The Risk-Monger’s Top Ten Good Things about COVID-19

RiskMonger's avatarThe Risk-Monger

While one should never consider a possible public health pandemic or human suffering as a good thing, the recent public concern about the COVID-19 coronavirus outbreak has provided us with some positive lessons on risk communications and public health management. While COVID-19 will not in all likelihood be the global pandemic health officials have been preparing us for, it has proven to be a useful “practice run”.

While I suspect this article may be too soon for those feeding from the lucrative trough of alarmism and the need to compulsively resort to precautionary measures, there have been many valuable learnings from this one-month public health exercise.

Here are the Risk-Monger’s Top Ten Good Things about COVID-19.

1. Increased public awareness on hygiene

“Regularly wash your hands … well.” … “Avoid touching objects like door handles, handrails, money, buttons and other people’s mobile phones.” … “Shaking…

View original post 1,501 more words

Samuelson (1989) on the efficient markets hypothesis

Image

Terminal Diagnosis: Wind & Solar Chaos Places Australia’s Power Grid On Life Support

stopthesethings's avatarSTOP THESE THINGS

Australia’s self-inflicted wind and solar calamity has just got serious; very serious.

Managing electricity grids is a finely balanced affair, requiring the ability to control what goes in and what goes out on a second-by-second basis.

The generation and distribution of electricity was relatively simple when synchronous, dispatchable conventional generation sources (in Australia, coal, gas and hydro) were the only game in town. Now, however, the erratic and chaotic and occasional delivery of large volumes of intermittent wind and solar has put paid to old certainties, and left grid managers struggling to prevent a complete grid collapse.

In this post STT takes a look at a brewing disaster waiting to happen. Precisely what the site has been predicting the best part of seven years.

The first article comes from the Australian Financial Review, which has been a very solid platform for wind and solar industry propaganda over the last decade…

View original post 1,715 more words

Samuelson (1974) on the efficient markets hypothesis

Hayek’s finest paper

Who pioneered the economics of information?

The Myth of the Rational Voter

Capitalism Helps People in Poor Nations, Foreign Aid Helps Politicians in Poor Nations

Dan Mitchell's avatarInternational Liberty

I wrote last October about how poor nations that followed the pro-market recipe of the “Washington Consensus” in the 1980s and 1990s got good results. Johan Norberg addresses the same topic in this video.

Sadly, international organizations are infamous nowadays for the bizarre argument that developing nations should try to boost prosperity by imposing higher taxes and bigger government. I’m not joking.

I was even a credentialed participant at a conference on precisely this topic at the United Nations. It was a strange experience to be surrounded by anti-empirical people, but at least I wasn’t threatened with arrest, as happened at an OECD event.

Needless to say, these folks also think it’s a good idea to use foreign aid to finance bigger fiscal burdens in poor nations.

I’ve previously explained why this is a bad idea, at least if we care about achieving more prosperity for people. Simply stated…

View original post 554 more words

Stigler on price fixing

Image

Another supply-side driven pay gap. How do employers learn sexual orientations to favour and discriminate?

Money For Nothing: Scotland’s Wind Farms Earn More Revenue When They’re Turned Off!!

stopthesethings's avatarSTOP THESE THINGS

The fact that Scotland’s wind farms have pocketed £650m for not generating power has attracted more than just a little attention.

STT has run several stories over the last few months about wind power outfits being paid very handsomely to NOT generate electricity. Perhaps it’s the sense of outrage that comes with knowing a group of unscrupulous thugs are being paid for doing nothing that’s prompted a flurry of articles, including this one.

Wind turbines generate more cash when switched off and Scots customers shouldering £650m blame
Daily Record
Paul Rodger
17 January 2020

Constraint payments have been paid to energy firms in charge of wind farms, when demand for electricity falls or winds are too strong for turbines to operate.

Wind turbines generate more cash when they’re switched OFF than when they’re working – with customers shouldering nearly £650 million in payments over a decade.

So-called ‘constraint payments’, a…

View original post 311 more words

The IPCC, the world’s leading scienti…, err, political body

trustyetverify's avatarTrust, yet verify

A new communication handbook for IPCC scientists is published. It is compiled by Climate Outreach and was commissioned by the Intergovernmental Panel on Climate Change, Working Group I Technical Support Unit. They want this handbook out “ahead of the IPCC’s 1.5 degrees special report later this year”.

Interesting.

The handbook also comes with a video explaining the 6 principles to help IPCC scientists better communicate their work. They already lost me in the second sentence in that video though:

The facts are there, thanks in great part to the IPCC – the world’s leading scientific body on climate change

View original post 411 more words

A defense of the binary in human sex

whyevolutionistrue's avatarWhy Evolution Is True

As a biologist, I get especially irked at the repeated claim that sex in humans is “a spectrum, not a binary.” In fact, as I’ve discussed several times before (e.g., here, here, here and here), sex might as well be a binary, because the overwhelming majority of people conform to the definitions of either male or female, which involve differential gamete production (sperm vs. eggs), and only slightly fewer fail to conform to a binary of other primary sexual characteristics (appearance of genitalia) or secondary sexual characteristics that appear at puberty (breasts, pubic hair, etc.).

To be a bit more precise, biological sex in humans is bimodal: if you do a frequency plot with “sex” on the X axis and “frequency of individuals conforming to that sex” on the Y axis, you get a huge peak at “male”, another huge peak at “female”, and then a…

View original post 1,524 more words

Elections and electioneering, 1832-1868

Kathryn Rix's avatarThe Victorian Commons

As voters across the country head to the polls this month, we thought it was an ideal opportunity to look back at some of the research on 19th century elections we have featured in our blogs over the past few years. These draw on our work for the History of Parliament’s House of Commons, 1832-68 project, which is producing biographical profiles of the 2,591 MPs who sat between the first and second Reform Acts and accounts of the 401 constituencies in England, Ireland, Scotland and Wales across the nine general elections which took place during this period. You can find more details about our project here.

The system under which electors cast their votes between 1832 and 1868 was very different in many ways from the modern British electoral system. As our editor, Philip Salmon, explains in this post, before the introduction of the secret ballot in 1872…

View original post 758 more words

My @NuanceInc activation code never worked! User support works 9-5, Monday to Friday

Image

Previous Older Entries Next Newer Entries

Libertarian Land

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

Arin’s Substack

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

David Andolfatto

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

Monetary Non-Neutrality

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

Reason Magazine

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

Coyote Blog

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

Thoughts from the North

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

Fardels Bear

A History of the Alt-Right

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.

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