190308 [Webinar] Consistent Economic Policy and Economic Development
29 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, defence economics, economic growth, economic history, economics of information, Euro crisis, fiscal policy, fisheries economics, global financial crisis (GFC), great recession, growth disasters, growth miracles, history of economic thought, human capital, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics, Public Choice, public economics, unemployment
Beijing Breaks Seven Decade Cold Weather Record
28 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: China
I wonder how their solar panels and frost sensitive EVs are working out for them?
Beijing Breaks Seven Decade Cold Weather Record
The Great Enrichment
28 Dec 2023 Leave a comment
in development economics, economic history, growth miracles, health economics Tags: child mortality, life expectancies, The Great Escape

📸 Look at this post on Facebook
https://www.facebook.com/share/1oKCJzMCE5JGZ2r3/?mibextid=RXn8sy
After COP28: What Transition From Hydrocarbons?
25 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming

How Do You Want Your Energy ‘Transition’? Mario Loyola wrote at The Wall Street Journal The Impossible Energy ‘Transition’. Excerpts in italics with my bolds. After two weeks of negotiation, the United Nations climate conference in Dubai agreed last week to “transition away” from fossil fuels. Left unanswered is whether governments are supposed to do […]
After COP28: What Transition From Hydrocarbons?
Interview with Angus Deaton: Critiques of Cosmopolitan Prioritarianism and Randomized Control Trials
25 Dec 2023 Leave a comment
in applied price theory, development economics, econometerics, experimental economics, growth disasters, growth miracles, history of economic thought
David A. Price of the Richmond Fed carries out an interview titled “Angus Deaton: On deaths of despair, randomized controlled trials, and winning the Nobel Prize” (Econ Focus: Federal Reserve Bank of Richmond, Fourth Quarter 2023, pp. 18-22). Here are a few of Deaton’s comments that caught my eye: On his shift from “cosmopolitan prioritarianism” to…
Interview with Angus Deaton: Critiques of Cosmopolitan Prioritarianism and Randomized Control Trials
Argentina Milei reform impressions
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, constitutional political economy, development economics, economic growth, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, history of economic thought, income redistribution, international economics, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics, property rights, Public Choice, public economics, rentseeking, unemployment Tags: Argentina
I didn’t have much time in Argentina, but I can pass along a few impressions about how Milei is doing, noting I hold these with “weak belief”: 1. He is pretty popular with the general population. He is also popular in B.A. in particular. People are fed up with what they have been experiencing. It […]
Argentina Milei reform impressions
FMI Public Speaker Series – Finn Kydland
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics, rentseeking
Finn E. Kydland Nobel Lecture at CERGE-EI
22 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of regulation, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, monetary economics, Public Choice, public economics
From Now To 2100 Emission Reduction Policy Costs Greatly Exceed Any Net Benefit from Averted Warming
20 Dec 2023 Leave a comment
in applied price theory, applied welfare economics, development economics, econometerics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: climate alarmism
The benefits of not meeting Paris Accord emissions-reduction targets outweigh the costs associated even with worst-case-scenario global warming throughout the 21st century.
From Now To 2100 Emission Reduction Policy Costs Greatly Exceed Any Net Benefit from Averted Warming
Brendan O’Neill: COP28 and the scourge of eco-imperialism
18 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: The Great Enrichment
…but for billions of people such stations are the difference between life and death, light and dark, food and no food.
Brendan O’Neill: COP28 and the scourge of eco-imperialism
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
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
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
Afuera!
13 Dec 2023 Leave a comment
in development economics, growth disasters, liberalism, libertarianism, Marxist economics Tags: Argentina

Unlike a lot of other people I didn’t get too excited about the election of Javier Milei to the presidency of Argentina, anarcho-capitalism and all. I’ve just been to disappointed by too many “Right-Wing” politicians over the decades, especially the ones who talked about cutting spending and more than that, shrinking the size of the State. […]
Afuera!
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

Recent Comments