Monthly Archives: February 2007
Political posturing on City bonuses
Tim Worstall is surely right when he claims that Peter Hain’s call for two-thirds City bonuses to be donated to charity, is just political posturing within the Labour Party. Let’s take it as given that no-one seriously considers this idea … Continue reading
Lord Lawson takes a pop at Stern
The former Chancellor is not convinced. Lord Lawson told MPs: “One of the oddities of this whole field is that you apply weather forecasting to economic forecasting to demographic forecasting, you pile uncertainty on uncertainty and then apparently you come … Continue reading
In which Brad Delong is misunderstood. I think
Brad Delong writes Bill Gates, Paul Allen, Steve Ballmer and the other millionaires and billionaires of Microsoft are brilliant, hardworking, entrepreneurial and justly wealthy. But only the first 5 percent of their wealth can be justified as an economic incentive … Continue reading