Celebrating humanity's flourishing through the spread of capitalism and the rule of law
15 May 2024 Leave a comment
in energy economics, entrepreneurship, environmental economics, financial economics, global warming, industrial organisation, survivor principle Tags: Germany, solar power
Germany’s costly and chaotic wind and solar transition has served up plenty of casualties. Large numbers of energy intensive manufacturers have already bailed out – chasing cheap power prices in places like the US and Singapore. Now, in a rather ironic twist, its solar panel manufacturing industry has all but thrown in the towel. Notwithstanding […]
Business Freeze: Germany’s Last Solar Panel Manufacturers Finally Crushed
14 May 2024 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, politics - USA, survivor principle Tags: wind power
America’s offshore wind industry is collapsing, both figuratively and literally. Offshore turbines have grown in capacity and size to the point where they simply collapse into the ocean. As do the financial prospects of those seeking to profit from them. One of the key players offshore – GE’s renewables division – backed up a solid […]
Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates
24 Apr 2024 Leave a comment
in economics of bureaucracy, economics of climate change, environmental economics, environmentalism, financial economics, global warming, industrial organisation, law and economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, survivor principle Tags: climate alarmism
Eric Crampton writes – The Reserve Bank of New Zealand desperately wants to find reasons to have workstreams in climate change. It makes little sense.
Still no prudential regulation case around climate change
15 Apr 2024 Leave a comment
in economics of bureaucracy, economics of media and culture, industrial organisation, managerial economics, market efficiency, organisational economics, personnel economics, politics - New Zealand, privatisation, Public Choice, public economics, survivor principle Tags: media bias
Hosking went after Radio New Zealand this morning and it was bad.The Mike Hosking Breakfast, 0600 till 0900 has three producer/support staff, Radio NZ Morning report has 16 production staff to cover the same five day time slot, yet the state run highly subsidised show falls way behind in ratings.. That 16 figure for production […]
No Knife But A Bloodletting Nevertheless.
13 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of regulation, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, Marxist economics, poverty and inequality, property rights, Public Choice, public economics, survivor principle, theory of the firm Tags: economics of socialism, regressive left
Not that the socialist in question, Professor Richard D. Wolff, realises that’s what he’s doing in the Q&A video below – and he’s not talking about traditional Communist Command and Controlled Economies. What he’s actually describing is a very pure form of socialism, the sort only vaguely imagined by Marx, Engels and other communists when […]
A Socialist Explains Why Socialism Can’t Work
09 Apr 2024 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, survivor principle
A WSJ article by Alexandra Bruell reports that three years ago the Atlantic magazine ran a $20 million deficit which led to layoffs. A new boss, Nick Thompson, was tasked with turning this around. Along with editorial changes toward longer investigative pieces rather than breaking news, the Atlantic raised subscription prices 50%. How did he…
Pricing the Atlantic
13 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economic history, entrepreneurship, history of economic thought, income redistribution, international economics, labour economics, labour supply, poverty and inequality, Public Choice, rentseeking, survivor principle, unemployment Tags: creative destruction, free trade, tariffs
TweetProf. Angus Deaton Princeton University Prof. Deaton: Over the years I’ve learned much from your writings, and I regard your 2013 The Great Escape as one of the most important books published in the past 15 years. So I was quite surprised and disappointed to read that you, as you say, are now “much more…
An Open Letter to Nobel-laureate Economist Angus Deaton
11 Mar 2024 1 Comment
in applied price theory, economic history, economics of bureaucracy, economics of media and culture, income redistribution, industrial organisation, law and economics, market efficiency, movies, politics - New Zealand, property rights, Public Choice, public economics, rentseeking, survivor principle, theory of the firm, urban economics Tags: Wellington
Both Matt Nippert of the NZ Herald and Tom Hunt of The Post deserve a bouquet for their analyses of the truly remarkable deal between the Wellington City Council (WCC) and the troubled American Cinema company Reading. For this who don’t know, Reading owns a large (more than 14, 000 square metres or 1.4 hectares) […]
Reading deal – rare media bouquet
10 Mar 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of information, economics of media and culture, economics of regulation, entrepreneurship, income redistribution, industrial organisation, managerial economics, market efficiency, organisational economics, personnel economics, politics - New Zealand, Public Choice, public economics, rentseeking, survivor principle, theory of the firm Tags: media bias
A few weeks ago I joined some contemporaries by abandoning the near sixty year habit of watching nightly TV news. I dropped it because I felt it did not give me real information that I had not acquired from other media sources, including some I pay for – The Economist, the NZ Herald, The Atlantic […]
TV layoffs not a threat to democracy
09 Mar 2024 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, market selection, media bias
David Farrar writes – Stuff reports: Facebook owner Meta has refused to continue paying for news in Australia, announcing it will end its deals with local publishers when they expire this year in a decision that news companies say blatantly ignores the value of their journalism. The government also blasted the move, describing it as “a […]
DAVID FARRAR: Meta withdraws Facebook News in Australia
03 Mar 2024 Leave a comment
in economics of information, economics of media and culture, entrepreneurship, financial economics, industrial organisation, politics - New Zealand, survivor principle Tags: media bias
Could anything have saved it? The real surprise is not that Newshub is going under but that it’s lasted this long. TV 3 started broadcasting in November 1989, almost 35 years ago. It was a different era. There was no Sky, no digital platforms and the new kid on the block was going head to head…
PETER WILLIAMS: RIP Newshub
02 Mar 2024 Leave a comment
in economics of information, economics of media and culture, industrial organisation, market efficiency, politics - New Zealand, survivor principle, theory of the firm Tags: creative destruction
Economics 101 explains why Newshub Bankrupted – it was the fault of its own journalists who should recognize they were the architects of their own demise. A thousand books and papers in economics and business strategy are about the topic of product differentiation – ensuring that what you sell is different from others in order…
ROBERT MacCULLOCH: Economics 101 explains why Newshub Bankrupted
01 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, survivor principle Tags: celebrity technologies, wind power
Europe’s wind industry is in its death throes. Denmark’s Ørsted share price plummeted 25% late last year, and after slashing dividends to shareholders was forced to write $billions off the projected value of its US offshore projects, and its share price is still heading south. Europe’s turbine manufacturers are bleeding cash and their shares will […]
Europe’s Wind Industry Faces Total Oblivion & Slovakia Cans All Wind Projects
29 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, industrial organisation, survivor principle Tags: creative destruction
I’ve referred to “creative destruction” as the “best and worst part of capitalism.” This short video from the Fraser Institute is a good tutorial on the topic. The core message is that entrepreneurs improve our lives by coming up with new ideas, new technologies, and new products. That’s the good news. The bad news is […]
The Economics of Creative Destruction, Part II
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
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.”
Researching the House of Commons, 1832-1868
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Small Steps Toward A Much Better World
“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.
Utopia, you are standing in it! 
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