Category Archives: economics

Conversations with History: Gary Becker

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What Monty Python can teach us about Extinction Rebellion

The Risk-Monger

Unless policy-makers act immediately, the planet will cease to be able to support human life in twelve years, three months and seven days … this event will happen on a Tuesday … after lunch.

No, that is not a skit from Monty Python but an approximation made by the latest virtue signalling publicity craze, Extinction Rebellion. This motley crew of eco-rednecks was founded in October, 2018 and quickly created a loose network from eco-conscious hippies to students on Easter break to antagonised aging Marxists. Together they have managed to show how social networks can be utilised to control an agenda with stunts that require limited funding, planning or intellectual coherence. The media, during a slow news cycle, are lapping up these attention whores who use the microphone and a myriad of intertwined social media accounts as acts of virtue signalling liberation.

There is one nagging question that won’t go away: Was…

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Friedman Friday:(“Free to Choose” episode 4 – From Cradle to Grave, Part 1 of 7)

The Daily Hatch

Friedman Friday:(“Free to Choose” episode 4 – From Cradle to Grave, Part 1 of 7)

Volume 4 – From Cradle to Grave
Abstract:
Since the Depression years of the 1930s, there has been almost continuous expansion of governmental efforts to provide for people’s welfare. First, there was a tremendous expansion of public works. The Social Security Act followed close behind. Soon other efforts extended governmental activities in all areas of the welfare sector. Growth of governmental welfare activity continued unabated, and today it has reached truly staggering proportions. Travelling in both Britain and the U.S., Milton Friedman points out that though many government welfare programs are well intentioned, they tend to have pernicious side effects. In Dr. Friedman’s view, perhaps the most serious shortcoming of governmental welfare activities is their tendency to strip away individual independence and dignity. This is because bureaucrats in welfare agencies are placed in positions of…

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The Sound of Silence: Iowa Farmers Cherish Peace & Quiet After Judge Shuts Down Wind Turbines

STOP THESE THINGS

Anyone claiming that wind turbines are quiet has never lived with them in their backyards. A grinding, thumping cacophony of amplitude modulated low-frequency noise and infrasound is a daily misery for far too many rural residents.

Back in December last year, we reported on a group of Iowa farmers who took on a developer and won. A judge ordered the immediate destruction of three of these things that had been driving neighbours nuts for years: Iowa Farmers Claim Brilliant Victory: Judge Orders Immediate Destruction of Illegal Wind Turbines

Now, their tormentors are gone and locals are relishing the peace and quiet. Being able to hear birds chirping and the sound of their own voices is seen as a gift. Of course, hard-working country folk shouldn’t have been forced to suffer around-the-clock, sonic torture, in the first place. A man’s home is meant to be his castle, not a torture chamber.

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On Earth Day, Let’s Celebrate The Benefits Of Fossil Fuels!

AUSTRIAN ECONOMICS ADDICT

Alex Epstein gives us a different perspective on fossil fuels in this video from Prager University.

The video below is Alex Epstein wading through the People’s Climate March in NYC last September.

When you watch the video you literally see how you are swimming against the current of public opinion when you don’t agree with their environmental ignorance.

In this article by Alex Epstein titled, Making The World A Better Place By Using More Fossil Fuels, he says, “Without exception, anyone who lives a modern life is directly or indirectly is using large amounts of fossil fuel energy – it is that ubiquitous.

Most people don’t understand that 87% of the energy they use comes from fossil fuels. They also don’t understand that plastics, ink, dyes, resins, tires, tar, lubricants, cloths, lipstick, and much more (see list here), are made from oil.

People who don’t…

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David Rose Attacks Attenborough’s “Flawed” Documentary

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

I said the other day that the BBC might have gone too far with Attenborough’s pack of lies, and risked a backlash which would ultimately undermine their credibility on climate.

Well, the fightback has begun, with attack from David Rose:

image

One of the most talked-about programmes of the past week – a primetime documentary on BBC1 – featured two people many seem to regard as living saints.

One was the presenter, Sir David Attenborough, the other Greta Thunberg, the Swedish teenage activist inspiring climate change ‘school strikes’ in several countries, including Britain.

The film’s title was Climate Change: The Facts, and these, Sir David claimed, are now ‘incontrovertible’. The film’s message was so bleak it could have been made by Extinction Rebellion, the eco-anarchist protest group which has brought Central London to a standstill.

No one has done more to convey the marvels of the natural world…

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David D. Friedman | Market failure