David Friedman – The World From an Anarchist-Anachronist-Economist’s View
05 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, economics of crime, labour economics, law and economics, property rights
Statistical Modeling of Monetary Policy and It’s Effects
05 Oct 2021 Leave a comment
in budget deficits, business cycles, economic history, fisheries economics, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: Keynesian macroeconomics, monetary policy
The Greens may never have a better opportunity to tackle climate change
04 Oct 2021 Leave a comment
In Germany that is.
Age before beauty they say. But after last week’s inconclusive election in Germany it’s the forty-something leader of the Green party, Annalena Baerbock, and her generational compatriot, Christian Lindner of the market liberal Free Democrats (FDP), who are making the running in coalition negotiations, leaving the sexagenarians who head the Christian and Social Democrats out in the cold – for now.
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Under My Wheels: Why Solar ‘Roadways’ Turned Out to Be An Epic Engineering Fail
04 Oct 2021 Leave a comment
Whatever happened to solar roadways? A few years back, embedding PV cells into road surfaces was going to be the next big thing. And then, all of a sudden, it wasn’t.
True it is, that the wind and solar cult attracts all sorts of cranks and crackpots, promoting all sorts of harebrained schemes and subsidy-backed scams. But, as Sarah Marquart explains below, there were a host of reasons why this one would never roll.
Understanding Solar Roadways: An Engineering Failure of Epic Proportions
Interesting Engineering
Sarah Marquart
4 March 2021
Remember Solar Roadways? As a fresh reminder, Solar Roadways became massively viral in 2014 after claiming to be the end-all solution to the global energy crisis. The idea was simple: to implant solar panels into roads to produce electricity. The panels were allegedly also going to light up the roads with different LED patterns, replacing painted lines. For the winter, heating…
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Ten Minute History – The Early Spanish and Portuguese Empires
04 Oct 2021 Leave a comment
in defence economics, economic history, economics of bureaucracy, international economics, International law, Public Choice, rentseeking Tags: Age of Discovery, Age of exploration, economics of colonialism
A closer look at monetary policy with Thomas Sargent
04 Oct 2021 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetary economics, politics - USA Tags: monetary policy
Noam Chomsky on Leninism
04 Oct 2021 Leave a comment
in comparative institutional analysis, economic history, Marxist economics
Dead-Calm Weather Killing ‘Inevitable’ Renewable Energy ‘Transition’
03 Oct 2021 Leave a comment
Wind power is, by definition, a wholly weather-dependent power source. So, it should come as no surprise that – whenever a burst of calm-weather hits – those charged with responsibility for delivering power, as and when we need it, scramble to obtain it from any convenient and, more importantly, reliable source. Which is why Germany and the UK have reverted to reliance on their ‘dreaded’ and purportedly ‘dirty’ coal-fired power plants.
Back in January this year, the Germans mandated the closure of 11 coal-fired power plants (with a total combined capacity of 4.7GW). But the legislative shutdown barely lasted a week, with all of those plants being hastily brought back online in response to an outbreak of, you guessed it, calm weather.
Likewise, the Brits have been forced to bring old (thought to be redundant) coal-fired power plants back into service. Again, in response to a burst of calm weather.
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Die Hard
03 Oct 2021 Leave a comment
Die Hard (1988) Director: John McTiernan
“Come Out To The Coast, We’ll Get Together, Have A Few Laughs…”

★★★☆☆
Die Hard is a guilty pleasure movie, another amusing thriller from John McTiernan. It celebrates the great American working class hero, a lone everyman struggling against a sea of incompetence and bureaucracy -and the movie takes place on Christmas no less! It was widely expected to fail, and the decision to hire Bruce Willis, previously a television actor, for $5M against favored actors Arnold Schwarzenegger or Sylvester Stallone drew unfavorable press , but Die Hard has since become a Christmas “classic.” The story is based on a 1967 novel by Roderick Thorp called Nothing Lasts Forever.
Die Hard stars Bruce Willis, in his career-launching role as John McClane, a street-wise New York City cop who is flying out to Los Angeles for the holidays to salvage his collapsing marriage. His…
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October 2, 1452: Birth of Richard III, King of England and Lord of Ireland
03 Oct 2021 Leave a comment
Richard III (October 2, 1452 – August 22, 1485) was King of England and Lord of Ireland from June 26, 1483 until his death in 1485. He was the last king of the House of York and the last of the Plantagenet dynasty. His defeat and death at the Battle of Bosworth Field, the last decisive battle of the Wars of the Roses, marked the end of the Middle Ages in England.
Richard was born on 2 October 1452, at Fotheringhay Castle in Northamptonshire, the eleventh of the twelve children of Richard Plantagenet, 3rd Duke of York, and Cecily Neville, and the youngest to survive infancy. His childhood coincided with the beginning of what has traditionally been labelled the ‘Wars of the Roses’, a period of political instability and periodic open civil war in England during the second half of the fifteenth century, between the Yorkists, who supported Richard’s father…
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The Climate Clubs Solution | William Nordhaus
03 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, growth miracles, international economic law, International law, politics - Australia, politics - New Zealand, politics - USA, Public Choice, public economics Tags: carbon tax, carbon trading, climate clubs, free riding, international public goods
Why Mises Is Important – Israel Kirzner
03 Oct 2021 Leave a comment
in Austrian economics, Israel Kirzner, Ludwig von Mises


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