It is now plausible to envision scenarios in which global demand for crude oil falls to essentially zero by the end of this century, driven by improvements in clean energy technologies, adoption of stringent climate policies, or both. This paper asks what such a demand decline, when anticipated, might mean for global oil supply. One […]
The end of oil?
The end of oil?
05 Dec 2024 Leave a comment
in applied price theory, econometerics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking, resource economics Tags: peak oil
‘Taxpayer Talk’ | Simon Court joins Jordan Williams to talk RMA reform
14 Oct 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, environmental economics, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics, rentseeking, resource economics, transport economics, urban economics Tags: zoning
Tangled Webs: How Crony Capitalists Built The Climate Industrial Complex
02 Oct 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, Public Choice, rentseeking, resource economics Tags: celebrity technologies, solar power, wind power
Crony capitalists come in all shapes and sizes, and so do their political enablers. The whole point of patronage, networking and gladhanding is obtaining benefits not available to anyone else. The only people that complain about a rort are those that aren’t in on it. The Climate Industrial Complex was built on will the back […]
Tangled Webs: How Crony Capitalists Built The Climate Industrial Complex
Generation IV: New Reactor Design Makes Ever-Reliable Nuclear Safer Than Ever
26 Sep 2024 Leave a comment
in energy economics, environmental economics, global warming, resource economics Tags: nuclear energy
Generating power reliably around-the-clock, nuclear power has always made sense – ask the French, for starters. When compared against the chaotic intermittency of wind and solar, and their need for massive and endless subsidies, nuclear power generation wins hands down. If anything, the disaster unfolding in places where increasing wind and solar capacity has wrecked […]
Generation IV: New Reactor Design Makes Ever-Reliable Nuclear Safer Than Ever
Facts about Britain
22 Sep 2024 Leave a comment
in applied price theory, economic growth, economics of bureaucracy, economics of regulation, energy economics, environmental economics, industrial organisation, labour economics, law and economics, macroeconomics, Public Choice, resource economics, transport economics, urban economics Tags: British politics
Between 2004 and 2021, before Russia’s invasion of Ukraine, the industrial price of energy tripled in nominal terms, or doubled relative to consumer prices. With almost identical population sizes, the UK has under 30 million homes, while France has around 37 million. 800,000 British families have second homes compared to 3.4 million French families. Per capita electricity generation in the UK […]
Facts about Britain
Here’s How One Biden-Appointed Judge’s Ruling Could Bring Drilling in Gulf of Mexico to A Halt
12 Sep 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, fisheries economics, global warming, law and economics, politics - USA, property rights, resource economics Tags: nuisance suits
Notably, oil produced in the Gulf of Mexico is less carbon-intensive than oil produced elsewhere; one May 2023 analysis commissioned by the National Ocean Industries Association (NOIA) found that oil extracted offshore in the Gulf of Mexico is 46% less carbon-intensive than the global average excluding the U.S. and Canada.
Here’s How One Biden-Appointed Judge’s Ruling Could Bring Drilling in Gulf of Mexico to A Halt
DON BRASH: WHO IS MISLEADING THE PUBLIC?
16 Aug 2024 Leave a comment
in income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking, resource economics Tags: constitutional law, native title
A letter signed by more than 170 legal “experts” has been circulated around the media in the last few days and quoted extensively. Unfortunately, I have not been able to locate the letter in its entirety but have gathered some quotes. The letter claims to fact check Hobson’s Pledge’s ad which was published on…
DON BRASH: WHO IS MISLEADING THE PUBLIC?
Venezuela under “Brutal Capitalism”
31 Jul 2024 Leave a comment
in development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, income redistribution, law and economics, liberalism, Marxist economics, property rights, Public Choice, rentseeking, resource economics Tags: Venezuela
Jeffrey Clemens points us to some bonkers editorializing in the NYTimes coverage of the likely stolen election in Venezuela. The piece starts out reasonably enough: Venezuela’s authoritarian leader, Nicolás Maduro, was declared the winner of the country’s tumultuous presidential election early Monday, despite enormous momentum from an opposition movement that had been convinced this was […]
Venezuela under “Brutal Capitalism”
David Friedman – Application of Economic Analysis to the Law
07 Oct 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, David Friedman, economics of crime, economics of information, environmental economics, history of economic thought, industrial organisation, law and economics, property rights, resource economics, Richard Posner, Ronald Coase Tags: air pollution, noise pollution
Friedrich Hayek on Redistribution of Wealth
27 Jul 2021 Leave a comment
in economics of education, entrepreneurship, F.A. Hayek, history of economic thought, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, resource economics
Myth of the Rational Voter
02 May 2020 Leave a comment
in applied price theory, economics of bureaucracy, economics of crime, economics of education, economics of information, economics of regulation, election campaigns, energy economics, environmental economics, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, managerial economics, market efficiency, Marxist economics, minimum wage, organisational economics, personnel economics, politics - USA, population economics, property rights, Public Choice, public economics, rentseeking, resource economics, theory of the firm, transport economics, urban economics, welfare reform Tags: anti-foreign bias, anti-market bias, make-work bias, pessimism bias, rational ignorance, rational irrationality, regressive left
A Conversation with Harold Demsetz
22 Apr 2020 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economic history, economics of bureaucracy, economics of information, economics of regulation, entrepreneurship, environmental economics, financial economics, George Stigler, health economics, history of economic thought, industrial organisation, law and economics, property rights, Public Choice, resource economics, Richard Posner, Ronald Coase, Ronald Coase, Ronald Coase, survivor principle, theory of the firm, transport economics, urban economics
Sustainable development = inefficient resource depletion
19 Apr 2020 Leave a comment
in applied price theory, fisheries economics, law and economics, property rights, resource economics
So @mfe_news advised @jamespeshaw that unilateral action is futile. Only global action will help.
08 May 2019 Leave a comment
in applied price theory, applied welfare economics, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand, Public Choice, public economics, resource economics Tags: climate alarmism, free-riders, game theory, international public goods
Recent Comments