End Software Patents Alex Tabarrok

Milton Friedman – Why Economists Disagree

Squeezing blood from a stone: eighteenth century debtors’ prisons worked

ehs1926's avatarThe Long Run

by Alex Wakelam (University of Cambridge)

Woodstreet Compter.jpg Wood Street Compter, 1793. Image extracted from page 384 of volume 1 of Old and New London, Illustrated, by Walter Thornbury. Available at Wikimedia Commons. 

While it is often assumed that debtors’ prisons were illogical and ineffective, my research demonstrates that they were extremely economically effective for creditors though they could ruin the lives of debtors.

The debtors’ prison is a frequent historical bogeyman, a Dickensian symptom of the illogical cruelty of the past that disappeared with enlightened capitalism. As imprisoning someone who could not afford to pay their debts, keeping them away from work and family, seems futile it is assumed creditors were doing so to satisfy petty revenge.

But they were a feature of most of English history from 1283, and though their power was curbed in 1869, there were still debtors imprisoned in the 1920s. The reason they persisted, as my…

View original post 519 more words

Joe Stiglitz was a consultant to Freddie and Fanny in 2002 on the chances of their mortgage underwriting portfolio going south

From https://www.city-journal.org/joseph-stiglitz-venezuela-16181.html

Milton Friedman 1991

We’re All Gonna Die: Climate Change Apocalypse by 2050

gjihad's avatarGreen Jihad

Worst-case scenarios mislead far more than they enlighten.

RONALD BAILEY | 6.5.2019 Reason

Man-made climate change (now dubbed “climate crisis” by The Guardian‘s editors) poses potentially serious risks for humanity in this century. But acknowledging the hazard is not enough for a growing claque of meteorological apocalypse porn peddlers who insist that if their prescriptions for solving the problem are not followed then civilization will momentarily come to an end.

Recent hawkers of fast approaching climate doom include David Wallace-Wells in his book The Uninhabitable Earth: Life After Warming, Cumbria University professor Jem Bendell’s“Deep Adaptation” paper, and environmental activist Bill McKibben’sFalter: Has the Human Game Begun to Play Itself Out? (my review is forthcoming).

Now comes a policy paper, Existential climate-related security risk: A scenario approach, from an Australian climate action advocacy group the Breakthrough National Centre for Climate Restoration. The headline over at

View original post 79 more words

First Systematic Study Of The Advice People Would Give To Their Younger Selves

Wind Industry Victims Vindicated: Endless Noise Complaints Force Giant Wind Farm Shutdown in Ontario

stopthesethings's avatarSTOP THESE THINGS

Finally, Huron County farmers driven nuts by incessant wind turbine noise have forced the shut down of their giant industrial tormentors.

Ontario’s government has been in bed with the wind industry from the beginning, ignoring, bullying and berating wind farm neighbours with the temerity to complain about the grinding, thumping cacophony dished up by these things on a daily basis. Now, finally, after years of fighting simply to be heard, Ontario’s farmers are getting a taste of what representative and responsible government might look like.

In a result that couldn’t come soon enough for the Huron County farming families forced to live with it, an Order has just been made shutting down 140 turbines near Ashfield-Colborne-Wawanosh. The order was made simply because their operator, K2 Wind can’t comply with the conditions of its planning permit or even Ontario’s (extremely lax) noise regulations. Needless to say, the local farmers’ delight is…

View original post 822 more words

Milton Friedman Speaks – Myths That Conceal Reality

Austerity Britain: Smoke in the Valley, 1948–51 by David Kynaston (2007)

Simon's avatarBooks & Boots

David Kynaston (b.1951) has written about 16 history books on broadly three topics: cricket, the City of London, and Britain after the Second World War. His post-war histories have been published as three volumes, each of which – rather confusingly – contained two books:

This is a review, or notes on, book two of volume one, Austerity Britain: Smoke in The Valley, which covers the years 1948 to 1951 i.e. from the inauguration of the National Health Service on 5 July 1948 to Labour’s defeat in the October 1951 general election.

