‘Lockdown 3’ won’t be anywhere near as bad as the original

julianhjessop's avatarPlain-speaking Economics

New year, new lockdown. I’m instinctively sceptical that such severe restrictions on our lives can ever be justified, but two factors have surely tipped the balance in their favour.

The first, of course, is the far more rapid transmission of the new Covid variant. This has increased the benefits of locking down, as the risk of the NHS being overwhelmed by Covid patients is now much greater.

The second, more positively, is the rollout of the new vaccines, which has reduced at least some of the costs of locking down. This is because there is now light at the end of the tunnel, and households and businesses can be more confident that this is the final push.

Here we can take some comfort from the strong public support for the new lockdown, and the relative sanguine response in financial markets. In particular, the FTSE has continued to grind higher. Even…

View original post 858 more words

SCOTUS Game Over for Climate Lawsuits?

Ron Clutz's avatarScience Matters

Guy Caruso writes at Real Climate Energy Supreme Court Hearing Should Signal Shift From Baseless Lawsuits to Realistic Climate Solutions  Excerpts in italics with my bolds.

For years, energy manufacturers have helped drive down U.S. carbon emissions by unleashing a flood of home-grown, low-carbon natural gas, reducing America’s carbon footprint even as we use more energy. At the same time, despite emissions reduction progress, a handful of cities and counties including Baltimore, New York City, and Washington, DC among others have sued energy manufacturers in the name of climate change, spurred on by ambitious trial attorneys and imaginative legal theories.

Federal law is clear, though, with the Supreme Court clearly ruling in American Electric Power v. Connecticut in 2011 that it’s EPA’s job to regulate carbon emissions. That’s why trial attorneys have fought so hard to move climate lawsuits to state courts and that’s why a January…

View original post 1,348 more words

Vaccine Innovation: A Marvel of Modern Science and Modern Markets

Jeremy Horpedahl's avatarEconomist Writing Every Day

We’ve already talked about different methods for distributing the vaccine in the face of limited supply on this blog (see my post and Doug Norton’s post). But today I want to talk about something different: the speed at which this vaccine was developed. It is truly amazing.

Timeline showing a comparison of vaccine development timescales from Typhoid fever in 1880 to SARS-CoV2 in 2020.

This chart from Nature (adapted from the fantastic Our World in Data) dramatically shows just how quickly the COVID-19 vaccine was developed compared with past vaccines. What used to take decades or even a century was done in mere months (yes, even with all the regulatory barriers today).

Exactly how we developed this vaccine so quickly is a complex story that involves the advanced state of modern science, incentives offered by concerned governments, and the harnessing of the profit motive to advance the public good. We don’t know all the details yet, and likely won’t for a long time since, like…

View original post 169 more words

The Writer’s Endurance: The Old Man and the Sea

Great Books Guy's avatarGreat Books Guy

“He was an old man who fished alone in a skiff in the Gulf Stream and he had gone eighty-four days now without taking a fish” (opening line).

The Old Man and the Sea is a rich and deep novella about an old fisherman named Santiago and his Herculean effort to overcome a fishing dry-spell. Much like the character, Ernest Hemingway was also going through a dry-spell. The Old Man and the Sea was written at a time when Hemingway was considered a writer in decline. His last critically praised work was more than a decade old: For Whom The Bell Tolls in 1940 – read my reflections on For Whom The BellTolls and its Pulitzer controversy here. Hemingway had published Across The River And Into The Trees in 1950, the first book he had published post-World War II, and it was panned by critics. In a word,

View original post 1,758 more words

Taylor v Jaguar Land Rover: A landmark case, or losing sight of the landmarks of reality?

Maya Forstater's avatarsingle sex spaces

The case of Taylor v Jaguar Land Rover has been trumpeted as a “landmark”  employment tribunal decision recognising that people who identify as non-binary or gender-fluid can be covered by the Equality Act protected characteristic of “gender reassignment”.  

