To find the volcano, researchers compared the chemistry of microscopic shards of ash extracted from ice cores drilled in Greenland with samples from the Zavaritskii caldera. They determined it was a perfect match.
‘Mystery Volcano’ that Lowered Global Temperatures Nearly 2 degrees Fahrenheit in 1831 Identified
‘Mystery Volcano’ that Lowered Global Temperatures Nearly 2 degrees Fahrenheit in 1831 Identified
21 Jan 2025 Leave a comment
in economic history, economics of natural disasters, energy economics, environmental economics, global warming Tags: volcanoes
In which I go on Piers Morgan Uncensored (sex and gender issues, of course), followed by a debate
21 Jan 2025 Leave a comment
in discrimination, gender, health economics, liberalism, Marxist economics, politics - USA Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
When I was invited to go on Piers Morgan Uncensored, I was deeply undecided. I knew Morgan was quite conservative and religious, and I’ve seen clips of him bullying his guests. So I had a back-and-forth with the producer, trying to discern what Morgan wanted to ask me about. I got a long list of […]
In which I go on Piers Morgan Uncensored (sex and gender issues, of course), followed by a debate
DON BRASH: Equality is not a dirty word
21 Jan 2025 Leave a comment
in discrimination, health economics, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law, racial discrimination
Surely, in a liberal democracy, there are few words more chilling to read written in earnest than the “flawed concept of ‘equality’”. But there they were, in print, in an opinion piece by the National Urban Māori Authority’s Lady Tureiti Moxon published in the NZ Herald on Tuesday last week. The Treaty Principles Bill has…
DON BRASH: Equality is not a dirty word
Good Riddance, Joe Biden
20 Jan 2025 Leave a comment
in applied price theory, budget deficits, economic growth, economic history, economics of regulation, energy economics, environmental economics, fiscal policy, global warming, industrial organisation, labour economics, macroeconomics, monetary economics, politics - USA, Public Choice, rentseeking, survivor principle Tags: 2024 presidential election, regressive left
This is the last full day of Joe Biden’s dismal presidency, so let’s do what we did with Justin Trudeau and reflect on his pathetic legacy. I’ve already provided my own economic assessment of Biden’s record, so now let’s review how he is seen by others. We’ll start with the American people. According to a […]
Good Riddance, Joe Biden
The global decline of the left
20 Jan 2025 Leave a comment
in politics - Australia, politics - New Zealand, politics - USA
An interesting chart from The Telegraph via Bryce Edwards. A definite trend since around 2012.
The global decline of the left
Was Germany Really Starved Into Surrender in WW1? (Documentary)
20 Jan 2025 Leave a comment
in defence economics, international economics, International law, laws of war, resource economics, transport economics, war and peace Tags: Germany, World War I
MICHAEL BASSETT: WAITANGI DAY LOOMS
20 Jan 2025 Leave a comment
Spare a thought for what our national day was meant to be, compared with what it has become. Before 1973 a small ceremony took place at Waitangi each 6 February to commemorate the signing of the Treaty. Only Northland had a holiday. Then Norman Kirk promised during the 1972 election campaign to establish a national…
MICHAEL BASSETT: WAITANGI DAY LOOMS
The impact of Fox News on American democracy
20 Jan 2025 Leave a comment
in applied price theory, econometerics, industrial organisation, politics - USA Tags: 2008 presidential election, 2012 presidential election, 2016 US presidential election, 2020 presidential election, 2024 presidential election, media bias
In yesterday’s post, I noted a number of opportunities for research on the economics of social media. At least one of those opportunities intersected with the impact of traditional media. So, I was interested to read this new article by Elliott Ash, Sergio Galletta, Matteo Pinna (all ETH Zurich), and Christopher Warshaw (George Washington University), published…
The impact of Fox News on American democracy
“Leading Legal Constitutional Scholars”: Biden Again Cites Liberal Professors for an Absurd Constitutional Claim
20 Jan 2025 Leave a comment
in law and economics, politics - USA Tags: constitutional law
In his final week as president, Joe Biden again invoked liberal professors to justify a plainly absurd constitutional argument by declaring that the 28th Amendment is now ratified. By invoking “leading legal constitutional scholars,” Biden only added redundancy to absurdity in claiming that the Equal Rights Amendment is now law. Unfortunately, this pattern has been […]
“Leading Legal Constitutional Scholars”: Biden Again Cites Liberal Professors for an Absurd Constitutional Claim
I See Dead Amendments: President Biden Issues Otherworldly ERA Declaration
19 Jan 2025 Leave a comment
in discrimination, gender, law and economics, liberalism, Marxist economics, politics - USA Tags: constitutional law, sex discrimination
Below is my column in Fox.com on President Joe Biden’s last-minute declaration that the 28th Amendment is now part of the United States Constitution. It appears that our president sees dead amendments, but that is not the greatest thing that should worry you. Here is the column:
I See Dead Amendments: President Biden Issues Otherworldly ERA Declaration
US Federal Reserve withdraws from global regulatory climate change group
19 Jan 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, macroeconomics, monetary economics, politics - USA
The Fed, which some claim is an unconstitutional body anyway, has noticed the US is changing its leader, so has performed a political manoeuvre by deciding that from now on ‘greening the financial system’ – whatever that means – is somebody else’s problem, officially at least. The decision follows on from various leading banks leaving […]
US Federal Reserve withdraws from global regulatory climate change group
Bill Maher’s latest monologue: the L.A. fires and progressive politics
19 Jan 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of natural disasters, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice Tags: climate alarmism
After a vacation hiatus, Bill Maher is back with a monologue called, “New rules: political firestorm.” Here he parses blame for the L.A. fires between unavoidable causes (no rain, lots of brush) and avoidable ones (blockheaded politicians). The latter, he says, involves cuts in the firse-department budget, stolen or nonfunctional hydrants, empty reservoirs, exposed power […]
Bill Maher’s latest monologue: the L.A. fires and progressive politics
No Tech Workers or No Tech Jobs?
19 Jan 2025 Leave a comment
in economics of education, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice
Several recent tweets(xeets) about tech talent re-ignited the conversation about native-born STEM workers and American policy. For the Very Online, Christmas 2024 was about the H-1B Elon tweets. Elon Musk implies that “elite” engineering talent cannot be found among Americans. Do Americans need to import talent? What would it take to home grow elite engineering […]
No Tech Workers or No Tech Jobs?
Quotation of the Day…
19 Jan 2025 Leave a comment
in Adam Smith, applied price theory, comparative institutional analysis, development economics, economic history, economics of love and marriage, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, property rights, unemployment
Tweet… is from page 53 of the late, great Harold Demsetz’s excellent 2008 book, From Economic Man to Economic System: Adam Smith and Thomas Malthus differed in their forecasts of mankind’s future. Smith (1776), in his Wealth of Nations, offered an optimistic view, basing this on his understanding of the new economic system that began…
Quotation of the Day…
Congestion charges work
19 Jan 2025 Leave a comment
in applied price theory, politics - USA, transport economics Tags: congestion charging, road pricing
Radio NZ reports: Traffic in Manhattan’s central business district fell by 7.5 percent last week and 273,000 fewer cars entered the borough’s central business district after the first congestion pricing fee in the US took effect on 5 January, New York City transit officials said on Monday. The fee was designed to reduce traffic and raise billions […]
Congestion charges work
Utopia, you are standing in it! 
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