Does Fractional Reserve Banking Endanger the Economy? A Debate
10 Feb 2019 Leave a comment
in Austrian economics, business cycles, economic growth, Euro crisis, great depression, great recession, law and economics, macroeconomics, monetary economics, property rights Tags: Austrian business cycle theory, free banking
On the superiority of Western values
10 Feb 2019 Leave a comment
in development economics, economic history, economics of crime, economics of education, economics of regulation, energy economics, environmental economics, health economics, international economics, law and economics, liberalism, Marxist economics, politics - USA, Public Choice Tags: The Age of Enlightenment, The Great Enrichment

This puppy: Fluffy time-waster or productivity hack? | Ingrid Fetell Lee
10 Feb 2019 Leave a comment
in economics of media and culture
WWII Tanks: Sherman Tank
09 Feb 2019 Leave a comment
in defence economics, war and peace Tags: World War II
Capitalists in the Twenty-First Century
09 Feb 2019 Leave a comment
in applied price theory, econometerics, economic history, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice, rentseeking, survivor principle Tags: top 1%
Why Are Some Companies Efficient While Others Are Not?
09 Feb 2019 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, managerial economics, organisational economics, personnel economics, survivor principle Tags: market selection
Dr. Robert Trivers — Evolutionary Theory & Human Nature (Science Salon # 16)
09 Feb 2019 Leave a comment
in health economics, population economics Tags: evolutionary psychology
Studies find exam results turn to pot when students turn to cannabis
09 Feb 2019 Leave a comment
Middle class dope smoking on Saturday night parents want marijuana to be illegal so that when they argue with their kids about declining grades, they can say stop smoking dope because it is illegal.
Green Party MP Chloe Swarbrick chided the National Party on its drugs policy earlier this year but said she hoped its involvement in public debate was positive.
Her comments followed National announcing deputy leader Paula Bennett’s appointment as the party’s first drug reform spokesperson and Bennett’s thoroughly reasonable insistence that she wanted to know more about the implications of legalising marijuana –
“I want to know, ‘What does it mean for the illicit drug trade? What does it mean for drug driving? How do we meet our goals of being smoke free if we’re saying it’s okay to have a joint?’ “
Swarbrick, the Green’s spokesperson on drug reform, said National was portraying themselves as “rational sceptics” but drew a distinction between “constructive criticism and obfuscation which stifles change”.
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Iran, ISIS and a Military Base: Why Leaving Syria Won’t Be Easy for the U.S. | NYT News
09 Feb 2019 Leave a comment
in defence economics, war and peace Tags: Syrian Civil War, war against terror
The Democratic Socialists of America want to eliminate Israel
09 Feb 2019 Leave a comment
I became acquainted with the Democratic Socialists of America (DSA) when two candidates who were DSA members, Rashida Tlaib and Alexandria Ocasio-Cortez, were elected to Congress as Democratic Representatives. In general, I endorse many of the group’s aims, though not its call for untrammeled socialism. (I tend to favor a capitalistic system with socialistic modifications, similar to what obtains in Scandinavia. And yes, I do favor universal single-payer healthcare.)
But what I didn’t realize was how anti-Israel the DSA was, and, in particular, how antisemitic it is in endorsing the Boycott, Divestment, Sanctions movement. I say “antisemitic” because the BDS, in both its founding and in present policy, is not only critical of Israel, but is also “anti-Zionist” in wanting Israel to disappear as a country. And that I consider antisemitic. (For other people’s claims that anti-Zionism equals anti-Semitism, see here, here, and here).
There’s no doubt…
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