The fact that every country that’s increased reliance on wind and solar is suffering rocketing power prices is incontrovertible. And that simple relationship puts paid to the myth that wind and solar are cheaper than coal and gas, principally because it’s heavily subsidised wind and solar that are (occasionally) displacing coal and gas-fired power. When […]
Below is a slightly expanded version of my column in The Hill on the increasingly popular theory that former president Donald Trump is already barred from office under the 14th Amendment. It is a theory that, in my view, has a political appeal that outstrips its constitutional support. In a constitution designed to protect free […]
As the third poll in a row shows Labour slipping below 30%, and the gap between parties on the right and those on the left widening, the prospect of a change of government on October 14 has strengthened. This of course is a blow to those who believed the ascendancy of Chris Hipkins to the […]
LA’s crime problems are not as bad as those of San Francisco and Oakland, where the latest piece of irony is that officials have advised workers at the Nancy Pelosi Federal Building to work remotely if possible due to “public safety concerns”. But if LA is not doing as badly that’s likely only because it’s […]
I’m not a huge fan of central banks publishing medium-term economic forecasts (or projections as we were usually schooled to call them). As I understand it, decades ago the Reserve Bank of New Zealand only started publishing them because the Official Information Act was passed (and in those days the forecasts made little or no […]
Below is my column in USA Today on the growing excitement among pundits on the prospect that former President Donald Trump could be going to jail. The celebration is a tad premature. Indeed, Trump could be convicted before the election and not be sent to prison for years, if ever. The prospect of prison depends […]
Spearing thousands of wind turbines into rural communities and carpeting them with endless seas of solar panels is only just the beginning. To connect those hopelessly intermittent power sources to market requires thousands of (otherwise unnecessary) kilometres of additional transmission lines. All of that environmental destruction could have readily been avoided had Australia simply maintained […]
NEW PAPER ON SSRN: The wealth-creating engine of capitalism is the movement of assets to higher-valued uses. Our biggest and most valuable assets, and those with the greatest wealth-creating potential are corporations. Antitrust law and practice work to facilitate this movement, while deterring the types of mergers which substantially lessen competition. Previous iterations of the DOJ/FTC Merger…
Here is my Bloomberg column on that topic, here is the trickiest point: Another concern, more significant, is that dollarization would be a huge upfront cost to the government of Argentina: Someone would have to actually come up with all the dollars to serve as currency. Keep in mind, however, that the economy of Argentina…
In my post on Thursday I commented briefly on the appearance by the Governor and his Chief Economist at Parliament’s Finance and Expenditure Committee. They tried to suggest to the Committee that to the extent there had been inflation forecast errors over the last year – responding to a question from Nicola Willis – that […]
Below is my column in The Messenger on the celebrations after the fourth indictment of former president Donald Trump — and the dismissal of any concerns over the implications of these prosecutions for free speech. Some Democrats are warning that they need to avoid the public displays of joy. The danger is that Democrats just […]
Mark Higgie reports Europe’s summer of climate hysteria in Spectator Australia. Excerpts in italics with my bolds and added images. But voters continue to move against the Green tide If the British weather were a person with bank accounts, it would by now likely find itself, like Nigel Farage, ‘de-banked’ for political incorrectness. While the […]
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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