New Statesman analysis of climate and trade data exposes how much the UK’s net-zero agenda depends on cheap foreign coal power, particularly from China.
Net Zero’s dirty secret: Britain’s green transition is powered by Chinese coal
Net Zero’s dirty secret: Britain’s green transition is powered by Chinese coal
17 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth miracles
COP28 Optics: Deal to “Transition Away” not “Phase Out” Fossil Fuels
14 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth miracles
Once again equivocation rules climatists. After the uproar over demands to “phase out” hydrocarbon fuel, the wording was changed to say “transition away.” Thus the divide is papered over while alarmists claim agreement was reached to “leave it in the ground.” Others will point to language such as “transition away in a just, orderly and […]
COP28 Optics: Deal to “Transition Away” not “Phase Out” Fossil Fuels
Creative destruction
13 Dec 2023 Leave a comment
in development economics, economic history, growth miracles, industrial organisation Tags: creative destruction
An Upside-Down Economic History of Argentina
13 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, macroeconomics, Public Choice, public economics, rentseeking, Ronald Coase Tags: Argentina
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War II, Argentina has suffered a dramatic decline in relative living standards. However, something shocking has […]
An Upside-Down Economic History of Argentina
Many Countries Don’t Accurately Report Emissions
08 Dec 2023 Leave a comment
in development economics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles
By Paul Homewood Electricity generation in China and India, and oil and gas production in the US, have produced the biggest increases in global greenhouse gas emissions since 2015, when the Paris climate agreement was signed, new data has shown. Emissions of methane, a greenhouse gas 80 times more powerful than carbon dioxide, […]
Many Countries Don’t Accurately Report Emissions
A Pro-Globalization Banquet
05 Dec 2023 Leave a comment
in applied price theory, development economics, economic history, growth disasters, growth miracles, history of economic thought, income redistribution, international economics, liberalism, Marxist economics, Public Choice, rentseeking Tags: Age of Enlightenment, The Great Enrichment, The Great Escape
If you want to drink deeply of unabashedly pro-globalization essays, the Cato Institute has a “Defending Globalization” project underway. The well-written essays are mostly short or mid-length, and clearly aimed at the general public–including undergraduate students. I can’t hope to summarize the essays here, and indeed, more essays are on their way (and you can…
A Pro-Globalization Banquet
Economic Progress and Fossil Fuels: The Elephant in the Room at U.N. Climate Conference
05 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: India
The reality of economic imperatives, however, will eventually expose the folly of decarbonization plans.
Economic Progress and Fossil Fuels: The Elephant in the Room at U.N. Climate Conference
How to Kill a Country
04 Dec 2023 Leave a comment
in development economics, growth miracles, labour economics, public economics, urban economics Tags: ageing society, economics of fertility, population bomb, South Korea
Much of Seoul is a sea of high-rises. And not just Seoul: Busan and other cities in South Korea have lots of high rises. More than half of all South Korean households live in high rises, and well over 60 percent live in some kind of multifamily housing. Seoul: High … Continue reading →
How to Kill a Country
Biden Admin Pledges Millions To International ‘Climate Reparations’ Fund
02 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: China
The Biden administration has pledged millions of dollars to a de facto international “climate reparations” fund at the United Nations (UN) climate summit in the United Arab Emirates (UAE).
Biden Admin Pledges Millions To International ‘Climate Reparations’ Fund
COP28: India doubles down on right to increase coal power and CO2 emissions
01 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: India
“India cannot survive without coal as it has no other options.” The post COP28: India doubles down on right to increase coal power and CO2 emissions first appeared on Watts Up With That?.
COP28: India doubles down on right to increase coal power and CO2 emissions
Freer Indian reservations prosper more
28 Nov 2023 Leave a comment
in applied price theory, comparative institutional analysis, development economics, growth disasters, growth miracles
Several disciplines in social sciences have shown that institutions that promote cooperation facilitate mutually beneficial exchanges and generate prosperity. Drawing on these insights, this paper develops a Reservation Economic Freedom Index that classifies institutions on a sample of Indian reservations concerning whether these intuitions will enhance the prosperity of Indians residing on these reservations. The…
Freer Indian reservations prosper more
India To Increase Coal Production By 60%
16 Nov 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles
By Paul Homewood Emperor Wind may have no clothes, but King Coal carries on regardless! New Delhi: The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further boost it to 1.577 billion tonne by 2030. Current domestic […]
India To Increase Coal Production By 60%
Reflections on the TCU Capitalism versus Socialism Debate
08 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, Marxist economics, poverty and inequality, privatisation, property rights, Public Choice, public economics Tags: economics of socialism, Sweden
Two days ago at Texas Christian University, I debated Scott Sehon, chair of Bowdoin College’s Philosophy Department, on Capitalism versus Socialism. (Video forthcoming eventually). My opening statement was a slight variation on the one I wrote for an earlier debate on the same topic with Elizabeth Bruenig. Sehon’s opening statement was adapted from his Socialism:…
Reflections on the TCU Capitalism versus Socialism Debate
Utopia, you are standing in it! 
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