Over 20 years ago, some middling economists (cite) estimated that the Small Business Set-Aside program reduced Forest Service Timber prices by 15%. By limiting the potential pool of available bidders to only smaller lumber mills, you get less competition and worse prices. Now San Francisco is re-learning that lesson. In 2016, it refused to do…
Using procurement for political ends gives you worse prices.
Using procurement for political ends gives you worse prices.
09 Mar 2024 Leave a comment
in applied price theory, economics of bureaucracy, entrepreneurship, income redistribution, industrial organisation, law and economics, politics - USA, Public Choice, public economics, rentseeking, theory of the firm, transport economics, urban economics Tags: cartels, competition and monopoly, competition law
Sick Joke: Nothing ‘Green’ About California’s All Electric Vehicle Mandates
09 Mar 2024 Leave a comment
in economics of bureaucracy, economics of climate change, energy economics, entrepreneurship, environmental economics, global warming, market efficiency, politics - USA, Public Choice, transport economics, urban economics Tags: electric cars, solar power, wind power
There’s nothing wrong in theory about all-Electric Vehicles. But, if they really were a sensible substitute for petrol or diesel-powered vehicles, they’d already be jumping off the shelves. Except, for some strange reason, they aren’t. There’s plenty of irony attached to the all-EV cult: the world’s largest EV charging station is run entirely using diesel […]
Sick Joke: Nothing ‘Green’ About California’s All Electric Vehicle Mandates
DON BRASH: PERHAPS THE MOST IMPORTANT SPEECH FROM THE NEW GOVERNMENT SO FAR
03 Mar 2024 Leave a comment
in applied price theory, economics of bureaucracy, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, regulation, rentseeking, transport economics, urban economics Tags: land supply, zoning
Last week, Housing Minister Chris Bishop gave perhaps the most important speech by the new Government since the election. In a speech to the Wellington Chamber of Commerce, he said he wanted the ratio of house prices to median household income to more than halve to between 3 and 5 over the next 10…
DON BRASH: PERHAPS THE MOST IMPORTANT SPEECH FROM THE NEW GOVERNMENT SO FAR
Mercedes-Benz Scraps Plans to Make Only Electric Vehicles Due to ‘Market Conditions’
26 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: electric cars
By Paul Homewood h/t Gamecock TRANSLATION – NOBODY WANTS TO BUY THE USELESS THINGS! . . Mercedes-Benz has backtracked on their plan to transition to selling only electric vehicles after 2030, with company officials saying that “market conditions” have not allowed that to happen. It was just three years ago when the […]
Mercedes-Benz Scraps Plans to Make Only Electric Vehicles Due to ‘Market Conditions’
This is the only picture ever taken of the Concorde flying at Mach 2 (1,350 mph). Taken from an RAF Tornado fighter jet, which only rendezvoused with Concorde for 4 minutes over the Irish Sea
26 Feb 2024 Leave a comment
in economic history, transport economics
📸 Look at this post on Facebook
https://www.facebook.com/share/XKSwzjxUr4X7YJL1/?mibextid=RXn8sy
Ford EV Crisis: “Our Gen 2 vehicles won’t launch unless we can … profit”
16 Feb 2024 1 Comment
in energy economics, entrepreneurship, environmental economics, global warming, industrial organisation, Public Choice, rentseeking, survivor principle, transport economics Tags: electric cars
Death of the EV revolution?
Ford EV Crisis: “Our Gen 2 vehicles won’t launch unless we can … profit”
Roads over the centuries
15 Feb 2024 Leave a comment
in economic history, transport economics Tags: Roman empire
Demand for electric cars crashed last summer, supply is slow to adjust
15 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: electric cars
From WSJ: The wave of early EV adopters willing to splurge had receded, and the next round of potential customers was proving more hesitant. They had more questions about how far a car could go on a single charge, and the life expectancy of batteries. They worried about charging times, repair costs, and not having…
Demand for electric cars crashed last summer, supply is slow to adjust
The Govt’s Version Of EV Facts
08 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: electric cars
By Paul Homewood Yesterday’s BBC article about the Lords bemoaning “misinformation” about EVs mentioned this govt website, which supposedly offers us the truth. In fact it is pure gaslighting, trying to convince people that the facts say something which they don’t: https://www.gov.uk/government/publications/electric-vehicles-costs-charging-and-infrastructure/electric-vehicles-costs-charging-and-infrastructure Let’s run through some of the Q & As:
The Govt’s Version Of EV Facts
The West’s humiliating electric car climbdown has begun
07 Feb 2024 1 Comment
in energy economics, entrepreneurship, environmental economics, global warming, transport economics Tags: electric cars
By Paul Homewood Ambitious plans for an electrification-led industrial revolution are in full-scale retreat France’s President Macron had a plan to make millions of electric vehicles a year. Chancellor Scholz planned to put 15 million on Germany’s roads by 2030. President Biden trumped the lot with a $174bn (£138bn) plan to make […]
The West’s humiliating electric car climbdown has begun
Flying in America Has Actually Never Been Safer
05 Feb 2024 Leave a comment
in economics of regulation, health and safety, transport economics Tags: air accidents, air crash investigations
U.S. airlines have gone nearly 15 years without a fatal crash—and it’s not just luck. The revolution in the skies began with an innovative program that has become a model for the rest of the world.By Ben Cohen of The WSJ. I used the book The Economics of Public Issues in my micro classes. It had…
Flying in America Has Actually Never Been Safer
Māori official in New Zealand’s Coast Guard insists that prayer to a god is the key to reducing drowning
30 Jan 2024 Leave a comment
in economics of religion, transport economics Tags: Age of Enlightenment, free speech, Freedom of religion, political correctness, regressive left
This very short article appeared in Waatea News, which I gather is a purveyor of news related to the Māori of New Zealand. (It also runs, I believe, the country’s only Māori radio station.) I’m putting it up for one reason, and then we’ll get a break from the Kiwis and the iwi for a […]
Māori official in New Zealand’s Coast Guard insists that prayer to a god is the key to reducing drowning
Third Electric Bus Fire In London This Month
28 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: road safety
By Paul Homewood Another electric bus fire in London. This is Putney Bus Garage: https://twitter.com/ediz1975/status/1750116346606633023 The story has also been covered in the The Standard here.
Third Electric Bus Fire In London This Month
Creativity
25 Jan 2024 Leave a comment
in economic history, entrepreneurship, transport economics Tags: space
📸 Look at this post on Facebook
https://www.facebook.com/share/Z3YCjKcPoG8jbUCE/?mibextid=RXn8sy
Death of EVs? Hertz Downscaling Total EV Fleet by a Third
13 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics
Customers don’t want EVs: “… eliminate a disproportionate number of lower margin rentals and reduce damage expense associated with EVs. …”
Death of EVs? Hertz Downscaling Total EV Fleet by a Third
Utopia, you are standing in it! 
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