The never-ending battle for liberty
There are no permanent victories in the battle for liberty and the economic prosperity that it engenders.
After shrinkflation comes drinkflation
We have all encountered the practice of shrinkflation, where producers reduce the size or weight of their product to avoid having to increase its price.
The case for slimming the Department of Health
While the UK’s Department of Health campaigns against people becoming fat and urges them to slim down, there is a strong case for slimming down the Department itself.
Tariffs and the European Union
Tariffs are a counter-productive policy, both misconceived and damaging to those who impose them. The new tariffs imposed by President Trump will make US goods more expensive for US consumers.
Luxury paratransit commuting
Many years ago I published a paper entitled ‘The Paratransit Light Vehicle.’ It examined ride-sharing schemes in several world cities. These included the Philippine jeepneys, the Argentine colectivos, the Turkey dolmus, the Israeli sheruts and others.
Business sponsorship of student fees
The UK government could encourage more firms to fund student fees in exchange for post-graduation employment commitments through a mix of financial incentives, regulatory support, and awareness campaigns.
Making childcare affordable
The problem is that many young mothers want to return to work to boost the household income and living standards and to fulfil themselves.
Making the state pension sustainable
The UK state pension is unfunded, a pay-as-you-go system funded out of general taxation and the National Insurance payroll tax. Today’s payers-in fund today’s drawers-out.
Growth is good
It is fashionable in some circles to stigmatize economic growth as ‘materialism,’ recklessly using up the planet’s allegedly scarce resources in a rat race to acquire ever more material goods.
A modern-day Domesday Book
Just as the quantity theory of money factors in the velocity as well as the supply of money, we might apply the same principle to the housing market. The velocity of housing transactions is notoriously slow.
Why capitalism works best
Capitalism was not invented. It developed out of the ways in which people deal with each other, and is one of the most benign things that people have done