Over long time periods, you also have to take into account the Baumol Effect . Basically, when you have an industry which requires a lot of labour, which it is difficult to improve productivity - lik… (View Post)

Saddened by this news. I have always greatly respected Cyclefree's contributions; even when I disagreed with the conclusion or found fault in them they always contained useful insights. It'… (View Post)

Right, so I know a bit about this. Firstly, surgery is a last resort, only used when someone realy injured their voice or had throat cancer or something. It's quite risky. But you don't nee… (View Post)

Yeah this is a stupid idea, it would be ridiculous for the environment secretary to be wastefully crushing vehicles that could just be sold, even if he has the power to do it. He obviously heard abou… (View Post)

This is a five year guarantee to landlords not to asylum seekers. Basically they are trying to book accommodation on a long term rate, on the basis that they guarantee rent and no voids - even if the… (View Post)