Booker’s misunderstandings, like his commentary in general, are not original – in this case they come second-hand from the former Ukip press officer-turned-blogger Tim Worstall, whose complaint on the Adam Smith Institute blog is entitled “Perhaps Decc would like to do their sums again“. Worstall’s problem is that he “can’t find the price assumptions they

I like this: CAPE TOWN. After 28 years of silently tolerating it, a group of unemployed local musicians have joined forces to release a Christmas single, entitled ‘Yes we do,’  in response to the Bob Geldof inspired Band Aid song, ‘Do they know it’s Christmas?’ Thankyou to Tim Worstall for spotting this. Speaking at the launch of the si...

At the ASI. Why Kim Jong Un should trade more with Tim Worstall

"All corporate taxes fall on households in the end. Companies might be convenient places to get cash from but they are not the people actually carrying the economic burden. It is some combination of shareholders, workers and consumers that are carrying the burden: those getting the social services which they are unable to fund." Tim Worstall, dealing with yet another piece of nonsense from that ov...

The argument being rebutted is that of Tim Worstall – that we should not tackle tax evasion because to do so would reduce GDP. He says the existing rate of evasion is optimal and we should not address it as we are at an equilibrium state where we can afford this level of crime. No,

I think this makes it the full house of the UK’s newspapers: excepting the Morning Star perhaps. Advocates of a tax on financial transactions say the proceeds could be used to help to stabilise indebted eurozone countries. However, the IEA’s report, compiled by economics expert Tim Worstall, concludes that such a tax would yield revenues

Yes, there are a couple of interesting recent postings up at the Adam Smith Institute blog, both involving falling prices and falling profits. Tim Worstall writes about why the solar power business is not proving very profitable. This is not, he argues, because solar power is rubbish. It's just that making the kit to capture it is not that hard, the price of such kit is falling all the time, ...

"The great problem of recycling anything is that whatever it is that you’re after might be extremely dispersed. You can end up epending more energy, more labour, in trying to oncentrate it enough to recycle it than you would expend by simply digging up some new stuff." Tim Worstall on the issue of recycling rare metals. The point he makes very well, in my view, is the issue about the sca...

Just reading Tim Worstall having a go at Melissa Benn's intellectual or moral ( it has to be one of them ) failure on free schools something occured to me that been nagging for a while. The left are always on about how they care ( see Polly "bleeding heart - but not enough to sell my villa in Tuscany" Toynbee for an example). And yet it s very clear what the espouse doesn't work. For tho...

"Richtie is the true Clausewitzian nightmare, an industrious idiot who never stops." David Moore, commenting on an item by Tim Worstall, who fisks the absurd Richard Murphy....