Deirdre McCloskey on @AOC @SenSanders
16 Feb 2019 Leave a comment
in economic history, entrepreneurship, politics - USA, public economics
The dead will be many from @SenSanders @AOC’s virtue signalling on drug price controls (effects of 22% manufacturing price cut)
16 Feb 2019 Leave a comment
in applied price theory, applied welfare economics, health economics, politics - USA Tags: drug lags, price controls, The fatal conceit
CAMELOT’S END: KENNEDY VERSUS CARTER AND THE FIGHT THAT BROKE THE DEMOCRATIC PARTY by Jon Ward
16 Feb 2019 Leave a comment
Another top-notch review from an excellent book review blog
(Former President Jimmy Carter and Senator Ted Kennedy)
Today we find ourselves at the beginning of the 2020 presidential campaign even though the Iowa caucuses are eleven months away. It seems that each day another Democrat announces their candidacy, and President Trump does what President Trump does. Talking heads on cable news programs ask each candidate why they are running and what sets them apart from the competition. For me, it brings back memories of watching a 60 Minutes program in 1980 where Roger Mudd interviewed Ted Kennedy and asked him why he was challenging President Carter for their parties’ nomination. Kennedy’s response went along way in destroying his candidacy as his rambling response lacked coherence, and in no way answered the question, leaving the American electorate in the dark as to why he was running.
At a time when the Democratic Party seems split between its progressive and moderate…
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Milton Friedman on the flaws of market socialism
16 Feb 2019 Leave a comment
in applied price theory, comparative institutional analysis, entrepreneurship, financial economics, industrial organisation, law and economics, Marxist economics, Milton Friedman, property rights, survivor principle Tags: economics of socialism
Stephen Stigler on the 7 pillars of statistical wisdom
16 Feb 2019 Leave a comment
in econometerics, history of economic thought Tags: philosophy of science
The Reality of Transgender & Gender Science – Dr. Debra Soh
15 Feb 2019 Leave a comment
in discrimination, gender, health economics Tags: economics of mental illness
How Did NASA Know to Use the Lunar Module as a Lifeboat?
15 Feb 2019 Leave a comment
in transport economics Tags: space
Changing fortunes in the Syrian civil war
15 Feb 2019 Leave a comment
in defence economics, war and peace Tags: Syrian Civil War
Gay and lesbian pay gaps
15 Feb 2019 Leave a comment
in applied price theory, discrimination, economics of education, economics of media and culture, human capital, labour economics, labour supply, law and economics, poverty and inequality
Lucas on moral hazard and banking crises
15 Feb 2019 Leave a comment
in applied price theory, business cycles, economics of regulation, Euro crisis, global financial crisis (GFC), great depression, great recession, industrial organisation, law and economics, macroeconomics, monetary economics, Robert E. Lucas Tags: banking panics, moral hazard
Day 46 of @Eugeniesage’s #plasticbagfascism: 18th bag
15 Feb 2019 Leave a comment
in environmental economics, politics - New Zealand Tags: recycling
Armed robbers apprehended at the U of C after a chase and a crash; school paper publishes photo of one suspect; students use the incident to criticize our armed cops
15 Feb 2019 Leave a comment
So children grow and can change. Twitter believes in one strike and you are out for any teenage stupidity.
We had a bit of excitement here on Monday when, sitting at my desk, I got three successive email alerts from the campus authorities that there were criminal suspects loose on campus. The final one was that they were apprehended. But the first ones, like this, were a bit scary:
Shelter in place! That sounds ominious. Eventually we got the all clear, and it turned out that, according to the Chicago Maroon, there was a crime, a crash, and a chase (click on screenshot):
Summary from the paper (it was an armed robbery):
At around 11:48 a.m., a stolen black Dodge Charger believed to have been involved in the robbery of a GameStop ran a red light on the intersection of Midway Plaisance and South Woodlawn Avenue, supposedly while chased by police. In the process, it ran into two additional cars, damaging both significantly. The driver of one of the vehicles escaped…
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William & Mary proclaimed joint sovereigns.
15 Feb 2019 Leave a comment
On this date in History: February 13, 1689. William III-II and Mary II were created joint sovereigns of England, Scotland and Ireland.
William III (Dutch: Willem; November 4, 1650 – March 8, 1702), also widely known as William of Orange, was sovereign Prince of Orange from birth, Stadtholder of Holland, Zeeland, Utrecht, Gelderland and Overijssel in the Dutch Republic from 1672 and King of England, Ireland and Scotland from 1689 until his death in 1702. As King of Scotland, he is known as William II. He is sometimes informally known in Northern Ireland and Scotland as “King Billy.”
William III-II, Prince of Orange, Stadtholder of Holland, Zeeland, Utrecht, Gelderland and Overijssel in the Dutch Republic. King of England, Ireland and Scotland.
Mary II (April 30, 1662 – December 28, 1694) was Queen of England, Scotland, and Ireland, co-reigning with her husband and first cousin, King William III and II, from…
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