Markwadsworth
MY BLOGS
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Mark Wadsworth
http://markwadsworth.blogspot.co.uk/
Politics, economics, humour, cow-attacks and Land Value Tax.
LATEST ARTICLES ( 4337 )
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"The Secret to a Long Life..."
Another one of those longevity stories at the BBC: A woman celebrating her 109th birthday said the secret to her longevity is a tot of whisky. Read more
Posted on 17 September 2015 DEBATE -
Chartalism
It turns out from the various comments to my recent banking post that Modern Monetary Theory is just Chartalism repackaged. And what the heck is Chartalsim,... Read more
Posted on 16 September 2015 DEBATE -
"Are Modern Blocks of Flats Modelled on Roman Insulae?"
Quite an interesting article on Roman architecture and town planning at the BBC. But the short answer is "No". However old or new a settlement, it is nearly... Read more
Posted on 15 September 2015 DEBATE -
Fun Online Polls: Central Heating, Bank Lending and Debts
The results to last week's Fun Online Poll were fairly evenly balanced: Have you turned on your central heating yet? Yes - 24% No, but I probably will do soon... Read more
Posted on 14 September 2015 DEBATE -
All These Economic 'theories' Are Not Mutually Exclusive.
In the surprisingly lengthy comments thread to Yes, banking really is that simple, I somehow get the impression that a lot of people think that there is one... Read more
Posted on 13 September 2015 DEBATE -
Tax Incidence: Fail
BenJamin stumbled across an article at thismatter. Lovely, it's got all the charts explaining that taxes are borne by whoever is less price sensitive - the... Read more
Posted on 11 September 2015 DEBATE -
Watching Television with the Sound Off.
On Tuesday evening, the family was out until 9 o'clock, I was listening to music fairly loud and had Obsessive Compulsive Cleaners (a TV programme) on silent. Read more
Posted on 10 September 2015 DEBATE -
Land, They Ain’t Making It Anymore…or Are They?
What is Land? This causes lots of misunderstand and fertile ground for KLNs. Traditionally LVTers speak about land being that minus buildings and other... Read more
Posted on 09 September 2015 DEBATE -
Killer Arguments Against LVT, Not (369)
Benj did his best with this twat over at the ASI, but here goes: ...now that we’re on the subject, I don’t agree with the claim that [LVT] is non-distortionary. Read more
Posted on 09 September 2015 DEBATE -
Super Mario Becomes Longest Running Video Game Plumber
From here and here Mario has thanked well-wishers at home and overseas for their "touching messages of kindness" as he becomes the longest-running video game... Read more
Posted on 09 September 2015 DEBATE -
Full Reserve Banking - with a Massive Bloody Loophole.
Having hopefully grasped the concept of banks 'splitting the zero', various people have proposed Full Reserve Banking, defined on Wiki as follows: Full-reserve... Read more
Posted on 09 September 2015 DEBATE -
Fun Online Polls: Syrian Refugees & Central Heating
The results to last week's Fun Online Poll - on a good turnout of 102 - were as follows: You're a Muslim fleeing the war zone in Syria or Iraq. What's the... Read more
Posted on 08 September 2015 DEBATE -
Yes, Banking Really is That Simple.
Link spotted by Lola in the DT comments, from the BoE semi-official blog: Specifically, whenever a bank makes a new loan to a non-bank customer X, it creates a... Read more
Posted on 07 September 2015 DEBATE -
"At Last! British Banks Are FINALLY Lending to Small Businesses"
From The Daily Mail: According to Bank of England figures, small and medium-sized businesses received over £1.1billion in net lending from January to the... Read more
Posted on 07 September 2015 DEBATE -
Deadweight Loss of Excess Inequality.
Fair economic system=fair distribution of the factors of production=aligned incentives=optimal economic efficiency For the above to be true, a deadweight loss... Read more
Posted on 05 September 2015 DEBATE -
The End of Working Tax Credits.
From the BBC: ... the income threshold for tax credits is to be reduced from £6,420 to £3,850. So, from April 2016, anyone earning more than... Read more
Posted on 05 September 2015 DEBATE -
Pretty Girl, Not Too Bright
From the Guardian Emily Ratajkowski, the model and actor who became famous after starring in the video for Robin Thicke and Pharrell Williams’s controversial hi... Read more
Posted on 05 September 2015 DEBATE -
There's a First and Last Time for Everything.
I found myself in agreement with Richard Littlejohn. Weird feeling, but there you go. This child's death was tragic but it was not our fault The father told... Read more
Posted on 04 September 2015 DEBATE -
"Drug Deaths in England and Wales Reach Record Levels"
Shock horror from the BBC: More than 3,300 people died from drug poisoning in 2014 in England and Wales, the highest figure since modern records began in 1993,... Read more
Posted on 04 September 2015 DEBATE -
Reader's Letter Of The Day
From The Evening Standard. The letter won't be viewable online for a couple of days, because for some reason it is updated two days in arrears, go figure, but... Read more
Posted on 03 September 2015 DEBATE