Two more weeks till we turn the clocks back. Who actually wants it to get dark at 4 pm? No one. Why do we do it? Because it worked in the First World War. Or something. Let's make this the last … (View Post)

Yes that's true, but I can't help but think that blaming and justice for victims etc. is the purview of the criminal law, which has more safeguards than a public inquiry. (I'm probably… (View Post)

No. Even if a country suffers discrimination against its own industries, it is irrational for it to retaliate. The best strategy for us is to buy their subsidised and protected goods, and use the che… (View Post)

No it doesn't. Incidentally I'm not entirely opposed to all intervention and subsidies. But I am opposed to almost all of it for economic reasons. If there are non-economic reasons to subsi… (View Post)

There are about half a dozen fallacies in that post. For a start, selection bias. China has had plenty of failures in subsidising its industries. In the West, we are only conscious of the successful … (View Post)