If you promise someone lots of other peoples’ money then you can buy their vote:
An interesting little whine in The Independent about corporate taxation. Which contains one gem and one great truth. The gem:
So enough of multinationals treating the British state as if it were a charitable fund to which they can voluntarily contribute. … Their vans drive on taxpayer-funded roads, and they frequently avail themselves of a legal system paid for by you and I.
The roads are more than paid for by vehicle and fuel duties, both things which local and foreign companies pay if they do actually use the UK’s roads. And the commercial courts system is paid for by user fees: it isn’t actually true that you and I pay for it, not unless we avail ourselves of its services. but the great truth is this:
At a time when public trust in business is plummeting, tax justice has been called ‘the Fairtrade of our times’ – a measure by which we tell a good business from the bad. And as with Fairtrade, when co-ops were the first to stock the products, co-operative councillors the first to demand fairtrade procurement, and Labour & Co-operative MPs the first to demand political support, it’s the co-operative movement and social enterprises that have once again been ahead of the curve.
We have nothing against cooperatives whatsoever, but we do against Fairtrade. For as we’ve found out it doesn’t in fact benefit those poor producers very much if at all. It’s simply a form of outdoor relief for the dimmer members of the upper middle classes, to whom all the actual money flows. And do note that it’s nor us making the comparison between Fairtrade and tax justice but someone who supports both. And thus we know that tax justice isn’t something either serious nor likely to be of benefit to us all: just as Fairtrade isn’t and most certainly isn’t to the poor.
No one likes to receive unsolicited advice; and government recommendations are no exception to this.
But the United States’ Centers for Disease Control and Prevention didn’t heed that warning when on Tuesday it released a new alcohol advisory, aimed at child-carriers (who we in the 21st century have started to call ‘women’).
The CDC has recommended that women of a childbearing age who are not using birth control completely abstain from alcohol intake to avoid an accidental, alcohol-exposed pregnancy.
From the CDC’s Principal Deputy Director Anne Schuchat, M.D.:
Alcohol can permanently harm a developing baby before a woman knows she is pregnant…About half of all pregnancies in the United States are unplanned, and even if planned, most women won’t know they are pregnant for the first month or so, when they might still be drinking. The risk is real. Why take the chance?
Why take the chance? In the off-chance that a woman could get pregnant during 3-4 decades of her life, why wouldn’t she abstain from alcohol (and while she’s at it, cut out raw fish, cured meat and soft cheeses, stop skiing, avoid overheating and sign up to antenatal courses too.)
Those outside the- 4-decade span haven’t been excluded fully from the press release either. While the CDC mainly addressed the effects of alcohol on pregnant women, their infographic suggests far more ambitious plans to cut down on women’s alcohol consumption alltogether. Keep in mind “heavy drinking” is defined by the CDC for woman as “consuming eight drinks or more per week”.
Quite rightfully, the Internet went ballistic over the insinuation women should be prioritizing the biological possibility of pregnancy over their daily activities, which include drinking habits.
These recommendations in the States come just weeks after here in the UK the Department of Health changed its alcohol guidelines, lowering maximum unit intake to 14 a week for both men and women, making the UK’s recommendations some of the most restrictive in Europe.
The CDC’s and DoH’s recommendations are different, but the recommendations of both government bodies were created with the same, faulty assumption: individuals can’t be trusted to their own lifestyle choices, and if left to make up their own minds, will engage in risky behavior.
There is indeed an appropriate way to advise women about the potential consequences of drinking while pregnant, but terrifying non-pregnant women out of a glass of wine because of ‘what might be’ falls short of providing an education tutorial.
Well, obviously it’s rubbish, eh? Because as Walter Heisenberg pointed out we can’t even pin point the location of a particle using physics. So, what’s the use of it, eh? We can know where an electron is going, possibly even how fast, but not where it is. So, thus, obviously, we need to take an entirely different approach to the whole subject of trying to understand the physical world around us.
At least, this would be so if we were to take Tim Garton Ash on economics seriously:
The Guardian recently asked nine economists whether we’re heading for another global financial crash and they gave many different answers. Yet still we turn to economists as if they were physicists, armed with scientific predictions about the behaviour of the body economic. We consumers of economics, and economists themselves, need to be more realistic about what economics can do. More modesty on both the supply and the demand side of economics will produce better results.
Which is to entirely miss the point over what economics can tell us about the timing of crashes. The physics tells us that we cannot know both velocity and location of that electron. This is a finding from the science: it’s not one of those things open to negotiation nor something that we’re going to solve by using a different evidential or logical approach.
And so it is with the timing of a crash in financial or other markets. We do not in fact say “Oh, economics cannot predict that”. We say that “It is impossible to predict that, we have proven it”. Thus the hunt for a predictive method for a crash is a odd as a hunt for the true location and also velocity of a particle. It’s not that we cannot do it with the current state of the science: it’s that the science has proven that we cannot do it.
Thus, if economics fails on this point then so does all of modern physics fail on the same point. And the silly thing about saying that is that nuclear bombs still go boom even if we cannot tell which particle caused it in what manner, and economics is still, even the current economics we use is still, hugely useful in describing the larger world we live in, even if not accurate to the level of detail that physics is not.
Yes, let us be realistic about what economics can do. One of the things we know it cannot do is predict a crash.
In a column for Inside Housing I’ve looked at some of the data around how gentrification affects existing residents to see if there’s any reason to worry about it. Surprisingly, it doesn’t look as if gentrification really does push out existing residents very much – involuntary movement out of a gentrifying neighbourhood is about 0.6 percentage points higher than city-wide averages:
Instead of displacing people, gentrifiers tend to add to a local area’s population through new builds and property conversions (like warehouses and former industrial buildings). Although rents might rise for existing tenants as overall demand for the area rises, the involuntary displacement rate is very small – in one US study, it is 1.4% compared to a city-wide average of 0.9%. . . .
And gentrification brings benefits for locals, with better jobs opening up:
It often feels like the staunchest opponents of gentrification are other gentrifiers who got there a bit earlier. The evidence from the US and the UK is that gentrification raises the incomes of people living in affordable homes and improves their credit scores.
And this is not even to mention the reduction in crime that usually takes place as well. Read the whole thing here.