The starting point is simple: every pound saved by one person must be matched by a financial liability somewhere else. This is not an economic theory. It is a fundamental principle of double-entry bookkeeping.

Cash savings are not wasted money, are they?

The post So, therefore…. first appeared on Tim Worstall.

For Black History Month, figures from the arts, culture and sport reveal the people and ideas that made them who they are today

So a whole month devoted to those of a specific tint. Well, OK:

According to the 2021/2022 census data, Black people make up approximately 3.7% of the total population of the United Kingdom (around 2.48 million people).

Breakdown by Region (2021/2022 Censuses)

• United Kingdom: 3.7%
• England: 4.2% (or 4.0% specifically in England and Wales combined)
• Scotland: 1.2%
• Wales: 0.8%
• Northern Ireland: 0.6%

Key Details

• Concentration: Almost 96% of Black Britons live in England, with nearly half (47.8%) of the total Black British population residing in Greater London

It’s really a London thing, isn’t it? But we’re all to be deluged, nationally, with it because the media thinks London is England.

BTW, the pop of London is some 13.5% such tint.

The post This is fun, no? first appeared on Tim Worstall.

She would sometimes help cast diverse models for brands, and the process could be painful. At one shoot for a magazine in Paris, a creative director asked her to cast models as though from a shopping list, she said: “It was like: one Black, one Asian, one old, one fat. You’re not casting these people because of who they are. You’re just trying to tick every box,” she said.

Imagine seeking personalities in clothing models……

And, of course, the selecting from the list is because the critics keep saying that you’ve got to have diversity therefore diverse becomes the list…..

The post Yes, yes, and? first appeared on Tim Worstall.

Last week, the chair of the Caribbean Community (Caricom) reparations commission, Hilary Beckles, emphasised that the absence of a dedicated official event did not mean reparations would remain peripheral. He described the gathering as “the Chogm of reparations” and the “first round of reparations negotiations”.

“This is the meeting of the Commonwealth in the Caribbean, and the number one item in the Caribbean as far as this gathering is concerned is reparatory justice,” Beckles said.

That’s what “reparatory justice” means here – gibs the money. Nowt else either.

Of course Our Andeh is playing along:

But facing a changing world together requires us to stand on firm foundations. To meet those challenges of the future, we need to face up to the past. For years, those members of the Commonwealth affected by the slave trade have asked for an honest conversation about the legacies of slavery. By sticking our heads in the sand, we have damaged the ability of the Commonwealth to function.

Having these difficult conversations to safeguard the Commonwealth for the future is the right thing to do. It is also the patriotic thing to do.

They’re going to end up giving in, aren’t they?

The post Gibs first appeared on Tim Worstall.

….a potential “Ministry of Sex”.

The opposition Strong Armenia Party promised earlier this year to establish a new government ministry to leave “no unsatisfied women” in the country. It claimed the policy was needed because sexual dissatisfaction had caused a rise in political activism by middle-aged white women.

Myself I think it’s the fallen birthrate. An absence of daughters in law to terrorise therefore they try it out on society as a whole. There I stand, can do no other.

The post It’s an interesting diagnosis first appeared on Tim Worstall.

It is undoubtedly too early to declare victory, but the recent electoral defeats of Viktor Orbán, Aleksandar Vučić and Flávio Bolsonaro make me wonder: is 2026 turning out to be the year democracy slowly, but surely, fought back?

Democracy is when the left win. Obviously. How could anyone doubt that?

The post Democracy means lefty first appeared on Tim Worstall.

As the allegations mount against Thomas Markle Sr, his daughter, the Duchess of Sussex, has released a statement describing her deep distress, and saying her priority is the protection of children. Is this the point at which Thomas Markle will cease to be an acceptable source for the Sussex character attacks that have become a tabloid staple? The Daily Mail and its sister paper, the Mail on Sunday, have been utterly brazen in their cultivation of the embittered Thomas Snr, using him as a weapon against his daughter since she first married into the royal family.

My first reaction is what in buggery’s The Guardian doing writing about these peeps?

