The Numbers Game: The Paradox of Household Income
19 Jun 2019 Leave a comment
in applied price theory, applied welfare economics, discrimination, economic history, economics of education, human capital, income redistribution, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice, public economics, unemployment, welfare reform Tags: child poverty, family poverty
Why Do We Use Money?
19 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of regulation, history of economic thought, law and economics, macroeconomics, Milton Friedman, monetary economics, property rights
Guardian omits ties between pro-Palestinian “charity” and Hamas
19 Jun 2019 Leave a comment
A Guardian report on damages awarded to the UK-based pro-Palestinian “charity” Interpal has obfuscated the organisation’s terror ties.
The June 13th article by Matthew Weaver (“Daily Mail pays damages over hate festival allegations”) reported that the Daily Mail “paid £120,000 in damages plus costs to a UK-based humanitarian charity after the paper falsely accused it of funding a “hate festival” in Palestine which acted out the murder of Jews”.
Though that particular charge appears to have been untrue, the Guardian journalist then goes on to downplay the fact that interpal is widely reported to be affiliated with Hamas.
The second article, which appeared on the Mail Online website, referred to Interpal as a “specially designated global terrorist organisation”. It failed to mention that this referred to a contested designation made by the George Bush administration in 2003, which the charity has always denied and for which the US has…
View original post 473 more words
Renewables ‘Transition’: UK Solar Industry Doomed as Subsidies Slashed – Panel Sales Plummet by 94%
18 Jun 2019 Leave a comment
Wasn’t it only yesterday we were told that wind and solar are so cheap that our RE ‘transition’ was inevitable? Well, that was then, this is now.
Proving the point, we make almost every day – namely that there wouldn’t be wind turbines or solar panels, on any serious scale, anywhere in the world, in the absence of massive and endless subsidies – when the UK cut subsidies to solar panels in April, the solar ‘industry’ literary collapsed, overnight.
The only thing ‘inevitable’ about wind and solar is the inevitable collapse that follows any reduction in the subsidies that sustain them. Even the mere mention of tinkering with the subsidies sends renewable energy rent seekers into apoplexy.
Here’s Jo Nova rubbing a little more salt into the RE zealots’ wounds.
UK withdraws life support for Solar Industry and 94% of orders disappear
Jo Nova Blog
Jo Nova
7 June 2019
View original post 373 more words
More Libertarians: Murray Rothbard and Competitive Racism
18 Jun 2019 Leave a comment
[NB: I quote a lot from Professor Peter Klein‘s comment on this thread regarding Murray Rothbard. I want to make quite clear that my comments about Rothbard are about Rothbard and not about Professor Klein. I thank him for raising Rothbard’s name in this context because he spurred me to write up my thoughts about Rothbard and racism. In no way do I want to impute Rothbard’s beliefs to Professor Klein. Just so we are clear on that.]
Murray N. Rothbard (1926-1995), has been called “the most gifted libertarian writer of his generation” (p. 251). Rothbard prided himself as, in Nancy MacLean‘s words, libertarianism’s “most scathing guardian of libertarian orthodoxy” (p. 147). He was an “anarcho-capitalist” who believed that all governmental functions should be privatized, including national defense and police forces. Unlike someone like JamesBuchanan, or indeed, most academics, who often work within institutional structures…
View original post 2,308 more words
Voltaire and the one-liner
18 Jun 2019 Leave a comment
To mark the publication at Oxford University Press of his new book ‘Voltaire: A Very Short Introduction’, a contribution to their Very Short Introductions series, Nicholas Cronk has written the following post about the wit and wisdom of Voltaire for the OUP Blog.
Voltaire: A Very Short Introduction by Nicholas Cronk is published by Oxford University Press.
As we mark Voltaire’s 323rd birthday – though the date of 20 February is problematic, – what significance does the great Enlightenment writer have for us now? If I had to be very very short, I’d say that Voltaire lives on as a master of the one-liner. He presents us with a paradox. Voltaire wrote a huge amount – the definitive edition of his Complete works being produced by the Voltaire Foundation in Oxford will soon be finished, in around 200 volumes. And yet he is really famous for his short sentences. He…
View original post 1,009 more words
A flat tax? Alas, RNZ burnt up its interview time while grilling Seymour about free speech and the racism bogey
18 Jun 2019 Leave a comment
RNZ’s Morning Report yesterday led us to hope we would hear something about the attractions of a flat tax, an idea once promoted by Roger Douglas when he was Minister of Finance in the Lange government.
A flat tax – adopted in some American states and European countries – is among the tax reforms favoured by the Act party as it tries to refresh its image.
We were led to believe the Morning Report team would kick this around with Act leader David Seymour just before 8am yesterday because they mentioned it in their introduction to an interview with him.
Presenter Corin Dann said Act is targeting free speech “and radical tax reform” as it works to lift voter support heading into next year’s election.
The party had re-launched with the slogan ‘Act for freedom’.
View original post 802 more words
LSE Sociology: Are There Any Right-Wing Sociologists? (Maybe they mostly work in the criminology field!)
18 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economic history, economics of regulation, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, Public Choice, public economics, survivor principle
Nordhous summarises the economics of carbon clubs for the benefit of @mfe_news
17 Jun 2019 Leave a comment
in applied price theory, energy economics, environmental economics, global warming, international economics, Public Choice Tags: club goods

