Here is a gloomy account from Vladimir Mirov: Ruble depreciation will contribute to inflation even further, as Russia is continued to be heavily reliant on imports – this is a kind of self-sustaining spiral. I also strongly disagree with those who say that cheaper ruble is “good” for exporters and the budget. Exporters have yet […]
How is the Russian war economy doing?
How is the Russian war economy doing?
08 Dec 2024 1 Comment
in applied price theory, defence economics, development economics, economic growth, economics of regulation, entrepreneurship, fiscal policy, growth disasters, income redistribution, industrial organisation, international economics, law and economics, macroeconomics, monetary economics, property rights, Public Choice, war and peace Tags: Russia, Ukraine
NZ Nursing Council Raises A Middle Finger To Health Minister Shane Reti And The Coalition Government.
08 Dec 2024 1 Comment
in discrimination, economics of bureaucracy, economics of education, economics of regulation, health economics, human capital, labour economics, labour supply, liberalism, Marxist economics, occupational choice, occupational regulation, politics - New Zealand, Public Choice Tags: free speech, political correctness, regressive left
What follows are Scope of Practice requirements for Enrolled and Registered Nurses from 25 January 2025. There are some small differences in requirements but the points I am highlighting are the same and what follows is for Enrolled Nurses. Scope of Practice Enrolled Nurses Enrolled nurses in Aotearoa New Zealand reflect knowledge, concepts and worldviews of both tangata whenua and tangata […]
NZ Nursing Council Raises A Middle Finger To Health Minister Shane Reti And The Coalition Government.
Halifax Explosion – Peace in the East? | THE GREAT WAR Week 176
08 Dec 2024 Leave a comment
in defence economics, war and peace Tags: World War I
Reality Collides: Constant Blackout Threat Spells Doom For Wind & Solar ‘Transition’
07 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia Tags: celebrity technologies, solar power, wind power
A run of calm nights (particularly during very hot or very cold weather) reveals the utter pointlessness of intermittent wind and solar. And, so it is in the land Downunder. Australia’s hard Green-Left Federal government is doing its best to stare down reality, as its grand wind and solar ‘transition’ unravels. The so-called energy ‘policy’ […]
Reality Collides: Constant Blackout Threat Spells Doom For Wind & Solar ‘Transition’
Natasha Hausdorff gives better than she gets at the Oxford Union debates
07 Dec 2024 Leave a comment
in defence economics, laws of war, liberalism, Marxist economics, war and peace Tags: free speech, Gaza Strip, Israel, Middle-East politics, political correctness, regressive left, war against terror
The most recent Oxford Union debate was both odious and raucous, and you can read about it in a piece by Niall Ferguson at The Free Press (archived here). An excerpt: Something is rotten in the state of Britain. It was epitomized by a recent [Nov. 28] event at the Oxford Union, the 201-year-old debating […]
Natasha Hausdorff gives better than she gets at the Oxford Union debates
Syria and The War Of All Against All
07 Dec 2024 Leave a comment
in defence economics, laws of war, war and peace Tags: Middle-East politics, Syria, war against terror
As if the Middle East is not rent by enough warfare already – with Israel fighting Hamas, Hezbollah and the Houthis in South Yemen, all proxy fighters for Iran, which itself has attacked Israel twice with mass bombardment of missiles and been counter-bombed by Israel once, plus numerous smaller scraps between the proxies of Saudi […]
Syria and The War Of All Against All
Why are no trillion dollar companies being created in Europe?
07 Dec 2024 1 Comment
in applied price theory, comparative institutional analysis, economics of regulation, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: employment law
That is the theme of a new Substack by Pieter Garicano, here is one excerpt: These answers, according to a recent paper by Olivier Coste and Yann Coatanlem, two French investors, miss the point: the reason more capital doesn’t flow towards high-leverage ideas in Europe is because the price of failure is too high. Coste estimates that, […]
Why are no trillion dollar companies being created in Europe?
Why are no trillion dollar companies being created in Europe?
