Mark Wadsworth

Blog URL:http://markwadsworth.blogspot.com
Blog Tags:Land Value Tax, Cows, Humour, Statistics, Taxation, Economics, Libertarianism, Simplification
Country:United Kingdom
State/Province:London
Location:London

Economics and cow attacks.



Latest Blog Posts



From The Conversation:Soot, otherwise known as black carbon, is also made when burning dirty fuels, and emitted in large quantities from older cars.Why use an actual word that everybody understands when a made-up phrase will do, eh?------------------...

Somebody asked me recently whether this ratio still holds.The answer appears to be, yes, there is still a ratio but since 2005, it is closer to one-to-eight than one-to-ten. Maybe he was using different data sources? Maybe it's do with Help-to-Sell a...

I've been delving ever deeper into MMGW theories. Most of the common-or-garden ones are easily demolished*, their next line of argument is far more subtle and goes like this:In the layers so high and thin that much of the heat radiation from lower do...

From The Daily Mash:3am in the morning‘AM’ means ‘in the morning’, cockwad. Saying them both is like asking ‘would you like some gravy meat sauce on that chop’ or ‘are you seriously smoking a cannabis drugs spliff before work?’ For f*...

"Money" again

on Oct 19, 2020 in: money

From the comments to the previous post:Graeme: I knew this from A level economics in the 1980s. Money is a medium of exchange (1), a unit of account (2) and a store of value (3). Depending on the transaction, one of these things is more important tha...

From J W Mason's blog:In the quantity view, “money” is something special. The legal monopoly of governments on printing currency is very important, because that is money in a way that other assets aren’t. Credit created by banks is something di...

Timing wise, I think her left hand pigtail should have come up a fraction of a second earlier, at the same moment as her right hand pigtail, but hey."Hot!!" is the new "Skorchio!".