The repeal of the Australian carbon tax: proof of falling power prices

Embedded image permalink

Image

Canada, U.S. to tighten security between ‘cross-border’ library

image

The line is the border. People can cross border inside buildings without reporting to customs.

Via http://en.m.wikinews.org/wiki/Canada,U.S._to_tighten_security_between‘cross-border’_library

Fact check: conspiracy theories aren’t just for conservatives

Respondents were asked whether they agreed with four statements:

  • “Much of our lives are being controlled by plots hatched in secret places,”
  • “Even though we live in a democracy, a few people will always run things anyway,”
  • “The people who really ‘run’ the country are not known to the voters.”
  • “Big events like wars, the current recession, and the outcomes of elections are controlled by small groups of people who are working in secret against the rest of us.”

Source: monkey cage

American conservatives distrust science in part because they identify it with the regulatory state. When science means nuclear weapons, innovation and winning the space race, conservatives love it.  When they associate science with the EPA, regulation, and global institutions, they hate it.

Just as climate science is unpalatable for the Right, the Left is uncomfortable with, for example, genetic modification and nuclear power. Research into risks and benefits of these technologies are met with suspicion by the Left.

I find it bizarre the right wing politics is considered more conspiratorial than the left wing – a left-wing that is currently obsessed with the comings and goings of the top 1%.

A gentleman by the name of Karl Marx had a conspiracy theory of history, that the bosses were conspiring against the workers, there is a ruling class pulling the strings from behind the scenes, and there is an inherent inequality of bargaining power between workers and employers because the bosses plot to keep wages down.

It should be mentioned in this connection that Karl Marx himself was one of the first to emphasize the importance, for the social sciences, of these unintended consequences.

In his more mature utterances, he says that we are all caught in the net of the social system. The capitalist is not a demoniac conspirator, but a man who is forced by circumstances to act as he does; he is no more responsible for the state of affairs than is the proletarian.

This view of Marx’s has been abandoned – perhaps for propagandist reasons, perhaps because people did not understand it – and a Vulgar Marxist Conspiracy theory has very largely replaced it. It is a come-down – the come-down from Marx to Goebbels.

But it is clear that the adoption of the conspiracy theory can hardly be avoided by those who believe that they know how to make heaven on earth. The only explanation for their failure to produce this heaven is the malevolence of the devil who has a vested interest in hell.

Karl Popper

Don’t let me start on how the Left over Left goes on about neoliberal conspiracy with Hayek and Friedman ruling the roost through the truly obscure Mont Pelerin Society.

bookjacketCover: The Road from Mont Pèlerin in HARDCOVER

The IMF, World Trade Organisation and trade negotiations are riddled with conspiracies if I am to believe my friends in the  Left over Left.

Mention multinational corporations to a member of the Left of good standing and conspiracy theories pour fourth.

It would be unfair to bring up GMOs to remind the left of how anti-science it is. Don’t kick people when they’re down. The whole point of the precautionary principle is to allow the Left to reject good science.

At bottom, what call the barricades works if it’s not sexed-up with a conspiracy theory?

The power of minorities in the market

image

Image

Inequality and Web Search Trends – NYTimes.com

via Inequality and Web Search Trends – NYTimes.com.

The most informative attack ad in US presidential campaign history

Why it’s going to be hard for Democrats to win back the House this decade, in one chart

Less than 30 per cent of the entire Congress runs in competitive districts and the trend towards non-competitive congressional districts seems to be getting worse, not better.

West Wing on the fight for privacy

https://www.youtube.com/watch?v=pj4PwyfDNuI

HT: Whale Oil

The criminally large difference between leaks to the media and hacking

There is a difference between hacking and leaks.

For example, Julian Assange is unlikely to face charges under American espionage laws because the FBI would have too pop down and arrest everybody at the New York Times and Washington Post  and the U.S. offices of the Guardian and more than a few famous book authors.

U.S. media organizations could be prosecuted for printing leaked classified information under US espionage legislation, but that prospect is unlikely because of official aversion to running afoul of the First Amendment.

If the government were to prosecute the  recipient of classified information – as opposed to the individual who leaked it from within the government such as Bradley Manning – mainstream media would fear that they could face prosecution for reporting information they routinely receive from government sources. There is no way to prosecute Assange for publishing information without the same theory being applied to journalists.

Assigned is in criminal law trouble only if he assisted Bradley Manning to leak the information as distinct from simply receive it from him. An example might be advising Manning on how to  get around computer security at his Defence Department workplace.

Hacking involves breaking into someone else’s place in the full knowledge that this is prohibited under computer crimes laws. Heavy penalties apply in the same way as physically braking in and stealing the documents. There is no moral or legal distinction.

The outrage against the phone hacking scandal in the UK was based upon breaches of computer crime law and corruption of public officials through bribes. The moral outrage in that scandal was topped up by the glee which some papers had at the fall from grace of their commercial and ideological rivals.

Your real mates vote for you when you’re wrong – Obama version

Image

Demographics of school voucher support

image

Image

Housing affordability is all about local government restrictions on the supply of land

urban limit

Image

As evidence mounts, it’s getting harder to defend Edward Snowden – The Washington Post

The evidence is mounting that Edward Snowden and his journalist allies have helped al Qaeda improve their security against NSA surveillance.

In May, Recorded Future, a predictive analytics firm, published a persuasive timeline showing that Snowden’s revelations about NSA’s capabilities were followed quickly by a burst of new, robust encryption tools from al-Qaeda and its affiliates:

via As evidence mounts, it’s getting harder to defend Edward Snowden – The Washington Post.

Stephen Williamson on Marginal Taxation

Karl Smith's avatarModeled Behavior

He says a lot. I’ll try to address piece by piece.

Next, some people have shown interest in this paper by Diamond and Saez. A key result that seemed to get these people excited is the calculation of a top optimal marginal tax rate (including all taxes) of 73%, relative to the current rate of 42.5%. There are two key assumptions that Diamond and Saez make to come up with the 73% optimal rate. First, we should not care about the welfare (at the margin) of the rich people. This argument is based solely on the notion that marginal utility of income is low for the top income-earners. Second, Diamond and Saez use a “behavioral elasticity” of tax revenue with respect to the tax rate of 0.25. To see how this matters, if you use their formula and an elasticity of one, you get an optimal top tax rate…

View original post 1,215 more words

Teen employment and the minimum wage: sixty years of U.S. experience

Teenemployment

In every episode, except 1996 (which is the smallest hike relative to average wages), there was a distinct decline in the trend of teen employment in the few months before the initial hike until a few months after the follow-up hike. This led Kevin Erdmann to ask:

Is there any other issue where the data conforms so strongly to basic economic intuition, and yet is widely written off as a coincidence?

HT: idiosyncraticwhisk.blogspot

Previous Older Entries Next Newer Entries

Arin’s Substack

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

David Andolfatto

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Monetary Non-Neutrality

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Reason Magazine

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coyote Blog

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Thoughts from the North

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Fardels Bear

A History of the Alt-Right

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”

The Victorian Commons

Researching the House of Commons, 1832-1868

The History of Parliament

Articles and research from the History of Parliament Trust

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

European Royal History

Exploring the Monarchs of Europe

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World