David Levine Patents | Oxford Union Web Series
12 Oct 2021 Leave a comment
in economic history, entrepreneurship, history of economic thought, industrial organisation, law and economics, property rights, survivor principle Tags: patents and copyright
SKBI Public Lecture by Nobel Laureate Professor Thomas Sargent: MODEL UNCERTAINTY IN MACROECONOMICS
12 Oct 2021 Leave a comment
in business cycles, economic history, entrepreneurship, financial economics, history of economic thought, macroeconomics
Facts About Winston Churchill
12 Oct 2021 Leave a comment
in defence economics, economic history Tags: British history
The Simpsons take on Social Justice Warriors
12 Oct 2021 Leave a comment
in behavioural economics, liberalism, libertarianism, Marxist economics, Public Choice, television Tags: free speech, political correctness, regressive left
‘Green’ Energy’s Epic Fail: Wind Gods Conspire to Ruin Europe’s Wind Power ‘Transition’
11 Oct 2021 Leave a comment
Europe’s ‘green’ energy transition has turned into high farce, with wind power output collapsing across the continent. The wind Gods are clearly angry. Britain and Germany have been in the doldrums for weeks; the gas needed to plug the gaps is in short supply, with the price of both gas and electricity, skyrocketing. The power market is nothing short of perfect pandemonium.
A while back, Boris Johnson – promoting his push for an all wind powered future – claimed that “it’s easy being green”. Now, at the mercy of the wind Gods, his grid managers are in a constant state of dread and panic, waiting for the moment when the entire UK power grid collapses into a full ‘system black’.
And Boris’ concept of “being green”, apparently includes firing up old coal-fired power plants, as the only reliable generation system, in town.
However, as The Australian’s Economics Editor, Judith Sloan…
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You’re brainy because of your white supremacy
11 Oct 2021 Leave a comment
It’s not an overstatement that our Universities are in trouble when it comes to the ability to exercise academic freedoms. If you put your name to a letter that argues that Maori indigenous knowledge “falls far short of what we can define as science”, you are forced to resign.
But it seems it’s quite acceptable to publish an article in a medical journal claiming that University meritocracy is a result of white supremacy.
Merit should be redefined and universities should take greater notice of indigenous self-determination and “a lived understanding of socioeconomic adversity”, academics from the University of Otago argue.
White supremacy, privilege and “meritocracy” were stubborn hurdles to a more just approach to student selection, public health specialist Prof Peter Crampton and colleagues contend in the New Zealand Medical Journal today.

The authors argued principles of meritocracy and the ideology of white supremacy had ensured barriers to…
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Robert Lucas sums up business cycles
11 Oct 2021 Leave a comment
in business cycles, economic history, Edward Prescott, global financial crisis (GFC), great depression, great recession, history of economic thought, macroeconomics, monetary economics, Robert E. Lucas Tags: real business cycles
Blaspheming while it is still legal
11 Oct 2021 Leave a comment
in economics of crime, economics of religion, law and economics, liberalism, libertarianism, politics - New Zealand Tags: Blasphemy, free speech

The liberation of Dachau
11 Oct 2021 Leave a comment

I have been to Munich several times over the last 15 years or so, and every time I visited the city I planned to take the short train journey to Dachau.But for some bizarre reason I never got there.It was as if fate didn’t want me to go there, maybe it was afraid I wasn’t ready to face the horrors that were committed there, for I am an emotional man,not whiny but emotional.
I can not even fathom the disgust and hate the allied troops must have felt when they liberated the camp this day 72 years ago.
Below are pictures if what they found when they arrived on 29 April 1945, subsequently the same day Adolf Hitler married Eva Braun.


Polish survivors celebrating the liberation of Dachau






Walenty Lenarczyk, a prisoner at Dachau, stated that following the camp’s liberation “prisoners swarmed over the wire and grabbed the Americans and…
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‘Such was Cronkite’s influence’
11 Oct 2021 Leave a comment
The Boston Herald published an odd commentary the other day, one that scoffed at core elements of the media myth of the “Cronkite Moment” of 1968 while repeating the dubious elements anyway.
Cronkite in Vietnam
Such can be the appeal of media-driven myths, those apocryphal or improbable tales about powerful media influence: They can be too compelling to resist and as such invite comparisons to the junk food of journalism.
The Herald’s commentary discussed the mythical “Cronkite Moment” as historical context in considering the lies told about the chaotic U.S. withdrawal from Afghanistan, which may have permanently damaged Joe Biden’s beleaguered presidency.
The commentary asserted:
“Back in 1968 widely respected CBS News anchor Walter Cronkite reported that the controversial war in Vietnam, which had so divided the country, was lost, hopelessly ‘mired in stalemate.’
“Coming from Cronkite, a battle-hardened World War II…
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Essential Nozick: Income redistribution is incompatible with liberty
11 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, entrepreneurship, history of economic thought, human capital, industrial organisation, labour economics, labour supply, poverty and inequality, Rawls and Nozick, survivor principle
David Friedman on Triple-V: Consequentialism, Foreign Policy, Unschooling, more…
11 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of crime, environmental economics, law and economics, property rights




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