One of the things I love about Shoreditch is that the rules are not clear around here. What’s this? Do you like it?
I have just been reading an interesting post on Marginal Revolution on the benefits or otherwise of Regulation. Tyler Cowen (why does anyone called Tyler always remind me immediately of Tyler Durden?) says in part: 1. Government regulations have a very large aggregate net benefit relative to their costs; rules for clean gas, taken alone, […]
The Mother-Lodge There was Rundle, Station Master, An’ Beazeley of the Rail,An’ ‘Ackman, Commissariat, An’ Donkin’ o’ the Jail;An’ Blake, Conductor-Sargent, Our Master twice was ‘e,With ‘im that kept the Europe-shop, Old Framjee Eduljee. Outside — “Sergeant! Sir! Salute! Salaam!”Inside — “Brother”, an’ it doesn’t do no ‘arm.We met upon the Level an’ we parted […]
Yesterday’s post on how uphelpful various political characterisations of the islamic terrorism problem are reminded me on another situation where thinking about the rules of the game rather than abstract political principles was vital: the problem with the Unions in the 1970s. Now, I would never suggest that there is anything comparable in these situations […]
There is a remarkably sensible (considering) article in today’s Guardian by Maleiha Malik on the Islamic terrorism problem. What I really like about it is not the analogy it draws (between Islam today and anti-semiticism a hundred years ago) but rather the way it focuses on outcomes rather than ideology. She points out that the […]
Oh dear. First (it appears) Tony tells his Attorney General Lord Goldsmith to spare long time pet BAE from prosecution over possible corruption in a Saudi arms deal — and it turns out they are going to get their day in court anyway thanks to a different affair, this time in Tanzania. Then the cash […]