Shockingly, movie theater wine from a can…
20 Apr 2022 Leave a comment
…tastes like wine from a can. Stick to bottles, “Bev.” And maybe hard seltzer or some such.
Hype-Dream: World’s Renewable Energy Storage Capacity Destined to Remain Totally Trivial
20 Apr 2022 Leave a comment
When they’re not bursting into toxic fireballs, the contribution made by giant lithium-ion batteries remains utterly trivial. They are, after all, electricity storage devices and don’t add a lick to electricity generation capacity, anywhere.
The cost of battery storage, at scale, is out of all proportion to the benefits returned and we wouldn’t be having this discussion were it not for the hopeless intermittency of wind and solar. No one talked about electricity storage when we allowed nuclear, coal-fired and gas-fired plants to deliver power, 24 x 7, whatever the weather.
At best, battery storage provides additional frequency control at the margins, but it’s the chaotic delivery of wind and solar that increased demand for that as a “service” which grid managers pay a premium for.
But that’s not the pitch put forward by the wind and solar acolytes, who tell us that by adding more and larger lithium-ion batteries…
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Our Future Together: How Immigrants Will Reshape Our Workforce
20 Apr 2022 Leave a comment
in applied price theory, discrimination, economic history, entrepreneurship, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: economics of immigration
Margaret Jacobson on how Roosevelt jump started the #economy in 1933
20 Apr 2022 Leave a comment
in budget deficits, business cycles, economic growth, financial economics, fiscal policy, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
What Were the Final Hours of WW1 Like
20 Apr 2022 Leave a comment
in defence economics, laws of war, war and peace Tags: World War I
Khrushchev – Stalin’s Loyal Enforcer?
20 Apr 2022 Leave a comment
in defence economics, war and peace Tags: World War II
Musk, Twitter, and Poison Pills
20 Apr 2022 Leave a comment
It has been all over the financial news that Elon Musk made an offer last week to buy out Twitter for $54.20 per share, which is well above its recent stock price. And also, that the board quickly stiff-armed Musk by adopting a “poison pill” provision. What are poison pills, are they a good thing, and how does this particular one work?
Major decisions for a corporation are made by its board of directors. In theory, they are supposed to direct operations for the benefit of the company’s shareholders, who are considered the actual owners of the corporation. The members of the board are elected by the shareholders in annual meetings.
In practice, the board largely does what it wants, and has an outsized influence on who gets elected. The board sets the agenda of the annual meetings, and proposes successor directors. In theory, shareholders can propose resolutions and alternative…
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Star Trek: Season 1, Episode Six “Mudd’s Women”
20 Apr 2022 Leave a comment
Original Air Date: October 13, 1966
Stardate: 1329.8
Writer: Stephen Kandel and Gene Roddenberry
Director: Harvey Hart
“But men will always be men no matter where they are.“
In “Mudd’s Women” we find the USS Enterprise chasing an unregistered Class J cargo ship which ventures into a dangerous asteroid belt (with a “three-five Shiller rating”) and the engines suddenly begin to overheat. A distress signal is received from the cargo ship so Kirk decides to extend the Enterprise’s deflector shields in order to beam aboard anyone from the cargo ship –a risky act which unfortunately expends several valuable Lithium crystals. Just moments before the rogue cargo ship collides with an asteroid and explodes, Scotty manages to beam aboard one man and three women.
This strange man is none other than a comical but shifty Irishman named “Leo Francis Walsh” and he arrives with three…
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What a strange @DomPost diatribe? Capitalist running dog Big Phama developed and distributed multiple safe #covid19 vaccines at record speed
19 Apr 2022 Leave a comment
in comparative institutional analysis, health economics, politics - New Zealand Tags: anti-market bias, economics of pandemics, The Great Enrichment
Utopia, you are standing in it! 
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