Four years is a very long time in politics, but right now it looks plausible that we will have a Trump-style authoritarian government after the next election. And David Allen Green points out quite c… (View Post)

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's so chara… (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 need it anywa… (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)