Edward C. Prescott – money in the production function

BBC WS ‘OS’ presents an inverted portrayal of Gaza rocket attacks

BBC Watch

As we saw in a previous post, the lead item in the November 13th edition of the BBC World Service radio programme OS – formerly ‘Outside Source’ – was described in its synopsis thus:

“It’s the heaviest exchange of aerial fire between Israeli soldiers and Hamas militants since the full-blown conflict in 2014. The violence follows an Israeli special forces operation inside Gaza which went wrong late on Sunday, causing the deaths of Palestinian militants and an Israeli soldier. We hear from local people living in Gaza.”

After listeners had been given some bizarre and entirely one-sided ‘context’ to that story (with no mention whatsoever of the fact that Hamas has been attacking Israeli civilians with rockets and mortars for 17 years), presenter Ben James introduced (from 04:35 here) his first inadequately identified interviewee in what he had previously described as “your guide to the important stuff…

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Why incompetent people think they’re amazing – David Dunning

Note for @Ocasio2018 @SenSanders @jeremycorbyn

Dinosaur asteroid hit ‘worst possible place’ 

Tallbloke's Talkshop

Credit: quora.com

The energy that went into making the impact crater is thought to be equivalent to 10 billion Hiroshima A-bombs, as BBC News explains. Nowhere to run/hide/escape.

Scientists who drilled into the impact crater associated with the demise of the dinosaurs summarised their findings so far in a BBC Two documentary on Monday.

The researchers recovered rocks from under the Gulf of Mexico that were hit by an asteroid 66 million years ago. The nature of this material records the details of the event.

It is becoming clear that the 15km-wide asteroid could not have hit a worse place on Earth.

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Greenland ice sheet hides huge ‘impact crater’

Tallbloke's Talkshop

Topographic map of Greenland
Something creating a 19-mile wide dent in the Earth’s surface would clearly have been a major strike. If confirmed it would be the most northerly impact crater on Earth.

What looks to be a large impact crater has been identified beneath the Greenland ice sheet, reports BBC News.

The 31km-wide depression came to light when scientists examined radar images of the island’s bedrock.

Investigations suggest the feature was probably dug out by a 1.5km-wide iron asteroid sometime between about 12,000 and three million years ago.

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Joshua Wright’s remarks applies to @NZprodcom’s market studies as well

From https://www.nytimes.com/roomfordebate/2016/11/14/should-the-government-bring-back-trust-busting

Not all mothers welcome Pike River re-entry decision as a ‘victory for families’

Point of Order

The headline at Stuff – playing on emotions that have been running high for years on the West Coast – highlighted a “victory for families and the little people”. 

The headline quote was provided by “an elated Anna Osborne” after the Government gave the all-clear for a $23 million manned re-entry into Pike River Mine, where 29 men died in an explosion eight years ago.

The aim of re-entry, as the Stuff report explained, is to gather any evidence of what might have caused the methane explosion (which implies there can be no certainty the evidence will be found).

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Michael Caine Documentary

Scott Freeman summarizes Lucas

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