Oxfam thinks that Singapore is an unsuccessful economy – ranking it 149th out of 157 countries – because it has inequality. Singapore thinks that turning a fetid swamp into one...
About Tim Worstall
Political Insider
Green Party policies would give us less leisure time – not more
According to the Green Party, we should have a new economic target: leisure time. This, they argue, should be a formal measure of the economy. Our free time should be measured on...
The Economist
Tesco’s new discounter shows the rewards of the free market system
Tesco is returning to the happy days of founder Jack Cohen’s “pile it high and sell it cheap” philosophy with the opening of its new discount arm, Jack’s. Or to be more precise,...
The Analyst
An illiquid housing market is holding Britain back
It’s amazing the capacity some policy wonks have to identify a problem and then come up with a completely wrongheaded solution. So it is with the latest report from the Housing...
The Economist
Economic development is a prerequisite for gender equality
According to the World Bank, the true and proper economic emancipation of women would make the world $160 trillion richer. However, this eye-catching figure gets things the wrong...
The Economist
The Rich List is evidence that capitalism isn’t broken
Interesting proof that Thomas Piketty got the modern economy wrong comes from The Sunday Times’s annual rich list, which was published yesterday. Some 94 per cent of the 1,000...