Labour’s graduate tax is evil
My wife is one of those people who want to get on in life. An achiever. So she studied for an MBA at Warwick Business School. Paid for out of […]
Economics
Capitalism is utterly fantastic
Capitalism pays for all the other -isms. The misguided people of the left regularly denounce capitalism and those who practice it. They think that individuals should not provide goods and […]
Mansion Tax = pure, nasty, envy
Firstly let me make it clear that the proposed Mansion Tax has no effect whatsoever on me. Our greatest ever Prime Minister, Margaret Thatcher, famously said: “The problem with socialism […]
How Alex Salmond lies about Scottish finances
Last night (10/12/2014) Alex Salmond was interviewed by the ineffectual Kirsty Wark on Newsnight. When asked about the price of oil dropping from his prediction of $150 a barrel to […]
The under occupancy charge is brilliant
Some people (far too many) have their housing rental paid for by other people (the taxpayer). In many cases these people are squatting on rooms that they don’t need. This […]
Foodbanks explained
Man benefits enormously from being a social animal. Division of labour, markets and capitalism have allowed us to build an amazingly prosperous modern society. A part of this is our […]
Bruce on Economics!
Let’s start with a brilliant video featuring Arthur Laffer, one of the world’s very best Economists. Although it is about the USA, the lessons learned can be applied to any […]
How to better manage the British economy
One huge problem that the Chancellor has is that virtually all his policies presume the UK to be one homogeneous economy. That Drumchapel, Easterhouse and the Gorbals are just like […]
Why the British public sector is so execrably awful
It is irrefutable fact that the bigger a country’s public sector, the worse that country will perform economically (see Cuba, Venezuela etc) and that the bigger a country’s private sector, […]
Gini Coefficient is often silly
For those who don’t know, the Gini coefficient is used to measure equality of income. With a coefficient of zero everyone has exactly the same income. With a coefficient of one […]
Productivity is King
When I was young a doctor or lawyer was materially poorer than a lifetime, dependency culture chooser is today. We take devices like washing machines, televisions and fridges for granted. […]
George Osborne is soaking the rich
To understand this article you have to understand two concepts. The first is the Laffer Curve. If a government increases a tax rate from a low level it will collect […]