Tim Worstall Tim Worstall

Violating the first rule of economics

They call themselves socialists, but think and act very capitalistically. Real Marxists are probably easier to find in Europe and the USA than in Vietnam.

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Tim Worstall Tim Worstall

Cowperthwaite, ‘ee’s our man

Sir John Cowperthwaite, when running Hong Kong, famously banned anyone collecting the GDP statistics on the grounds that some damn fool would only try to do something with them.

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Tim Worstall Tim Worstall

Ignorance leads to bad policy

Some of the country’s biggest retailers have written to the chancellor, Rachel Reeves, warning that the government’s plans to overhaul business rates risk turning UK high streets into “ghost towns”.

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