The phrase you never do want to hear in a financial market is “This time is different”.

We know they’re eager to have a wealth tax and they want one despite all the serious people telling ‘em it’s a nonsense.

As we’ve noted before economic growth is people doing new things - or old things in new ways.

There's an old Bernard Levin line. He asked, rhetorically, whether it is better to have a tombstone marked “He always kept his word” or “He always acted from the best intentions”.

 As more data emerges about the impact of the Covid pandemic and its associated lockdowns, it becomes clearer that the UK lockdown, which had huge costs to the economy, to education, to civil liberties and to mental health, had little impact on mortality.

Walking down their local high streets, people in Britain are increasingly unlikely to come across a local butcher, baker or grocery shop, and more likely to find betting shops, casinos, adult gaming centres (AGC) and so-called bingo venues, where traditional bingo is muscled out by money-sapping slot machines.

Some commentators have observed that people in the UK seem more afraid of things than they used to be.

Transactions taxes are a bad idea - that’s a central finding of basic thought about taxes.

If we look at historical trends, current research pipelines, and plausible technological leaps, the next 25 years are likely to bring advances in what humans can do along several dimensions: physical capability, cognition, creativity, and societal-scale problem solving.

One of those little sadnesses for planners everywhere. Of course governments can try to control prices and they often do so.

There are several overlapping reasons why younger people often find socialism appealing, and one of the leading ones is their idealism and openness to new ideas.

There are those for whom the partisan political narrative is all of course.