The second is that I’ve been wracking my brains to think of why would anyone try to set up Markle Senior? Because that’s where I am with the whole saga. Not that I know anything at all about the allegations themselves. But I do just assume that anything to do with any of them is something being set up by ‘er for ‘er advantage. Which is indeed evil of me, to think so little – or, perhaps, so much – of someone but there we are.

And now I’ve got my explanation. If ‘ee’s trampled into the dirt then all the things ‘ee said about ‘er are invalidated. We now have our motive.

All of which is wildly untrue of course. But such is my view of the personalities involved that I’m willing to run with it. Something that could be a comment upon me, or them I guess.

The post Evil of me but…… first appeared on Tim Worstall.

A spokesperson for the party said: “As soon as we found out, we were shocked and disgusted and he ceased to be used by Reform.”

However, the episode raises questions about how a security operative facing a charge of serious sexual violence could have been put in a position of responsibility near a senior politician and members of the public.

Reform UK did not answer further questions about whether the party was continuing its relationship with the third-party contractor, and whether any action was taken against them.

A Labour spokesperson said: “Nigel Farage must urgently explain at what point Reform UK became aware that they allowed a man charged with rape to directly interact with the public on their behalf. They must also urgently make clear what action they have taken to prevent such a situation happening again.

Apparently someone must be fired if they’re charged. Which does make the trial itself, the determination of guilt, a bit of a waste of time, no?

The post Isn’t this just such fun? first appeared on Tim Worstall.

Binance, the world’s largest cryptocurrency exchange, has said it’s investigating reports of a potential $6.3bn security breach that analysts said could amount to the most significant incident relating to digital assets on record.

It wasn’t immediately clear the extent of the damage hackers might have been able to cause, and Binance did not explicitly confirmed that funds had been stolen. The company said its teams are “working around the clock” to resolve the issue.

Only a thought and wholly unrelated of course. But it’s long been a useful tactic to claim theft of funds that had already vanished to the bezzle…..

“Rest assured that user funds are completely safe,” a Binance spokesperson said in a statement.

Most comforting…..

The post Oh aye? first appeared on Tim Worstall.

Malm’s books have won international awards and inspired many to take action for environmental justice and Palestinian rights. How to Blow Up a Pipeline inspired a film of the same name. He has travelled regularly to Britain to lecture at universities including Oxford, King’s College London and Cambridge.

In one of his books he advocated war communism – his words – as a reaction to climate change.

Quite right to keep an idiot like that out of the country.

The post Andreas Malm banned first appeared on Tim Worstall.

Patrick Stewart, Star Trek actor and acclaimed thespian, dies aged 86

Vale etc.

But actor *and* accliamed thespian? A and t are direct synonyms, aren;t they? No difference even in the shade of meaning?

The post Eh? first appeared on Tim Worstall.

Might this be an aberration, or even an overreaction, and something that will reverse when US markets open properly later today? I have to acknowledge that could be the case.

On the other hand, another possibility is that markets are becoming very nervous about this scale of AI spending. That might be because they see this level of expenditure as entirely irrational when no one yet knows what the potential returns might be.

Share markets, being as they are, mere speculation in second hand pieces of paper, tell us nothing. Markets are irrational, see?

Also Spud: see, share prices prove me right!

The post Spudnomics first appeared on Tim Worstall.

The woman alleges Brand raped her at his north London townhouse, a few days after she had willingly engaged in a threesome with the star backstage at the Hammersmith Apollo venue in London.

Consent is consent etc.

The post Oh. Right. first appeared on Tim Worstall.

Russell Brand tells trial it was wrong to use fame to ‘facilitate’ sex with women

The way human beings work is that famous men get knee deep in klunge. So, we’re all supposed to not be human now, are we?

BTW, the people making the decisions on this are women – that’s what consent means. So who is to blame for this being true?

The post What’s the damn point then? first appeared on Tim Worstall.

These are the early stages of what we believe is poised to become a global movement against corporate and billionaire capture of our water, the land that grows our food, and the air we breathe.

