
via BBC News – Viewpoint: Greece should default and abandon the euro.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Jan 2015 Leave a comment
in budget deficits, currency unions, development economics, economic growth, economic history, Euro crisis, fiscal policy, global financial crisis (GFC), growth disasters, law and economics, macroeconomics, poverty and inequality Tags: currency unions, Euroland, Greece, optimal currency area, sovereign default
27 Jan 2015 3 Comments
in economics
Merkel should not take any phone calls from the Greek government. Let them sink or swim in their own economic policies
If they default, they default and suffer the consequences of the default.
27 Jan 2015 Leave a comment
HT: https://twitter.com/FascinatingVids/status/551143576638595074?s=09
27 Jan 2015 Leave a comment
in economics of education, entrepreneurship, human capital, labour economics Tags: creativity, economics of personality traits, entrepreneurial alertness
27 Jan 2015 Leave a comment
27 Jan 2015 Leave a comment
in economics
I was floored by how much snow had already disappeared from the planet, not to mention how much was predicted to melt in my lifetime
Winter snow cover has soared to record levels over the past decade. As always, the New York Times is lying – and saying the exact opposite of the truth.
27 Jan 2015 Leave a comment
in economics of crime Tags: Darwin awards, dumbest criminals, mug shots
27 Jan 2015 Leave a comment
in environmental economics, politics - Australia, politics - New Zealand, politics - USA Tags: activists, climate ala, climate alarmism, do gooders, expressive voting, green rent seeking, rational ignorance, rational irrationality
An absolutely excellent collection of climate alarmist statements by hacks whose jobs depended on fermenting confusion and moral panic
Big Picture News, Informed Analysis
Five years ago, we were told that the 2009 Copenhagen climate summit was the last chance to save civilization. As the 2015 Paris summit approaches, the same sort of fear mongering is ramping up.
Earlier this week, a climate declaration published as a full-page ad in the international edition of New York Times tried to frighten us. It told us that:
the UN Climate Summit in Paris in December 2015 may be the last chance to agree a treaty capable of saving civilization; [bold added]
The declaration insisted that global warming may “cause the very fabric of civilization to crash.” It said charitable foundations should therefore divert resources away from other projects – presumably building hospitals and schools, preventing blindness and malaria, ensuring basic sanitation – in order to “save civilization” from the climate scourge.
Problem is, we’ve heard this before. Not so very long ago, the British Prime…
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