Inflation rates have come down since their peak in mid-2022. Does the Federal Reserve need to continue its inflation-fighting ways, keeping interest rates high? Anil Ari, Carlos Mulas-Granados, Victor Mylonas, Lev Ratnovski, and WeiZhao of the IMF look to historical and international experience in “One Hundred Inflation Shocks: Seven Stylized Facts” (September 2023, WP/23/190). As…
Once upon a time, the object was delivering power to everyone, everywhere, all the time. Not anymore. Chaotically delivered and heavily subsidised wind and solar have another object, and it is not one that their proponents dare speak of. If delivering reliable and affordable power were the object, then no one would be talking about […]
The Woke are increasingly reminding me of this classic Far Side cartoon, in that their “solutions” are exactly the same for every problem, including also being a single word,. The Veternarian pictured below also obviously doesn’t believe in fixing disabilities – although she’s at least not prepared to leave them to suffer in order to […]
The campus climate of hate and divisiveness is not limited to MIT, Harvard, Princeton, or Columbia; it’s now metastasized to the University of Chicago. It’s largely promoted by the Students for Justice in Palestine (SJP) and UChicago United for Palestine (UCUP), who are constantly demonstrating on campus and have had its members arrested for trespassing […]
Yesterday’s Sunday Star-Times had an article built around some comments from me and from Infometrics economist Brad Olsen on the economic prospects of Wellington. The headline captured the gist of my contribution, “Sorry, Wellington, things could get worse and they probably will”. The question the journalist, Kevin Norquay, had posed to me a week ago […]
“China having a higher share of renewables each year, while also having a massive growth in overall electricity consumption. … What does this tell us about the type and amount of capacity they add each year?”
and some discussion followed as to whether China was increasing coal faster than renewables or vice-versa.
The failure of Western “Liberals and Leftists” to hold the Arabs to the same moral and ethical standards as Israel is a “example of old colonialist and racist habits. They don’t see in the Arabs moral equals.” – Michael Walzer (1982) I think that most of the arguing and fighting over land and religion should […]
e Raymond J. de Souza asksa good question at National Post: Is Big Climate over? That would be good for the environment. Excerpts in italics with my bolds and added images. Backing away from absurd, grandiose policies would shift attention toward more practical measures Is the era of Big Climate over? It may be that […]
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
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