At Climate Emergency Fund, we’ve put half our funding toward grassroots groups at the forefront of this fight, and we hope to scale that up before the year is out. We’re asking other funders to join us in this work, which at its core is meant to build thriving communities, not AI datacenters.

Not because data centres are in fact a problem. Nor because being able to stop data centres in countries where popular opinion matters will make any damn difference at all. But because data centres are the bonnetbee du jour among the trendy. Therefore all the money gets spent on being against them.

This only make sense through public choice economics – what’s good for the grant giving, donation raising, bureaucracy is the only motivation here.

The post Latest bandwaggon first appeared on Tim Worstall.

Diana Simpson, 35, a Stanford graduate who lives with her parents on Cambridge Street, is suing Westminster city council. She is applying for judicial review and potential damages on the grounds that when the embassy did belatedly seek planning permission for its change of use and flagpole, the local authority failed to take into account the impact on her mental health of the arrival next door of Montenegro, a country that has been involved in recent scrapes with Russia.

Planning p0ermission should now take account of the feelin’s of the crazed?

Simpson, the daughter of a former US diplomat who has lived on the street for more than three decades, is in receipt of disability benefits after being diagnosed with clinical anxiety, long Covid and a functional neurological disorder. So unsettling has the arrival of the embassy been to Simpson that her nights are regularly affected, she claims in her statement of grounds.

She alleges: “I frequently feel the need to sleep in an alternative to my lifelong bedroom, to gain some marginal relief; sometimes pre-emptively, sometimes in the middle of the night when I cannot reason with my activated primal ‘fear’ brain response (for example, upon hearing a creak, and immediately fearing an intruder accessing my room from the embassy, despite knowing the possibility is very slim and that this response is mostly irrational).”

They’ve a piccie of her. Would, nice bow windows. But having read, perhaps no, failing the hot/crazy interface a little too much?

The post Whut? first appeared on Tim Worstall.

It also reveals a fundamental misunderstanding of the relationships of power in the UK. If more than half our population struggle to afford the lifestyle which they are told by our advertising industry that they should aspire to, without any prospect of doing so, with the consequent resentment that follows from that, and at least 40% of our population struggle to simply make ends meet, the responsibility of any Chancellor is to these people above all else.

The advertisers depict an above average lifestyle.

How very dare they?

The post Outrage! Outrage! first appeared on Tim Worstall.

Taxing wealth must be framed positively as a seed investment in collective prosperity.

Oh. Right. So we’ll tax the capital off those who are, observably, good at capital allocation and give the money to government to piss up the wall on current spending. This will make us rcher.

The post From the Tax Justice people first appeared on Tim Worstall.

The chancellor will give £15m to a dedicated fund to tackle misogyny in workplaces, schools and public places amid concerns in government about the rise of “manosphere” influencers.

The women and equalities minister, Bridget Phillipson, will helm the UK-wide fund, announced last month, marking the first time there has been specific national cash to address misogyny.

For that’s all £15 million does do, hire a few Lanyards. Nothing will actually be done but Phillipson will have a slush fund to finance a few buddies and rightthinks. Job done.

The post They’ll hire 150 Lanyards first appeared on Tim Worstall.

The brothers moved from Florida to New York in 2008. Oren and Tal Alexander were star representatives at real estate firm Douglas Elliman, before forming their own brokerage, Official, which made hundreds of millions of dollars selling condos to wealthy and celebrity clientele.

Alon Alexander ran their family’s private security company, and was also deeply involved in their opulent lifestyle of superyachts, private jets, exotic overseas trips, and parties at waterfront mansions in Miami and elsewhere.

Their easy access to money and women, prosecutors said, allowed them to exploit their victims and lure them to parties or on luxury trips, during which the Alexanders would drug and rape them, either together or in the company of others.

Given that they were – given that lifestyle – already up to their hips in klunge why take that extra step to rape? Well, unless it was the act of rape itself which was the point of course. But, just, why?

The post But, umm, why? first appeared on Tim Worstall.