How did NASA get those great film shots of Apollo and the Shuttle?
03 Nov 2022 Leave a comment
in economics of media and culture Tags: space
How 1970s conservation laws turned Australia into a tinderbox
02 Nov 2022 Leave a comment
Bush fire
Hardly a surprising conclusion in this research. A classic example of replacing what worked with what sounded good.
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Southeast Australia’s bushfire crisis culminated in the devastating bushfire season of 2019 and 2020 that burnt nearly 25 million hectares of bush, says Phys.org.
Our new research demonstrates how the scale of this disaster blew out due to legislation introduced in the 1970s, which was based on idea that nature should be left to grow freely without human intervention.
We investigated the bushfire history of one of the worst hit areas: Buchan on Gunaikurnai Country in Victoria.
We found no bushfires burned there for almost a century until the mid 1970s, following the establishment of the Land Conservation Act of 1970—legislation that sought to protect the Australian bush from humans.
This legislation banned farmers from mimicking Aboriginal burning practices by using frequent fires to promote grass…
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Israel 2022
02 Nov 2022 Leave a comment
Ah, yes, we are doing this again: Another Israeli general election. I am not going to pretend to know what will happen. As I type this, ILTV is making it seem as if the right-wing bloc has a majority with 61 or 62 seats. That would be a government of Likud, the two Haredi parties (Shas and UTJ), and the Religious Zionist list, returning Benjamin Netanyahu to the prime ministership.
HOWEVER, this is based on exit polls. These have been off before. It is downright misleading of media to treat these as if they are indicative of real results. On the other hand, it would be in no way a surprise if the final results were to confirm these exit polls. We just don’t know yet.
I won’t get into other possible coalition scenarios till we have actual results, other than to note that there are interesting possibilities…
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Japan’s Failed Experiment in Industrial Policy
02 Nov 2022 Leave a comment
I’ve expressed opposition numerous times to so-called industrial policy because I don’t want politicians and bureaucrats to provide special favors to certain businesses or industries at the expense of everyone else.
That’s a practice known as cronyism, and it is absurd to think that selfish, election-focused politicians somehow correctly identify and subsidize the technologies of tomorrow.
But there are still people who think government should try to steer the economy – including some supposed conservatives.
Let’s remind ourselves why this is a bad idea. Samuel Gregg of the American Institute for Economic Research has a new article about the topic for National Review.
…several polling outfits have indicated an uptick in the number of Americans who say they are disillusioned with capitalism and willing to consider socialism as an alternative. This, however, isn’t the most immediate threat to American capitalism. …It is best labeled “corporatism.” …Examples of…
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UK Trapped In A Green-Energy Cul-De-Sac
02 Nov 2022 Leave a comment

Try to cover up the chronic energy policy mistakes made in the name of climate theories by doling out vast sums of borrowed money to the struggling customers. That’s the current UK approach. Why should anyone be content with putting the exchequer ever further in the mire to keep futile net zero dogma alive?
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Often I have referred to the situation that the UK, Germany, California, and others have set themselves up for as “hitting the green energy wall,” says Francis Menton (via Climate Change Dispatch).
But now that the UK has actually gotten there and has begun to deal with the consequences, I’m not sure that “hitting the wall” is the best analogy.
A better analogy might be “driving into the green energy cul-de-sac.” After all, when you hit a wall you can probably just pick yourself up and turn around and be on your…
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Elon Musk vs Gates, Zuckerberg and Bezos – Fortune Growth Comparison
02 Nov 2022 1 Comment
in economic history, entrepreneurship
How exactly is Net Zero sustainable?
01 Nov 2022 Leave a comment
The forecast lithium demand to meet the Net Zero targets look to be completely unachievable. That is an enormous amount of new mining that would no doubt be opposed by self described environmentalists. The story of global growth and prosperity from the industrial revolution is tightly entwined with use of energy starting with coal, other fossil fuels and nuclear. It seems to me the underlying socialist green agenda is happily to take us all back to an agrarian lifestyle. They decry growth and seem happy to leave the undeveloped nations where they are and take the world down to their level, rather than encourage the use of fossil fuels to bring everyone forward.
British Taxpayers Paying Wind Power Outfits £500,000,000 Every Year To Produce NOTHING!
01 Nov 2022 Leave a comment
There’s never been a financial scam that comes anywhere near rivalling subsidised wind power for longevity and audacity.
Stories of the gullible signing up to buy the London Bridge or the Eiffel Tower spring to mind, when it is borne in mind that wind power (which simply cannot be delivered on demand) has no commercial value, apart from the massive and endless subsidies its generators pocket.
One aspect of the so-called ‘business’ is earning outrageous amounts of revenue for doing nothing, that is, being paid to not produce what it is that your business is meant to produce. You’ll be hard-pressed to find any other examples that match the profligacy of paying “constraint payments” to wind power outfits, so that they won’t deliver power to the grid when the wind is blowing.
This is not nickels and dimes, either. Up to December 2019, British wind power outfits had collected over…
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How One Camera Changed NASA and How We Saw the World
01 Nov 2022 Leave a comment
in economics of media and culture Tags: moon landings, space
Victorian Era Opium Dens
01 Nov 2022 Leave a comment
in economic history, economics of crime, health economics, law and economics Tags: economics of prohibition
Putting the climate spin on the unseasonal warm spell in Europe
31 Oct 2022 Leave a comment
Autumn on a UK beach [image credit: BBC]
Living in Europe and feeling a bit warmer than usual this October? Ignore any Met Office reports of warm air originating from Africa and be concerned by ‘a sign of accelerating climate change’, say climate obsessives. For example, it hasn’t been ‘this hot’ in Spain, since…1961.
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October morning temperatures topping 30 Celsius (86 Fahrenheit) in Spain may have brought cheer to the tourists, but they are provoking concern among environmentalists, says Phys.org.
The mercury has been rising well above the norm across vast swathes of Europe, from Spain to as far north as Sweden.
After a summer marked by repeated heatwaves across much of the continent, Europe is experiencing exceptional temperatures even as it heads into the start of autumn—a sign of accelerating climate change.
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More Academic Evidence for School Choice
31 Oct 2022 Leave a comment
Since teacher unions care more about lining their pockets and protecting their privileges rather than improving education, I’ll never feel any empathy for bosses like Randi Weingarten.
That being said, the past couple of years have been bad news for Ms Weingarten and her cronies.
Not only is school choice spreading – especially in states such as Arizona and West Virginia, but we also are getting more and more evidence that competition produces better results for schoolkids.
In a study published by the National Bureau of Economic Research, Professors found that school choice led to benefits even for kids who remained stuck in government schools.
They enjoyed better academic outcomes, which is somewhat surprising, but even I was pleasantly shocked to see improved behavioral outcomes as well.
School choice programs have been growing in the United States and worldwide over the…
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