Daily Archives: February 9, 2017

McCloskey’s Dutch Problem: Capitalist Rhetoric and the Economic History of Holland

Mostly Economics

A nice paper reviewing Deridre McCloskey’s work on Dutch economic history. It is written by Prof. Michael Douma of Georgetown University.

One gets a good glimpse of differences between Dutch and Other Scholars on why Dutch made progress ahead of others:

Deirdre McCloskey argues that rhetoric and ideas were essential for the rise of capitalism in the Netherlands in the seventeenth century. Dutch scholars could benefit from McCloskey’s views on the topic, but they will be reluctant to engage her work because it is void of primary research and does not engage most major works in the relevant historiography. Indeed, McCloskey appears to mostly select older English-language works sympathetic to her thesis, but ignores competing views. Contemporary scholarship, in Dutch and in English, emphasizes the important role of institutions and government actors in early Dutch capitalism. This article aims to situate McCloskey’s work within this literature, with the hope for more…

View original post 6 more words


Why the ‘Transition’ to Wind & Solar is Nothing More than a Cruel Marketing Myth


sa-blackout-adelaide Adelaide’s wind power ‘transition’ in full swing: 28.9.16.


The propaganda wings of the wind and solar industry have a lot to answer for, not least repeated and violent abuses of the English language.

We are repeatedly beguiled by tales about our ‘transition’ to an all renewable future; and about how wind power is ‘free’ and getting cheaper all the time. However, the ‘transition’ is more like the path the perdition as power prices skyrocket driven there by colossal and seemingly endless renewable subsidies. Moreover, there is the not so minor issue of routine load shedding and blackouts, which has become part of the ordinary daily grind in Australia’s ‘wind power capital’, South Australia.

Then there are ripping little catchphrases such as “battery storage is improving all the time”. There is no such thing as the grid scale storage of electricity: no such system exists anywhere in the world, nor…

View original post 4,578 more words