When it comes to the question of how best to avoid a banking collapse and multi-billion dollar bailout that can drag a whole nation into depression, the best solution, according to Chicago-Stanford economist, John Cochrane, is to require banks to set aside a fraction of their own funds as reserves to cover losses they may…
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
06 Jun 2024 Leave a comment
in applied price theory, global financial crisis (GFC), great recession, industrial organisation, law and economics, macroeconomics, monetary economics, politics - New Zealand Tags: competition law
Did the British Empire REALLY Drive the Industrial Revolution? IEA Debates
06 Jun 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, Public Choice, rentseeking Tags: Age of Discovery, age of empires, economics of colonialism
Is Hunter Biden Pursuing a Jury Nullification Strategy?
05 Jun 2024 Leave a comment
in economics of crime, economics of regulation, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in The Hill on the start of the Hunter Biden trial and the elements of a classic jury nullification strategy by the defense. It is not clear that it will work in an otherwise open-and-shut case, but it might. What is clear is that it may be all that Biden has […]
Is Hunter Biden Pursuing a Jury Nullification Strategy?
Nicholas Kilford: Interpreting The Devolution Statutes
05 Jun 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, law and economics Tags: British constitutional law, British politics, Scotland
*Editors’ Note: This post is part of the ‘Unwritten Constitutional Norms and Principles Blog Series’* Throughout the life of devolution, the courts appear to have diverged on how to properly determine the scope and limits of devolved lawmaking power, and the extent to which norms and principles not expressly contained in the text of the […]
Nicholas Kilford: Interpreting The Devolution Statutes
The Claim ‘Exxon Knew’ Their Products Induced ‘Catastrophic Climate Impacts’ In The 1970s Is Bunk
05 Jun 2024 Leave a comment
in economic history, energy economics, environmental economics, global warming Tags: climate alarmism
In the 1970s and 1980s ExxonMobil did not know that their reports would be so wrongly misinterpreted in the 2010s. Since 2015, when “investigative journalists” uncovered reports written in the late 1970s by ExxonMobil’s Science Advisor J.P. Black, it has been a common talking point in alarmist circles to insist that “Exxon Knew” about the…
The Claim ‘Exxon Knew’ Their Products Induced ‘Catastrophic Climate Impacts’ In The 1970s Is Bunk
The 2024 Hayek Lecture: Phil Gramm & John Early on “The Myth of American…
04 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of education, entrepreneurship, human capital, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality
Stephen Tierney: The Post Office (Horizon System) Offences Act 2024: Necessary remedy or unwarranted interference with judicial independence?
04 Jun 2024 Leave a comment
in economics of crime, law and economics Tags: British constitutional law
For the first time, by way of the Post Office (Horizon System) Offences Act (“the Act”), Parliament has legislated to quash criminal convictions. In this post I will argue that, no matter how understandable, indeed laudable, the intention behind this legislation, in its haste to offer a speedy and comprehensive correction to mass injustice, Parliament has crossed […]
Stephen Tierney: The Post Office (Horizon System) Offences Act 2024: Necessary remedy or unwarranted interference with judicial independence?
Why Unintended Consequences from Pushing Green Energy
04 Jun 2024 Leave a comment
in economics of regulation, energy economics, environmental economics, global warming, transport economics Tags: climate alarmism
We have been treated to multiple reports of negative consequences unforeseen by policymakers pushing the Green Energy agenda. A sample of the range: Ford ready to restrict UK sales of petrol models to hit electric targets, Financial Times Why US offshore wind energy is struggling—the good, the bad and the opportunity, Tech Xplore Another solar […]
Why Unintended Consequences from Pushing Green Energy
Prediction Markets As Investments
04 Jun 2024 Leave a comment
in applied price theory, financial economics Tags: efficient markets hypothesis
Supporters of prediction markets tend to emphasize how they are great tools for aggregating information to produce accurate forecasts. If you want to know e.g. who is likely to win the next election, you can watch every poll and listen to pundits for hours, or you can take ten seconds to check the odds. This […]
Prediction Markets As Investments
Pushback on Pessimism About Randomized Controlled Trials
03 Jun 2024 Leave a comment
in applied price theory, econometerics, economics of crime, law and economics Tags: crime and punishment, criminal deterrence, law and order
Back in January, I posted about an article that was getting some attention in my world. Megan T. Stevenson is an active researcher in the criminal-justice-and-economics literature. She argues that when you look at the published studies that use randomized control trial methods to evaluate ways of reducing crime, most of the studies don’t show a…
Pushback on Pessimism About Randomized Controlled Trials
Price Drop: Finland’s Grand Nuclear Move Delivers Cheap Power Bonanza
03 Jun 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: nuclear power, solar power, wind power
Thanks to their new nuclear power plants, Finns went from suffering among Europe’s highest power prices to enjoying its lowest. They now pay a mere fraction of what their wind and solar obsessed German neighbours are forced to pay for an ideological and delusional obsession. When Finland fired up its 1,600MW Olkiluoto 3 nuclear plant […]
Price Drop: Finland’s Grand Nuclear Move Delivers Cheap Power Bonanza
New Rule: Gender Apartheid | Real Time with Bill Maher (HBO)
03 Jun 2024 Leave a comment
in discrimination, economics of education, gender, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, television, TV shows Tags: Age of Enlightenment, free speech, Gaza Strip, gender wage gap, Iran, Middle-East politics, political correctness, regressive left, sex discrimination
U.S.A. v. Karl Brandt et al.: The Doctors’ Trial
02 Jun 2024 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, war and peace Tags: Nazi Germany, The Holocaust, World War II
The Doctors’ Trial, officially known as United States of America v. Karl Brandt, et al., was the first of 12 subsequent Nuremberg Trials held after World War II. These trials were conducted to bring Nazi war criminals to justice for their roles in the Holocaust and other war crimes. The Doctors’ Trial specifically focused on […]
U.S.A. v. Karl Brandt et al.: The Doctors’ Trial
Dems Who Back Biden’s Crackdown on Fossil Fuels Suddenly Worried About High Gas Prices
02 Jun 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA
Numerous Democrats who have helped the Biden administration restrict fossil fuel development and production are now concerned about high gas prices as the 2024 elections loom.
Dems Who Back Biden’s Crackdown on Fossil Fuels Suddenly Worried About High Gas Prices
China develops revolutionary electric car battery that can charge in 10 minutes
02 Jun 2024 1 Comment
in energy economics, entrepreneurship, environmental economics, global warming Tags: electric cars
If true, the rest of the EV scene looks obsolete already. Will other countries find themselves rolling out the red carpet for Chinese cars as their own motor industries struggle to survive? – – – China has developed a revolutionary car battery that can charge in just 10 minutes and power a car for hundreds […]
China develops revolutionary electric car battery that can charge in 10 minutes
Utopia, you are standing in it! 
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