Utopia, you are standing in it!

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

Originally posted on Core Economics:
Watching the discussion on my previous posts on FuelWatch, I can see that there are many myths being perpetuated. I thought I’d list them here. Myth No.1: The ACCC recommended a WA-style FuelWatch scheme. Not quite. The ACCC only investigated fully a WA-style FuelWatch scheme and explicitly did not analyse…

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Originally posted on STOP THESE THINGS:
In any bargain, those stumping up their own cash, tend to ask what they’re getting in return. When it comes to the billions in subsidies thrown at windmills and solar panels, the answer is: not much. Including domestic, rooftop solar annual subsidies to wind and solar add up to…

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Originally posted on Green Jihad:
Every year Earth Day brings out a variety of termites and this year is no different. Lo and behold the so-called Environmental Working Group publishes its fourteenth annual Dirty Dozen list describing which products in your local supermarket’s produce aisle are allegedly contaminated by pesticides. This being done in hopes…

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Originally posted on Righteous November:
A few weeks ago, I went to an interesting talk by Dr. Steve Hallett at Purdue’s Botany and Plant Pathology Department.  It was about how efficiency wasn’t going to save the planet, and he referred to the Jevons paradox/effect.  Basically, even though we would like to think that more efficient…

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Originally posted on Our Dinner Table:
I really enjoyed and highly recommend this EconTalk podcast with Ronald Coase. Coase explains why he wasn’t surprised it took 40 years for the FCC to adopt his recommendations to assign property rights to the airwaves: No [I wasn’t surprised], not after you’ve studied how things actually operate. It’s a surprise that…

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Originally posted on Our Dinner Table:
In his book The Big Questions, Steven Landsburg offers valuable advice (p. 235): Argue passionately for your beliefs; listen intently to your adversaries, and root for yourself to lose.  When you lose, you’ve learned something. Rooting for yourself to lose runs counter to your instincts.  I consider it a…

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Armen Alchian and George Stigler both argued that realised profits are the criterion by which the market process selects survivors: those who realise positive profits survive and will grow their market share; those who suffer losses will eventually disappear unless they improve themselves. The surviving media outlets will be those firms that anticipated or adapted …

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