How much can discrimination explain? Walter Williams
26 Aug 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, discrimination, economic history, economics of information, Gary Becker, gender, health and safety, human capital, labour economics, labour supply, minimum wage, occupational choice, poverty and inequality, unemployment
Hayek’s Challenge
26 Aug 2021 Leave a comment
in Austrian economics, F.A. Hayek, history of economic thought
Oops – our PM’s halo has slipped in overseas critiques of NZs Covid elimination strategy
26 Aug 2021 Leave a comment
The Ardern government is clinging to its Covid elimination strategy, even as the Ministry of Health is looking at the need for booster shots for those who were vaccinated six months ago.
A new study by researchers in Britain has found that protection offered by the Pfizer vaccine, which is 88% effective in the first month, begins to fade within five to six months of the second injection. By then it is only 74% effective The Astra-Zeneca vaccine is only 67% effective after about five months.
New Zealand’s Director-General of Health, Ashley Bloomfield, today confirmed officials are considering booster injections for those who received their Pfizer vaccines in February, March and April.
Among NZ experts there has been debate on whether booster shots would be necessary. They agree the Pfizer vaccine is highly effective at preventing serious disease, hospitalisation and death.
Vaccines continue to perform well, including against the Delta…
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The Stasi and the Berlin Wall
26 Aug 2021 Leave a comment
in defence economics, economic history, economics of bureaucracy, economics of crime, law and economics, Marxist economics, Public Choice Tags: Berlin wall, East Germany
LEE KUAN YEW – INTERVIEW WITH CHARLIE ROSE (2009)
26 Aug 2021 Leave a comment
in defence economics, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, international economic law, International law, law and economics, Public Choice
The Crusades – Pilgrimage or Holy War?: Crash Course World History #15
26 Aug 2021 Leave a comment
in defence economics, economic history, economics of religion, laws of war, war and peace Tags: Crusades
Jay Bhattacharya: I stand by the Great Barrington Declaration
26 Aug 2021 Leave a comment
in health economics Tags: economics of pandemics
Origins of the Holy Roman Empire: Part III
25 Aug 2021 Leave a comment
Now let us examine the rise of Otto the Great.
The Medieval Kingdom of Germany started out as the eastern section of the Frankish kingdom. The rulers of the eastern area thus called themselves Rex Francorum, King of the Franks. The term rex teutonicorum (“King of the Germans”) first came into use in Italy around the year 1000.
After the death of the last Carolingian, Louis the Child, in 911, dukes of the stem duchies (another topic all together) of Saxony, Swabia and Bavaria, acknowledged the unity of the kingdom and elected Conrad I, Duke of Franconia to be their king on November 10, 911 at Forchheim. Conrad was the son of Duke Conrad of Thuringia (called the Elder) and his wife Glismoda, probably related to Ota, wife of the Carolingian emperor Arnulf of Carinthia and mother of Louis the Child.
The dukes of the stem duchies prevented the succession…
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Hearts of Darkness: The European Exploration of Africa by Frank McLynn (2)
25 Aug 2021 Leave a comment
The collision between Europe and Africa came at a time when European self-confidence, based on the wonders of science, was at a peak, and African social conditions were at their worst. (p.175)
This book turns out to be longer and more complex than it initially seems. In the first section, which makes up around a third of the text, McLynn details all the important European expeditions and explorers of note from 1788 to the end of the explorer era around 1890 in a packed hundred pages. It feels quite rushed and hectic.
But as you proceed on into the text it emerges that the first part is by way of being a glorified timeline or chronology, merely a sketch of the main series of expeditions, because McLynn’s real interest is in writing a thematic history of the subject, which aims to consider wider the issues and problems and practicalities of…
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Extinction Rebellion Thugs Hold London Hostage … Again
25 Aug 2021 Leave a comment
This is the third year in a row the XR hoodlums have nearly shut down London. Meanwhile London police stand down due to potential legal problems.
Utopia, you are standing in it! 
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