Tag: Politics
Corporate tax should be fair and shared
Ireland accounts for a share of global profit disproportionate to the size of the Irish economy. Not because business in Ireland is particularly successful but because reporting profits in Ireland is particularly attractive.
The monumental folly of rent-seeking
The activities of Shah Jahan epitomise rent-seeking – the accumulation of a fortune not by creating wealth through serving customers better but by the appropriation of such wealth after it has already been created by other people.
Scotland’s debate lacks seriousness
What would an independent Scotland actually be like? The only sensible answer is that no one really knows.
The wrong sort of competition in energy
Some complexity is unavoidable, but much of the complexity consumers experience is not.
Higher pay boosts economics and politics
Wouldn’t it be simpler if poor people in work were just paid more in the first place? That is, apparently, predistribution.
The welfare state’s a worthy Ponzi scheme
The only bread fit to eat is bread baked today: but why should today’s bakers feed the retired bakers of yesteryear?
Take on Wall St titans if you want reform
Effective banking reform should aim at structures, not at intensified supervision. Resilient systems are simple ones.
Why do we need to pay billions of pounds for big...
The argument that we need the best and latest is powerful in political decision making, even among people who would never behave that way in their everyday lives.
Media frenzies are no basis for sound laws
In a world full of information and short of our attention, the events that affect behaviour are those that are salient.
Rent-seeking lessons from Mubarak to Louis XIV
If business is endlessly frustrating and politics endlessly rewarding, the career choice for able and enterprising people is obvious.
