Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Originally posted on STOP THESE THINGS:
Pinning a massive blackout on plummeting wind power output is elementary, my dear Watson. **** STT could be forgiven for being just a little smug after events unfolded last Sunday night (1 November 2015) in Australia’s “Wind Farm Capital”, South Australia. As our post – Wind Power Disaster Unfolds:…

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Originally posted on longandvariable:
Last night I caught AC’s Radio 4 program on teaching economics after the financial crisis.  It’s a great story, well told.  But, it is just that.  In its totality, a distorting dramatisation, on account of allowing multiple silly, uninformed critiques to go unchallenged in the program.  Yet presented as a reasonable,…

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Veteran left-wing grumbler Max Rashbrooke yesterday argued for a wealth tax and inheritance taxes in New Zealand because of a widening wealth gap. He wants to tax inheritances of more than a mere $200,000 over your lifetime! Yeah, I mean, we really are an international outlier in the sense that we don’t really tax wealth …

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Originally posted on International Liberty:
The communist economic system was a total disaster, but it wasn’t because of excessive taxation. Communist countries generally didn’t even have tax systems. The real problem was that communism was based on central planning, which is the notion that supposedly wise bureaucrats and politicians could scientifically determine the allocation of…

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Labour yesterday announced an excellent policy on housing affordability. The reforms proposed by Labour stress increasing the supply of land and improvements to local government finances surrounding infrastructure investments for new housing: Labour will free up density and height controls to allow more medium density housing and reform the use of urban growth boundaries so …

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The Gender Pay Gap Widens as Women Get Promoted https://t.co/KtnTOHUODl pic.twitter.com/S3Pd3F6KBY — Harvard Business Review (@HarvardBiz) November 7, 2015 When the adjusted gender wage gap is less than 5% across all job titles, it rounds down to zero. It is not rational to expect statistical analysis to explain all 100% of the gender wage but …

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