The case concerns Mr/Ms Taylor, a man who began to wear women’s clothing to work in 2017 as part of a process of exploring his gender. He now identifies as a transwoman. He can be seen here being interviewed by Pink News at the time:

The tribunal seemed particularly keen on inhabiting the role of landmark decision-makers, going into a soliloquy about individuals who make a difference including Rosa Parks, Martin Luther King and Ruth Bader-Ginsberg (“The Notorious RBG”, as they noted).

But there is a lot less to the landmark part of the decision than has been promoted. It was already clear that the protected characteristic of “gender reassignment” in the…

View original post 2,344 more words

Peanuts to Pay For Total Chaos: Wind Power Outfit Fined $1 Million For Causing Statewide Blackout

stopthesethings's avatarSTOP THESE THINGS

On 28 September 2016, the automatic shutdown of wind turbines in South Australia during a spring storm delivered a statewide ‘system black’.

South Australia’s hapless Premier, Jay Weatherill led the wind industry’s propaganda charge, pointing the finger at the collapse of a couple of power pylons in the state’s mid-North as the cause of a statewide calamity that left 1.6 million people powerless; and parts of the State without electricity for more than a week. BHP Billiton’s Olympic Dam mine in South Australia’s far north was without full power from September 28 to October 13.

The collapse of a few power pylons occurred late in the day, and affected a single transmission line that could not have caused the collapse of the State’s entire power supply. The rest of the State’s transmission lines remained untroubled by the strong winds. But the power pylons collapse is still touted by renewables advocates…

View original post 1,740 more words

Why Net Zero CO2 is Social Suicide

Ron Clutz's avatarScience Matters

Greta and her handlers are upset that political leaders followed advice from epidemiologists and imposed lockdowns against Covid, but not against climate change.  Commenters at Not a Lot of People Know That exposed Greta’s ignorance for championing Net Zero policies to reduce atmospheric CO2.  One problem is the impracticality of removing CO2 to put into storage.  Broadlands noted:

NET stands for Negative Emission Technology. That means industrial removal and geological burial of billions of tons of CO2 under pressure. The irony is the fact that they cannot fit a lot into those geological locations…not even one part-per-million. Greta’s puppeteers don’t even realize that themselves. Certainly not Mr. Biden’s experts as they tool up to spend trillions.

Even more dangerous is activists failing to recognize we are presently suffering from a dearth of CO2, not a surplus  Pardonmeforbreathing drew the implications from the above graph (excerpted):

If you look at…

View original post 640 more words

Stuff and more nonsense – the perturbing case of political adverts being rejected

Bob Edlin's avatarPoint of Order

Having declared its intention to be guided by a set of treaty principles, Stuff has set about suppressing the views of a political group which questions the establishment of special seats for Maori on local  local authorities.

Or rather, two publications in the Stuff stable have got into the suppression business.

We learn this from Breaking Views, which has published an item headed Democracy Northland: The Ad Stuff Refused to Publish.

We look forward to a denial from Stuff and a statement which rebuts the Breaking Views claim that the Whangarei Leader and the Bay Chronicle have refused to publish an advertisement which promotes a petition from Democracy Northland.

The advert says:

View original post 779 more words

While our govt is being pressed to further whittle our freedoms, UK judges have upheld the right of Brits to speak offensively

poonzteam5443's avatarPoint of Order

Family First today is highlighting the findings of a new poll (which it commissioned) that gauged public opinion on so-called hate speech.

The poll found just one in ten New Zealanders think it should be a crime

  • to publicly claim that gender is revealed at birth and is not a matter of personal identity, or
  • to publicly state that marriage is between a man and a woman only.

Family First – and all other critics of the government’s readiness to further crimp our liberties – should make much of the judges’ landmark ruling in the British case of a mother who called a trans woman “he” on Twitter.

The judges said:

‘Freedom only to speak inoffensively is not worth having.’

But the government in this country is under pressure from several quarters to deliver on its promise to tighten the laws on “hate speech”, further requiring Kiwis to watch what…

View original post 867 more words

The Left’s Obsession with Equality of Outcomes, Taken to a Logical Extreme

Dan Mitchell's avatarInternational Liberty

Since part of my job is to persuade skeptics to support a free society, I’m always trying to figure out how best to convince people to favor liberty over statism.

