"Economics: @worstall explains the world we live in better than anyone;"- @pmarca, 2014
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Anyone who’s been paying attention this past couple of decades will know that economists already have a solution to climate change - the carbon tax. Those paying attention to the details will know that the UK has actually had one too.
So now we’ve a government willing to change planning law. This is good. We’ve also people insisting that the way that planning grants are taxed should be changed. This is to be an idiot.
One of those stories that everyone gets wrong is that of Henry Ford and his $5 a day wages for workers. Apparently this was so more workers could afford his own cars and this made a bigger profit.
There’s a certain sort who insists that all that wildlife outside the window is just entirely priceless. Entirely impossible to put a value upon it at all. These people are idiots for of course things without value pretty soon disappear - t...
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