Much too late, but I had to get it off my chest... Why do all the journalists and opposition politicians seem simply to have accepted Tom McKillop's version of his discussions with Lord Myners about Fred Goodwin's pension? One of them is…

I am a supporter of and enthusiast for the Institute of Economic Affairs (IEA), the leading free-market think-tank. So I was shocked to read, in what I think is the best post I have seen on Guido's site, that the IEA's Shadow Monetary…

Besides each candidate's name on the ballot paper should be their declared annual budget. The successful candidate's budget will be raised from local taxes. There will not be any indexing. There will not be any expenses or other allowances…

Tim Worstall covers the efforts by Dan Mitchell to persuade the American government to step back from its efforts to clamp down on tax havens. This is picked up and expanded at Sounds in the Hickory Wind (nice blog, added to the blog roll…

It occurred to me, as I wrote the last post, that we have a problem with terminology. I am sure I have been as guilty as David Cameron of lazily attacking bureaucracy. And attacks on red-tape are commonplace amongst the right. But the left…

I've just been reading David Cameron's article in last week's Spectator, which presents the idea that they will "usher in a post-bureaucratic age" as the Tories' big idea for the next election. A post-bureaucratic age will presumably need…

Plenty of people hated Maggie, but plenty of people admired her too. Jim Callaghan and John Major may have been failures, but this was tempered by a sense that they were decent men trying, however ineffectually, to do the right thing. When…

BBC journalists were reporting last night that Gordon Brown, who is apparently an avid student of history, was explaining how it was important to reach agreement at the G20 on a broad, fiscal stimulus, or it would be like 1933, when failure…

-"Borrowers have been warned they face higher mortgage rates for up to nine years as banks hit customers with the cost of tighter regulation."- So begins the lead article in the Money section of this week's Sunday Times. The problem, it…

A member of the Claverton group of energy fantasists (of which I am amused to be a member), posted the following article not only to the other members, but to Ed Miliband, Mike O'Brien and Joan Ruddock. See if you can spot the flaw…

We know that what follows is typical of how they see the world, but rarely do we see it spelt out so clearly. In the recently issued consultation on a Heat and Energy Saving Strategy, the Government details (p.13) "What we have already…

There is a movement developing in the States to send tea-bags to senior Democrats (including the President) and to hold local "Tea Parties", in reference to the Boston Tea Party, in objection to the massive Obama programme of bail-outs and…