I start with the premise that most statists are misguided rather than evil and I try to understand how they see the world. If I know what makes them tick, after all, then perhaps I can explain to them how freedom is preferable to big government.

In my efforts to win people’s hearts and minds, I run into the same obstacles over and over again.

  • Many people equate Republicans with limited government, so you have to explain that there’s a giant difference between the views of the Cato Institute and the decisions of statists like Richard Nixon or George W. Bush.
  • Some folks think capitalism and cronyism are the same thing. I try to show them that there is…

View original post 531 more words

Successful Entrepreneurs Make the Rest of Us Richer

Dan Mitchell's avatarInternational Liberty

Back on December 28, I shared four charts for the explicit reason that I wanted everyone to understand that average living standards in the western world have skyrocketed over the past few centuries.

I could have used that data to clear up myths about “robber barons” or “sweatshops,” but I had a more modest goal. I simply wanted to show that it’s possible for all of us to become much richer if we give the economy enough breathing room.

And that means policy makers should focus on growth rather than inequality (especially since the policies to reduce inequality generally lead to less prosperity).

Some pundits don’t grasp that essential point. Christopher Ingraham of the Washington Postgroused in a recent column that Jeff Bezos and Elon Musk became much wealthier in 2020.

Billionaires as a class have added about $1 trillion to their total net worth since the…

View original post 682 more words

The Democrat Cities: Portland

Tom Hunter's avatarNo Minister

If there’s one city in the USA that is ground-zero for the Antifa movement it’s poor old Portland, Oregon. I don’t know why that should be but the results are not good. The city where BLM/Antifa never stopped rioting. Disturbances continue nightly in Portland, as it has since May 29, though the targets are now more diffuse and away from the CBD (the morons tried recreating Seattle’s CHAZ in Portland).

It’s notable that things have cooled a bit since the November election, leading me to wonder how many of these BLM/Antifa types were just Democrats stirring things up so that “healing” could occur were Trump defeated. I base that suspicion on the fact that the anti-war movements of the Double O’s, including Code Pink, basically fell apart soon after January 20, 2009, leaving true believers like Cindy Sheehan to wonder why they had been abandoned when nothing on the ground…

View original post 1,971 more words

Samuelson on Marx

Image

Funny Cat Interrupts Interviews

The Last of the R.S.I and Mussolini

MSW's avatarWeapons and Warfare

Benito Mussolini with a department of R. S. I. Italian Social Republic in 1944. Benito Amilcare Andrea Mussolini Italian politician, journalist, and leader of the National Fascist Party, ruling the country as Prime Minister from 1922 until his ousting in 1943. (Photo by: SeM/Universal Images Group via Getty Images)

History came full-circle on 29 October 1944, when Benito Mussolini made his last public speech in Milan. Exactly twenty-two years before, he had set out from this same city in the ‘March on Rome’ that brought him to power. That early triumph had been preceded by a period of violent struggle, just as years of difficult warfare seemed to culminate somehow in the 1944 mass-rally. The outpouring of popular support it generated for him inspired his sometimes flagging spirits, while stiffening the backbone of the Salo Republic under an increasingly heavy siege from the air. His words were broadcast from the…

View original post 2,592 more words

Previous Older Entries Next Newer Entries

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

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

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

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

Temple of Sociology

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

Velvet Glove, Iron Fist

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

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

Down to Earth Kiwi

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

NoTricksZone

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

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

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

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

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

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

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

Bet On It

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

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

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

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”

The Victorian Commons

Researching the House of Commons, 1832-1868

The History of Parliament

Articles and research from the History of Parliament Trust

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

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

European Royal History

Exploring the Monarchs of Europe

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

STOP THESE THINGS

The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.

Lindsay Mitchell

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

Alt-M

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

croaking cassandra

Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective

The Grumpy Economist

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