Back in the mists of time, I was a taxi licenser. We noticed that there was a small number of taxi drivers who stuck at it a full 8 to 10 hours a day, rain or shine, come what may, whereas most drivers would drive until they'd made a target, then go home, whether that be 10am or 10pm. The first group made more money, even accounting for the days they drove around for ten hours empty. They usually then got out of the taxi biz and did what they wanted to do that they could now afford, while everybody else was slogging around driving taxis until they drove into a coffin.
The one thing you can’t deny is that the great utility of Richard Murphy and his economic musings is to provide an endless supply of material for your columns!
I think you mention him more often than sound thinkers such as Hayek.
Back in the mists of time, I was a taxi licenser. We noticed that there was a small number of taxi drivers who stuck at it a full 8 to 10 hours a day, rain or shine, come what may, whereas most drivers would drive until they'd made a target, then go home, whether that be 10am or 10pm. The first group made more money, even accounting for the days they drove around for ten hours empty. They usually then got out of the taxi biz and did what they wanted to do that they could now afford, while everybody else was slogging around driving taxis until they drove into a coffin.
The major problem with his thinking is that we dont all work so the state can extort most of it and go on a spending splurge.
The one thing you can’t deny is that the great utility of Richard Murphy and his economic musings is to provide an endless supply of material for your columns!
I think you mention him more often than sound thinkers such as Hayek.