Bigger Firms Are More Productive And Pay Better Wages

We've long known this was true about manufacturing firms. There appears to be a process of internal negotiation whereby goo profits lead to higher...

Will Apple, Ireland Or The European Union Win The Tax Appeal?

Ireland has now collected the disputed amount of tax from Apple, as the European Union insisted it should. The next interesting stage is going...

Getting The Facts Wrong About US Manufacturing

It really is quite amazing how many factual errors it's possible to get into just the one analysis of what ails America's manufacturing economy....

Why Was Jim Crow The Law? Because Discrimination Is Costly, As...

An interesting little historical question is, well, why was Jim Crow the law? If all white Southerners were racists then it wouldn't be necessary...

Benford’s Law Is Weird But Interesting

The weirdness being what makes it difficult for people to fake, thus giving us a marker for fake numbers: Using Benford’s Law to detect tax...

And Here Are The Funeral Directors Building A Cartel, A Guild

One of the useful ways of reading Adam Smith's "Wealth of Nations" is as a rant, a rage, against the medieval economy of guilds...

John McDonnell To Lower Wages In The Gig Economy – Or...

That John McDonnell doesn't understand economics is obvious enough, the man's a hardline Marxist and socialist. Who has even said that the Senior Lecturer...

Tesco Launches Jack’s – How Consumers Benefit From Competition

A fun little point concerning how we consumers benefit from that capitalist lust for the profits to be made by exploiting us. As long...

From The Annals Of Inventive Innovation – Crack Pipe Vending Machines

There are times when human ingenuity really does need to be applauded - that invention of fire, the noting that garlic added to stone...

Yes Indeedy, There’s A Laffer Curve For Innovation

The standard form of the Laffer Curve is simply a mathematical truth, that there are tax rates which are too low to be revenue...