The Jordan B. Peterson Podcast: Douglas Murray
26 Jan 2021 Leave a comment
in discrimination, economics of education, gender, law and economics, liberalism, politics - Australia, politics - New Zealand, politics - USA Tags: Age of Enlightenment, free speech, political correctness, regressive left
Jordan Peterson – Why don’t Young people Understand Socialism
26 Jan 2021 Leave a comment
in development economics, economic history, growth disasters, growth miracles Tags: pessimism bias, regressive left, The Great Enrichment
#OTD Churchill passed
25 Jan 2021 Leave a comment
in defence economics, economic history, war and peace Tags: British politics, World War II World War I
NHS making fast progress on vaccinations
25 Jan 2021 3 Comments
in health economics Tags: economics of pandemics
2015 – Edward Prescott – Keynote Address
25 Jan 2021 Leave a comment
in business cycles, economic growth, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags: real business cycles
Winter of Discontent: Brits Face Power Rationing as Wind Power Output Collapses (again and again)
25 Jan 2021 Leave a comment
Brits expecting their thousands of wind turbines to deliver the goods this winter have been disappointed, yet again.
While Boris Johnson peddles his delusional plan to run the UK entirely on breezes and bluster, the typical (and wholly expected) collapse in wind power output across Britain this winter provides a taste of things to come.
Wind power acolytes run the line that their groovy ‘green’ product is free. But, Britain’s winter wind power drought, is a reminder that you only get what you pay for.
As the doldrums drove wind power output through the floor, the owners of what remains of Britain’s conventional, dispatchable power generators cashed in. Big-time! With the average wholesale price rocketing from £40 to £4,000 per MWh.
The obscene and endless subsidies siphoned off to wind power outfits – allowing them to undercut everyone else – have driven large volumes of reliable capacity out of the…
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How Expensive Were Candles in the Middle Ages
25 Jan 2021 Leave a comment
in economic history, energy economics Tags: The Great Enrichment
The Chernobyl Liquidators
25 Jan 2021 Leave a comment
in energy economics, environmental economics, health and safety, health economics, labour economics, law and economics, occupational choice, property rights Tags: nuclear energy
Russia Revisited: Germany’s Winter Wind & Solar Drought Results in Soviet Style Power Rationing
24 Jan 2021 Leave a comment
Soviet shortages led to the gag about “what has 100 legs and eats cabbage?” 50 Muscovites lining up to buy sausage.
Wind and solar obsessed Germans must feel a little like the USSR’s (unwilling) vegetarians at the moment.
Their endless seas of solar panels are plastered thick with snow and ice and, accordingly, producing two fifths, of five eighths of very little.
And their 30,000 wind turbines have downed tools, too. With bitterly cold, dead calm conditions across the country, wind power output has been reduced to an occasional trickle.
Power rationing is the only thing that’s preventing a total collapse of Germany’s grid; during the first week of January the country narrowly avoided widespread blackouts following the total collapse in wind and solar output.
But, if you relegate engineers to the status of well-meaning idiots, and supplant them with green ideologues with gender studies degrees, get ready for…
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From The Anals of Incompetence
24 Jan 2021 Leave a comment
The moment Joe and Jill Biden were left awkwardly standing in the cold outside White House on Inauguration Day when doors to their new residence didn’t open because chief usher had been FIRED five hours earlier.
(hattip Daily Mail)
The Great Fact @AOC @BernieSanders @oxfam
24 Jan 2021 Leave a comment
in development economics, economic history, growth disasters, growth miracles Tags: The Great Enrichment, The Great Fact
Lost on @BernieSanders @AOC
24 Jan 2021 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economics of bureaucracy, growth disasters, law and economics, property rights, Public Choice, public economics Tags: economics of socialism
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