I’ve sat across from people saying they don’t want to work more hours, because of benefit withdrawal creating an 80% effective tax rate on the extra hours. If that isn’t Laffer Curve behaviour, what … (View Post)

That’s pretty unfair on most Asda managers. They generally seem pretty well run. (View Post)

Ha! Los Alamos was actual incremental on 50 years of radio-chemistry. (View Post)

IIRC, many years ago, the Economist did a survey. They worked out that a fairly reliable definition of “rich” (as in needs to pay more taxes) was something like double the salary (is was 2.2? times o… (View Post)

It’s the incremental nature of most change that is important. For example, HMS Dreadnought was actually both evolutionary and revolutionary. The design was really a continuation of the Lord Nelson’s,… (View Post)