That is the topic of my latest Bloomberg column. Here is one excerpt: First, as a matter of practice, if there is a true AI boom, or the advent of artificial general intelligence (AGI), the demand for capital expenditures (capex) will be extremely high. Second, as a matter of theory, the productivity of capital is […]
Will strong AI raise or lower interest rates?
Will strong AI raise or lower interest rates?
29 Mar 2024 Leave a comment
in applied price theory, energy economics, entrepreneurship, industrial organisation Tags: artificial intelligence
The Real Climate Crisis: Relying Upon Weather-Dependent Wind & Solar
29 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power, wind power
Frozen wind turbines and solar panels buried under piles of snow and ice produce nothing at all, except photo opportunities. When the weather conspires against the ‘unreliables’, somewhere there will be a coal, or gas or diesel powered generator ready to swing into action and prevent you from freezing in the dark. However, if the […]
The Real Climate Crisis: Relying Upon Weather-Dependent Wind & Solar
Cheat sheet
29 Mar 2024 Leave a comment
in economics of education, income redistribution, liberalism, Marxist economics, Public Choice, Rawls and Nozick, rentseeking Tags: Age of Enlightenment, free speech, political correctness, regressive left
No holding back
29 Mar 2024 Leave a comment
in economics of religion, liberalism Tags: Age of Enlightenment, Freedom of religion
The EU’s net zero retreat is gathering steam
28 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars, solar power, wind power
By Paul Homewood Building new gas power plants will, of course, “only make the transition to renewables-based power unnecessarily costly”. How do I know? Because I heard it from a bunch of climate activists calling themselves Beyond Fossil Fuels. What’s more, building new gas plants runs contrary to the “emerging consensus” that Europe […]
The EU’s net zero retreat is gathering steam
The Gag and the Goad: Trump Should Appeal Latest Gag Order
28 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
New York Supreme Court Justice Juan Merchan this week became the latest court to impose a gag order on former president Donald Trump with a stinging order that found a history of Trump attacks that threatened the administration of justice. The order will bar public criticism of figures who are at the center of the […]
The Gag and the Goad: Trump Should Appeal Latest Gag Order
Labour’s net zero target faces £116bn ‘investment challenge’
28 Mar 2024 Leave a comment
in econometerics, energy economics, environmental economics, global warming Tags: British politics
Challenge is putting it mildly. Cloud cuckoo land beckons once again in the form of impossible but supposedly climate-related targets. Some timescales are hard to shorten just by uttering demands. – – – A report by Policy Exchange, supported by analysis from Aurora Energy Research, outlines challenges facing Labour’s aim to achieve a decarbonised power […]
Labour’s net zero target faces £116bn ‘investment challenge’
Why NZ First shouldn’t get any apologies for the SFO’s failed prosecution
28 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand, property rights Tags: crime and punishment, law and order
Bryce Edwards writes – New Zealand’s biggest-ever political donations scandal is finally at an end. But what is the conclusion? No one can really be sure. The Court of Appeal released its judgement on Tuesday about the Serious Fraud Office case against the NZ First Foundation. On the face of it, the court found in […]
Why NZ First shouldn’t get any apologies for the SFO’s failed prosecution
Q&A: Allis and Ronald Radosh
27 Mar 2024 Leave a comment
in defence economics, economic history, International law, politics - USA Tags: Israel
The UK shows why it is one of the most tolerant countries there is
27 Mar 2024 Leave a comment
in discrimination Tags: British politics, political correctness, racial discrimination, regressive left
Vaughan Gething has just been elected as First Minister of Wales. He is black (his mother is Zambian) and this makes him the first black leader of a country in Europe. It also means that none of the four leaders of the UK are white men. And I (especially) have nothing against white men, but […]
The UK shows why it is one of the most tolerant countries there is
Universal Basic Income: The Freiman-Caplan Debate
27 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, politics - USA, poverty and inequality, Public Choice Tags: child poverty, family poverty, negative income tax
As expected, I really enjoyed the Institute for Liberal Studies’ UBI debate between myself and Chris Freiman. Chris was definitely the least enthusiastic UBI supporter I’ve debated. All the way to the point of, “Given all the truly promising ideas we have, and the downside risks of the UBI, perhaps I shouldn’t even publicly defend…
Universal Basic Income: The Freiman-Caplan Debate
Times are a changing
27 Mar 2024 Leave a comment
in economics of education, economics of love and marriage, law and economics Tags: marriage and divorce, political correctness, regressive left
“As A True Marxist…”
26 Mar 2024 Leave a comment
in income redistribution, liberalism, Marxist economics, politics - New Zealand, Public Choice Tags: regressive left, Watermelons
So said the Green MP Ricardo Menendez March about himself in Parliament the other day when rising to speak about a bill. As DPF archly noted on his Kiwiblog, you can bet your bottom dollar that the MSM will refuse to term him as “Far Left” in the way they term ACT or even Winston as […]
“As A True Marxist…”
DON BRASH: Terminated for saying “no” to cultural training – what’s next? (UPDATED)
26 Mar 2024 Leave a comment
in discrimination, law and economics, politics - New Zealand Tags: affirmative action, Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The following is written by Don Brash in his capacity as Hobson’s Pledge Trustee. As I shared with you previously, the Real Estate Authority (REA) said they were going to cancel real estate agent Janet Dickson’s licence for five years because she would not take a compulsory Māori culture course. Then, the real estate company…
DON BRASH: Terminated for saying “no” to cultural training – what’s next? (UPDATED)
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