The importance of the Royal Naval Blockades, in the Napoleonic War, and both World Wars, can't really be overstated. The economic and logistical impact on the enemy was devastating. The blockade… (View Post)

Prohibition almost always results in a reduction in the incidence of the thing you're trying to prohbit. The issue is whether the costs outweigh the benefits. Prohibition of alcohol, in the US, … (View Post)

I think he's crap, but I don't lose my temper over him. (View Post)

Barring WWIII, I expect that growth will be pretty brisk between now and the end of the decade. The 2020-23 period was a one-off period of shocks, and business investment has been growing rapidly ove… (View Post)

It's the best news for a long time. They should have done it months ago, but better late than never. (View Post)