New York AG Sues Beef Producer

This is the latest in an increasing series of Greenwashing suits around the world. Some notable examples.

New York AG Sues Beef Producer

#climateemergency

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Europe’s Wind Industry Faces Total Oblivion & Slovakia Cans All Wind Projects

Europe’s wind industry is in its death throes. Denmark’s Ørsted share price plummeted 25% late last year, and after slashing dividends to shareholders was forced to write $billions off the projected value of its US offshore projects, and its share price is still heading south. Europe’s turbine manufacturers are bleeding cash and their shares will […]

Europe’s Wind Industry Faces Total Oblivion & Slovakia Cans All Wind Projects

Labour’s legacy

This kind of macro theory is underrated

Demand shocks as technology shocks: We provide a macroeconomic theory where demand for goods has a productive role. A search friction prevents perfect matching between producers and potential customers. Larger demand induces more search, which in turn increases GDP and measured TFP. We embed the product-market friction in a standard neoclassical model and estimate it […]

This kind of macro theory is underrated

A Moment of Truth: Five Questions for Hunter Biden

Below is my column in the New York Post on the closed door deposition of Hunter Biden.  After years of conflicting and evasive responses on these corruption allegations, Hunter Biden is now faced with a moment of truth.

A Moment of Truth: Five Questions for Hunter Biden

“Craven” and “Insurrectionists”: MSNBC’s Rachel Maddow and Other Denounce the Supreme Court for Granting Review of Presidential Immunity

Yesterday, the Supreme Court granted review of the presidential immunity question, but set an expedited schedule for the review of the question with oral argument scheduled for April. Former president Donald Trump wrote on Truth Social that “Legal Scholars are extremely thankful for the Supreme Court’s Decision today to take up Presidential Immunity.” As I […]

“Craven” and “Insurrectionists”: MSNBC’s Rachel Maddow and Other Denounce the Supreme Court for Granting Review of Presidential Immunity

Three Snapshots of Where US Population is Headed

The Congressional Budget Office has published The Demographic Outlook: 2024 to 2054 (January 2024), which offers some recent history and projections of how the US population is evolving. Here are three snapshots: The Role of Immigration in Total US Population Growth The black line shows projected US population growth since 2004, with firm data up…

Three Snapshots of Where US Population is Headed

The Economics of Creative Destruction, Part II

I’ve referred to “creative destruction” as the “best and worst part of capitalism.” This short video from the Fraser Institute is a good tutorial on the topic. The core message is that entrepreneurs improve our lives by coming up with new ideas, new technologies, and new products. That’s the good news. The bad news is […]

The Economics of Creative Destruction, Part II

The UK is much closer to blackouts than anyone dares to admit

From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood h/t Philip Bratby Of all the problems with electric cars, perhaps the least expected was the revelation that some home charging points provide a potential point of weakness for malign foreign powers to interfere with our National Grid. Last week, the Office for Product Safety […]

The UK is much closer to blackouts than anyone dares to admit

Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do with the Waitangi Tribunal?

The Productivity Commission will cease operations tomorrow, to make way for the new Ministry for Regulation. On the same day, the Waitangi Tribunal will begin an urgent inquiry into the government’s proposal to disestablish the Māori Health Authority. But legislation passed under urgency by Parliament will result in the authority being shut down by the end […]

Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do with the Waitangi Tribunal?

Life is full of tradeoffs: if we want more nickel to make EV batteries we might have to use more coal

See One Country’s Dream of EV-Driven Prosperity Helps Fuel a Coal Binge Instead: Indonesia pitches its plan to leverage natural resources as a model for other developing nations by Jon Emont of The WSJ. Excerpts:”A few years ago, Indonesia set out to turn its treasure trove of nickel into an electric-car manufacturing boom.It imposed a sweeping…

Life is full of tradeoffs: if we want more nickel to make EV batteries we might have to use more coal

Is ESG investing illegal?

For fund managers, it may violate their fiduciary responsibility (to maximize returns) to their shareholders.   Apparently, the legal risk is too big for JP Morgan, State Street, and BlackRock:   Asset managers have been walking a fine legal line. GOP Attorneys General in 2022 warned that they might be violating their fiduciary obligations and antitrust laws.…

Is ESG investing illegal?

Aussie Energy Execs Urge a Coal Backup “Safety Net” to Ease the Net Zero Transition

“… the pace of the renewables coming forward is too slow, relative to the ambitions articulated for the nation …”

Aussie Energy Execs Urge a Coal Backup “Safety Net” to Ease the Net Zero Transition

“We Don’t Do That Here.”: Former NY Times Editor Blasts the “Gray Lady” for Bias and Activism

Former New York Times editor Adam Rubenstein has a lengthy essay at The Atlantic that pulls back the curtain on the newspaper and its alleged bias in its coverage. The essay follows similar pieces from former editors and writers that range from Bari Weiss to Rubenstein’s former colleague James Bennet. The essay describes a similar […]

“We Don’t Do That Here.”: Former NY Times Editor Blasts the “Gray Lady” for Bias and Activism

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