The sane approach would have been to fix the taxes on fuel to £x per litre. That way price movements don't get multiplied, the Treasury gets a steady tax return (though declining in the long run… (View Post)

It’s like spending on the military - the problem is too big, so the people raising the problem become the problem. Herman Kahn noted this when he suggested a Swiss style bomb shelter rule for housing… (View Post)

Sadly, creating storage caverns with large nuclear weapons doesn't work either. (View Post)

Denying the truth of other peoples religion can be very offensive to them. Should it be banned? (View Post)

It depends what you mean by "wider economy". The avalanche has already started. It is too late for the pebbles to vote. (View Post)