Freelance classical liberal around and about. Substack at substack.com/@timworstall

Joined October 2009
1,773 Photos and videos
Ex-Cabinet Minister makes this statement "you now operate a near monopoly alongside @O2 and @Vodafone" Three companies in the space is a monopoly. Anyone care to guess why the country's fucked?
You don’t need to look into this further. I’ve spoken to your teams and you now operate a near monopoly alongside @O2 and @Vodafone so you have no incentive to improve. You are effectively just a rentier company on the back of the British people.
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Fairly low bar here: "it will be one of the most popular things the government is doing"
You’re going to see a lot in your X timeline about how the social media ban is unworkable and illiberal - and it will be one the most obvious examples of how social media skews debate. But it will be one of the most popular things the government is doing theguardian.com/uk-news/2026…
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This demand arrives as Ms. Pelosi retires. Odd, that.
It's time for us to ban stock trading for all members of Congress, for the vice president, and for the president. Period.
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Yes, very good. You are responsible, in law, for things that happen by mistake when you go out and break the law. Just are. The other three were damn lucky they didn't get charged with joint enterprise like Derek Bentley.
If you're under the impression Filton activists attacked & smashed the spine of a policewoman with a sledgehammer, you've been thoroughly misled by the media you're reading. Perhaps ask yourself how many other lies you've been fed? For balance maybe follow @declassifiedUK etc
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If someone wandering around Batley in desert dress it's "What a twat". If it's the laddie who fled Iran after being jailed for translating me it's "My mate, that is". You know, just like any other group of humans. Specifics matter.
Be honest: as a non-Muslim, when you see a Muslim, what comes to your mind first?
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'Arry's just so great. So, we're going to abandon loadsa farmland in order to rewild. At the same time we're going to produce enough food to feed all the hungry. Hmm.....
🌱 Re-wild the planet 🌾 Feed the Hungry 💦 Clean water for all
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Ah. So progressive capitalism is the usual blather then. Ho Hum.
Wes Streeting: This is what progressive capitalism should look like ft.trib.al/ekBgoq6 | opinion
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Tim Worstall retweeted
It is literally insane simultaneously to think that 16 and 17 year olds are mature enough to vote but not mature enough to look at Instagram at 8:30pm. This is comically absurd.
🚨 NEW: Keir Starmer will introduce nightly social media curfews for 16 and 17-year-olds as part of the Government's social media ban [@thetimes]
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Ah, but you see, that's the claim being made by varied shrieking. Without any proof of the contention and without a lot of other people agreeing or, indeed, giving a damn.
Replying to @afneil
A) as we’ve discussed before, you don’t need to quote tweet. B) You know as well as I do that extraordinarily concentrated wealth makes a difference to the lives of everyone in a democracy.
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Tim Worstall retweeted
America- "We're building rockets that can take people to Mars". UK - "We're going to make people turn off their towel rails".
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Well, yes, obviously. That first company started with, what, two other people? en.wikipedia.org/wiki/Zip2
Musk strikes me as the sort of man who is completely incompetent on his own and needs others to thrive. There’s nothing wrong with that. But if wealth is not shared equally it stops being cooperation and becomes exploitation. That’s the irony of him becoming a trillionaire.
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Joyously, no billionaire does any of those things. So they're not arguments against the existence of billionaires, are they?
Would it be good for the world for one man to own a million homes all for himself? No. Would it be good for the world for one man to buy tonnes and tonnes of food, far more than one man could ever eat? No. Would it be good for society for one man to buy up all the medicine and keep it for himself? No. Billionaires are not good for society. Trillionaires are not good for society.
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Tim Worstall retweeted
Replying to @mr_james_c
You don’t understand. If we funded defence we might have to give slightly fewer free cars to people who say their kids can’t concentrate. You see the problem.
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Snigger. "Should" isn't how tax systems work. What *do* people actually do?
The 50 richest families own more wealth than 34 million people. A handful have everything. Millions are struggling. End Rip Off Britain. Wealth tax. Now.
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Because it's a shite idea, Matey. As anyone who read any of the work on optimal taxation would know. Why would you want to turn societal capital into income the pollies can then piss up the wall?
Why does The Economist hate wealth taxes?
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A loan against an asset is not income. Do you say that folk who remortgage their house have gained income?
He can borrow against it at low interest rates, giving him income that isn’t taxable.
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Jeebus. Govt invested in Nasa (and the Soviets in the equivalent) for decades. Elon beat them all. The specific example used shows that R is correct.
This the basic difference. Republicans believe that that if you let the wealthy spend capital it will make Americans prosperous. Democrats believe that the federal government investing in the healthcare & education of our people will make America prosperous & productive.
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An oddity about Brits. Perhaps more English, those I know better. Celebrating difference isn't quite us, no. Putting up with, tolerating, leaving be, yes, that is us. More than all the places in foreign I've experience of (and that's a lot). Tolerance, yes, the English virtue.
Reform want to take us to a grim place. They've been in their right wing echo chamber for far too long. The vast majority of people in this country don't denigrate difference - we celebrate it.
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The central claim is that if the rich don't get taxed then they might invest their money. An economist against investment is an odd thing.
In bookstores in the US on August 25. If ever there was a time to act, it is now
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