07 Dec 2024 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, labour economics, law and economics, property rights
That is the theme of a new Substack by Pieter Garicano, here is one excerpt: These answers, according to a recent paper by Olivier Coste and Yann Coatanlem, two French investors, miss the point: the reason more capital doesn’t flow towards high-leverage ideas in Europe is because the price of failure is too high. Coste estimates that, […]
Why are no trillion dollar companies being created in Europe?
You Have Been Warned
07 Dec 2024 Leave a comment
in health economics Tags: economics of pandemics
New paper in Science, A single mutation in bovine influenza H5N1 hemagglutinin switches specificity to human receptors. If that isn’t clear enough, here is the editor’s summary: In 2021, a highly pathogenic influenza H5N1 clade 2.3.4.4b virus was detected in North America that is capable of infecting a diversity of avian species, marine mammals, and […]
You Have Been Warned
The Naughty List: Former Obama Aides and Liberal Influencers Sell Antifa Line of Holiday Gifts
07 Dec 2024 Leave a comment
in economics of crime, law and economics, Marxist economics, politics - USA Tags: crime and punishment, law and order
It appears no liberal Christmas is complete without the ultimate stocking stuffer: an actual stocking to wear over your face while rioting. While not yet selling face coverings for anonymous violence, Crooked Media, co-founded by former Obama staffers Jon Favreau, Jon Lovett, and Tommy Vietor, is reportedly selling a line of Antifa items for liberals […]
The Naughty List: Former Obama Aides and Liberal Influencers Sell Antifa Line of Holiday Gifts
Take Two Puberty Blockers and Call Me in the Morning? Justice Sotomayor Under Fire For Aspirin Analogy in Oral Argument
06 Dec 2024 Leave a comment
in discrimination, gender, law and economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left, sex discrimination
Supreme Court Justice Sonia Sotomayor is under fire today for seemingly dismissing medical concerns over the risks of puberty blockers and gender surgeries for minors with a comparison to taking Aspirin. In the oral arguments in United States v. Skrmetti, Sotomayor pointed out that there are risks to any medical procedure or drug. However, the […]
Take Two Puberty Blockers and Call Me in the Morning? Justice Sotomayor Under Fire For Aspirin Analogy in Oral Argument
Wind and Solar Can’t Support the Grid
06 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia Tags: solar power, wind power
by Planning Engineer (Russ Schussler) In October of 2025, the isolated small city of Broken Hill in New South Wales, Australia with a 36 MW load (including the large nearby mines) could not be reliably served by 200 MW of wind, a 53 MW solar array, significant residential solar, and a large 50 MW battery […]
Wind and Solar Can’t Support the Grid
Climate Lawfare Goes International
06 Dec 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, property rights Tags: lawfare
DW reports on hearings underway at ICJ International Court of Justice in the Hague. Overview of the proceedings in italics with my bolds. Vanuatu urges ICJ to recognise climate change harms The outcome of the landmark case could lead to the establishment of legal framework for holding countries accountable in the fight against climate change. […]
Climate Lawfare Goes International
The Kiwirail black hole
06 Dec 2024 Leave a comment
in applied price theory, economics of bureaucracy, financial economics, industrial organisation, law and economics, politics - New Zealand, Public Choice, survivor principle
Bronwyn Howell writes: KiwiRail is a state-owned enterprise, and so by law its principal objective is “to operate as a successful business”.1 Success in the business world means that you provide something that your customers are willing to pay for, at a price for that exceeds your cost of production, leaving something to reward your owners/investors…
The Kiwirail black hole
Royal Covid Commission report says “NZ’s vaccination rollout was slightly slower to get started than in some other countries”. And Pigs Fly.
06 Dec 2024 Leave a comment
in health economics, politics - New Zealand Tags: economics of pandemics
The Australian Commonwealth Government COVID-19 Response Inquiry slammed that country’s late “stroll-out” of the vaccine. It meant politicians viewed lock-downs as their only tool of control. According to the Sydney Morning Herald some of “the Inquiry’s most specific criticism was around the delayed vaccine rollout ahead of the Omicron variant which swept through country at…
Royal Covid Commission report says “NZ’s vaccination rollout was slightly slower to get started than in some other countries”. And Pigs Fly.
Utopia, you are standing in it! 
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