1. In the long run, business rates depress rents. A business rate cut will increase rent. The benefit will go to landlords.
2. A business rate cut for small business is bad policy. It distorts decisions, will incentivise small businesses to stay small, and -> avoidance/evasion
I had no idea there was a British Isles-equivalent of Northern France's Mont Saint Michel. I'm very surprised it's both a near-shore semi-island and using the English version of the name. Very interesting.
@edmundharbord One weird aspect of online discourse is Americans take things weirdly seriously and so the whole debate gets coloured with genuinely extreme yank oddness, rather than the boring tedium of sensible British practices.
Calling all YIMBYs.
We need you.
Please respond to the East West Rail Consultation (link in next post).
If you don't respond to it, you don't get to complain about things not happening.
OK, I admit complete defeat here.
I tried to invent the most ridiculous possible version of anti-AI purity politics: ban copy-paste and retype citations by hand. But apparently every reductio of academic gatekeeping is just someone's preferred pedagogy lol.
That's an interesting political-economy observation. Alexander Hamilton wanted government debt in part to create a politically powerful class that would precommit the government to repay its debts. Things have changed.
We see here an example of what @jo3hill calls 'everythingism' or @ezraklein 'everything-bagel liberalism' – nice-sounding obligations have been piled on housebuilders until the accumulated weight has crushed the sector, resulting in rising homelessness and housing poverty.
Vaguely apropos: but if you set up a greenfield project properly and work with AI, you can be insanely productive in terms of adding new features and maintaining things; and the limiting factor becomes demand for new features.
As well as being aesthetically revolting, pointless stinginess in the public realm (of which not providing the PM with lavish kitchen staff and free meals) is culturally of a piece with everything else that’s gone wrong with Britain as a country.
Each Tory PM from the Fourteen Years bar Sunak can make a serious case for being the worst PM in British history (well, probably second-worst, after Chamberlain).
I can't pretend to understand this but God is obviously here on Earth vividly hallucinating that He is you but He only starts to realize who He is when He gets really good at being you and that sometimes takes a lot of deaths and respawns
The universe is kind of a roguelite