The state of the new teams (part 1)

As I mentioned a couple of days ago, Ferrari have raised eyebrows by choosing to speak the truth about the new teams in Formula 1: This is the outcome: two teams will limp into the start of the championship, a third is being pushed into the ring by an invisible hand – you can be […]

The watering down of Formula 1

This week Ferrari caused a ripple when it published a provocative article on its blog, The Horse Whisperer. The final paragraph is worth quoting in full, not only because it makes an interesting point, but because it elegantly quotes Adam Smith. (Motorsport, economics and my home town of Kirkcaldy all in one little paragraph!) This […]

General election night: the distasteful sport of politics

I see there has been a frisson of activity over the suggestion that some councils are looking to hold their counts on a Friday rather than the traditional Thursday night / Friday morning when the General Election comes round. The Sunday Times has reported that the BBC believes that up to a quarter of councils […]

The failing economy of Kirkcaldy

It was revealed yesterday that Gordon Brown will spend part of his summer doing voluntary work in Kirkcaldy, the town where he grew up which forms the major part of his constituency of Kirkcaldy and Cowdenbeath. It is also my home town. Some uncharitable people have suggested that his job may involve digging holes, something […]

DK misses the point

I really don’t want this debate between me and DK to go on and on ad infinitum, so I’ll keep this short. DK has responded to my post yesterday. He says I’m missing the point. But I fear it is infact DK who is missing the point. But I’ll go through his points in the […]

Ukip libertarian? I think not

One of the most interesting things about libertarians is how quickly their devotion to free markets and capitalism disappear so quickly as soon as it involves those dirty foreigners getting a piece of the action. The Devil’s Kitchen likes to describe himself as a libertarian (as he did in a self-congratulatory post today) and makes […]

Jennie Lee College?

Students don’t seem to be too happy about the new name for the merged Fife and Glenrothes colleges, Adam Smith College (irony alert: you can’t study Economics there). In what may be a unique move the Students Association will not be named after the college. Instead the economist’s name has been binned in favour of […]