Courses

Tim Worstall

Senior Fellow

Adam Smith Institute

Tim Worstall is the author of Chasing Rainbows: Economic Myths, Environmental Facts. He blogs at TimWorstall.com, the Adam Smith Institute blog and at Forbes. He has written for The Times, Daily Telegraph, Express, Independent, City AM, Wall Street Journal, Philadelphia Inquirer and online for the Social Affairs Unit, Spectator, The Guardian, The Register and Techcentralstation. He’s also ghosted pieces for several UK politicians in many of the UK papers, including the Daily Sport. On top of that, he is, strangely, one of the world experts on the rare earth material Scandium.

Blog Posts

It’s never worth playing the Olympic game

March 22, 2017
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Basic Economics

Budapest has done the sensible thing and withdrawn from the competition to host the 2024 Summer Olympics. Finally a refutation of the standard point about economists – that the more united their view on a subject the less attention anyone else pays to them. For the truth about the Olympics is that they are a potential financial disaster which no sensible person would wish to host or subsidize. No, really, 85 per cent of surveyed economists think that subsidies to professional sports teams should cease – and Olympic athletes these days are professional. All that guff about the games