Too bad all those Aussie oil refineries had to close. The post Net Zero Just Cut Aussie Wheat Production by 50% appeared first on Watts Up With That?.
Net Zero Just Cut Aussie Wheat Production by 50%
Net Zero Just Cut Aussie Wheat Production by 50%
03 Jun 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia
Inclusion of UNDRIP in India FreeTrade Agreement
03 Jun 2026 Leave a comment
in constitutional political economy, economic history, economics of regulation, international economics, law and economics, politics - New Zealand, property rights Tags: constitutional law
Oral submissions to the Foreign Affairs, Defence and Trade Committee
Inclusion of UNDRIP in India FreeTrade Agreement
How the Nazis Justified Murdering Innocent Lives
03 Jun 2026 Leave a comment
in defence economics, economic history, economics of crime, law and economics, war and peace Tags: Nazi Germany, The Holocaust, World War II
The one thing that really intrigues me about the Holocaust and other horrific events throughout history is, how people justify killing and torturing fellow human beings. It will take an awful lot before I would hurt another human being, only when I would be physically threatened would I resort to physical defence. The Nazis didn’t […]
How the Nazis Justified Murdering Innocent Lives
Absurdity Alert: Writing About Germany’s Economic Decline Without Mentioning Green Energy Policies
02 Jun 2026 Leave a comment
in applied price theory, development economics, economic growth, economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming, income redistribution, industrial organisation, labour economics, macroeconomics, Public Choice, rentseeking Tags: Argentina, Germany
I was astounded in 2020 when I read an article in the New York Times about the economic catastrophe in Venezuela and there was not a single mention of socialism. And I was even more astounded in 2024 when the NYT published another article about Venezuela’s economic misery and once again didn’t mention socialism. Today’s […]
Absurdity Alert: Writing About Germany’s Economic Decline Without Mentioning Green Energy Policies
Lord Cooke’s Indictment
02 Jun 2026 Leave a comment
in constitutional political economy, law and economics, politics - New Zealand Tags: constitutional law
This column was first published in LawNews on 1 June 2026. It continues a series examining the Supreme Court’s departure from the constitutional limits of judicial power. * Roger Partridge writes – The debate about New Zealand’s Supreme Court has been framed as a question about the current court – its composition, its appointments, its judicial philosophy. This column […]
Lord Cooke’s Indictment
Jamieson Greer’s Ignorance of Economics and History Is Alarming
02 Jun 2026 Leave a comment
in applied price theory, Austrian economics, economic history, history of economic thought, industrial organisation, international economics, politics - USA, Public Choice, rentseeking, survivor principle Tags: free trade, tarrifs
TweetHere’s a letter to F&D Magazine, a publication of the IMF. Editor: U.S. Trade Representative Jamieson Greer wrote more than 2,100 words about trade yet managed to get correct approximately nothing (“Economics for the Real Economy,” June 2026). Just listing his errors would take nearly as many words, so I here address only one of…
Jamieson Greer’s Ignorance of Economics and History Is Alarming
Brazil’s Google News Case and the Art of Not Letting Go
01 Jun 2026 Leave a comment
in economic history, economics of regulation, law and economics, politics - USA Tags: competition law
Some legal cases age like wine. Others age like browser tabs left open too long. Brazil’s Google News inquiry belongs firmly in the latter category. On April 3, Brazil’s Administrative Council for Economic Defense (CADE) announced that its Tribunal had unanimously decided to send a seven-year-old administrative inquiry concerning Google’s use of journalistic content—whether for…
Brazil’s Google News Case and the Art of Not Letting Go
New Rule from Bill Maher: Let’s be Frank
31 May 2026 Leave a comment
in politics - USA, television, TV shows
Here’s the latest opinion/comedy bit from Friday’s Real Time show with Bill Maher, with the episode called “Let’s be frank.” Maher starts out by citing the recent Democratic Party Autopsy (here) about why the party lost the Presidency and Congress in 2024. But he then faults both parties for having politicians in office who won’t…
New Rule from Bill Maher: Let’s be Frank
Did incapacitation, deterrence, or rehabilitation reduce crime in Baltimore?
