Not quite so rosy The establishment media has portrayed the latest UK job figures in gushing terms. And in fairness, things might have been a lot worse. Nevertheless, the Office for National Statistics offers several caveats not reported in the mainstream. Such as: “It is possible that those made redundant …
Read More »In Brief: Cash behind the sofa, Tory sleaze, Inevitable outcome, the cost of mitigation
In circulation in name only People have been hoarding mountains of cash; or at least, that is what the media told us back in July. The story was superficially plausible. Pandemic restrictions had prevented people from spending. And those businesses which dealt in cash could not access a bank branch …
Read More »Out of their depth, taxis and the backward march of Labour
With neither map nor compass After a fortnight of establishment media wishful thinking, yesterday’s monetary policy committee meeting brought forth disappointment. The committee voted 7 to 2 not to raise interest rates after all. Insofar as global shortages, broken supply chains and rising energy costs are not the result of …
Read More »Godwin, vapourware and a royal toilet seat
An early outing for Godwin Godwin’s law put in an early appearance at COP26, when the Archbishop of Canterbury accused politicians who ignored climate change of being worse than those who “ignored what was happening in Nazi Germany: “It [climate change] will allow a genocide on an infinitely greater scale. …
Read More »Cognitive dissonance, carbon taxes and economic collapse
So why are they doing this? The sense of urgency is palpable. We have just months to save the planet. British Prime Minister Boris Johnson says that the climate doomsday clock is at a minute to midnight. The heir to the throne of Britain and a large part of the …
Read More »Free markets and unfair elections
Internally coherent and fundamentally flawed We do not, apparently, have supply chain shortages or inflation. That’s according to John Tamny at Forbes: “Media members, ‘experts,’ economists, and politicians don’t even disappoint anymore. To say they do would be to flatter them. “Either they think we have inflation, shortages, or a …
Read More »The climate war won’t work
There are, in fact, no human comparisons for the effort required to reverse the global-scale damage wrought by 300 years of industrial growth. Nevertheless, people still reach for past human endeavours to try to spur our political leaders to an action which, in truth, is far beyond them. How many …
Read More »