Apparently HFT is going to bring on the next crash or something

I confess, I do find myself a little puzzled by the coverage of finance and banking over at The Guardian at times. Are their writers actually inhabiting this same universe that we are or are they phoning it in from some parallel one? Tke this example, worrying about the perils of high frequency trading (HFT): […]

Higher food prices reduce poverty

It's a general assumption that higher food prices are bad for the poor. Clearly, it must be: the poor, the truly poor that is, spend some 80% of their incomes on food, if the price rises then obviously they must be getting poorer. Thus all that nonsense from the World Development Movement, Oxfam et al, […]

A very important point about climate change

As you all know I'm boringly mainstream in my views over climate change. The scientists tell us that we've got to do something, the economists that that something is a carbon tax so I say, great, let's have a carbon tax. And then we get information that rather changes this so far sterile debate: It […]

Can politicians act in an actively stupid manner?

An interesting question can politicians act, at times, in an actively stupid manner? No, not just be misinformed, a bit dim even, but can they end up enacting policies that are so far from their intended consequences that we can only describe them as having been actively stupid? The answer, you won't be surprised to […]

A small linguistic note

One of the worrywart tribe has taken to the pages of The Guardian to tell us all that we have to talk about indeterminate masculine pronouns. When I set about revising Plain Words, the guide to English usage by my great-grandfather, Ernest Gowers, I soon realised that applying the book's own principles to the job […]