The real problem is that we have a Schizophrenia approach to the minimum wage. Governments put it up to become more popular. Then they turn a blind eye to massive evasion. In particular, abuse of imm… (View Post)

FPT Sigh Oil (and LNG) have low price elasticity in the short and medium term. This is because usage tends not to be optional. You can use the car *a bit* less. But most oil and gas usage is already … (View Post)

The rumour (actually the leak) was that Mandelbrot was very “adjacent” to a number of Chinese billionaires and was involved in various… financial transactions with them. (View Post)

Again, it reminds me of the Shells Committee, that after the Battle of Jutland investigated why British naval shells didn’t work. One of the committee members realised that the elaborate testing meth… (View Post)

Do you have a leeesance for your minkey? https://www.youtube.com/watch?v=jGb8EKwDkBE (View Post)