
MILTON FRIEDMAN Free To Choose: “Who Protects the Worker?”
17 Aug 2019 Leave a comment
Unions sometimes protect some workers – their members – but usually at the expense of other workers. Government protects its employees and special groups of workers at the expense of other workers.
Both unions and government restrict freedom. Friedman explains how the competition of employers for the talents of workers leads to the highest wages and best working conditions.
The Day We Almost Set the World on Fire
17 Aug 2019 Leave a comment
in defence economics, economic history, war and peace Tags: atomic bomb tests, World War II
BBC approach to gender-segregated events differs with location
16 Aug 2019 Leave a comment
On August 12th a report titled “The Kenyan dance parties where men are banned” appeared on the BBC News website’s ‘Africa’ page.
Readers of that sympathetic report were told that:
“The team behind a new event in Nairobi argues all-women’s dance parties can create safe nightlife spaces for women. […]
“You have to be so strict in a place with men. You just want to go out with your friends and men interfere,” says Jane, 26, who’s come to the party with her best friend Shani.
“So having a space where it’s all women immediately feels safe and you feel you are with people who understand you.””
And:
“Munira, 22 and Khadija, 25 are best friends. As practising Muslims, they often find themselves with minimal options when it comes to night life.
They say that, although women from all faiths attend the all-women parties, they particularly suit…
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How to Restore US Prosperity – Edward C. Prescott
16 Aug 2019 Leave a comment
in business cycles, economic growth, Edward Prescott, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags: real business cycles
#plasticbagfascism comes to @kfcnz: how do you carry 2 drinks if the bag has no handles? Must clasp bag leaving only 1 hand free @eugeniesage?
16 Aug 2019 Leave a comment
in economics of regulation, environmental economics, politics - New Zealand Tags: recycling

scholar-activism: a gentle critique
16 Aug 2019 Leave a comment
This week, I was asked to participate in a panel at ASA about scholar-activism. The panel was organized by Juan Pablo Pardo-Guerra with panelists Daniel Laurison, Philip Cohen and ASA’s Margaret Vitullo. The whole panel was fascinating. Before we get to what I said, I just want to affirm the following so that people on don’t misconstrue what I said:
- I believe that activism is valuable.
- I believe that many scholars are great activists.
- I believe that it would be very good if social scientists contribute to the public.
- There are many excellent sociologists whose work has public impact.
So, then, what’s my beef? I have three points:
Scholar-activism can cheapen activism: This happens in a few ways. For example, some people might say, “everything we do is activism.” Or, people who aren’t activist are implicit activists because they reinforce the status-quo. With respect to scholars of color, some might…
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Stephen Williamson responds to @nytimes: What if Sociologists Had as Much Influence as Economists?
16 Aug 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, discrimination, economics of education, economics of information, economics of media and culture, labour economics, labour supply, poverty and inequality, unemployment
August 15, 1971: Unhappy Anniversary (Update)
16 Aug 2019 Leave a comment
[Update 8/15/2019: It seems appropriate to republish this post originally published about 40 days after I started blogging. I have made a few small changes and inserted a few comments to reflect my improved understanding of certain concepts like “sterilization” that I was uncritically accepting. I actually have learned a thing or two in the eight plus years that I’ve been blogging. I am grateful to all my readers — both those who agreed and those who disagreed — for challenging me and inspiring me to keep thinking critically. It wasn’t easy, but we did survive August 15, 1971. Let’s hope we survive August 15, 2019.]
August 15, 1971 may not exactly be a day that will live in infamy, but it is hardly a day to celebrate 40 years later. It was the day on which one of the most cynical Presidents in American history committed one of his…
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The Siege of Leningrad (1941-44)
16 Aug 2019 1 Comment
in defence economics, war and peace Tags: World War II
Aztecs: Arrival of Cortes and the Conquistadors
16 Aug 2019 Leave a comment
in defence economics, economic history Tags: Age of Discovery, age of empires
Pantheon of Rome. Mystery of ancient Roman architecture in 3D
16 Aug 2019 Leave a comment
in economic history, economics of media and culture Tags: Roman empire
A simple model: limiting storage capacity
15 Aug 2019 Leave a comment
In my series on the impact of intermittent power sources, I got to the point where I was working with a unlimited battery capacity to find out how big that storage needs to be to fill in the gaps of less production with stored power from earlier excess production. I came to the (surprising) conclusion that almost 2,500 GWh was needed to fill in all the gaps. To recap, this is how the stored power looked like over the year:
Which I found an awful high number for storage. Therefor my question back then was: is it really necessary to store all that power? What would happen when storage is limited to a value below the optimal capacity?
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