Posts Tagged ‘Economics’

The comments thread at LC’s article against the minimum price for alcohol has proven to be hilarious for a further demonstration of the sociological ignorance of Tim Worstall et al, whose approach to the issue is at best naive and at worst dangerous and actually illiberal (I’ll explain why later). The approach of the Worstall […]

I had a free lunch. So there.

Imagine you are skint. Imagine you have also run up some debt on your credit card. You open up a spreadsheet on your laptop, and calculate your monthly income and outgoings. You notice that you are spending more money than you receive. Clearly you can’t carry on like this. So you decide to change your […]