Tim Worstall

The Russians kill "eight people including a child" on an almost daily basis in Ukraine and I don't see you accusing them of genocide. Mariupol: 22,000 deaths. Gaza: 70,000. Population of Mariupol 425,000. Population of Gaza 2.1million. 5% of pop in Mariupol, 3.5% in Gaza.

Part II. Furthermore, the argument does not work at all for people who are not directors of a company but simply shareholders who take a dividend income from the shares they have bought in CharlesReade Ltd. They simply pay the dividend rate of income tax on that income after the £500 tax allowance. The profits of CharlesReade will of course have been taxed. But not all those profits are distributed to shareholders and if corporation tax was set at zero by a future government the dividends paid might not be any more than they are now as the profits may be retained. People relying on returns on capital simply get the dividends they do not in any real sense pay the corporation tax as well. That is paid by the company.

Instead of building more AI data centers, which 66% of Americans oppose, I have a better idea. Let’s build 7 million affordable homes & apartments. Let’s build more hospitals, schools & childcare centers. Let’s create an economy that works for all, not just the top 1 percent.

👏 You can't cut your way to prosperity, because people pushed into poverty aren't productive. Two decades of austerity have destroyed the UK, its time to end the failed experiment & invest in our country again.

The correct interpretation is that some people are willing to waste the time of six city workers to avoid paying $3 It will never be profitable to prosecute $3 crimes. But, society runs on a bunch of $3 transactions. So to have a society you have to arrest the guy stealing $3.

Spent a week in Portugal breaking every rule the NHS ever gave. I ate eggs daily. I had steak. I ate local sardines, cheese and bacon. Nothing out of a packet with 47 ingredients. And I sat in the sun with no factor 50. I slept like a baby and my nervous system had a full factory reset. No supplements, no app, just sun and real food. Meanwhile the locals in their 80s were marching up hills I needed a sit-down after. People talk about the Mediterranean diet like it's all vegetables and olive oil. But the reality is grilled fish, pork, lamb, eggs, cheese, animal fat. And red wine. People walking everywhere, sitting in the sun, eating late and slowly with family, and having a nap when they felt like it. Nobody rushing, nobody grazing on "healthy snacks", nobody living on cortisol and a meal deal. That's why they live longer. Not because someone drizzled oil on a lettuce leaf. It's the whole way they live, and you can't sell that in a bottle at the supermarket.

Rock has this right, and the numbers make it even better. Vanderbilt broke the steamboat monopolies by cutting the New York to Albany fare from $3 to 10 cents, then to free, and still profited on food sales. His Nicaragua route drove the New York to California fare from $600 to as low as $150. Rockefeller: kerosene cost 26 cents a gallon in 1870. By 1885 it was 8 cents. Light after dark stopped being a luxury for working families. Carnegie: steel rails ran about $160 a ton in the mid 1870s. By the late 1890s they were $17. Ford: a Model T cost $825 in 1908. By 1925 it was $260, and he doubled his workers' wages along the way. The pattern continues today. Jobs put computing power that once cost millions and filled a room into your pocket for a few hundred dollars. Gates put a computer on every desk and drove the price of software toward zero, and he did it decades before he took up preaching the morality of giving wealth away instead of the morality of creating it. Bezos cut the price of nearly everything you buy and delivers it to your door in a day. Musk cut the cost of reaching orbit by roughly 90 percent and forced the entire auto industry to build electric cars people want. Every man on this list got rich by making life cheaper for millions of people he never met. These fortunes were earned by lowering bills on a scale no government program would even claim to be able to match. And the fact is that such government programs ultimately have the complete opposite effect.

I fear for the Telegraph. The new German owners are taking a wrecking ball to a fine journalistic institution by sacking 100 journalists ( despite saying they would invest) and pushing out the door the only names worth reading, the latest being the brave and super talented Alison Pearson. All in favour of cutting costs but what is their big idea? Some old nonsense about more foreign news (nobody will pay for that) and turning the Telegraph into a global behemoth. That definitely won’t happen. My advice is to take a tip from the financially successful Times; Invest heavily in journalism and journalists, disclose information not available elsewhere, keep your good writers fed and watered. I know there is nobody at the Telegraph, from the Editor downwards not concerned at their future and the future of the title. These are tough times for the media, not made easier by these owners destroying their own £600million investment and the enjoyment of their readers.