The Insane Engineering of the P-47 Thunderbolt
24 Nov 2021 Leave a comment
in defence economics, war and peace Tags: D-Day, World War II
Regressive left alert
23 Nov 2021 Leave a comment
in discrimination, labour economics, politics - Australia Tags: political correctness, racial discrimination, regressive left
Steven Pinker: Danger of moral panic over “fake news”
23 Nov 2021 Leave a comment
in economics of bureaucracy, economics of education, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: free speech, philosophy of science, political correctness, regressive left
Britons face £15,000 bill for heat pump upgrade – report exposes ‘significant’ hidden cost
23 Nov 2021 Leave a comment
November 22, 1975: Juan Carlos becomes King of Spain
23 Nov 2021 Leave a comment
Juan Carlos I (Spanish: Juan Carlos Alfonso Víctor María de Borbón y Borbón-Dos Sicilias, born January 5, 1938) is a member of the Spanish royal family who reigned as King of Spain from November 22, 1975 until his abdication on June 19, 2014. In Spain, since his abdication, Juan Carlos has usually been referred to as the Rey Emérito (“King Emeritus”).
Juan Carlos is the grandson of Alfonso XIII, the last king of Spain before the abolition of the monarchy in 1931 and the subsequent declaration of the Second Spanish Republic. Juan Carlos was born in Rome during his family’s exile. Francisco Franco took over the government of Spain after his victory in the Spanish Civil War in 1939, yet in 1947 Spain’s status as a monarchy was affirmed and a law was passed allowing Franco to choose his successor.
Juan Carlos’s father, Juan, was the third son of King…
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The Anachronism of State-controlled Money | George Selgin
22 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, business cycles, comparative institutional analysis, constitutional political economy, economic history, history of economic thought, industrial organisation, law and economics, macroeconomics, monetary economics, property rights Tags: monetary policy
What Makes A Good Leader? On The Caine Mutiny
22 Nov 2021 Leave a comment
“War is a business in which a lot of people watch a few people get killed
and are damn glad it wasn’t them.”
Just as important as exploring the particular qualities that constitute a successful leader, Herman Wouk’s Pulitzer Prize-winning masterpiece The Caine Mutiny examines the situations that inspire men to commit grave revolutionary acts –like the act of mutiny. Often compared to 1932’s Mutiny on the Bounty, The Caine Mutiny is a truly wonderful novel. Thus far in my quest to read the Pulitzer Prize-winners, I have been stuck in a string of novels offering mostly plotless portraits of struggling rural farmers, and so it was a delight for me to shift into a bit more levity with 1951’s The Caine Mutiny, a rare bestseller on top of being a Pulitzer Prize-winner. The tone is light, playful, almost satirical a la Joseph Heller’s Catch-22, even though…
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Ed Prescott Says ‘Partial’ Default Is Likely for Greece
22 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, comparative institutional analysis, currency unions, economic growth, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: real business cycles
5 Creepiest Places in North Korea
22 Nov 2021 Leave a comment
in defence economics, development economics, growth disasters, Marxist economics Tags: North Korea
Sowell on @AOC
22 Nov 2021 Leave a comment
in economics of education, Marxist economics, Thomas Sowell Tags: regressive left
Markets & Defense: Is Government Inevitable? – David Friedman and Randall Holcombe
22 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of crime, history of economic thought, law and economics, property rights
The Democrats are not learning
21 Nov 2021 Leave a comment
You would think that after the recent election losses in Virginia and the fright they got in New Jersey, not to mention the underwater polling of “President” Biden and the Democrat Party across the nation and across seemingly all issues, that they would be learning from their mistakes and trimming their sails as Bill Clinton did after the 1994 mid-terms elections booted his Democrats from power in both the Senate and, for the first time in forty years, from the House.
Admittedly he and his party didn’t trim until after that catastrophe so perhaps we’re looking at the same thing here.
But I suspect it’s worse than that. Back in those days representatives from Deep Blue districts were not extreme in their approach, despite having majorities the GOP couldn’t touch. Now we’ve got the likes of AOC, who feels she can push the edge of the envelope on policy and…
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