Timmy elsewhereSeptember 29, 2013 Tim WorstallTimmy Elsewhere1 CommentAt the ASI. The Guardian put a “but” where there should be a “because”. previousYou’re not talking about democracy here mateynextTwo ways to look at this Golden Dawn thing 1 thought on “Timmy elsewhere” Ironman September 29, 2013 at 11:52 am Yeah, totally agree with your conclusion about the English Lit graduates at the Guardian who have completely fucked their analysis again. However, I have a more fundamental objection: what do they mean by “Black Economy”? Is it ‘informal’, ‘criminal’, what? Do they know? Have they even thought about it? Second, the Guardian report on the report implies that we are talking about absolute levels, but I cannot be certain. If so, then how bloody obvious; Western European economies are much bigger than African. If, however, they mean relative levels, then that just doesn’t make sense. There is no way the informal economy in a mature Western nation is bigger relative to the overall economy than the informal economy of a developing, maturing African economy. And in Africa the informal economy simply doesn’t equate to tax evasion; it can’t. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.