Agent-Based Modelling – 4.6.2 – Thomas Schelling, Part 1
20 Apr 2020 Leave a comment
in applied price theory, defence economics, economics of information, industrial organisation, labour economics, law and economics, managerial economics, organisational economics, Public Choice Tags: game theory
Jason Brennan: Fake Socialism vs. Real Capitalism
20 Apr 2020 Leave a comment
in Adam Smith, applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of education, economics of regulation, entrepreneurship, growth disasters, growth miracles, health and safety, history of economic thought, human capital, industrial organisation, labour economics, labour supply, law and economics, liberalism, libertarianism, Marxist economics, Milton Friedman, politics - USA, poverty and inequality, property rights, Public Choice, survivor principle Tags: Age of Enlightenment, capitalism and freedom, The Great Escape
COVID19 models – a lesson for those who trust climate scientists-Joe D’Aleo
19 Apr 2020 Leave a comment
Why Property Rights?
19 Apr 2020 Leave a comment
Economist Bryan Caplan debated another socialist recently on capitalism vs. socialism. He posted his opening statement here. In that blog post he linked to his previous debates on socialism and I noticed he debated Elizabeth Bruenig two years ago. That name is familiar to me (or actually not that familiar because she got married and changed her last name) because years ago I engaged her in a debate in the comments section of her blog (if I recall correctly). Unfortunately, she blocked me ¯_(ツ)_/¯. She was coming at socialism from a Christian perspective and it lead me to write this blog post: Was Jesus A Socialist?
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Climate Cult Hijacks COVID-19 Crisis By Demanding More Subsidies For Wind & Solar
19 Apr 2020 Leave a comment
It didn’t take them long. The climate cult has hijacked the COVID-19 crisis, demanding more subsidies for wind and solar. Apparently, more windmills and solar panels will operate like some kind of collective vaccine against the coronavirus.
Never mind that the worst affected COVID-19 victims need to be admitted to ICUs and hooked up to ventilators, which require electricity delivered 24 x 7, irrespective of the weather and time of day.
Hiding behind the pasty faced weather-worriers are a band of cynical and opportunistic renewable energy rent seekers who have turned night into day, with demands for more taxpayer support for already heavily subsidised and forever chaotically intermittent wind and solar.
‘Audacity’ doesn’t really cover it, as Alan Moran reports below.
Green Snouts Sniff a COVID Windfall
Quadrant
Alan Moran
16 April 2020
The Pope, deprived of the counsel of Cardinal Pell, the Church’s most astute voice, foolishly called coronavirus…
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Thank @GreenpeaceAU @Greens @NZGreens for lower petrol prices
19 Apr 2020 Leave a comment
in applied price theory, energy economics, environmental economics, global warming, public economics
Sustainable development = inefficient resource depletion
19 Apr 2020 Leave a comment
in applied price theory, fisheries economics, law and economics, property rights, resource economics


NATIONAL GEOGRAPHIC : ‘Norway Was Warmer 1,000 Years Ago’
19 Apr 2020 Leave a comment
Lost Viking ‘highway’ revealed by melting ice | Nat Geo
“What gets us into trouble is not what we don’t know,
it’s what we know for sure that just ain’t so.”
– Mark Twain
***
H/t @WEschenbach
THE post title is obviously a parody. However, it happens to be a factual one, albeit politically incorrect.
OUR very ‘warm’ friends at National Geographic have inadvertently proven the Medieval Warm Period that existed a mere ~1000 years ago. An inconvenient period known as a “climate optimum” that ClimateChange™️ and National Geographic have spent so much currency, propaganda and magazine paper, ‘denying’.
Climate Change Myths: Sorting Fact from Fiction | Nat Geo
Climate Change Myths: Sorting Fact from Fiction | Nat Geo
*
*Nat Geo has deleted the “continue reading this myth” link. So, you will have to imagine what they would have gone on to say. Not hard…
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Covid-19 drug trials: Remdesivir shows promise in treatment of patients in US
19 Apr 2020 Leave a comment
As the world awaits the development of a vaccine for the novel coronavirus causing Covid-19, reports in the past week of successful treatment of severely ill patients at a Chicago hospital with the antiviral medicine Remdesivir were headlined in the US and caused a bounce on global sharemarkets.
Remdesivir was one of the first medicines identified in lab tests as having the potential to impact SARS-CoV-2. Results from US biotechnology firm Gilead Science’s clinical trials have been eagerly expected as the world looks for positive outcomes which could lead to fast approvals by the Food and Drug Administration and other regulatory agencies.
If safe and effective, it could become the first approved treatment against the disease.
The University of Chicago Medicine recruited 125 people with Covid-19 into Gilead’s two Phase 3 clinical trials. Of those people, 113 had severe disease.
All the patients have been treated with daily infusions of…
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New York Nukes Itself
19 Apr 2020 Leave a comment
This post is not about WuHanFlu, but about New York’s insane decision to close nuclear power plants in favor of wind farms. Robert Bryce writes at Forbes New York Has 1,300 Reasons Not To Close Indian Point. Excerpts in italics with my bolds.
At the end of this month, the Unit 2 reactor at the Indian Point Energy Center in Buchanan, New York will be permanently shut down. Next April, the final reactor at the site, Unit 3, will also be shuttered.
TOMKINS COVE , NY – MAY 11: The Indian Point nuclear power plant is seen from Tomkins Cove, New York … [+] CORBIS VIA GETTY IMAGES But the premature closure of the 2,069-megawatt nuclear plant is even worse land-use policy. Here’s why: replacing the 16 terawatt-hours of carbon-free electricity that is now being produced by the twin-reactor plant with wind turbines will require 1,300 times as much…
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Cabinet’s challenge is to strike the right balance between halting contagion and getting Kiwis back to work
19 Apr 2020 Leave a comment
The government lacked the nerve to stay at alert level II and see what happened.
Finance Minister Grant Robertson trots out the phrase “go hard, go early” in the battle against Covid-19, as often as he used to declare the underlying fundamentals of the NZ economy are “strong”.
Meanwhile Health Minister David Clark says responding to Covid-19 is a “marathon, not a sprint”.
But New Zealand didn’t “goearly”. The Ministry of Health on January 24, the day after China locked down the huge city of Wuhan because of the outbreak of the disease, said the likelihood of a sustained outbreak in NZ is “low”.
It maintained that line for a month. There was no visible sign of the ministry calling on ministers to scale up stocks of relevant equipment, take precautions in retirement homes, or increase the number of Intensive Care Unit beds and ventilators.
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David Friedman – Feud Law: Private and Decentralized
19 Apr 2020 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economic history, economics of crime, history of economic thought, law and economics, property rights, Public Choice, public economics Tags: economics of anarchy





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