FMI Public Speaker Series – Finn Kydland
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics, rentseeking
They Did Not Pass – The Battle Of Verdun Ends I THE GREAT WAR Week 126
22 Dec 2023 Leave a comment
in defence economics, war and peace Tags: World War I
Finn E. Kydland Nobel Lecture at CERGE-EI
22 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of regulation, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, monetary economics, Public Choice, public economics
Predictably, the Rush to Electric Cars Is Imploding
22 Dec 2023 Leave a comment
in energy economics, environmental economics, global warming, transport economics, urban economics
Anyone who tells you these power grabs aren’t coming is telling you not to believe your own eyes.
Predictably, the Rush to Electric Cars Is Imploding
Unconvincing
21 Dec 2023 Leave a comment
in business cycles, economic history, global financial crisis (GFC), great recession, history of economic thought, inflation targeting, macroeconomics, monetary economics, politics - New Zealand Tags: monetary policy
The Herald ran an op-ed yesterday under the heading “Why the Government’s new Reserve Bank mandate may lead to worse outcomes”. It was written by Toby Moore who served as an economic adviser in Grant Robertson’s office while he was Minister of Finance (a fact the Herald chose not to disclose to its readers). I’m more […]
Unconvincing
The California Sun is Setting on Exorbitant Rooftop Solar Subsidies
21 Dec 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power
Solar Net Energy Metering in California: From Rosy Inception to Rocky Realities
The California Sun is Setting on Exorbitant Rooftop Solar Subsidies
Central Banking and the Real-Bills Doctrine
21 Dec 2023 Leave a comment
in economic history, financial economics, great depression, history of economic thought, macroeconomics, monetary economics Tags: monetary policy
Robert Hetzel, a distinguished historian of monetary theory and of monetary institutions, deployed his expertise in both fields in his recent The Federal Reserve: A New History. Hetzel’s theoretical point departure is that the creation of the Federal Reserve System in 1913 effectively replaced the pre-World War I gold standard, in which the value […]
Central Banking and the Real-Bills Doctrine
Hawtrey on the Interwar Gold Standard
21 Dec 2023 Leave a comment
in business cycles, economic history, great depression, history of economic thought, macroeconomics, monetary economics
I just got a copy of Ralph Hawtrey’s Trade Depression and the Way Out (1933 edition, an expanded version of the first, 1931, edition published three days before England left the gold standard). Just flipping through the pages, I found the following tidbit on p. 9. The banking system of the world, as it was […]
Hawtrey on the Interwar Gold Standard
Harvard/Harris Poll: Majority of Democrats Want Hunter Prosecuted for Contempt
21 Dec 2023 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
It appears that the concerted effort to excuse Hunter Biden’s defiance of a subpoena in the media has failed. According to a Harvard Caps/Harris poll, 71 percent of Americans believe that Hunter should be prosecuted for contempt of Congress. What is remarkable is that 54 percent of Democrats support his prosecution.
Harvard/Harris Poll: Majority of Democrats Want Hunter Prosecuted for Contempt
WMO’s missing CO2-climate correlation?
20 Dec 2023 Leave a comment
in environmental economics, global warming Tags: climate alarmism
The alarmist WMO has put out a graphic on X/Twitter showing hardly any global warming increase (in blue) between 1940 and the 1970s, followed by a clear transition (to red) since then. This doesn’t correlate with the monotonic CO2 rise during that period. Weather expert Joe Bastardi is delighted: ‘Merry Christmas from the World Meteorological […]
WMO’s missing CO2-climate correlation?
Detours
20 Dec 2023 Leave a comment
in defence economics, international economics, International law, transport economics, war and peace Tags: war against terror
📸 Look at this post on Facebook
https://www.facebook.com/share/RzXkxTwTvi1p1Toi/?mibextid=RXn8sy
Another NYT writer resigns in lieu of being fired
20 Dec 2023 Leave a comment
in defence economics, economics of media and culture, laws of war, liberalism, Marxist economics, politics - USA, war and peace Tags: free speech, Gaza Strip, Israel, Middle-East politics, political correctness, regressive left, war against terror
Another writer for the New York Times, one who had accrued numerous accolades, resigned after having signed her second petition staking out a political position. As the NYT itself reported below, its Magazine writer Jazmine Hughes decided to resign from the paper after discussions with management. (She would have been fired had she not left.) […]
Another NYT writer resigns in lieu of being fired
GRAHAM ADAMS: Fear stalks Auckland University campus!
20 Dec 2023 Leave a comment
in economics of education, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, free speech, political correctness, regressive left
‘Progressive’ academics all aquiver before Siouxsie Wiles decision. Graham Adams writes – Last week, the NZ Herald published a very curious article about an “unsafe workplace”. You might have expected it to be about volunteer firefighters, or police dog handlers, or perhaps even nurses at the front line of hospital emergency departments, where unruly patients […]
GRAHAM ADAMS: Fear stalks Auckland University campus!
From Now To 2100 Emission Reduction Policy Costs Greatly Exceed Any Net Benefit from Averted Warming
20 Dec 2023 Leave a comment
in applied price theory, applied welfare economics, development economics, econometerics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: climate alarmism
The benefits of not meeting Paris Accord emissions-reduction targets outweigh the costs associated even with worst-case-scenario global warming throughout the 21st century.
From Now To 2100 Emission Reduction Policy Costs Greatly Exceed Any Net Benefit from Averted Warming
Fritz Machlup (1902-1983)
19 Dec 2023 Leave a comment
in applied price theory, Austrian economics, history of economic thought, international economics
TweetAmong the many bits of unearned good fortune that have come my way in life was to have been a student in two of Fritz Machlup‘s classes at NYU. (In Spring 1981 I was a student in the last graduate course he taught on one of his specialities, International Trade. That course was phenomenally good.…
Fritz Machlup (1902-1983)
Utopia, you are standing in it! 
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