Elite Anxiety: Paul Collier’s “Future of Capitalism”
17 Jun 2019 Leave a comment
Paul Collier, the controversial Oxford professor famous for his development work and his acclaimed books Exodus and The Bottom Billion, is back. But the author of Exodus and The Bottom Billion is long gone. The compelling writing and carefully reasoned world that made Bottom Billion impossible to put down has somehow disappeared. In The Future of Capitalism, Collier is tired. He is bitter. And he is sometimes quite mad – so mad that his disdain for this or that group of thinkers or actors in society consumes his otherwise brilliant analytical mind.
Instead of having his editors moderate those of his worst impulses, he doubles down on his polemic conviction. Indeed, he takes pride in offending people in all political camps, believing that it supports the book’s main intellectual point: ideologues of every persuasion are dangerous, one-size-fits-all too constricted for a modern society and we should rather turn…
View original post 655 more words
A Conversation with James M. Buchanan (1/2)
17 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, history of economic thought, James Buchanan, Public Choice
What If There Were No Prices? The Railroad Thought Experiment
17 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, economic history, history of economic thought, industrial organisation, Marxist economics, property rights, Public Choice
KILLING THE EARTH TO ‘SAVE’ IT : Rainforest Trees Cut Down To Make Way For Industrial Wind Turbines
16 Jun 2019 Leave a comment
Old-growth trees cut down for windfarm transmission corridor (Pic Source : The Australian)
“IF this had have been a transmission line connecting a coal power station,
these far left brainwashed climate change believing nutters,
would have been there in their thousands.”
– John Clarkson
***
H/t @JohnClarksonGSM @MRobertsQLD
IN the good old days of ‘Greenism’, genuine environmentalists rallied against the wanton destruction of pristine flora and fauna.
IN the twisted age of Global Warming Climate Change hysteria, real environmentalists are failing us in the face of a global religion that has allowed the development of supposed ‘planet-saving’ ‘renewables‘ that wilfully destroy forests, animals and pristine environments.
IN the latest example of ‘Green’ eco-hypocrisy, 200 years old rainforest trees have been cleared to make way for wind ‘farm’ transmission lines in Tasmania’s Tarkine.
THE obvious question is a simple one: Where are the @Greens or @Greenpeace or @GretaThunberg
View original post 1,407 more words
A new record for wind energy (during a storm)
16 Jun 2019 Leave a comment
A storm headed over our country at the end of last week. That inevitably means advocates of wind energy praising how wonderful wind energy is doing and how much electricity was produced by wind. That is exactly what happened and apparently we even have a new record…
It was Chris Derde (manager of energy provider Wase wind) who broke the news. He tweeted that wind energy had a new record production of 3 GW(h) and that nuclear power plants lowered their production by 0.5 GW(h). This was one of the two images that accompanied the tweet, illustrating the record:

View original post 1,019 more words

Recent Comments