy enough to understand how this finding will be used. Young northerners die at higher rates than young southerners. This is undoubtedly the...
Once We Get Robots Building The Factories Where Robots Build Robots We’ll Be Getting...
The apotheosis of wealth building is a Von Neumann machine. We build one, it goes off and scours for the resources to build another,...
ThinkProgress, Gab AI And The Joy Of The Biter Bit
Following this appalling shooting at the Pittsburgh synagogue it looks like Gab.AI is in trouble again. As we're repeatedly told it's where all the...
Economic Rationality Doesn’t Mean What You Think Economic Rationality Does Mean
It's a standard criticism - from the dimmer at least - that free market economics doesn't work because it assumes, requires, that people act...
Excellence In Market Segmentation – Charging For Airline Seat Allocation
A useful thing to keep in mind about being in business is that you're attempting to be the anti-economist. Everything that the standard textbooks...
Will Hutton Fail – But Has Philip Green Done Better Than Others?
Will Hutton comes over all Edward Heath and tells us that Sir Philip Green is the unacceptable face of capitalism. Tough, brusque to the...
Patisserie Valerie’s Cash Hole And Secret Overdrafts
Luke Johnson's Patisserie Valerie isn't having an easy time of it. They thought they were sitting on a cash pile of near £30 million...
Mandy Rice Davies Moment – Landlord Against Business Rates
Mandy Rice Davies was the girl no better than she should be who when asked why one of her possible clientele insisted he'd never...
Ethnic Pay Gap Reporting – They’re Going To Get This Horribly, Horribly, Wrong
Theresa May has announced that companies will have to report their ethnic pay gaps. This is going to go horribly, horribly, wrong. Because the...
Welcome To Canada – Where Oil Is Still Only $20 A Barrel And Gas...
We generally think of oil as having "a price," that there's something called the global price of oil. Indeed, we generally think that oil...