
The type of shock that starts a crisis is less important than reaction to the shock by the government
05 Nov 2021 Leave a comment
in budget deficits, business cycles, economic growth, economics of regulation, fiscal policy, macroeconomics, monetary economics, Public Choice
No Solution to Wind Power’s Hopeless Intermittency: Cost Kills Big Battery Myth
05 Nov 2021 Leave a comment
The big wind drought in Europe has acolytes ranting about giant batteries saving the day. It’s a typical but delusional response to wind power’s hopeless intermittency.
True enough, at the margins, it is possible to store electricity. But, the cost of doing so on any kind of scale is simply out of this world. Then there’s the way giant batteries are developing a habit of spontaneously exploding into giant, toxic fireballs (see above and below).
Eric Worrall reports on the latest ‘batteries will save us’ wheeze, this time it’s the US Treasury Secretary, Janet Yellen taking us down the rabbit hole.
Treasury Secretary on European Wind Drought: “Energy Storage … Can Be Deployed”
Watts Up With That?
Eric Worrall
4 October 2021
If Treasury Secretary Janet Yellen has calculated how much must be spent on energy storage to stabilise a 100% renewable grid, she does not seem keen to share.
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White Supremacy and The Democrat Party
05 Nov 2021 Leave a comment
For a party so long invested in White Racism you’d think they’d understand it better now that they claim to be on the other side from it.
But the results from Tuesday’s elections in Virginia and New Jersey, and the subsequent fallout from Democrats and the MSM allies tearing their hair out in frustration at their losses and near losses, show that rather than asking why they lost they’re convinced that they already know why:

Ms Hill is a former sports journalist who now makes a living as a race-grifting writer at places like The Atlantic. Among the talking heads she was not alone in this. The best response was from the newly elected Virginia Lt. Governor-Elect, Republican and former US Marine, Winsome Sears:


This followed some pathetic Democrat attempts to derail the Youngkin campaign along the same lines by trying to recreate the infamous Charlottesville “Tiki Torch” event…
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Nigel Lawson: Net zero is a disastrous solution to a nonexistent problem
05 Nov 2021 Leave a comment
Titles of the British Monarch. Part II.
05 Nov 2021 1 Comment
Claims to the French Throne
When King Charles IV of France died on February 1, 1328 without a surviving male heir, it ended the direct line of the Capetian Dynasty which had ruled France since the election and accession of King Hughes Capét on July 3, 987 by the prelate of Reims.
King Charles VI of France
Twelve years prior to the death of Charles IV, a rule against succession by women, arguably derived from the Salic Law, had been recognised – with some dissent – as controlling succession to the French throne. The application of this rule barred Charles’s one-year-old daughter Mary, by Jeanne d’Évreux, from succeeding as the monarch, but Jeanne was also pregnant at the time of Charles’s death.
Since she might have given birth to a son, a regency was set up under the heir presumptive Philippe of Valois, son of Charles of Valois and a…
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M Economic Forces Podcast
05 Nov 2021 Leave a comment
Josh Hendrickson and Brian Albrecht have just posted our conversation about UCLA economics and economists, price theory vs. microfoundations, and my new book on their new Economic Forces Podcast. It was a really interesting conversation. Below are links to the podcast and to my book, which is now available online, and can be pre-ordered. The print version should be available in December.
https://link.springer.com/book/10.1007/978-3-030-83426-5
David Friedman on US Foreign Policy, Syria, Assad, Terrorism, WWII, Hitler, and much more…
05 Nov 2021 Leave a comment
in David Friedman, defence economics, economics of crime, law and economics, laws of war, property rights, war and peace
David Friedman BSU Lecture – Part 1/4
05 Nov 2021 Leave a comment
in David Friedman, law and economics
Falcon 9: SpaceX’s Reusable Rocket
05 Nov 2021 Leave a comment
in entrepreneurship, transport economics Tags: space
Biden and the Democrats are struck damaging blows in two key states
04 Nov 2021 Leave a comment
Joe Biden’s presidency has taken a near-mortal blow after significant defeats in two key state elections for governor with Republicans pulling off unexpected victories.
Glenn Youngkin won a stunning victory in Virginia on Tuesday, snatching the governor’s mansion away from the Democrats in a state that President Biden won by 10 points just a year ago.
In New Jersey, Democratic incumbent Phil Murphy was locked in an unexpected dogfight with Republican state assemblyman Jack Ciattarelli that stretched into the early hours with the latter inching ahead.
Youngkin, a businessman in his first campaign for public office, defeated Terry McAuliffe, a past governor and close ally of the Clinton family who has been a fixture of Democratic politics for decades. It was the first Republican victory in the commonwealth since 2009.
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