Madsen Pirie Madsen Pirie

New York’s future

If Zohran Mamdani implements policies that cause corporations to leave New York, high-income residents to move to low-tax states like Florida and Texas, and strong rent controls that lead to rental shortages and deteriorating housing stock, then based on known economic patterns and historical precedents, several things might happen.

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Madsen Pirie Madsen Pirie

Alternatives to a UK ‘Exit tax’

There has been discussion about a possible UK exit tax targeting wealthy individuals who leave the country, with reports mentioning something like a 20 percent tax on unrealized gains rather than a direct confiscation of assets.

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Madsen Pirie Madsen Pirie

The influence of George Orwell

George Orwell, the pen name of Eric Arthur Blair, had an enormous and lasting influence on literature, politics, and culture.

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Tim Worstall Tim Worstall

The Rawlsian Veil answer is the United States. Obviously

Rawls’ idea of the veril of ignorance is to ask, well, if you didn’t know where you were going to end up in a societal heirarchy what, before you were born into it, would you think was the right societal heirarchy to be born into?

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Madsen Pirie Madsen Pirie

A question of spending

The question at the heart of current UK fiscal debates is whether the UK's commitment to high spending leads to high taxes and high borrowing.

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Madsen Pirie Madsen Pirie

Eliminating Scotland’s midges

Biotechnology could, in principle, wipe out Scotland’s midges, but it would be extremely complex and would arouse opposition. There are a few biotechnological methods that could be used to control or even eradicate Culicoides impunctatus (the Highland midge):

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Tim Worstall Tim Worstall

We’re glad Nick Stern has this all sorted then

For instance, my team at the Treasury and I did not foresee that the cost of generating electricity from solar panels would fall by 77% between 2014 and 2024, or that battery costs would plummet by 84% over the same period.

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Tim Worstall Tim Worstall

An exit tax is an abomination

Professor Andy Summers of the Centre for Analysis of Taxation, which first proposed the policy, said it had been largely made possible by Brexit.

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