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Tim Worstall
@worstall
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Freelance classical liberal around and about. Substack at https://t.co/U6iYpigGfh
Albufeira, Portugal
Joined October 2009
"Talk to them less about an invisible gas that needs to be eliminated by some future date, and more about high energy bills caused by volatile fossil fuel prices we can’t control (compared with wind and solar energy which are now far cheaper)"Ah, plan is to lie to everyone then.
Climate action is under threat. It’s urgent we seize initiative from rightwing populists, with new tactics: start by building climate resilience in communities where people feel tangible benefits – call it climate popularism. Me & @GreenRupertRead🧵
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@SimonMagus @iowahawkblog EPL - more teams, more games, and, I think, by enough to give more revenue overall?
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@CarolineLucas The old Milton Friedman point. If you keep investing in public services (or welfare) and also have open immigration then ever more will immigrate. It's not sustainable to have both.
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@DanNeidle Tax lawyer decides to do something about tax when he retires from being a tax lawyer. We'll have a discussion of this mystery later. "So, Rory, why do you think that experts might expert?" "A good question Alistair. If you know any experts we could ask them?"
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@davison_al @WullieHalliday @theleftbible Sure. Here are the costs. Here are the benefits (ie, your costs from not investing). Tot 'em up. If b greater than c then do it. Cool! But "investing" is still a c.
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@SolHughesWriter Well, I consider it an absolute bargain but if you want to replace that with "necessary evil" OK. We can also describe it as generous. "I agree that my taxes pay bribe to free poor slaves in other countries" could be described as generous, no? Sorta, the DfiD 0.7% justification?
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@patrickamon @SimonMagus Err, yes. Higher productivity means fewer hours. That's what it means. Lovely thing too - and happening globally. Manufacturing is falling as a %ge of GDP. Which is glorious. We get all our things and also more services!
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@AaronBastani Hmm. Claiming it's all petit bourgeois is handwaving in the direction of Poujadists. Which isn't, really, what's happening.
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@AndreasKoureas_ Wasn't paid off in 2015 either. That specific issue (Consols) was. But to pay for it they just issued new gilts. That is, borrowed more to pay off the old. We are all still paying interest on that old slavery bill.
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Socialists in favour of pubs. They're getting half of it right anyway....
Americans are trading bar culture for wellness apps and mocktails. But despite alcohol’s many shortcomings, our national sobering up is not a simple cause for celebration. We’re also losing social spaces and traditions in an increasingly alienated society.
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@AndrewGibsonMBA That really is a very, very, tough question you pose there. We're all going to have to think about it for a bit.
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@Emma_A_Webb They'll say "See, creates jobs, right? Good for the economy!" While sensible people know that jobs are a cost, not a benefit. But, there we are, sometimes there's just no curing stupid.
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Ooooh, this works. The next American Presidential election is going to be won by shouting at the Joos again. Only, louder this time. Wondrous.
The Dems floating the idea of Fetterman as their candidate for 2028 shows they have no possible understanding of why they lost. Fetterman loses, Shapiro loses, Waltz loses, Harris loses again. No Democratic Party should ever win on a pro-Zionist ticket again. We need an anti-Zionist party and the threat of US collapse is the perfect counterbalance for it. I’m sorry to the US citizens living through this — genuinely. But your country has spent decades destroying the world for its own gain, and this needs to end. US imperialism needs to end. And while I don’t hold a great deal of hope it’ll come through electoral politics, this is one of very few possible paths in that domain: a new anti-war party that supplants the Dems.
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"Dangerously close to advocating" in lawyerese means "does not." Glad to help out @owenjonesjourno
I've consulted an eminent lawyer about @DPJHodges's tweets today. Here is his legal opinion. As you can see, he believes the Mail on Sunday's Dan Hodges could be in legal jeopardy.
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@michaelcoren Here in Britain we have many a century where the two were deliberately blended. Only the righteous could govern, for example. Test Acts and so on. Now we don't have those things, we do separate. Good, we're closer to the ideal, right?
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@michaelcoren Talents etc seem to indicate that investing in order to gain a return is approved of. So capitalism is Bad, M'Kay, might be a little off.
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