A really rather important point about reductions in emissions: the targets must be time flexible. This means that the current UK idea of mandatory cuts each and every year is a very bad idea indeed.

If you'd like to know why government is so expensive, well, here's a little hint.

One for the brave: how to short the oil market.

A not very good restaurant is in fact a symbol of how far we've come.

And that journey was of course started by the invention of beer.

Yes, taxes on capital really are different from taxes on incomes.

And finally, Netsmith must apologise. This was one of the first (note, one, not the) places to point to the blog Wife of the North. It all might be going just a tad too far.