Friday, July 20, 2018

Help Darren Grimes Fund His £20,000 Electoral Commission Fine.

I know were usually asking for donations to keep the website alive, but we have a new cause.. First of all, thank you to everyone who has donated to CT in the last few months. Your continued support helps keep us online. Darren was fined £20,000...

Latest News (Load more at bottom)

Burberry Destroys £28.6 Million In Stock – Why Not, The Stock Is Cheap, It’s...

There's a certain amount of shock being expressed at the idea that Burberry destroyed £28.6 million of stock last year in order to "protect the brand." Further, that many other such luxury brands do much the same thing. The argument being that burning some portion of what doesn't sell...

Indian Government Buys Sugar Farmer Votes By Borking Sugar Mills

To explain this part of Indian economic management it's only necessary to understand that growing sugar cane is a small scale farm matter. Sugar mills are a much larger scale industrial matter. There are therefore many more votes in favouring the farmers than there are the processors. With that,...

To Explain Declining Productivity Growth – Not Enough Companies Going Bust

The single most important determinant of future living standards is whatever increase there is in labour productivity. Quite how that rises is, well, it's arguable. Certainly, it's not something that government directly controls. Sure, we get all that shouting about how i there was just more investment, a national...

But Why Would You Want Mark Zuckerberg To Censor Your Facebook Posts?

The latest outrage is apparently that Mark Zuckerberg is not willing to censor your Facebook posts. Which does raise the obvious question - why would you want Mark Zuckerberg to censor your Facebook posts? The specific subject is Holocaust Denial but that's only a horse at the gates, not...

If Only The Guardian Knew Who The 1% Are

The Guardian treats us to a long read on how appalling - vulgar even - is the How To Spend It supplement to the Financial Times. This could even be true, for it is little more than a listing of this week's Veblen Goods. However, the real information contained...

Failure To Snub Equals Treason

Summer is political silly season in the United States. There are elections for the House and one-third of the Senate this November, and primaries to select the nominees between now and then. But Congress is treading water. Republicans, seeking to paper over their failure to fulfill their seven-year promise...

Given How Bad It Is, Why Do People Want Government To Do More?

It's not unusual for us to find people insisting that government must do more. That this or that ailment of the world can be cured by a few more bureaurats doing something about it. Then we get actual reports of how well bureaucrats do things: An estimated 70,000 claimants were...

Today’s Gender Drivel – Ever Heard Of Pheromones Honey?

The things The Guardian will complain about, eh? Today's version being that scents - artificial ones - for men and women seem to be different: Female orgasms v ‘hydra power’: why toiletries are the last bastion of sexist advertising Radox has come under fire from a priest who says its packaging...

Have You Filled Your Quota, Comrade?

According to a piece in the Telegraph today, Kin Jong-Un got annoyed today at his workforce. Apparently they have no revolutionary spirit. Our students, media and political establishment are made of sterner stuff - they are wholeheartedly committed to a socialist revolution. They would like to create a modern British Venezuela,...

Today’s Absurd Brexit Scare – Dairy Will Become More Expensive

The list of things that might be caused by Brexit - from sexual incontinence to sexual impotence to believe some people - continues to grow but this specific idea that it will lead to rising dairy prices does seem more than a little absurd. For some decades now European...

Ask Agatha # 14 – I Tried to Follow in My Husband’s Footsteps

Dear Aunt Agatha, Excuse me writing to you on my personal e-mail; I don't want the Feds to see it when they rifle through my official stuff.  I want your advice on what I do next.  I married a philanderer, using him to set up my own political career.  The...

Why Would Politicians Object To New IRS Rules About Donation Disclosure?

The Internal Revenue Service has just announced new rules about who has to disclose donations to non-profit groups. The basic point appearing to be that certain non-profits do not attract tax relief at the level of the donor when a donation is made. Thus there's no reason for anyone...

Pakistan’s Chief Justice Almost Right – Charge For Water, Not For Dams, But To...

When something is in short supply at the current price then a reasonable idea is to raise the price for it. This will, even if it doesn't call forth more supply, at least restrain demand. It's also worth noting that if we don't have government trying to determine what...

Indian Commerce Dept To Make Indians Poorer – 25% Duty On Solar Cells

The Indian Commerce Department is recommending that all Indians be made poorer. Not quite what we hope our own governments will do to us but common enough all the same. For they've decided that a 25% import duty should be imposed upon solar cells and panels. The reason being...

I Guarantee You – Guarantee – That Jeff Bezos Does Not Have $150 Billion

Amazon's share price has been surging, Jeff Bezos owns a lot of the stock of Amazon. Thus we have the reports that Jeff Bezos is now worth $150 billion, the richest man of modern times therefore. This isn't actually true for people just aren't counting right. Moneycontrol News Amazon founder and...

OBR – We Can’t Afford The Welfare State We’ve Already Got

The Office for Budget Reponsibility - what a name, eh, proof perfect that those who spend the money aren't responsible with it - has insisted today that we cannot afford the welfare state that we've already promised ourselves. This does rather put the kibosh on plans to extend it. More...

If Only Polly Toynbee Had Read Her Adam Smith

That Polly Toynbee is remarkably uninformed concerning the world around her is an obvious truism. She's far more interested in the visions of sugar plums dancing in her head than any aspects of reality. But even so it really would be a good idea if she'd bothered to read...