
business-as-usual scenario emissions from food production alone could use up all of our 1.5°C or 2°C carbon budget
03 Jul 2021 Leave a comment

12 Angry Men
03 Jul 2021 Leave a comment
12 Angry Men (1957) Director: Sydney Lumet
“It’s very hard to keep personal prejudice out of a thing like this. And no matter where you run into it, prejudice obscures the truth.”

★★★★★
12 Angry Men is a wonderful and compelling courtroom drama -almost the entirety of the film was shot inside a courtroom while a jury deliberates. The film was based on the earlier teleplay by Reginald Rose for the drama television program Studio One (it won him an Emmy). The film features an all-star cast of some of the greatest actors of the 1950s and 1960s. While it was hailed as a critical masterpiece of Hollywood courtroom drama, 12 Angry Men was a box office flop.
12 Angry Men uniquely explores notions of groupthink and consensus-building as well as the nature of reasonable doubt in our justice system. Throughout the film keen students of cinematography will notice as…
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Can we get rid of Covid-19 forever?
03 Jul 2021 Leave a comment
in development economics, economic history, growth disasters, health economics Tags: economics of pandemics
Northeast Corridor High Speed Rail (American vs. Swedish)
03 Jul 2021 Leave a comment
If there is one railway in the United States of America that currently qualifies as a high speed rail line, then that would be the Northeast Corridor (abbreviated NEC) that connects Boston – New York City – Philadelphia – Baltimore – Washington D.C.. These cities alone have a population of 12 million people, but if you look a the Bos-Wash Megalopolis which stretches from Boston to Washington D.C., the railway has potential for 52 million people living in the northeast of the USA. Since the foundation of the federal railway operator Amtrak, this route received various upgrades in the 70s, 90s and 2000s, getting rid of grade crossing, electrification and realignments to enable faster speeds. On large sections of the corridor speeds of 201kmh (125mph) and 217kmh (135mph) can be reached and on several sections north and south of Providence (Rhode Island) even speeds of up to 241kmh (150mph)…
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The Witch of Buchenwald
02 Jul 2021 Leave a comment

On this day in 1951, Ilse Koch, wife of the commandant of the Buchenwald concentration camp, was sentenced to life imprisonment in a court in West Germany. Ilse Koch was nicknamed the “Witch of Buchenwald” for her extraordinary sadism.
Koch was born in Dresden, Germany, the daughter of a factory foreman. She was known as a polite and happy child in her elementary school. At the age of 15, she entered an accountancy school. Later, she went to work as a bookkeeping clerk. At the time the economy of Germany had not yet recovered from Germany’s defeat in World War I. In 1932, she became a member of the rising Nazi Party.
On May 29, 1937, she married Karl Otto Koch, a colonel in the SS who was commander of the Sachsenhausen camp.
In the summer of 1937 he was transferred to Buchenwald, then a new concentration camp near Weimar. There Koch acquired her reputation as a sadist and nymphomaniac…
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Lost on the Left
02 Jul 2021 Leave a comment
in labour economics, labour supply, minimum wage Tags: offsetting behaviour, regressive left, The fatal conceit, unintended consequences

Why 7% of Montreal is Moving Today
02 Jul 2021 Leave a comment
in economic history, economics of regulation, law and economics, property rights
Ronald Coase on JS Mill’s false doctrine of “natural monopoly”
02 Jul 2021 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, history of economic thought, industrial organisation, law and economics, Public Choice, Richard Epstein, Ronald Coase, survivor principle
Cities and Economic Growth with Edward Glaeser — UC San Diego Economics Roundtable
02 Jul 2021 Leave a comment
in Alfred Marshall, applied price theory, applied welfare economics, economic growth, economic history, economics of bureaucracy, environmental economics, history of economic thought, industrial organisation, labour economics, labour supply, macroeconomics, property rights, Public Choice, public economics, transport economics, urban economics


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