Wednesday, 15 June 2022

Adam Smith's invisible dead man's handle...


Workers : I'm not paid enough to live on.

Tories : Its a free market.  You're free not to work or to leave for another job.  That's the market correcting itself via Adam Smith's invisible hand where self interest invisibly corrects inequalities in the economy raising living standards for everybody.

Workers : Okay, I'm withdrawing my labour to create more demand by going on strike.

Tories: You're destroying the economy and dragging us back to the 1970s!  We're going to to make striking illegal... etc

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Misleading Statistic of the Day

It's hard to keep up with all the whoppers in the world today but I particularly enjoyed this one from Liz Truss.  Here Mr Sentance is s...

Least ignored nonsense this month...