28 May 2019
by Jim Rose
in applied price theory
Fruits and Votes
Today, the Knesset of Israel took the first step towards passing a bill to dissolve itself and set an early election, probably for 9 September. This came after Yisrael Beitenu leader Avigdor Liberman said he would not join an emerging government coalition that he claimed would be a halakha government. He was referring to the demands in such a coalition of the two Haredi Knesset factions, Shas and United Torah Judaism. (Halakha is Jewish law.)
It is still possible that this is all an elaborate ploy by PM Benjamin Netanyahu and his various allies to pressure Liberman into backing down. However, Liberman himself has said he welcomes new elections, and the preliminary reading of the elections bill passed with 65 votes, or exactly the number that the putative right/Haredi coalition would have if Yisrael Beitenu’s five seats are included.
In the 2019(a?) election in April, Netanyahu’s Likud won 35…
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28 May 2019
by Jim Rose
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, growth disasters, growth miracles, income redistribution, industrial organisation, international economics, law and economics, property rights, Public Choice, public economics, rentseeking, survivor principle, technological progress
Tags: competition law, The Great Enrichment
27 May 2019
by Jim Rose
in applied price theory, comparative institutional analysis, development economics, economic history, economics of regulation, entrepreneurship, industrial organisation, labour economics, law and economics, macroeconomics, Milton Friedman
26 May 2019
by Jim Rose
in applied price theory, discrimination, economic history, economics of crime, economics of education, health economics, human capital, labour economics, labour supply, occupational choice, poverty and inequality
Tags: racial discrimination
26 May 2019
by Jim Rose
in applied price theory
Media Myth Alert
Few media-driven myths are as tenacious as the notion that Edward R. Murrow abruptly ended the communists-in-government witch-hunt of Senator Joseph R. McCarthy.
The myth dates to March 9, 1954, when Murrow’s 30-minuteSee It Now program on CBS television examined the campaign of innuendo, exaggeration, and half-truth that McCarthy had been waging for more than four years.
And the myth was invoked today at Minnesota Public Radio’s online site, in a commentary that declared:
“In the spring of 1954, McCarthy’s crusade of insinuation, innuendo and guilt by association was brought to an end by journalist Edward R. Murrow and Joseph Welsh, attorney for the U.S. Army.”
(The commentary mentioned Welsh because he dramatically confronted McCarthy at a congressional hearing in June 1954, pointedly asking the senator: “Have you no sense of decency, sir? At long last, have you left no sense of decency?”)
As for Murrow, though, his
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25 May 2019
by Jim Rose
in applied price theory
მატიანე
At the age of four, my daughter earned her second diploma. When she was two, she graduated with the highest possible honors from theToddler Room at her nursery school in Colorado. Two years later she graduated from the preschool of the Jewish Community Center, where she matriculated on our return to New York State.
At the graduation ceremony, titled Friends of the Earth, I was lectured by four- and five-year-olds on the importance of safe energy sources, mass transportation, and recycling. The recurring mantra was “With privilege comes responsibility” as in “With the privilege of living on this planet comes the responsibility to care for it.” Of course, Thomas Jefferson thought that life on this planet was more an inalienable right than a privilege, but then he had never been to preschool.
I’d heard some of this from my daughter before and had gotten used to the idea that she…
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25 May 2019
by Jim Rose
in applied price theory
Science Matters
Models vs. Observations. Christy and McKitrick (2018) Figure 3
The title of this post is the theme driven home by Patrick J. Michaels in his critique of the most recent US National Climate Assessment (NA4). The failure of General Circulation Models (GCMs) is the focal point of his presentation February 14, 2018. Comments on the Fourth National Climate Assessment. Excerpts in italics with my bolds.
NA4 uses a flawed ensemble of models that dramatically overforecast warming of the lower troposphere, with even larger errors in the upper tropical troposphere. The model ensemble also could not accommodate the “pause” or “slowdown” in warming between the two large El Niños of 1997-8 and 2015-6. The distribution of warming rates within the CMIP5 ensemble is not a true indication of a statistical range of prospective warming, as it is a collection of systematic errors. Despite a glib statement about this Assessment fulfilling…
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24 May 2019
by Jim Rose
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, economic history, economics of education, health and safety, history of economic thought, human capital, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, minimum wage, occupational choice, poverty and inequality, Public Choice, survivor principle, technological progress
Tags: distributive justice
23 May 2019
by Jim Rose
in applied price theory
Point of Order
In case you missed it, the Speaker of the House of Representatives, Trevor Mallard, reckons Act leader David Seymour is a bully.
The Speaker spoke on TV One’s Breakfast yesterday after publication of the review which found bullying is widespread in Parliament.
Interviewer John Campbell couldn’t resist dragging Seymour into considerations: he asked if it had been bullying or robustness, when Seymour described Green MP Golriz Ghahraman as “a real menace to freedom in this country.”
Mallard replied:
“In my opinion it did step over the line. Its not a breach of privilege because it didn’t happen in the House. It’s not a criminal offence but I think it showed poor judgement….”
Campbell: “Do you think it was bullying?”
Mallard: “Ah, yes…”
View original post 1,198 more words
23 May 2019
by Jim Rose
in applied price theory
Point of Order
Winston Peters is too astute a politician to be oblivious to the outcome in what Opposition parties across the Tasman labelled the “climate change election”. Almost certainly, when he spoke in the debate of the Climate Change Response (Zero Carbon) Amendment Bill on Tuesday afternoon, he was thinking of how the Australian Federal Labor Party lost the “unloseable” election simply because it campaigned so hard on what voters assessed as too demanding, and too costly, measures to combat global warming.
How else to explain his rambling defence of NZ First’s support for the bill? It was, almost word by word, as if he could feel support for NZ First in the rural regions evaporating.
He started by asking why the House was having the debate. His answer: because the previous National government had signed up to the Paris Agreement.
He went on to say the bill fulfills…
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23 May 2019
by Jim Rose
in applied price theory
Why Evolution Is True
Well, here we go again: another Jesus and Mo strip that the Pakistani government will eventually deem “blasphemous,” forcing WordPress to block this post in Pakistan. So it goes:
Today’s Jesus and Mo strip, called “tax”, has this caption:
The story behind the problematic new definition of Islamophobia is here.
That story gives the definition of “Islamophobia” by the APPG (all parliamentary party group) as this:
The APPG’s definition, which was proposed in a report in November, says “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness”.
Note the problem: conflating bigotry against Muslims with “target expression of Muslimness”, which could be Islamic doctrine itself. As the National Secular Society (NSS) reports, there are objections, expressed in an open letter to Home Secretary Sajid Javid:
The NSS’s chief executive Stephen Evans was one of a diverse range…
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23 May 2019
by Jim Rose
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of crime, economics of education, entrepreneurship, industrial organisation, labour economics, law and economics, property rights, Public Choice, Rawls and Nozick
Tags: Jason Brennan
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