John Cochrane on unpleasant monetary arithmetic

Image

The type of shock that starts a crisis is less important than reaction to the shock by the government

From https://www.minneapolisfed.org/article/2009/the-current-financial-crisis-what-should-we-learn-from-the-great-depressions-of-the-20th-century

Milton Friedman fought the war as an applied statistician

Image

No Solution to Wind Power’s Hopeless Intermittency: Cost Kills Big Battery Myth

stopthesethings's avatarSTOP THESE THINGS

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.

View original post 376 more words

White Supremacy and The Democrat Party

Tom Hunter's avatarNo Minister

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…

View original post 255 more words

Nigel Lawson: Net zero is a disastrous solution to a nonexistent problem

Titles of the British Monarch. Part II.

liamfoley63's avatarEuropean Royal History

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…

View original post 916 more words

55 New Coal Power Stations Under Construction In India

M Economic Forces Podcast

David Glasner's avatarUneasy Money

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

View original post

Criminals don’t commit crimes when locked up

Image

David Friedman on US Foreign Policy, Syria, Assad, Terrorism, WWII, Hitler, and much more…

David Friedman BSU Lecture – Part 1/4

Falcon 9: SpaceX’s Reusable Rocket

Biden and the Democrats are struck damaging blows in two key states

Bob Edlin's avatarPoint of Order

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.

View original post 516 more words

A Monetary History… provided the historical narrative supporting the contention that in many episodes, monetary instability arose independently of the behaviour of nominal income and prices

Image

Previous Older Entries Next Newer Entries

Thoughts from the North

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Fardels Bear

A History of the Alt-Right

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Why Evolution Is True

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.

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

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.”

The Victorian Commons

Researching the House of Commons, 1832-1868

The History of Parliament

Articles and research from the History of Parliament Trust

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

European Royal History

Exploring the Monarchs of Europe

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

STOP THESE THINGS

The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.

Lindsay Mitchell

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Alt-M

Celebrating humanity's flourishing through the spread of capitalism and the rule of law