Utopia, you are standing in it!

After the Peace of Westphalia and the states within the Empire had greater autonomy we saw the rise of Brandenburg-Prussia which came to rival Austria for supremacy within the Empire.

The Hohenzollern state was then known as Brandenburg-Prussia. Brandenburg-Prussia is the historiographic denomination for the Early Modern realm of the Brandenburgian Hohenzollerns between 1618 and 1701.

The family’s main possessions were the Margraviate of Brandenburg within the Holy Roman Empire and the Duchy of Prussia outside of the Empire, ruled as a personal union.

Based in the Electorate of Brandenburg, the main branch of the Hohenzollern family intermarried with the branch ruling the Duchy of Prussia, and secured succession upon the latter’s extinction in the male line in 1618.

Another consequence of the intermarriage was the incorporation of the lower Rhenish principalities of Cleves, Mark and Ravensberg after the Treaty of Xanten in 1614.

The Thirty Years’ War (1618–1648) was…

Eco-zealots ram wind and solar power down the throats of Third World governments, purporting to save the planet and drag millions out of poverty. But it never takes their targets long to work out that wind and solar power are both insanely expensive and hopelessly unreliable; sitting in the dark, night after night, generally does the trick.

The wind and solar obsessed in the first world are quite prepared to ensure the World’s poorest stay that way. With economic development agencies peddling ridiculously expensive solar panels – seen as ‘fake electricity’ by those lumbered with it – and forcing tinpot governments to sign up to costly and pointless wind and/or solar power schemes, the ratio of haves to have-nots is likely to stay that way for the foreseeable future.

One who doesn’t subscribe to the ‘keep them poor at all costs’ model is Bjorn Lomborg.

Why we can’t afford…

Three weeks I wrote a blog post about how economists define a recession. I pretty quickly brushed aside the “two consecutive quarters of declining GDP,” since this is not the definition that NBER uses. But since that post (and thanks to a similar blog post from the White House the day after mine), there has been an ongoing debate among economists on social media about how we define recessions. And some economists and others in the media have insisted that the “two quarters” rule is a useful rule of thumb that is often used in textbooks.

It is absolutely true that you can find this “two quarters” rule mentioned in some economics textbooks. Occasionally, it is even part of the definition of a recession. But to try and move this debate forward, I collected as many examples as I could find from recent introductory economics textbooks. I tried to…

The Peace of Westphalia is the collective name for two peace treaties signed in October 1648 in the Westphalian cities of Osnabrück and Münster. They ended the Thirty Years’ War (1618–1648) and Eighty Years’ War (1568–1648), and brought peace to the Holy Roman Empire, closing a calamitous period of European history that killed approximately eight million people.

Despite resulting cessation of the Thirty Years War, the Peace of Westphalia was a significant step in the decline of the Holy Roman Empire.

The Holy Roman Emperor Ferdinand III, Felipe IV-III, King of Spain and Portugal, Louis XIV of France and Navarre, Christina, Queen of Sweden, Willem II, Prince of Orange, United Provinces (Netherlands), and their respective allies were among the princes of the Holy Roman Empire participated in these treaties.

The negotiation process was lengthy and complex. Talks took place in two cities, because each side wanted to meet on…