Freedom as a solution to poverty @Oxfam
24 Apr 2016 Leave a comment
in Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of media and culture, growth miracles Tags: Bill Easterly, The Great Escape, The pretence to knowledge
New Book by Chris R. Tame
24 Apr 2016 Leave a comment
in economics of media and culture
Not Just Tobacco: Health Scares,
Medical Paternalism, and Individual Liberty
Chris Tame (1949-2006) was the Founder and Director of the Libertarian Alliance, and was the most prominent British libertarian of his age. Between 1990 and 1995, he directed the Freedom Organisation for the Right to Enjoy Smoking Tobacco (FOREST)
The current war against tobacco should not be seen as an isolated phenomenon. Indeed it cannot be understood fully – or effectively criticised – outside of a much broader context, including those of ethics, political ideology, the nature of special interest groups, class conflict, and the nature of science, amongst others. In this book, the war against tobacco is placed in the context of the myriad other health scares and paternalist campaigns that seem to monopolise so much of the media’s space and attention.
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Blade Runner – Final scene, "Tears in Rain" Soliloquy
24 Apr 2016 Leave a comment
in economics of media and culture
SunnyBoys – ‘Alone With You’ on Countdown
23 Apr 2016 Leave a comment
in economics of media and culture, Music Tags: Sunny Boys
The Easybeats – She’s So Fine
23 Apr 2016 Leave a comment
in economics of media and culture, Music Tags: The Easybeats
The Go-Betweens: “Spring Rain”
23 Apr 2016 Leave a comment
in economics of media and culture, Music Tags: The Go-Betweens
You have to love the restraint this #cat is showing this puppy
23 Apr 2016 Leave a comment
in cats, economics of media and culture Tags: puppies
Economics Can Be Fun, Honest! Lessons for Trump, Clinton and Sanders.
23 Apr 2016 Leave a comment
in economics of media and culture
Dr. Madsen Pirie, President of the Adam Smith Institute is explaining how basic economics is based on fundamental understanding of human nature. I posted this back in 2012, and found it in the archives when one visitor called it to my attention. This clearly demonstrates why Donald Trump doesn’t understand Trade at all, and is up the river without a paddle for his canoe. Ditto Hillary and Bernie.
Economics often seems too complicated for us everyday mortals, but it’s just based on understanding the real world. The workings of the market, the everyday buying and selling, profit and loss, tell us, if we choose to pay attention, how money, trade and markets really work.
Never fear, these are all really, really short, and worth your time.
Economics can be fun, and here’s another lesson: Economics is fun, Part 2. All about Price. How do products get priced, and what…
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Fossil Fuels: The Greenest Energy #earthday @Oxfam
23 Apr 2016 Leave a comment
in economics of media and culture, energy economics, environmental economics, global warming Tags: Fossil Fuels
Brexit is a one-way door
23 Apr 2016 Leave a comment
in economics of media and culture
In his annual letter to shareholders, published earlier this month, Amazon CEO Jeff Bezos said this about decision-making:
Some decisions are consequential and irreversible or nearly irreversible – one-way doors – and these decisions must be made methodically, carefully, slowly, with great deliberation and consultation. If you walk through and don’t like what you see on the other side, you can’t get back to where you were before. We can call these Type 1 decisions. But most decisions aren’t like that – they are changeable, reversible – they’re two-way doors. If you’ve made a suboptimal Type 2 decision, you don’t have to live with the consequences for that long. You can reopen the door and go back through. Type 2 decisions can and should be made quickly by high judgment individuals or small groups.
And the consequences of using the wrong type of decision-making process:
As organizations get larger…
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#MorganFoundation errors about @nzinitiative’s Health of the State – part 2
23 Apr 2016 Leave a comment
in economics of media and culture, economics of regulation, health economics, politics - New Zealand Tags: anti-market bias, do gooders, meddlesome preferences, Morgan Foundation, nanny state, political psychology, rational rationality
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