Arado Ar 234 – First Jet Bomber and Variants
24 Mar 2020 Leave a comment
in defence economics, war and peace Tags: World War II
Stalin’s Paranoid Military Purges – The Great Terror | BETWEEN 2 WARS I 1938 Part 4 of 4
24 Mar 2020 Leave a comment
in defence economics, economics of bureaucracy, economics of crime, law and economics, Marxist economics, Public Choice, war and peace Tags: Stalin, World War II
How A Drone Strike Works – Cheddar Explains
24 Mar 2020 Leave a comment
in defence economics, laws of war, war and peace Tags: war against terror
Key curve flattener is fewer hospitalizations of middle aged. Frees up beds for seniors who have high mortality risk.
24 Mar 2020 Leave a comment
in health economics Tags: economics of pandemics
Don’t Expect Millions To Die From Coronavirus, Says Richard Epstein
23 Mar 2020 Leave a comment
in health economics Tags: economics of pandemics
‘Intervention is essential, but does not signal a socialist state’
23 Mar 2020 Leave a comment
The coronavirus job retention scheme is the biggest step the Chancellor has taken so far, both in terms of its nature (subsidising the wages of millions of private sector worker) and cost (potentially many tens of billions of pounds). This raises three questions. Is this degree of state intervention justified? What more is needed? And how will all this support eventually be stopped?
The first of these questions is relatively easy to answer. The government has made the exceptional decision to shut down large parts of the market economy to save many thousands of lives. It is only right that this is matched by exceptional policy responses to protect businesses and jobs, and thus prevent a temporary economic shock from becoming a prolonged depression.
The new wage subsidy scheme is cleverly designed. The Institute for Fiscal Studies has argued that it might encourage businesses to concentrate work among a small…
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The positive productivity shock from current government borrowing en masse
23 Mar 2020 Leave a comment
in applied welfare economics, fiscal policy, health economics, macroeconomics, public economics
Parliament and COVID-19: the Coronavirus Bill and beyond
23 Mar 2020 Leave a comment
The Coronavirus Bill introduced by the government last week will be debated by parliament in circumstances where it is harder for both Houses to meet, scrutinise and vote than at any time in recent memory. How should parliament respond to both the legislation and the crisis that prompted it? Former Clerk of the Commons David Natzler outlines the key issues facing MPs and peers as they consider how parliament should function in the coming months.
Just as the dust is settling on the first phase of the Brexit marathon, and the Constitution Unit and others are examining the role played by Parliament over the past three years, COVID-19 presents itself wholly unexpectedly as a challenge to all the nation’s institutions. Parliament was settling in for five years of single-party majority government and it looked as if, Brexit deal aside, it would be relatively smooth sailing. Now parliament faces…
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Why Your Mental Map of the World Is (probably) Wrong
23 Mar 2020 Leave a comment
MOST OF UShave a rough map of the world in our minds that we use any time we think about places. But these mental maps aren’t necessarily reliable. In fact, many of the maps in our heads share the same errors, some of which are quite large—and surprisingly resistant to correction.
For instance, we all know thatSouth Americais south ofNorth America, of course. But you may be surprised by the fact that virtually the entire South American continent iseastof Florida. There are lots of possible reasons for geographical misconceptions like this one, says cartographer John Nelson. Mental maps are necessarily simplifications, and Nelson suspects the misplaced Americas may be partly a result of their names. After all, it’s not calledSoutheastAmerica.
Nelson’s father, who was…
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The left always lead by example on hate speech
23 Mar 2020 Leave a comment
in economics of crime, law and economics
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