Dead Wrong™ with Johan Norberg – Rich is Green
25 Aug 2016 Leave a comment
in development economics, economic history, energy economics, environmental economics Tags: The Great Escape
The consequences of lifestyle taxes in Australia
24 Aug 2016 Leave a comment
in applied welfare economics, economics, economics of information, economics of regulation Tags: meddlesome preferences, nanny state
The Pogues & the Dubliners – Irish Rover (LIVE)
24 Aug 2016 Leave a comment
in economics, Music Tags: The Pogues
Douglas Adams and his laws of technology
24 Aug 2016 Leave a comment
in economic history, economics of media and culture, economics of religion, environmental economics, health economics
Milton Friedman Word of the Day: Augury
23 Aug 2016 Leave a comment
in economics
Augury – an event that is experienced as indicating important things to come; “he hoped it was an augury”; “it was a sign from God.”
From Milton’s Capitalism and Freedom:
As Adam Smith once said, “There is much ruin in a nation.” Our basic structure of values and the interwoven network of free institutions will withstand much. I believe that we shall be able to preserve and extend freedom despite the size of the military programs and despite the economic powers already concentrated in Washington. But we shall be able to do so only if we awake to the threat that w face, only if we persuade our fellow men that free institutions offer a surer, if perhaps at times a slower, route to the ends they seek than the coercive power of the state. The glimmerings of change that are already apparent in the intellectual climate are a hopeful
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Reagan: “We can have peace this second, if we surrender.”
23 Aug 2016 Leave a comment
in economics
This is the text of Ronald Reagan’s great speech.
“Let’s set the record straight. There is no argument over the choice between peace and war, but there is only one guaranteed way you can have peace–and you can have it in the next second–surrender.
Admittedly there is a risk in any course we follow other than this, but every lesson in history tells us that the greater risk lies in appeasement, and this is the specter our well-meaning liberal friends refuse to face–that their policy of accommodation is appeasement, and it gives no choice between peace and war, only between fight and surrender. If we continue to accommodate, continue to back and retreat, eventually we have to face the final demand–the ultimatum. And what then? When Nikita Khrushchev has told his people he knows what our answer will be? He has told them that we are retreating under the pressure…
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Utopia, you are standing in it! 
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