Tag Archives: crime

States as coordination problems

Economist David Friedman’s theory about the size and shape of nations leads him to postulate that the increased importance of labour income–a result of the Industrial Revolution: one of the ironies of history is that greatly increased propensity to produce capital increases both the scale (through increased demand) and then the average income (through increased relative scarcity) […]

A Hot Time in the Cold Town Tonight

There has been a sixth night of rioting in Sweden’s capital, Stockholm, despite police reinforcements being deployed. Cars were set alight in poor suburbs inhabited largely by immigrants, although the unrest was reportedly not as serious as on previous nights. The rioting also spread outside the capital for the first time on Friday, with youths […]

The social consequences of theology

The BBC recently noted that interest rates on public debt in the Eurozone varied according to the religious majority of the population — Orthodox Greece had the highest interest rates, followed by the Catholic countries with the Protestant countries having the lowest. Interest rates being a measure of risk, this represented clear market judgements on […]

‘Dirty’ Protest

Naked Rambler Stephen Gough has walked free from prison after six years locked up for refusing to wear clothes. The 53-year-old said he was looking forward to seeing his children for the first time in years. A naked Mr Gough was spoken to by police as he was freed from Perth Prison, but was allowed […]

Power Dressing

SAN FRANCISCO _ Dressed in his trademark hoodie and jeans, Facebook Inc. co-founder Mark Zuckerberg kicked off a cross-country road show to pitch his company’s initial public stock offering. Hundreds of institutional investors stood in long lines Monday to pile into a ballroom at New York’s Sheraton Hotel to hear the billion-dollar pitch from the […]

Suffer the little children: the burden of culture

A description of what confronted a Commonwealth officer in the Northern Territory during the Pacific War (1941-5), when thousands of service personnel passed through the Northern Territory: … once you introduced a European or Asian father any child of that liaison had any rights as an Aboriginal extinguished at birth. They were not classed as […]

Dishonesty, looting and theft

This post is inspired by a comment of Dave Bath’s on DEM’s cartoon about the London riots. Dave said: Well, the looters of the City did worse damage, and government bent over backwards to (a) not remove moral hazard (b) not punish but pay to clean the mess. If the rioters were wearing white collars […]

Because responsible Mothers go out looting with their children…

Violence broke out in four English cities as rioting and disorder spread across London for a third night. Hundreds of people attacked and looted shops in Birmingham, Bristol, Liverpool and Nottingham in what police called “copycat criminal activity”. There were smaller disturbances in the Medway towns in Kent and also in Leeds. It comes as […]

Bizarre benefits fraud excuses revealed

Celebrity squares are: Top left: Jacquie Smith MP (Lab) – former Home Secretary who claimed her husband’s pay-per-view porn on expenses. [no action] Top right: David Laws MP (LibDem) – almost coalition Home Secretary until he admitted claiming for rent paid to his undeclared male partner. [suspended from Parliament for a week, under police investigation] […]

The Hat Trick

A man has been found guilty of murdering his first wife in a car fire and attempting to kill his second in another crash to get life assurance. Former nurse Malcolm Webster, 52, had denied murdering Claire Morris in an Aberdeenshire crash in 1994. Webster, of Surrey, also denied attempting to kill Felicity Drumm in […]