I think this has the potential for serialisation, so consider this the 2nd in a new series 'Macro-economics with Tim Worstall'. The title will be my attempt to decipher what he is saying. No.1, here: Left-wingers believe that raising the price of petrol has no impact on its consumption. No.2 If a company alters the price of its goods in a country with a fixed exchange rate that system ha...

There is, however, another reason for not engaging further. I note some of the rather offensive comments on Tim’s blog. I am quite sure neither Dennis or I would allow such ad hominem attacks, all unfounded. But Tim comes from a very different part of the political and, might I say it, social spectrum. Tim

There’s a spat going on between Tim Worstall (interested observer of economics and serial entrepreneur) and Richard Murphy (Director of Tax Research LLP) about economics and sundry other topics. Murphy recently trotted out the abuse that Worstall is privileged, a term abuse beloved of the vulgar left which destroys all arguments in their mind. Lets take a

Tim Worstall is going to eat your babies, and your kittens. Or at least that's pretty much what the disgusting, socialist moron, Richard Murphy, seems to think. Tim is a clever chap, I will not dispute it. There is, however, something very unpleasant about his methods. He tries to engage as a reasonable person on this blog, and then goes back to his own blog, hurls abuse and waits for his sycophan...

Ritchie: But Tim comes from a very different part of the political and, might I say it, social spectrum. Social spectrum? What’s that all about then? Is he calling me an oik or something? A little weird to be sure. Murphy’s degree was Economics and Accounting. So was Tim Worstall’s. OK, so I wasn’t an accountant: In parallel with his

When in my teens, in the 1960s, I wondered what rules were best for governing the world, and the nations in the world. Comparisons like this (featured by Tim Worstall at the ASI blog today, he having come upon it here) helped me to decide: As Tim Worstall notes: [T]he countries are matched as to rough starting point before the communist armies marched, matched roughly as to culture and so on, and ...

Tim Worstall has just spotted a shameless shift of view by the economics journalist, Will Hutton. Hutton criticises the idea of state-backed mortgage agencies, such as the Freddie Mac and Fannie Mae organisations that have fallen into dire straits in the US due to the problems in the housing and associated credit market. Funny, since as Tim noticed, Mr Hutton was singing the praises of tax-backed ...

Tim Worstall is not entirely convinced about the notion of athletic drummers. The comments are well worth reading.

You might enjoy: Gary Becker in The Becker-Posner Blog: Should US Taxes on Gasoline be Higher? Sean Collins in Spiked: Fannie, Freddie and the "economics of fear" Martin Bright in Bright's Blog: Karadzic and Srebrenica Daniel Hannan in Telegraph Blogs:...

Nouriel Roubini, Larry Elliott, George Soros, and…..Tim Worstall! Tim Worstall, a fellow of the Adam Smith Institute, writing his column on Forbes says he has been predicting the euro’s demise since before its creation. He writes: “As I’ve been saying for years, the euro is bound to fall over, the euro will inevitably fail as