This is the last full day of Joe Biden’s dismal presidency, so let’s do what we did with Justin Trudeau and reflect on his pathetic legacy. I’ve already provided my own economic assessment of Biden’s record, so now let’s review how he is seen by others. We’ll start with the American people. According to a […]
The Fed, which some claim is an unconstitutional body anyway, has noticed the US is changing its leader, so has performed a political manoeuvre by deciding that from now on ‘greening the financial system’ – whatever that means – is somebody else’s problem, officially at least. The decision follows on from various leading banks leaving […]
Tweet… is from page 53 of the late, great Harold Demsetz’s excellent 2008 book, From Economic Man to Economic System: Adam Smith and Thomas Malthus differed in their forecasts of mankind’s future. Smith (1776), in his Wealth of Nations, offered an optimistic view, basing this on his understanding of the new economic system that began…
The executive order is another eleventh-hour move in what appears to be an effort to stymy President-elect Donald Trump’s energy agenda, which is expected to include a vast expansion of oil and gas drilling on federal lands and waters. Biden announced a ban Monday for future offshore oil and gas activity across 625 million acres of the outer continental shelf, citing a law that could prevent a successive administration from easily reversing the policy.
Stuff reports: Reading Cinemas is set to return to Wellington after it was revealed on Tuesday night that the cinema chain’s owner, Reading International, intends to undertake a redevelopment of the old building. The company has entered into a Sale and Purchase Agreement with Prime Property Group, with part of the deal including a seismic upgrade […]
From REASON: On January 7, Newsom issued a state of emergency as fires spread in Los Angeles County. On Tuesday, Newsom signed Executive Order N-7-25, prohibiting buyers for three months from “making any unsolicited offer to an owner of real property” in fire-affected areas “for an amount less than the fair market value of the…
In this 12-second video, Margaret Thatcher is talking about the Labour Party in the United Kingdom, but her warning has universal application. And when I say her warning has universal application, I’m not joking. Politicians generally can’t resist the temptation to buy votes. And I fear that this can and will happen at all levels […]
Blaming climate change for these disasters only deflects attention away from actual causes. Fabrications linking rising CO2 to wildfires should be ignored. Governments must employ solutions that will truly protect people and their property from the unstoppable, natural conditions enabling devastating fires.
How’s the Green New Deal working out in Germany? Not very well at all. Firstly, Germany has been in recession for almost 2 years now – thanks mostly to the policies of Economics Minster Robert Habeck (Green Party), who incidentally has no education in economics, business or finance. The guy just doesn’t know what he’s…
One of the world’s top economists has written an expert court report that forcefully supports a group of children and young adults who have sued the federal government for failing to act on climate change. (Source: Inside Climate News here) Excerpts in italics with my bolds. Stiglitz, a Columbia University economics professor and former World […]
TweetIn the Spring of 2023 I had the honor of delivering, at the Richmond Fed, the annual Sandridge Lecture to the Virginia Association of Economists. The text of that lecture – the title of which is “The Role of the Economic Scholar in Highly Politicized Society” – is available here. And pasted below are two…
When Americans supported the Endangered Species Act, these were some of the species they had in mind…not bait fish.
Many supporters of sensible climate science policies have gone into great depth about the realities of climate change because of these fires. However, this is the first time I recall “climate crisis’ propaganda posts being so heavily ratioed.
TweetGMU Econ alum Holly Jean Soto busts the myth of “greedflation.” Scott Lincicome identifies an interesting contrast between the facts and opinion about China. George Will decries the spinelessness of the modern U.S. Congress. A slice: The incoming president will be able, on a whim, to unilaterally discombobulate international commerce — and the domestic economy…
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.
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.”
“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.
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