31 May 2026 Leave a comment
in applied price theory, economics of crime, law and economics, politics - USA
The Free Press: Bates, “a new tough-on-crime prosecutor, … replaced a scandal-plagued `progressive.’” ” Incapacitation (selection): sometimes referred to as “specific deterrence.” Bates said that his office has identified about about 6,000 frequent, violent offenders and put between 3,000 and 3,500 of them in prison. The cooperation of federal law enforcement has helped take a…
Did incapacitation, deterrence, or rehabilitation reduce crime in Baltimore?
Supply is elastic, installment #1637
31 May 2026 Leave a comment
in applied price theory, economics of crime, economics of regulation, health economics, law and economics, transport economics
With deadly precision, the Trump administration has launched dozens of attacks on small boats in the waters off South America, killing nearly 200 people in a campaign U.S. officials say is meant to curb the flow of illicit drugs to the United States. But almost nine months into the operation, epidemiologists, addiction scientists and public…
Supply is elastic, installment #1637
What do Muslim immigrants think?
31 May 2026 Leave a comment
in defence economics, economics of crime, economics of media and culture, economics of religion, law and economics, liberalism, politics, politics - Australia, politics - New Zealand, politics - USA Tags: economics of immigration
Tomas Pueyo has collated a huge amount of public opinion data from Muslims in Western countries. He finds: Depending on the country of origin and destination:~10-40% of Muslims are moderate & well integrated~20-50% are conservative, religious, pious~25% are fundamentalists~Of which 15% (pp) are radical Islamists Some findings in the US: He concludes: In summary, the…
What do Muslim immigrants think?
Eighty years after a famous math problem was posed, AI finally solved it
31 May 2026 Leave a comment
I don’t wholeheartedly embrace AI, for I think it will be the death of liberal education. In both the humanities and science, I fear that students will lose any ability they have to write, and will not improve their writing because they’ll be using bots. This will degrade their ability to communicate. (Scientists too need…
Eighty years after a famous math problem was posed, AI finally solved it
Bet On It Book Club: For a New Liberty, Chapter 14
30 May 2026 Leave a comment
in defence economics, economic history, liberalism, libertarianism, Murray Rothbard, war and peace
SummarySome libertarians argue that the implications of libertarianism for foreign policy are unclear. In this chapter, Rothbard argues that libertarianism implies strict “isolationism”:Pending the dissolution of States, libertarians desire to limit, to whittle down, the area of government power in all directions and as much as possible… In foreign affairs, the goal is the same:…
Bet On It Book Club: For a New Liberty, Chapter 14
How Much Has Shale Gas Saved U.S. Consumers?
30 May 2026 Leave a comment
in energy economics, politics - USA
It may seem like a distant memory now, but as of the mid-2000s, U.S. natural gas production had been flat for a decade, and the U.S. was importing liquefied natural gas (LNG), with plans to import much more. Then shale gas happened. Advances in hydraulic fracturing and horizontal drilling caused U.S. natural gas production to…
How Much Has Shale Gas Saved U.S. Consumers?
Absurd Cost Overruns Are a Bipartisan Problem
30 May 2026 Leave a comment
in applied price theory, economic history, industrial organisation, managerial economics, organisational economics, survivor principle, theory of the firm
Regarding the pervasive problem of cost overruns (defined as government programs and projects that wind up costing far more than initial estimates), I’ve always appreciated this image sent by a reader. It nicely captures a key reason for cost overruns, which is that there is no bottom-line incentive for bureaucrats and politicians to monitor costs. […]
Absurd Cost Overruns Are a Bipartisan Problem
Utopia, you are standing in it! 
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