The law school at the U of C bans devices in the classroom

Speaking of AI, I wish the rest of the University of Chicago would adhere to our Law School’s new dictum, reported in the article below from WGN9 (click to read): An excerpt: Some students at the University of Chicago will have to learn how to do their work the old fashioned way, without their phones…

The law school at the U of C bans devices in the classroom

Entryism: The Subversion of Political Parties from Within

Entryism is objectionable not because it advances left-wing or right-wing ideas, but because it seeks political power under a partially false identity. Instead of openly forming a party, presenting a programme and asking voters to support it, entryists join a larger established party and attempt to redirect or capture it from within. Political parties must, […]

Entryism: The Subversion of Political Parties from Within

The common sense of Fareed Zakaria

This is one of the best Op-Eds you will read this year, though it deliberately deemphasizes the personal (no one is attacked) in a manner that will result in less attention.  Better to write the truth!  Excerpt: Why has this [voter discontent} happened? Some of it is economic. Expensive housing, stagnant incomes and widening inequality have fueled public…

The common sense of Fareed Zakaria

A populist ACT

There is insufficient support for neoliberal economic policies so political parties of the hard right are adopting populist causes. To succeed the neoliberal revolution of Roger Douglas and Ruth Richardson had to change the culture of New Zealanders from their belief that the government was usually the solution to a problem to a society which […]

A populist ACT

Is Britain’s New Energy Secretary Even Crazier than Mad Ed?

Energy secretary Miatta Fahnbulleh wants full Net Zero by 2030. The post Is Britain’s New Energy Secretary Even Crazier than Mad Ed? appeared first on Watts Up With That?.

Is Britain’s New Energy Secretary Even Crazier than Mad Ed?

The DSA and the Myth of Scandinavian Socialism

This week, Darializa Avila Chevalier was asked if there has ever been a “successful model of socialism anywhere in the…

The DSA and the Myth of Scandinavian Socialism

Goldman’s Demand for “One Case” of Immigration Obstruction Fails Spectacularly When DHS Offers 7,000 in New York Alone

An over-30-point primary loss would ordinarily produce a degree of introspection and self-reflection in a politician. Indeed, even such a…

Goldman’s Demand for “One Case” of Immigration Obstruction Fails Spectacularly When DHS Offers 7,000 in New York Alone

The failure of the League of Nations.

The failure of the League of Nations is one of the most significant geopolitical collapses of the 20th century. Established after World War I to prevent another global conflict, it ultimately proved powerless against the rise of aggressive militarism in the 1930s. Historians generally attribute its collapse to four interconnected fatal flaws: Furthermore, other crucial […]

The failure of the League of Nations.

NZ First and the oil and gas ban

Audrey Young writes: The ban was not in the NZF coalition agreement with Labour. They could have simply refused to back it, and there would not have been the votes for it. But they decided to back it. That is a fact. The post NZ First and the oil and gas ban first appeared on…

NZ First and the oil and gas ban

Hipkins hypocrisy

Stuff reports: Labour leader Chris Hipkins wasn’t happy when new ACT Party candidate Paul Henry said he’d need to “shoot” Hipkins, during a game of “shoot, shag, marry”. His other options were Prime Minister Christopher Luxon and NZ First leader Winston Peters, who, given the options, he’d “shag”. Hipkins said Henry wasn’t a serious candidate. “New…

Hipkins hypocrisy

Occupational Licensing: US and International

The potential benefit of having the government require that certain jobs require an official license is quality control and protection. Personally, I rather like knowing that my nurse or doctor or dentist has gone through courses and training. The potential cost is that requirement to have a government license can become a way for those…

Occupational Licensing: US and International

Just fix industrial allocations

New Zealand’s Emissions Trading Scheme includes industrial allocations of carbon credits aimed at avoiding inefficient carbon leakage.But the formula is wrong. Imagine that you’re a domestic firm producing stuff that generates CO2 emissions. You correctly have to surrender NZU – one for each tonne of emissions. But if competitors in foreign markets do not face a…

Just fix industrial allocations

Cataloging Growth: A Re-Evaluation of 1900–1990

From Verónica Bäcker-Peral and Benjamin Wittenbrink of MIT: Measuring real GDP growth requires distinguishing changes in prices from changes in product quality and composition, yet systematic quality adjustment of price indexes is unavailable for much of the twentieth century. We construct a new quality-adjusted price index for U.S. consumer goods using 5.1 million product listings…

Cataloging Growth: A Re-Evaluation of 1900–1990

Let them build: electricity and datacentres edition

New Zealand’s electricity companies know how to stick a pipe into the ground in the Taupo Volcanic Zone and generate electricity. They’ve been doing it for decades, and there is enormous untapped potential. America’s hyperscalers are currently willing to pay a large premium for immediacy. They are sticking expensive off-grid generators beside datacentres that would have…

Let them build: electricity and datacentres edition

The Winner’s Curse: Behavioural Economics Anomalies Then and Now

Paul Krugman described behavioural economics as the most important innovation in the economics discipline for half a century.[1] Three decades ago, I reviewed The Winner’s Curse: Paradoxes and Anomalies of Economic Life by Richard Thaler which reported behaviour which appeared anomalous according to the economist’s standard model of ‘rational economic man’. Anomalies are at the heart of scientific […]

The Winner’s Curse: Behavioural Economics Anomalies Then and Now

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Uneasy Money

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James Bowden's Blog

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NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

STOP THESE THINGS

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Alt-M

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