How Psychics Exploit Our Cognitive Biases
14 Mar 2021 Leave a comment
in economics of crime, economics of education, economics of information, economics of media and culture, law and economics
TRENCH WARFARE, 1915–1917
13 Mar 2021 Leave a comment

Aerial view of opposing trench lines between Loos and Hulluch, July 1917. German trenches at the right and bottom, British at the top-left.



The trench systems of 1915, 1916 and early 1917 became increasingly sophisticated as time, the lack of any significant advances or withdrawals and lengthy periods of inactivity allowed the soldiers abundant opportunities to improve the environment in which they lived and fought. Emplacements were routinely dug to depths of ten or twelve metres and included command and observation posts, bombardment shelters, sniper, machine-gun and sentry positions and suchlike, as well as field kitchens, medical aid posts and all manner of storage facilities (including often large quantities of ammunition and explosives). In early 1915 a typical basic dugout or shelter was constructed up to one metre wide (but no wider, in order to minimize the consequences of a direct hit by a shell), their sides reinforced with planks…
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Why Does Lithium Help Bipolar Disorder?
13 Mar 2021 Leave a comment
in health economics Tags: economics of mental illness
The Paperback Revolution
13 Mar 2021 Leave a comment
in economic history, economics of education, entrepreneurship, industrial organisation
B-17 Ball Turret Gunner (Dangerous Jobs in History)
13 Mar 2021 Leave a comment
in defence economics, labour economics, occupational choice, war and peace Tags: World War II
The Tudors: Edward VI & Lady Jane Grey (1547-1553)
13 Mar 2021 Leave a comment
Edward, the only son of Henry VIII and Jane Seymour, was crowned king of England in February 1547 at age nine. Thomas Cranmer, the first Protestant Archbishop of Canterbury, presided over the boy’s coronation. Sixteen years earlier Cranmer had helped Henry VIII establish the crown’s supreme authority over the church. Now, Cranmer used Edward’s coronation to showcase his newfound power. He surprised the coronation audience by turning to face them and explain that the king’s imperial authority was not answerable to the people, but only to God. This manner of absolutism that began under Henry VIII was more fully realized in the kingship of young Edward VI.
From a very young age, Edward was educated into the new school of Protestant reform. He was a serious and studious young man who was fervent, severe, and self-righteous in his theological inclinations. The…
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The Ostende Raid – Peace of Bucharest I THE GREAT WAR Week 198
13 Mar 2021 Leave a comment
in defence economics, war and peace Tags: World War I
Flak Towers – Flaktürme
13 Mar 2021 Leave a comment
in defence economics, war and peace Tags: World War II
Safe at last
12 Mar 2021 Leave a comment
in economics of crime, law and economics, politics - Australia, politics - New Zealand, politics - USA Tags: political correctness

The World’s Most Politically Illiterate Statement
12 Mar 2021 Leave a comment
Exactly one month ago, I declared that Congresswoman Ayanna Pressley deserved an award for the “world’s most economically illiterate statement” because of her claim that “poverty is not naturally occurring.”
In reality, poverty has been the norm throughout history. As documented by Professors Deirdre McCloskey and Don Boudreaux, it was only the development of capitalism (starting a few hundred years ago in Europe) that enabled humanity to enjoy amazing and unprecedented increases in living standards.
Moreover, Ms. Pressely was trying to argue that redistribution was the proper way to address poverty, and I concluded my column by noting “that part of her statement also is wrong, according to both U.S. data and global data.”
Today, I want to debunk another preposterous assertion.
David Smith of the U.K.-based Guardian wrote a column yesterday claiming that Biden’s so-called stimulus should be celebrated since it marks an end to forty years…
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Democracy or Partnership – what do we want?
12 Mar 2021 Leave a comment
The departure of Donald Trump from the White House was a victory for the US democratic system, which only just succeeded.If then Vice President Mike Pence had wavered under enormous pressure from President Trump and his cult-like supporters, Joe Biden might not be in the White House and there would have been serious civil disorder.The Republicans haven’t given up, they are now trying to make voting more difficult in several states.Democracy is a model under threat from many quarters, and losing around the world.
It is easy to forget how recently democracy has become mainstream.In Britain women over the age of 21 only got the vote in 1928 and in the US, universal suffrage only became accessible to all Afro-Americans in the last 55 years, because, prior to the 1960s voting reforms, there was serious voter suppression in parts of the country.Some former East European countries like Hungary have retreated…
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.@MBIEgovtnz gave @RMarchNZ special handling. @jamespeshaw should have put the phone down as soon as he knew
12 Mar 2021 Leave a comment



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