In 1940 Somerset Maugham published a collection of short stories titled The Mixture As…

View original post 2,157 more words

The Plantagenets (1) by Dan Jones (2012)

Simon's avatarBooks & Boots

The House of Plantagenet held the English throne from 1154 (with the accession of King Henry II) until 1485 (when Richard III was killed at the Battle of Bosworth).

The origin of ‘plantagenet’

The family name comes from Geoffrey V, Count of Anjou in north-west France (tucked in behind Normandy and Brittany) from 1113 to 1151, and here’s why:

When Henry I of England’s only son and heir, William Aetheling, drowned in the White Ship disaster of 1120, Henry took a second wife, Adeliza, in the hope of having another son, but their marriage was childless. So Henry named his daughter, Matilda, born in 1102, as his heir and called the nobles of England together to vow to accept her as monarch after his death. All he had to do now was marry her off to another royal family. Henry received various offers for Matilda’s hand and eventually chose the 15-year-old…

View original post 5,022 more words

Image

The sack of Constantinople in 1204

Simon's avatarBooks & Boots

There was never a greater crime against humanity than the Fourth Crusade. (Sir Steven Runciman, 1954)

Until I read John Julius Norwich’s account of the Fourth Crusade, which ended with the devastating sack of Constantinople in 1204, I hadn’t appreciate what a seismic and unmitigated disaster it was.

Norwich’s account of the Latins’ destruction of the biggest, richest city in the world was so harrowing I was depressed for days and found it difficult to continue reading the book in which he describes it, Byzantium: The Decline and Fall.

Like reading detailed accounts of Hiroshima, I just felt that…. after seeing humanity revealed in such appalling colours, why… why go on with anything?

For me, personally, the reason to go on is to understand better. Not to understand perfectly, which I am confident, or acknowledge, is beyond human wit. But just because perfect understanding is an impossible platonic absolute…

View original post 6,259 more words

A Dialogue Between a Trans Woman and a Feminist Who Isn’t Just A Figment of The Trans Woman’s Mind

channellightvesselautomatic's avatarJane Clare Jones

Painting by John William Waterhouse

Well now. Isn’t this nice. In the middle of a huge fight in which I spend a great deal of my time trying to persuade male people that we’re not just projections that exist in their heads, but are actually, y’know, whole real people in our own right, the trans philosopher Rachel Anne Williams has decided to resurrect an ancient philosophical device and treat us to some imaginings about us.

Let’s see what we say shall we?

—————

If you’ve ever had the pleasure of getting into an internet debate with “gender critical” feminists when it comes to issues surrounding gender, you’d know that one of their constant demands is for trans women to define “woman”. This is their ultimate “gotcha” — their best attempt to prove that trans activists are full of bullshit.

  • Yup, that’s right, our concerns about the definition of the political category to which we belong and…

View original post 4,307 more words

Two pieces on Martin Luther King, Jr. and the new allegations against him

whyevolutionistrue's avatarWhy Evolution Is True

It is curious that the accusations of sexual misconduct committed by Martin Luther King, Jr., recently published in Standpoint by his biographer, the distinguished civil rights historian David Garrow, have largely been ignored by the mainstream press. I think it’s because the press doesn’t know how to respond to accusations of rape-enabling and abuse of women by someone as distinguished as Dr. King—someone who did more than anyone else to bring civil rights to African Americans in the last century. Given the cognitive dissonance among the Authoritarian Left when two of their values collide (another example is feminism vs. Islamic misogyny), I wondered if King would be given more of a pass than others because of his accomplishments. Although the accusations against King are still under legal seal until 2027, many have been deemed guilty by allegations as unsubstantiated as those against Dr. King.

My own take so far…

View original post 1,265 more words

Milton Friedman on Donahue – 1979 (First Appearance)

Previous Older Entries Next Newer Entries

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

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