Well, aye up and Cor Blimey and all that.
Just to remind a society is made up of the thousands, millions, of things we all do like this. This is true of every society, of any society and this is one little part of ours.
You know, not what we're told to do, not what we're paid to, but what we do.
Just to remind a society is made up of the thousands, millions, of things we all do like this. This is true of every society, of any society and this is one little part of ours.
You know, not what we're told to do, not what we're paid to, but what we do.
London cabbies lined up on Westminster bridge ready to take veterans home, free of charge, from the Remembrance Sunday service in Whitehall. 👏👏👏
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Holy Jeez! You mean a game deliberately created to show how unfettered capitalism is bad shows that unfettered capitalism is bad?
My beating heart, eh?
My beating heart, eh?
Anyone who doesn't understand the fundamental problem with capitalism clearly hasn't played Monopoly.
The game ends when one person owns everything and everyone else is bankrupt.
Somehow, we've built an entire economic system around this.
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Tim Worstall retweeted
I've applied for a job in chip design because I want an asian girlfriend.
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El Twatto about medals here. So Chuck, as a royal, retains military rank without being actively in the military. That's just the way it is done. Gets promoted at the right age as if he were still serving, etc. Therefore, because he's still "serving" he gets all the jubilee, coronation and long service medals.
Charles doesn't meet the criteria for any of the medals he wears. He wears them because he wants to look like an experienced senior officer and a man with a significant military record.
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Tim Worstall retweeted
I'm begging Jensen Huang to reconcile with his wife. we cannot afford another billionaire ex-wife entering her "I'm going to fix society by funding its most annoying people" era
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The Economics Of Atwood’s Handmaid’s Tale Is Wholly Wrong, by @worstall timworstall.substack.com/p/the-economic… It just doesn't work. "The set up of the fertile being slaves doesn’t work. Simply because human society always does end up with those possessing the rarity ruling that society. Or, at of the benefits of the society. To prevent this requires a cartel and there simply never is going to be a stable cartel of 4 billion males chasing poontang."
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As I've noted before I've always known I'm unimportant. No one ever has tried to honeytrap me. Not even working in Moscow.
Years ago I randomly got invited to an FBI session on signs to watch out for in corporate espionage and part of it covered Chinese spy tactics (vs other countries). I was the only Asian woman in the room and I remember everyone glancing over at me when that topic was covered 😂
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The weird thing about this is that it's true. Central government policy really was that no one should be allowed to do anything new in Birmingham.
For near 40 years, Whitehall set to destroy Brum! No new factory without a government permit. Car firms forced to Merseyside, Lucas to South Wales, 200,000 residents earmarked to leave, a population growth cap and all agglomeration benefits strangled. Then we ask why it declined!
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A useful proof from @williamnhutton . If defence bonds free of inheritance tax will increase investment in defence bonds then - clearly, obviously - the existence of inheritance tax reduces investment. So, to gain a high investment British economy abolish inheritance tax. You know, like Sweden? adamsmith.org/blog/taxation-…
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Quite. This is why landlords, not tenants, pay business rates.
All these real estate guys replying to Wake are giving up the big secret landlords won't admit about land value tax. The argument is "you do land value tax system, ill charge more rent on my poor tenants" but the secret is landlords already charge the market maximum. LVT works
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Tim Worstall retweeted
If a government can just take Elons' private property, it can take hers too.
How many hungry can selling her $1,000 IPhone feed, how about her car?
How many hungry can selling her $1,000 IPhone feed, how about her car?
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Tim Worstall retweeted
Step one: nationalize SpaceX
Step two: found SpaceXX, with infinite money pile and engineers who are utterly uninterested in nationalized SpaceX
Step three: profit?????
Step two: found SpaceXX, with infinite money pile and engineers who are utterly uninterested in nationalized SpaceX
Step three: profit?????
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Whoo, Boy. "There won’t be any inflation If you raise the minimum wage, you increase purchasing power," Which is why inflation will rise, you've increased purchasing power.
Y’aura pas d’inflation
Si tu augmentes le smic tu augmentes le pouvoir d’achat et en plus de ça il va bloquer des prix pour certains produit . Quoi qu’il arrive ça va créer du pouvoir d’achat
L’isf est pas plus mal et de toute façon les ultras riches ne partiront jamais
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This is fun. AVG seems to think that Cloudflare's own certificate is out of date. At which point we're going to have storms, rains, rivers of blood and cats lying down with dogs, aren't we?
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Tim Worstall retweeted
Hamas dug the world's most impressive tunnel network in Gaza for terror & pioneered the use of plumbing pipes to create tens of thousands of rockets, but it somehow can't dig trenches and basic public drainage to manage rainwater & push floods away from displacement tent zones?
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Why do people like @unherd publish Michael Lind?
He's still making the mistake @paulkrugman berated him for 30 years ago: web.mit.edu/krugman/www/ri… Average wages are determined by average productivity. Therefore increasing productivity in goods production (or AI, robots etc) increases services wages. That's just how the economy works. Not this tosh:
"In principle, there is nothing wrong with an economy in which labor-saving technology allows goods production, agriculture, transportation, and, in time, construction to be done by robots and computers, with humans working in “high touch” personal service jobs — as long as those service sector jobs pay good wages and have good benefits and good hours.
We can debate what government policies are necessary to ensure that, say, nursing-aide jobs are middle-class jobs — “predistributive” measures like increased collective bargaining, or “redistributive” measures like after-tax subsidies to low-wage workers and their dependents. Social conservatives who want to subsidize family caregivers at the expense of commercial or public care can take part in the debate. But except as annoying hecklers, free-market conservatives will have no part in our national conversation on how to share the gains of whatever growth there may be, for the simple reason that free-market dynamics, without some kind of government intervention, will never translate the profits of investors in self-driving cars into higher wages and guaranteed vacations for nursing aides."
unherd.com/2026/11/why-de…
He's still making the mistake @paulkrugman berated him for 30 years ago: web.mit.edu/krugman/www/ri… Average wages are determined by average productivity. Therefore increasing productivity in goods production (or AI, robots etc) increases services wages. That's just how the economy works. Not this tosh:
"In principle, there is nothing wrong with an economy in which labor-saving technology allows goods production, agriculture, transportation, and, in time, construction to be done by robots and computers, with humans working in “high touch” personal service jobs — as long as those service sector jobs pay good wages and have good benefits and good hours.
We can debate what government policies are necessary to ensure that, say, nursing-aide jobs are middle-class jobs — “predistributive” measures like increased collective bargaining, or “redistributive” measures like after-tax subsidies to low-wage workers and their dependents. Social conservatives who want to subsidize family caregivers at the expense of commercial or public care can take part in the debate. But except as annoying hecklers, free-market conservatives will have no part in our national conversation on how to share the gains of whatever growth there may be, for the simple reason that free-market dynamics, without some kind of government intervention, will never translate the profits of investors in self-driving cars into higher wages and guaranteed vacations for nursing aides."
unherd.com/2026/11/why-de…
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