Nazi Rudolf Hess’s Mad Mission for Peace (Strange Stories of WWII)
12 Sep 2021 Leave a comment
in defence economics, laws of war, war and peace Tags: World War II
Finn Kydland at AIM, part 1/2
12 Sep 2021 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, fiscal policy, global financial crisis (GFC), great recession, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics
The Plot to Assassinate Hitler (Operation Valkyrie, 1944)
12 Sep 2021 Leave a comment
in defence economics, laws of war, war and peace Tags: World War II
Business Cycles – Edward C. Prescott 2/15
11 Sep 2021 Leave a comment
in applied price theory, budget deficits, business cycles, development economics, economic growth, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, labour supply, macroeconomics, monetary economics Tags: real business cycles
COP26: Climate minister criticised for international – and quarantine free – travel
11 Sep 2021 Leave a comment
Airport scene [image credit: Wikipedia] Here, there and everywhere by jet in pursuit of ‘net zero’ = not zero. What happened to the alleged climate emergency they claim we’re in? Farcical, and his US counterpart does the same.
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The president of the UK’s upcoming climate change conference is under fire for reportedly travelling to more than 30 countries in seven months, says BBC News.
The Daily Mail said seven of the places visited by Alok Sharma were also on the Covid red list – but he used an exemption available to ministers to not have to quarantine on his return.
The government said face-to-face meetings were “crucial” ahead of COP26.
But Wales’ First Minister Mark Drakeford called it “inexplicable”.
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COP26: Poorest countries fear not reaching UK for climate summit due to Covid rules
11 Sep 2021 Leave a comment
If the Queen, the Pope, or the US President – all classed as vulnerable due to their age – get Covid in Glasgow, climate won’t get a look-in.
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The world’s poorest countries say they are worried about getting to the COP26 climate summit in Glasgow in November, reports BBC News.
Twenty are on the UK’s Covid red list – meaning hotel quarantine for arrivals.
They say the fortnight-long talks may involve being away for seven weeks as they will also have to isolate on return.
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THE AFGHANISTAN PAPERS: A SECRET HISTORY OF THE WAR by Craig Whitlock
11 Sep 2021 Leave a comment
(Former President Bush flashes a thumbs-up after declaring the end of major combat in Iraq aboard a U.S. aircraft carrier in 2003. He now says declaring mission accomplished was a mistake.)
In 1971 the Supreme Court ruled in a 6-3 decision, that the U.S. government had not met “the heavy burden of showing justification for the enforcement” of prior restraint. The Court ordered the immediate end of the injunctions against publication which led to the dissemination of the Pentagon Papers by the New York Times. ThePentagon Papers, officially titledReport of the Office of the Secretary of Defense Vietnam Task Force is a Defense Department history of the United States’ political and military involvement in Vietnamfrom 1945 to 1967. Though Washington Post national security reporter Craig Whitlock’s new book, THE AFGHANISTAN PAPERS: A SECRET HISTORY OF THE WAR does not rise to the level of the Pentagon Papers
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High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency
11 Sep 2021 Leave a comment
The welfare state and the so-called war on poverty has been very bad news for taxpayers.
But it’s also very bad news for poor people, in part because various redistribution programs can lure them out of the productive economy and into total dependency on government (and this will become an even bigger problem if Biden’s per-child handouts are approved).
But it’s also bad news because redistribution programs can result in very high implicit tax rates for low-income people who try to improve their lives by climbing the economic ladder.
I shared an example back in 2012, which showed how a single mother in Pennsylvania would be worse off with $57,000 of income instead of $29,000.
In other words, she would be dealing with a de facto marginal tax rate of more than 100 percent.
If you want to understand how this happens, Professors Craig Richardson and Richard…
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European Witch Trials and Forgotten History
11 Sep 2021 1 Comment
in economic history, economics of religion Tags: superstition
Bruce Lee
11 Sep 2021 Leave a comment

I don’t think there is anyone on the planet who hasn’t heard of Bruce Lee. There probably isn’t that much I can say about the man that is not know yet. But on the 48th anniversary of his death it might be a good starting point to look at the lesser known facts of Bruce Lee.
Lee was born Lee Jun Fan on November 27, 1940, in San Francisco, California, in both the hour and year of the Dragon. His father, Lee Hoi Chuen, a Hong Kong opera singer, moved with his wife, Grace Ho, and three children to the United States in 1939; Hoi Chuen’s fourth child, a son, was born while he was on tour in San Francisco.
Lee received the name “Bruce” from a nurse at his birthing hospital, and his family never used the name during his preschool years. He only started to use the name…
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When Cassius Clay became Muhammad Ali
11 Sep 2021 Leave a comment

On March 6,1964 Cassius Clay announced that he no longer would be known as Cassius Clay but as Muhammad Ali.
Clay had been linked to the Nation of Islam, although they initially had refused him entry as a member due to his boxing career. However when Clay beat Joe Liston in 1964, the Nation of Islam did accept him , I can only speculate that this was a good Public Relations move for them.
Shortly afterwards on March 6, Elijah Muhammad gave a radio address that Clay would be renamed Muhammad (one who is worthy of praise) Ali (most high).

Muhammad Ali had claimed that his old name Cassius Clay was a “slave name and a white man’s name”
Unfortunately this is what happens so often when athletes, musicians, actors or other celebrities get involved in a political movement(although the nation of Islam had religious elements, it was really a…
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Nazi War criminals in Ireland
10 Sep 2021 Leave a comment

Before I start I have to say I love Ireland and I love living here, but like most nations in the world Ireland too has some black pages in its history.
Although Ireland was supposed to be neutral, at times it took that neutrality too far, Sending condolences to Germany after Hitler died was a good example. What is even more disturbing is that it did harbour Nazi war criminals and helped some evade justice. Often these evil men did lead a very comfortable life in Ireland.
A small number of Germans, Croatians,Belgians and Dutch who arrived in the Irish Republic after 1945. Although some were suspected of having worked for Hitler, there was no determined official effort to weed them out. It is estimated that between 100 and 200 Nazi criminals found refuge in Ireland.
I will be looking at just a few of them, starting off with a…
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Unnecessary Night-time Nuisance: Why Wind Turbine Noise Is So Much More Annoying After Dark
10 Sep 2021 Leave a comment
Delivering a thumping, grinding, mechanical cacophony, industrial wind turbines drive neighbours nuts. But, as a recent study from Flinders University in South Australia has found, there’s a reason why wind turbine noise is so much worse after dark.
The pulsing, thumping nature of wind turbine noise – which relates to blades passing the tower – is referred to as ‘amplitude modulation’ (AM). And it’s the peaks and troughs in sound pressure levels that makes living with wind turbine noise a daily misery for thousands around the world.
But changes in humidity, temperature, atmospheric pressure, wind speed and direction all have a part to play in how the wind industry’s victims get to experience AM in the range of other unnatural noises generated by these things.
Over the last four years, Dr Kristy Hansen and her PhD candidate Duc Phuc Nguyen have been researching the complex nature of the noise from…
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