Welcome to Matt Ridley's Blog

My Times column is on the World Health Organisation's odd priorities: its early complacency about ebola, while it attacks a new technology that saves the lives of smokers by getting them off tobacco, and obsesses about climate change:

Is there a connection between ebola and e-cigarettes?I don’t mean to imply that vaping has caused the epidemic in west Africa. But the World Health Organisation (WHO) now has serious questions to answer about its months of complacency over ebola. WHO’s director-general, Margaret Chan, made a speech only two weeks ago implying that tobacco control and the fight against e-cigarettes is a more important issue.

My Times column on the faling oil price:

So ingrained is the bad-news bias of the intelligentsia that the plummeting price of oil has mostly been discussed in terms of its negative effect on the budgets of oil producers, both countries and companies. We are allowed to rejoice only to the extent that we think it is a good thing that the Venezuelan, Russian and Iranian regimes are most at risk, which they are.

My Times column on Ebola:

It is not often I find myself agreeing with apocalyptic warnings, but the west African ebola epidemic deserves hyperbole right now.

My Times column on how banning neo-nicotinoid pesticides is proving counter-productive for bees:

The European Union’s addiction to the precautionary principle — which says in effect that the risks of new technologies must be measured against perfection, not against the risks of existing technologies — has caused many perverse policy decisions. It may now have produced a result that has proved so utterly foot-shooting, so swiftly, that even Eurocrats might notice the environmental disaster they have created.

My Times column on who started bitcoin and what it means:

Amid the hurly-burly of war, disease and politics, you might be forgiven for not paying much attention to bitcoin, the electronic form of money favoured by radical libertarians and drug dealers. Yet it is possible that when the history of these days comes to be written, bitcoin’s story will loom large. Unnoticed except by the tech-obsessed, the technology behind bitcoin may be slowly giving birth to a brave new world, with eventual implications well beyond money.

So argues a new book (Bitcoin: The Future of Money?) by the financial commentator and comedian Dominic Frisby. He makes the case that it is just possible that bitcoin and its rivals — known as altcoins — and the “blockchain” technology that lies behind them have the potential to spark a radical decentralisation of society itself. They could change the way governments finance themselves, make banks redundant and transform the ways companies are run. In the words of Jeff Garzik, a bitcoin developer, bitcoin could be “the biggest thing since the internet — a catalyst for change in all areas of our lives”.