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Before foreigners pass the buck, new investment law will require a quality check

Point of Order

The bill stopping foreigners from buying houses in NZ has emerged from select  committee study with   significant   amendments.  Associate  Finance  Minister  David Parker   says the  new law will ensure the  market  for homes  is a  “NZ  market  not  an international  one”.  He  contends  Kiwis  should not be outbid by  “wealthier  foreign buyers”.

But the same bill now includes a move to encourage  “foreign direct  investment”  in forestry.   Forestry Minister Shane Jones says the legislation –  by bringing forestry rights into the overseas investment regime – will help promote high-quality foreign investment  which puts more emphasis on genuine benefits for New Zealanders.

So – foreign money  for  NZ homes  is  dirty but  foreign money for  NZ  trees is clean?

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No Way Back From RE Disaster: Energy Minister Abandons Australia’s Power Consumers

STOP THESE THINGS

What passes for political leadership in this country is engaged in a wind and solar-fuelled economic suicide mission. Subsidies to grid wrecking wind and solar (when soft loans, green schemes and taxpayer handouts are added) are pushing $5 billion a year, punishing households and businesses alike.

As wind and solar power capacity increases, power prices are rocketing out of control and major energy users are being chopped from the grid whenever the sun sets – killing solar – and sudden bursts of calm weather cause precipitous wind power output collapses.

And yet, Australia’s Energy Minister, Josh Frydenberg continues to act as if nothing’s wrong. Gormless doesn’t cover it.

Exasperation and desperation are giving way to anger and fury. As Alan Moran details below.

Energy policy, price escalation and the destruction of industry competitiveness
Catallaxy Files
Alan Moran
8 June 2018

For some in Australia, the renewable rich UK electricity market…

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agreement and disagreement with victor ray about conservatives in academia

orgtheory.net

Recently, my friend and colleague Victor Ray published a very interesting essay in Inside Higher Education. In it, he makes three claims about conservatives in academia:

  1. Demands for intellectual diversity are not made in good faith.
  2. Conservatives “dominate” higher education.
  3. There is no diversity within conservative thinking.

I agree with #1 but I think #2 and #3 are simply incorrect. Let’s start with agreement: There are exceptions, of course, but many people who claim to represent conservative view points are not really interested in genuine engagement. Probably the most obvious case are the types of people who invite Milo Yiannopolous, Ann Coulter and other conservative “performance artists” who come to college campuses. They’re shock jocks, not real intellectuals.

But on the other points, Victor is not quite right. To be fair to Victor, let me quote him directly: “The second false premise that promoters of so-called diversity of thought…

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Report: British Police Solve Just Four Percent Of Robberies and Three Percent Of Burglaries

JONATHAN TURLEY

Abbe-03According to The Sunday Times, shocking report shows that only four percent of robberies in England and Wales in 2017 were solved.  Only three percent of burglaries were solved. That is a dismal record and indicates that criminals can effectively act with impunity in victimizing citizens.

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ROBIN by Dave Itzkoff

Doc's Books

Image result for photo of Robin Williams in Good Morning Vietnam

(From the film “Good Morning Vietnam”)

For years I showed the Robin Williams’ film “Good Morning Vietnam” to my history classes.  The movie reflected Williams’ genius, empathy, and commentary pertaining to a conflict that tore America apart.  I introduced the film because I wanted students to get a feel for a different aspect of the war which the character of Adrian Cronauer apply portrayed. Williams’ is also known for many other ground breaking and important films that include, “Dead Poets’ Society,” “Good Will Hunting,” “The Fisher King,” and the cartoon voiceover of “Áladdin,” along with a number that did not achieve recognition, but reflected Williams’ many talents.  Williams was a multifaceted individual whose onstage comedic insanity expressed a certain poignancy when one got passed the mask that the comedian presented to his audiences.  When he died in 2014 a cultural void was created which may never again be filled.  Williams…

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The Globalists Have a Major Blind Spot

American Elephants

Here is Jonathan Haidt, talking on globalism and nationalism and why they are incompatible. There are some real problems with global thinking, and Haidt exposes them, one by one. We get remarkably confused as to what human nature is all about, and shifting psychology and changing generations and just where we get off track. It’s an interesting talk. Just slightly over 10 minutes. Big audience. April, 2018.

Jonathan Haidt is an American social psychologist and Professor of Ethical Leadership at New York University’s Stern School of Business. His academic specialization is the psychology of morality and the moral emotions. Haidt is the author of two books: The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom (2006) and The Righteous Mind: Why Good People are Divided by Politics and Religion (2012). He is also the founder of the Heterodox Academy to support viewpoint diversity in academia: https://heterodoxacademy.org/ In this talk from…

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Entrepreneurship, Growth, and Capital Gains Taxation

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International Liberty

I wrote last month about a new book from the Fraser Institute about demographics and entrepreneurship.

My contribution was a chapter about the impact of taxation, especially the capital gains tax.

At a panel in Washington, I had a chance to discuss my findings.

If you don’t want to watch an 11-minute video, my presentation can be boiled down to four main points.

1. Demographics is destiny – Other authors actually had the responsibility of explaining in the book about the importance of demographic change. But it never hurts to remind people that this is a profound and baked-in-the-cake ticking time bomb.

So I shared this chart with the audience and emphasized that a modest-sized welfare state may have been feasible in the past, but will be far more burdensome in the future for the simple reason that the ratio of taxpayers to tax-consumers is dramatically changing.

And…

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