Utopia, you are standing in it!

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

Originally posted on BBC Watch:
As has been noted here on countless occasions in the past, the BBC regularly breaches its own editorial guidelines on impartiality through the use of a standard insert which tells readers of its reports that: “[t]he settlements are considered illegal under international law, though Israel disputes this.” “Though that mantra…

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Originally posted on BBC Watch:
For years visitors to the BBC News website have regularly come across claims concerning ‘international law’ in the corporation’s Israel-related content. For example:   “The settlements are considered illegal under international law, though Israel disputes this.” Or: “More than 600,000 Jews live in about 140 settlements built since Israel’s 1967…

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Originally posted on Mostly Economics:
Reserve Bank of Australia conducted a conference in April 2018 titled : Central Bank Frameworks: Evolution or Revolution? the central bank has uploaded the papers discussed in the conference and they look fairly interesting reading. There are seperate papers on Inflation targeting in Australia (which completed 25 years of IT), New…

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“An Asian-American applicant with 25% chance of admission . . . would have a 35% chance if he were white, 75% if he were Hispanic, and 95% chance if he were African-American.” JONATHAN TURLEY  Many academics have been been following the long-running litigation over Harvard’s admissions criteria. The University has steadfastly resisted efforts to review …

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Originally posted on Point of Order:
It’s been a field day for  political  commentators, and  cartoonists,  as  Winston  Peters  fulfils a lifetime  dream  and steps  up to the  role of Prime Minister  (even if it  is only for  six  weeks). And the country  awaits just which one of the  many  politicians who have inhabited  the…

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Originally posted on STOP THESE THINGS:
Dictating when and if power consumers get electricity was once the preserve of communist dictatorships (think the USSR, North Korea and Cuba). Thanks to a maniacal obsession with intermittent wind and solar, Australia now sits comfortably in the same dismal ranks. No longer can industrial users expect to have…

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Originally posted on Knowledge Problem:
https://www.facebook.com/CPCMP/videos/vb.181913810273/10160362413965274/?type=3&theater Understanding the economy as a dynamic, complex system relies on the foundational work of several economists, including Adam Smith (of course) and Ronald Coase. As Coase observed in his 1991 Nobel Prize address, What I have done is to show the importance for the working of the economic system…

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