Legal penalties for greenwashing could force Aussie companies to declare their total lack of interest in climate action.
Will Australia’s Mandatory Climate Reporting make Greenwashing Illegal?
Will Australia’s Mandatory Climate Reporting make Greenwashing Illegal?
13 Jan 2025 Leave a comment
in economics of climate change, economics of information, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, financial economics, global warming, politics - Australia Tags: climate activists, climate alarmism
Noah Smith on L.A: fire lessons
13 Jan 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of natural disasters, environmental economics, environmentalism, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: unintended consequences
The best piece I have seen so far, here is one bit: Basically, the lessons I take away from the horrific L.A. fires are: The insurance industry as we know it is in big trouble. Climate change is making wildfires worse, but there’s not much we can do about that right now. Forest management needs […]
Noah Smith on L.A: fire lessons
Joyce on Kaye and Turia
13 Jan 2025 Leave a comment
Steven Joyce writes: I first met Nikki Kaye more than 20 years ago. She was a young researcher in the National Party Leader’s Office, and I had just been appointed to chair the investigation into what was then (and remains) the National Party’s worst-ever election result. The deputy leader at the time, Roger Sowry, directed me to the Backbencher […]
Joyce on Kaye and Turia
Is ESG investing illegal? In TX it is.
13 Jan 2025 Leave a comment
in financial economics, politics - USA Tags: efficient markets hypothesis, regressive left
Breaking: …US District Judge Reed O’Connor found that the airline breached its fiduciary duty … by prioritizing ESG considerations over the financial interests of participants. … The court criticized American Airlines for allowing its asset manager, BlackRock, to advance goals unrelated to maximizing returns for plan participants. “ERISA does not permit a fiduciary to pursue…
Is ESG investing illegal? In TX it is.
‘A Huge Win’: Woke ‘Cartel’ Of Financial Giants Dealt Death Blow 11 Days Before Trump Takes Office
13 Jan 2025 Leave a comment
in applied price theory, economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, financial economics, global warming, politics - USA, Public Choice, rentseeking Tags: efficient markets hypothesis
“The news of BlackRock’s departure from NZAM should be music to the ears of every American consumer,” Will Hild, executive director of conservative nonprofit Consumers’ Research, told the Daily Caller News Foundation. “NZAM is an illegitimate cartel of asset managers pushing harmful and costly net zero policies across the entire economy. The activities of NZAM and its members raise prices on Americans everywhere from the gas pump to the grocery store.”
‘A Huge Win’: Woke ‘Cartel’ Of Financial Giants Dealt Death Blow 11 Days Before Trump Takes Office
Woodrow Wilson’s Fourteen Points I THE GREAT WAR WEEK 181
12 Jan 2025 Leave a comment
in defence economics, International law, laws of war, politics - USA, war and peace Tags: World War I
Debanking: Oil companies and the “far right” watch out
12 Jan 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, financial economics, global warming, industrial organisation, politics - New Zealand Tags: climate activists, climate alarmism, competition law enforcement
The decision of the Court of Appeal in the case of BNZ v Gloriavale is here if you want to read it. Gravedodger wrote his views on the topic here. I want to focus on a particular comment in the decision at paragraph [139]. That comment was this one: [139] In particular, we do not […]
Debanking: Oil companies and the “far right” watch out
Willis on targeting vs universality
12 Jan 2025 Leave a comment
in labour economics, politics - New Zealand, welfare reform
The Herald reports: She said the current system was problematic in that many entitlements were claimed by wealthy people and paid for by hiking taxes on workers of all income levels. “There are a lot of entitlements and support that have crept into the middle and upper class, and I would prefer to have a […]
Willis on targeting vs universality
The Interests of the U.S. and the Honolulu Climate Case Before the U.S. Supreme Court
12 Jan 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights Tags: climate alarmism, federalism
The Supreme Court should grant certiorari on this case. There is a clear conflict between several federal court rulings, specifically and most clearly the Second Circuit’s dismissal of New York City’s virtually identical lawsuit in 2021and the ruling by the Hawaii Supreme Court. Both court rulings reveal a conflict on the issue of whether federal law precludes claims brought under state law and whether a given state may apply its laws to address purported injuries caused by emissions from another state. Moreover, the Hawaii Supreme Court decision clearly is incorrect: Interstate emissions, international emissions, and negotiations with foreign governments inherently are issues for the federal government to address.
The Interests of the U.S. and the Honolulu Climate Case Before the U.S. Supreme Court
With the Trump Sentencing, the Verdict is in . . . for the New York Legal System
11 Jan 2025 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column at Fox.com on the sentencing of President-Elect Donald Trump. The conviction should be overturned on appeal. However, the most lasting judgment will be against the New York court system itself in allowing this travesty of justice to occur. Here is the column:
With the Trump Sentencing, the Verdict is in . . . for the New York Legal System
Price controls destroy wealth: California Fire Insurance
11 Jan 2025 Leave a comment
in economics of natural disasters, economics of regulation, environmentalism, financial economics, income redistribution, law and economics, politics - USA, property rights, Public Choice, regulation, rentseeking, urban economics Tags: price controls
Noah Smith via Marginal Revolution, and Kim Mai Cutler. The CA insurance regulator is elected, and is reluctant to allow higher rates for fire insurance, despite the big risks, lest she be voted out of office. As a consequence, expected profits are low, so a majority of top insurers have stopped issuing fire insurance in CA.…
Price controls destroy wealth: California Fire Insurance
The Health Research Council
11 Jan 2025 Leave a comment
in health economics, politics - New Zealand Tags: cranks, political correctness, regressive left
In late August 2024, the Minister of Health, Dr Shane Reti, issued updated guidance to the Health Research Council (“HRC”) after years of scandalous funding was revealed. Dr Reti wanted it to fund cures, not Kaupapa, and definitely not spiritual curses. Especially given $126 million is spent in annual “health” research and the government’s books are not […]
The Health Research Council
Left-Wing Economists Were Wildly Wrong about Javier Milei and his Libertarian Agenda for Argentina
10 Jan 2025 Leave a comment
in applied price theory, Austrian economics, budget deficits, business cycles, comparative institutional analysis, constitutional political economy, development economics, economic growth, economics of regulation, financial economics, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, international economics, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetarism, monetary economics, political change, politics - USA, property rights, Public Choice, public economics, rentseeking, unemployment Tags: Argentina
It’s easy to mock economists. Consider the supposedly prestigious left-leaning academics who asserted in 2021 that Biden’s agenda was not inflationary. At the risk of understatement, they wound up with egg on their faces.* Today, we’re going to look at another example of leftist economists making fools of themselves. It involves Argentina, where President Javier […]
Left-Wing Economists Were Wildly Wrong about Javier Milei and his Libertarian Agenda for Argentina
Anti-ag activists at it again
10 Jan 2025 Leave a comment
in economics of regulation, politics - New Zealand Tags: agricultural economics, animal rights, Animal welfare
The anti-ag activist group Peta is at it again – using selective footage which appears to show animal abuse by shearers. If they were genuinely concerned about animal welfare they would have acted on the abuse immediately and reported incidents to the Ministry for Primary Industries (MPI) and/or the SPCA. Instead they went to the […]
Anti-ag activists at it again
California Tipping Point
10 Jan 2025 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: 2024 presidential election, climate alarmism
Faced with the election of Donald Trump to a second term, soaring inequality, and a decline in support from the state’s non-white majority, California’s Democratic leaders have begun asking hard questions about the state’s vaunted climate policies.
California Tipping Point
Utopia, you are standing in it! 
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