Why So Many Airlines are Going Bankrupt
11 Oct 2019 Leave a comment
in entrepreneurship, industrial organisation, survivor principle, transport economics Tags: creative destruction
Camille Paglia – Women should regard men with a mix of gratitude and rational fear
11 Oct 2019 Leave a comment
in discrimination, economics of crime, economics of education, economics of love and marriage, gender, health and safety, human capital, labour economics, labour supply, law and economics, occupational choice Tags: evolutionary psychology, political correctness, regressive left
More Sloppy Analysis from the New York Times
10 Oct 2019 Leave a comment
The New York Times is going overboard with disingenuous columns.
A few days ago, I pointed out the many errors in David Leonhardt’s column extolling the wealth tax.
I also explained back in August how Steven Greenhouse butchered the data when he condemned the American economy.
And Paul Krugman is infamous for his creative writing.
But Mr. Leonhardt is on a roll. He has a new column promoting class warfare tax policy.
Almost a decade ago, Warren Buffett made a claim that would become famous. He said that he paid a lower tax rate than his secretary, thanks to the many loopholes and deductions that benefit the wealthy.
…“Is it the norm?” the fact-checking outfit Politifact asked. “No.” Time for an update: It’s the norm now. …the 400 wealthiest Americans last year paid a lower total tax rate — spanning federal, state and local taxes — than any other…
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Uncommon Knowledge, with Author and Columnist Douglas Murray
10 Oct 2019 Leave a comment
In this issue of Uncommon Knowledge from the Hoover Institute, Peter Robinson is joined by British author and columnist Douglas Murray to discuss “The Death of Europe.” Important and chilling. You can just shove stuff to the side and avoid taking it on for so long, but at some point you have to take a hard look at what is, and decide what, if anything, you are willing to do or even can do about it. Do watch the whole thing, it is important.
Jeff King: The Prime Minister’s Constitutional Options after the Benn Act: Part II
10 Oct 2019 Leave a comment
This is the second of a two-part discussion of this theme. The first part addressed the obligations under the Benn Act and the legal response to attempts to frustrate it; this second part addresses non-confidence motions, resignation and change of Government. Heading numbering is continued from Part 1.
5. Non-confidence procedure under the FTPA – the PM ‘squats’
Section 2 of the FTPA provides for an early election if a motion in the words ‘That this House has no confidence in Her Majesty’s Government” is passed in the Commons and another in the form ‘That this House has confidence in Her Majesty’s Government.’ does not pass within fourteen calendar days. In its 2010 Report (HL Paper 69) on the Fixed-term Parliaments Bill, the Constitution Committee concluded at [121] that the provision ‘does make it clear that an alternative government can be formed.’ The Explanatory Note to section 2(3) simply states…
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Hayek on the pre-Keynesian explanation for mass unemployment
10 Oct 2019 Leave a comment
in Austrian economics, business cycles, economic history, F.A. Hayek, great depression, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: Keynesian macroeconomics
William Nordhaus on DICE, PAGE and FUND not modelling tipping points
10 Oct 2019 Leave a comment
in applied welfare economics, econometerics, energy economics, environmental economics, global warming, public economics
My favourite economist joke as told by David Friedman
10 Oct 2019 Leave a comment
in applied price theory, David Friedman, economics of crime, economics of information, law and economics Tags: agent principal problem, asymmetric information, moral hazard
Robert Trivers Remebering Darwin
10 Oct 2019 Leave a comment
in economics of education Tags: evolutionary psychology
Watch “The Unforeseen Issue With Skyscraper Canyons and trees – Cheddar Explores
10 Oct 2019 Leave a comment
in environmental economics, transport economics, urban economics Tags: air pollution
Steven Pinker: Modern Denial of Human Nature
10 Oct 2019 Leave a comment
in economics of education, economics of information, economics of media and culture, economics of religion, health economics Tags: evolutionary psychology
Why do we take some environmental impacts for granted?
09 Oct 2019 Leave a comment
As California tries to reduce the risk of catastrophic wildfire, the state has run into an unexpected obstacle: air pollution regulation. The New Yorker reports on how this regulation has paradoxically blocked prescribed burns and other risk-reduction methods, even though they reduce air pollution overall:
The California Air Resources Board restricts prescribed burns to days when pollution is at acceptable levels and the weather likely to disperse emissions from fire. In practice, this means that burning can occur only during a few weeks in the spring. In summer and autumn—the seasons when forests would burn naturally—the state’s air usually falls foul of the Clean Air Act. These are also the months that are most prone to uncontrollable wildfires, whose smoke is far more damaging to human health than that from prescribed fire. But, perversely, because wildfires are classified as natural catastrophes, their emissions are not counted against legal quotas.
This…
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