economics | Utopia, you are standing in it!

Why Green Energy Won’t Work In The Alarmists’ Future

16 Apr 2019 Leave a comment

Image credit: MIT
If the global warming nightmare was to happen, solar and wind systems simply don’t work in high-heat environments. So why are activists pushing them, asks Climate Change Dispatch?

Everything, and I mean everything about the man-made global warming movement is rotten to the core, says Dr. Joel Adams.

Tens of thousands of our own brave and brilliant scientists, as well as websites such as Climate Change Dispatch, are fighting the good fight against the climate change fraud every day. It’s a fight we are working hard to win.

I just completed a 435-page book on the subject of climate change fraud and the people and motivations behind it.

I discovered that as bad as the scientific fraud is, the motivations behind it turned out to be worse. These motivations are to put it in a few words: money and a political totalitarian power grab by…

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Arthur Burns and How Things Fell Apart in the 1970s

16 Apr 2019 Leave a comment

by Jim Rose in applied price theory

Uneasy Money

Back in 2013 Karl Smith offered a startling rehabilitation of Arthur Burns’s calamitous tenure as Fed Chairman, first under Richard Nixon who appointed him, later under Gerald Ford who reappointed him, and finally, though briefly, under Jimmy Carter who did not reappoint him. Relying on an academic study of Burns by Fed economist Robert Hetzel drawing extensively from Burns’s papers at the Fed, Smith argued that Burns had a more coherent and sophisticated view of how the economy works and of the limitations of monetary policy than normally acknowledged by the standard, and almost uniformly negative, accounts of Burns’s tenure, which portray Burns either as a willing, or as a possibly reluctant, and even browbeaten, accomplice of Nixon in deploying Fed powers to rev up the economy and drive down unemployment to ensure Nixon’s re-election in 1972, in willful disregard of the consequences of an overdose of monetary stimulus.

According…

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“Friedman Friday” (“Free to Choose” episode 3 – Anatomy of a Crisis. part 1of 7)

16 Apr 2019 Leave a comment

by Jim Rose in applied price theory

The Daily Hatch

Milton Friedman’s Free to Choose (1980), episode 3 – Anatomy of a Crisis. part 1

FREE TO CHOOSE: Anatomy of Crisis

Friedman Delancy Street in New York’s lower east side, hardly one of the city’s best known sites, yet what happened in this street nearly 50 years ago continues to effect all of us today. Wall Street. Most of us know what happened here 50 years ago. Inside the Stock Exchange on October 29, 1929, the market collapsed. It came to be known as Black Thursday. The Wall Street crash was followed by the worst depression in American history. That depression has been blamed on the failure of capitalism. It was no such thing but the myth lives on. What really happened was very different.

Although things looked healthy on the surface, business had begun to turn down in mid 1929. The crash intensified the recession. So did continuing bank…

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Jordan Peterson: What Does it Mean to have an IQ LESS than 83 | with Dr. Richard Haier

16 Apr 2019 Leave a comment

by Jim Rose in defence economics, economics of education, human capital, labour economics, labour supply, occupational choice, poverty and inequality

Killer Chic: Hollywood’s Sick Love Affair with Che Guevara

16 Apr 2019 Leave a comment

by Jim Rose in economics of crime, law and economics, Marxist economics, movies, politics - USA, television

The Double Helix by James Watson (1968)

16 Apr 2019 Leave a comment

by Jim Rose in applied price theory

A great read when I was in high school

Books & Boots

The short paper by James Watson and Francis Crick establishing the helical structure of the DNA molecule was published in the science journal, Nature, on April 25, 1953. The blurb of this book describes it as the scientific breakthrough of the 20th century. Quite probably, although it was a busy century – the discovery of antibiotics was quite important, too, not to mention the atom bomb.

James Watson and Francis Crick with their DNA model at the Cavendish Laboratories in 1953

Anyway, what makes this first-person account of the events leading up to the discovery such fun is Watson’s prose style and mentality. He is fearless. He takes no prisoners. He is brutally honest about his own shortcomings and everyone else’s and, in doing so, sheds extraordinarily candid light on how science is actually done. He tells us that foreign conferences where nobody speaks English are often pointless. Many scientists…

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Christopher Hitchens defends free speech

16 Apr 2019 Leave a comment

by Jim Rose in economics of crime, law and economics Tags: free speech

STEVEN PINKER | THE CASE FOR REASON, SCIENCE, HUMANISM, AND PROGRESS |

16 Apr 2019 Leave a comment

by Jim Rose in defence economics, development economics, economic history, economics of crime, economics of education, economics of natural disasters, environmental economics, health economics, International law, labour economics, law and economics, poverty and inequality, Public Choice, war and peace Tags: Age of Enlightenment, The Great Enrichment

By then, the average person in the developing world will be 3-7x richer than today

Of course, they don't want to rip out this engine pic.twitter.com/VcqhDGuOQt

— Bjorn Lomborg (@BjornLomborg) April 14, 2019

Judge Posner on WikiLeaks

15 Apr 2019 Leave a comment

by Jim Rose in defence economics, economics of bureaucracy, economics of crime, law and economics, politics - USA, Public Choice, Richard Posner, war and peace Tags: Cold War, war against terror

Antonin Scalia – Constitutional Interpretation

15 Apr 2019 Leave a comment

by Jim Rose in comparative institutional analysis, constitutional political economy, law and economics, politics - USA Tags: constitutional law

	Bernard Keenan and E… on Bernard Keenan and Ewan Smith:…
	Thoughts on Owning a… on Thoughts on Owning a Self-Driv…
	A Libertarian Perspe… on A Libertarian Perspective on t…
	So about that party… on So about that party vote?
	Ireland fact of the… on Ireland fact of the day

Utopia, you are standing in it!

Why Green Energy Won’t Work In The Alarmists’ Future

Arthur Burns and How Things Fell Apart in the 1970s

“Friedman Friday” (“Free to Choose” episode 3 – Anatomy of a Crisis. part 1of 7)

Jordan Peterson: What Does it Mean to have an IQ LESS than 83 | with Dr. Richard Haier

Killer Chic: Hollywood’s Sick Love Affair with Che Guevara

The Double Helix by James Watson (1968)

Christopher Hitchens defends free speech

STEVEN PINKER | THE CASE FOR REASON, SCIENCE, HUMANISM, AND PROGRESS |

Apollo’s Flammable Oxygen Atmosphere Explained

The labour theory of value

The real reason Boeing’s new plane crashed twice

One of my favourites

Something @jamespeshaw @mfe_news prefer to not know from the IPCC consensus about climate science

Judge Posner on WikiLeaks

Antonin Scalia – Constitutional Interpretation

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