Tag Archives: national insurance

Moral Hazard isn’t just for Poor People

What has amused me most about the financial crisis are the endless media interviews with “real” people (and the occasional self-confessed bludger auditioning for Shameless). Those chosen are more usually hardworking folk previously on average incomes who are claiming welfare for the first time in their lives and getting a rude shock at the paucity […]

If you tolerate this, your pension will be next.

Fan as I am of schlocky eighties sci-fi from my misspent youth (Predator: bestest filum EVAH!), I’ve been thinking recently of the Dolph Lundgren classic DARK ANGEL where a nine feet tall alien goes around pumping victims full of stolen heroin before harvesting the resultant endorphines with a spike for sale on the intergalactic drugs […]