Warren Buffett: I’m not buying the Uber IPO, but I’ve never bought any IPO
10 May 2019 Leave a comment
in entrepreneurship, financial economics, transport economics Tags: active investing, passive investing
8th Place: A High School Girl’s Life After Transgender Students Joined Her Sport
10 May 2019 Leave a comment
in discrimination, economics of education, gender, law and economics, politics - USA, sports economics Tags: political correctness
Binge Watching North Korean TV Is Surreal — And Educational (HBO)
10 May 2019 Leave a comment
in economics of media and culture, Marxist economics, Public Choice, television Tags: North Korea
Rump Reich – The Nazi Government in Power After VE-Day 1945
10 May 2019 Leave a comment
in defence economics, laws of war, war and peace Tags: Nazi Germany, World War II
Brendan Bialy tackled, disarmed shooter with two other students at STEM school in Highlands Ranch
09 May 2019 Leave a comment
in economics of crime, law and economics
Jesus ‘n’ Mo ‘n’ Dunning-Kruger
09 May 2019 Leave a comment
Today’s Jesus and Mo strip, called “alas”, derives from this article in Canada’s National Post (click on screenshot):
I’m surprised that they made a joke about global warming rather than religion, though!:
Why the Hard Left is Wrong on Israel – Prof. Alan Dershowitz
09 May 2019 Leave a comment
in economic history, International law, law and economics, laws of war, war and peace Tags: Israel
Now that ‘binding’ has been defined (sort of), let’s anxiously wait for the meaning of ‘hate speech’
09 May 2019 Leave a comment
The Government seemed to be in a bind about the cannabis referendum to be held at the general election next year. The dilemma was about whether the referendum should be binding.
Referencing a leaked cabinet paper, National Party drug reform spokeswoman Paula Bennett threw doubt on how binding the referendum would be.
National declined to release the paper to protect the source (something of an impediment when it comes to establishing the credibility of claims against political opponents) but said only one of four referendum options due to be discussed by Cabinet yesterday might compel the Government to act on the outcome.
The other three possibilities would not be technically “binding” because the government would not be obliged to act on them.
View original post 972 more words
Stigler on realism and economic assumptions
09 May 2019 Leave a comment
in applied price theory, George Stigler, history of economic thought

From George Stigler Five Problems in Economic Theory 1949 https://archive.org/details/in.ernet.dli.2015.84261/page/n9
The late Tony Atkinson, a pioneer in inequality research, used to quip that for most of his career his work was “deeply unfashionable.”
09 May 2019 Leave a comment
in applied price theory, George Stigler, history of economic thought, poverty and inequality

From George Stigler Five Problems in Economic Theory 1949 https://archive.org/details/in.ernet.dli.2015.84261/page/n9
NZ Cannabis Referendum – #2: Ardern supports Little’s lies. Incompetence or something worse?
09 May 2019 Leave a comment
This tweet from Chris Bishop caught my eye
Jacinda Ardern embarrassing herself in the House by insisting the cannabis referendum is “binding” against the advice of the Justice Ministry, the Office of the Clerk, experts, and common-sense. There is no end to the depth of the incompetence of this useless government.
— Christopher Bishop (@cjsbishop) May 7, 2019
This is the second in a series of posts about this issue and related matters. It would seem that Jacinda Ardern is further compounding the brazen misinformation put about by Andrew Little when he claimed according to a report from Jane Patterson at RNZ
Cabinet ministers have agreed the referendum will be binding, based on agreement by all three governing parties.
“The voters’ choice will be binding because all of the parties that make up the current government have committed to abide by the outcome,” Justice Minister Andrew Little said.
Now this…
View original post 645 more words
Jonathan Haidt: Three Stories About Capitalism (2014 WORLD.MINDS)
09 May 2019 Leave a comment
in development economics, economic growth, economic history, economics of religion, growth miracles, health and safety, health economics, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, property rights, survivor principle Tags: moral psychology, pessimism bias, The Great Enrichment
The folly of war for Germany
09 May 2019 Leave a comment
in defence economics, war and peace Tags: World War I, World War II



Recent Comments