
By Paul Homewood h/t Ian Magness Some things you could not make up! https://www.telegraph.co.uk/politics/2024/01/11/zac-goldsmith-banned-driving-caught-speeding/
Lord Goldsmith given driving ban for four speeding offences – after backing 20mph limit
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
12 Jan 2024 Leave a comment
in economics of crime, environmental economics, law and economics, transport economics, urban economics Tags: British politics

By Paul Homewood h/t Ian Magness Some things you could not make up! https://www.telegraph.co.uk/politics/2024/01/11/zac-goldsmith-banned-driving-caught-speeding/
Lord Goldsmith given driving ban for four speeding offences – after backing 20mph limit
12 Jan 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, development economics, economics of climate change, economics of crime, energy economics, environmental economics, global warming, law and economics, liberalism, libertarianism, Marxist economics, property rights, Public Choice, Rawls and Nozick
12 Jan 2024 Leave a comment
in applied price theory, Austrian economics, public economics Tags: taxation and investment

There are three reasons to be a knee-jerk supporter of tax cuts (or to be a knee-jerk opponent of tax increases). The morality-driven libertarian argument that people should be able to keep the income they earn. The starve-the-beast argument that less revenue at some point may translate into less spending. The economic argument that lower […]
Not All Tax Cuts Are Created Equal
12 Jan 2024 Leave a comment
in applied price theory, history of economic thought
Nobel Prize winning economist Paul Krugman wrote the following in Slate magazine back in the 1990s:“Economic theory is not a collection of dictums laid down by pompous authority figures. Mainly, it is a menagerie of thought experiments–parables, if you like–that are intended to capture the logic of economic processes in a simplified way. In the…
Economists Love Fables And Parables (Or, The Essence Of Economic Analysis)
12 Jan 2024 Leave a comment
in economics of crime, law and economics, property rights

While Canada eviscerates the right to free speech and association, some are apparently holding firm on the privacy rights of accused felons to warn homeowners not to post videos of thefts.
Oh Canada: Police Warn that Posting Images of Thieves May Violate Their Privacy Rights
12 Jan 2024 Leave a comment

I believe I mentioned this faux pas by the BBC earlier today, but here are the hard, cold facts. On Christmas Eve, BBC radio repeated, six times, a completely false report that Israeli troops had executed 137 Palestinian civilians and buried them in unmarked graves. This of course came from a notice by the ever-reliable…
The BBC apologizes for making false and defamatory claims about the IDF executing Palestinian civilians
12 Jan 2024 Leave a comment
in economics of media and culture
11 Jan 2024 Leave a comment
in defence economics, war and peace Tags: atomic bombs
11 Jan 2024 Leave a comment
in applied price theory, history of economic thought, income redistribution, labour economics, labour supply, Public Choice, public economics, welfare reform Tags: negative income tax, universal basic income

Philosopher Matt Zwolinski, co-author of Universal Basic Income: What Everyone Needs to Know, was a core member of the old Bleeding Heart Libertarians blog, which shut down in 2020. Now’s he’s singledly-handed revived the BHL brand on his new Bleeding Heart Libertarian substack. Matt recently published a critique of my response to Chris Freiman on…
Zwolinski on the UBI
11 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: renewable energy

📸 Look at this post on Facebook
https://www.facebook.com/share/FQdr9EVPfCk6qwUw/?mibextid=RXn8sy
11 Jan 2024 Leave a comment
in cats

📸 Look at this post on Facebook
https://www.facebook.com/share/usT4kzWGFiZPcdhD/?mibextid=RXn8sy
11 Jan 2024 Leave a comment
in liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, correctness, free speech, media bias. political, regressive left
Given the widespread mistrust of mainstream media and accusations of bias, it seems extraordinary that New Zealand’s taxpayer-owned broadcaster TVNZ seems to be going out of its way to prove that it is — as its detractors claim — incurably partisan. Last week, a column by John Campbell appeared on TVNZ’s website titled: “Are we […]
TVNZ’s naked bias on display
10 Jan 2024 Leave a comment
in economic growth, economic history, entrepreneurship, labour economics, labour supply, macroeconomics, politics - New Zealand

In my post on Monday I drew attention (again) to the fact that New Zealand has made no progress at all in reversing the decline in relative economywide productivity (relative to other advanced countries) since what was hoped to be a turning point, with the inauguration of widespread economic reforms after the 1984 election. If anything, […]
Productivity woes….continued
10 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming
“Electrification would require sweeping changes to the nation’s power grids. Under the scenario visualized above, total electricity demand in the United States would roughly double by 2050, even as overall energy use went down.” …. “To meet that demand, electric utilities would need to add staggering amounts of new emissions-free power while making sure that all those newly electrified cars, homes and factories don’t strain the system and cause blackouts. “
Electrify Everything: Dreaming the Impossible Dream
10 Jan 2024 Leave a comment
in economics of media and culture, politics - USA Tags: moon landing

Here’s an example of how indigenous peoples, on the basis of their superstitions and religion, try to control modern technology or how it’s used and science. In this case, reported by CNN (click on screenshot below), a commercial enterprise is taking some small amounts of human remains (presumably ashes, though it’s not clear) to the […]
The Navajo Nation tries to prevent human ashes from being sent to the Moon
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