Oh, Boy! – Buddy Holly & the Crickets on Ed Sullivan Show (1957)
22 Jun 2017 Leave a comment
in Music
Postscripts to the BBC’s coverage of the Jerusalem terror attack
22 Jun 2017 Leave a comment
in economics
As readers no doubt recall, the BBC’s report on the terror attack that took place in Jerusalem on June 16th failed to tell audiences that ISIS had claimed the attack or that Hamas had rejected that claim of responsibility, saying that one of the terrorists was its own operative and that the other two belonged to the PFLP.
“Early on Saturday morning, Hamas rejected IS’s claim of responsibility, saying the three belonged to Palestinian terrorist organizations.
“The claim by the Islamic State group is an attempt to muddy the waters,” said Sami Abou Zouhri, spokesman for the terrorist group which runs the Gaza strip.
The attack was carried out by “two Palestinians from the Popular Front for the Liberation of Palestine and a third from Hamas,” he said.”
Moreover, in the final version of the BBC’s report readers found the following distorted portrayal of a statement from Israeli officials…
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Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia
22 Jun 2017 Leave a comment
in economics
The only businesses which are bouncing along in South Australia are those selling portable diesel generators, candles and LED headlamps.
The sort of staple items you might find on a Doomsday Prepper’s list. However, in Australia’s so-called wind power capital, BYO and DIY power and lighting are everyday essentials.
SA’s vapid Premier, Jay Weatherill pretends that he has everything under control. Australia’s Energy Market Operator clearly thinks otherwise.
AEMO warns of more blackouts
The Australian Financial Review
Mark Ludlow and Angela MacDonald-Smith
15 June 2017
Australia is at risk of more blackouts next summer despite new initiatives from energy regulators and governments, according to forecasts from the Australian Energy Market Operator.
The AEMO report to be released on Thursday also warns the looming gas shortage – which resulted in Prime Minister Malcolm Turnbull declaring an “energy crisis” – could still occur if too much gas was exported overseas.
With federal…
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Faces of $15: Seattle Subway Slashes Staff
22 Jun 2017 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, labour economics, minimum wage Tags: offsetting behaviour
Renewables Devilish Details
22 Jun 2017 Leave a comment
in economics

Matthew E. Kahn , Professor of Economics at USC provided this insightful post:
What Does Energy Economics Teach Us About a Zero Carbon Electricity Grid by the year 2050?
Energy engineers are having an interesting fight over whether the US electricity grid can “easily” be 100% renewables (and thus create 0 GHG emissions) in the next 30 years. A prominent Stanford Engineer and his team says “yes” while some important critics say no. In Today’s NY Times (“Economics Scene”) Eduardo Porter sides with the critics. The interesting thing here is that no empirical microeconomists who study energy are part of either research team or are quoted in the NY Times. Yet, at the end of the day — this is a microeconomics issue.
Here are some of the key issues that both the original study and the critique ignore;
1. The land markets?
It would be terrific if wind…
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The origin and migration of domestic cats: a genetic study
22 Jun 2017 Leave a comment
in economics
I think about fifty people sent me articles about a new genetic study of domestic cats and their ancestor, Felis silvestris—an analysis published in a paper in Nature Ecology & Evolution by Claudio Ottoni et al. Thanks to all for calling this to my attention, as it combines two of my favorite subjects, cats and genetics; but excuse me if I can’t thank you all by name.
The reference and free link to the paper (if you have “Unpaywall”) is at the bottom, as well as a link to the study’s supplementary material. The paper was also summarized in articles in The Guardian and in a Nature News and Views piece, and got tons of attention in the press because, well, cats.
In truth, the results can be summarized briefly; they’re a bit surprising but not earthshaking. First, if you want a video presentation and don’t want…
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Volcano eruptions triggered mass extinction before the age of dinosaurs 200 million years ago
22 Jun 2017 Leave a comment
in economics

Is there a contradiction in this IB Times report? First it says volcanism causes cooling, then we’re told the resulting volcanic CO2 could have caused warming.
High concentration of mercury identified in ancient sediments suggest that large-scale episodes of volcanism coincided with the end-Triassic mass extinction around 201 million years ago.
It is likely that these huge pulses of volcanic activity led to great environmental perturbations, leading to the extinction of many species living on Earth at the time and setting the scene for the dawn of the dinosaurs.
Previous studies had already shown that volcanic activity was happening around the time of the extinction and there was some evidence for an increase in the concentration of carbon dioxide (CO2) in the atmosphere.
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Kevin Rudd claimed 60% emissions cut will only cost $1.00 per year per person?!
22 Jun 2017 Leave a comment
in applied welfare economics, energy economics, environmental economics, global warming Tags: carbon tax, climate alarmists, expressive voting
Trying to eat healthy is a struggle even for fluffy white pussycats
22 Jun 2017 Leave a comment
in cats, health economics

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