James Kingston James Kingston

Why Britain should embrace its islands

Britain plays down its strengths, emphasises its weaknesses, and ignores its possibilities. Nowhere is this more obvious than in relation to the UK’s network of Crown Dependencies and Overseas Territories.

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Tim Worstall Tim Worstall

Sadly, some things don’t have solutions

Another of those complaints about how we’ve got to do something because no one is having children any more:

You’d think that the vast range of activities put on for new parents would coincide with a boom in births.

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Maxwell Marlow Maxwell Marlow

Bad Trackers

I’ve seen some pretty shoddy data work in my time, but End Fuel Poverty Coalition’s ‘Energy firm “profits” tracker’ (quotations are my own) really takes the biscuit.

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Madsen Pirie Madsen Pirie

The Moral Case For Liberty

Some analysts put the ‘Golden Rule’ at the heart of ethics, saying ‘Do unto others as you would have them do unto you.’

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Madsen Pirie Madsen Pirie

Investing versus spending

Investment is key to economic growth. We could enjoy now the pleasures that funds can bring. Sometimes we put some of that money into projects we hope will bring us future gain.

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Tim Worstall Tim Worstall

Of course manufacturing declines as we get richer

An interesting and useful economic point made in The Observer (of all places): According to official figures, factory output accounts for 8.2% of national income, or gross domestic product (GDP), down from about 30% in 1970, indicating the diminishing role manufacturing plays in the UK economy.

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Tim Worstall Tim Worstall

Afuera! to the Arts Council then

Given that we are all Motoserristas these days, on the hunt for what government should no longer do and thereby increasing the fructification in the pockets of the populace, useful to find that the Arts Council is not fit for function:

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Johannes Matt Johannes Matt

Proactive cuts, reactive cuts

This week, everyone’s favourite government agency, the Office of National Statistics (ONS), announced that inflation had hit a new 10-month high of 3 percent in January – well above the Bank of England’s forecast.

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Mani Basharzad Mani Basharzad

Blackboard Economics

In his blog post "Ten Things Every Economist Should Know," Dr Pirie includes an important observation: "Modeling has limitations. Some economists like to produce neat, clean models of how economies work.

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