But what if AI and the robots do take all our jobs?
The only correct answer to that question is that we’re all as rich as Croesus.
How has Ed Miliband got this so wrong? Wholly, entirely, wrong?
Back in the mists of time the British Government hired Sir Nick, now Lord, Stern to produce a great big 1,200 page report on climate change.
It’s the imports that are the benefit of trade
A little example of what near everyone gets wrong about trade.
But why tower blocks, Mr Mayor, why tower blocks?
We’ve spent most of the last century with the people of this country stating they’d like to live in houses with a nice front and back garden - and the planners, the authorities, insisting that they’re going to build flats, apartments, for everyone.
Yes, yes, we know this is simplistic and yet
Covering car parks with solar panels. Well, OK. From direct observation it is possible to note this is much more common in Iberia than the UK.
A claim of no evidence
Note what the actual claim is though. In their analysis of whether environmental laws hold up building the government has not pointed to any academic evidence that it does so.
They’ll be testing mammaries in maternity words, mark our words
We’ve suggested before that Big Government has allowed every fool with a prejudice to impose that upon the other 75 million of us.
So glad we’ve now got farming sorted out then
This isn’t what Baroness Batters - formerly head of the National Farmers’ Union - means to say but it is what she does say: Batters said: “One of the long-term and growing challenges to farming is that land is often more profitable for anything else, other than producing food.”
When de minimis is no longer minimal
The essential starting point is that tariffs are only one part of the costs of trade. Transport’s another, being able to communicate between buyer and seller another and it’s possible to compile a list as long as a tariff schedule of further such costs.
Apologies, but we have bad news for the Princess Royal
The Princess Royal has said that the UK needs a “long-term vision” and “a coherent national programme” when it comes to building affordable rural housing.
The Guardian’s worried Argentina is going to work
Inflation means rising prices, which is hard to conflate with falling prices. On the other hand, if prices fall and wages don’t then real wages rise and poverty declines - which sounds like a fair enough plan to us.