worstall.bsky.social
@worstall.bsky.social
Investing pensions in council houses.....https://timworstall.substack.com/p/lets-invest-pensions-in-council-houses
December 17, 2025 at 9:31 AM
Steve Keen Doesn't Get Marshall
open.substack.com/pub/timworst...
June 24, 2025 at 8:35 AM
Real world income is now defined as unrealised capital gains. That's lunatic, obviously. Under that definition Elon lost $30 billion a couple of weeks back. Hell of a tax rebate then, eh?
Taking a short break from non-stop crises to read this new-ish paper from Liscow & Fox, and it is EXCELLENT.

For the very, very, very rich (the top 0.1% of wealth-holders, those with ~$62 M and up), roughly HALF of their real-world income escapes taxation under the current tax code. That's wild.
Accounting for unrealized gains, income taxes are progressive below the 99.9th percentile, but are not progressive above that. Overall, accounting for unrealized gains makes the income tax look less progressive.
June 11, 2025 at 8:05 AM
The Guardian's Lying - Wealth Inequality Is Not Rising
open.substack.com/pub/timworst...
May 28, 2025 at 8:13 AM
We've Just Spent A Century Denying Wimmins' Monthlies
open.substack.com/pub/timworst...
May 27, 2025 at 8:23 AM
Resolved: Angela Rayner Is An Idiot
open.substack.com/pub/timworst...
May 26, 2025 at 8:11 AM
So, Abolish The Universities Then
open.substack.com/pub/timworst...
May 23, 2025 at 8:38 AM
US Credit Rating Kills Trump's Plans!
open.substack.com/pub/timworst...
May 22, 2025 at 8:12 AM
"Most Americans Don't Earn Enough To Afford Basic Costs Of Living"
open.substack.com/pub/timworst...
"Most Americans Don't Earn Enough To Afford Basic Costs Of Living"
Ignorant tossery of course but popular all the same
open.substack.com
May 21, 2025 at 8:08 AM
We're Ruled By Ignorant Incompetents: Part XVIII
open.substack.com/pub/timworst...
April 15, 2025 at 8:12 AM
Britain's Railways Aren't Expensive You Know. No, Really
open.substack.com/pub/timworst...
March 7, 2025 at 9:08 AM
March 6, 2025 at 9:04 AM
Wages Have Flatlined Since The Climate Change Act Passed
open.substack.com/pub/timworst...
March 5, 2025 at 9:31 AM
Climate Change Is Caused By Us, Not Oil Companies
open.substack.com/pub/timworst...
March 3, 2025 at 10:22 AM
Catching Up With Il Papa
open.substack.com/pub/timworst...
February 17, 2025 at 9:25 AM
So, Stop Scaring The Shit Out Of The Kids
open.substack.com/pub/timworst...
February 10, 2025 at 9:11 AM
Ah, Yes, Fuckwits - But That's Bristol For You
open.substack.com/pub/timworst...
February 5, 2025 at 9:16 AM
Visibly Doctrinal, Chapter 22
open.substack.com/pub/timworst...
February 5, 2025 at 9:10 AM
Yes, More Idiocy From The Food Tsar
open.substack.com/pub/timworst...
February 4, 2025 at 10:17 AM
Visibly Doctrinal, Chapter 21
open.substack.com/pub/timworst...
February 4, 2025 at 10:16 AM
Visibly Doctrinal, Chapter 20
open.substack.com/pub/timworst...
February 3, 2025 at 9:23 AM
Solving Britain's Stagnant Economy
open.substack.com/pub/timworst...
January 31, 2025 at 9:26 AM
Visibly Doctrinal, Chapter 19
open.substack.com/pub/timworst...
January 31, 2025 at 9:18 AM
Excellent! Now We Cut The Workers' Pay!
open.substack.com/pub/timworst...
January 30, 2025 at 9:10 AM
Visibly Doctrinal, Chapter 18
open.substack.com/pub/timworst...
January 30, 2025 at 9:09 AM