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
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
Bill Maher won’t vote for someone who conveys “ick”
12 Sep 2024 Leave a comment
in politics - USA, television, TV shows Tags: 2024 presidential election
Although Maher is always accused of being a right-winger, that’s not true at all; he’s more or less a left-centrist, like me. Here he defines “ick” with some graphic examples, and says that Trump has a bad case of it, and that’s the best thing Democrats have going for them. But. . . . he […]
Bill Maher won’t vote for someone who conveys “ick”
Tonight’s debate and what Tom Friedman thinks Harris must do to win
11 Sep 2024 Leave a comment
in politics - USA Tags: 2024 presidential election
As you know, there’s a Big Debate tonight between Kamala Harris and Donald Trump. It’ll be broadcast on television on ABC, a non-cable channel. ABC says this: (note that times are Eastern times): The ABC News debate, moderated by David Muir and Linsey Davis, will take place on Tuesday, Sept. 10 at 9 p.m ET. […]
Tonight’s debate and what Tom Friedman thinks Harris must do to win
VP Harris hasn’t ‘moderated’ on climate issues – She doubles down on ‘climate crisis’ narrative, still supports net-zero policies that will harm grids, U.S. farming, and domestic energy
11 Sep 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: 2024 presidential election, solar power, wind power
KamalaHarris hasn’t “moderated” on climate issues. She doubles down on “climate crisis” narrative, still supports net-zero energy policies that will harm grid stability, agriculture, and all energy-related sectors. Nor does she regret her IRA vote.
VP Harris hasn’t ‘moderated’ on climate issues – She doubles down on ‘climate crisis’ narrative, still supports net-zero policies that will harm grids, U.S. farming, and domestic energy
Failing Banks
11 Sep 2024 Leave a comment
in business cycles, economic history, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics, politics - USA Tags: bank panics, bank runs
From Sergio Correia, Stephan Luck, and Emil Verner: Why do banks fail? We create a panel covering most commercial banks from 1865 through 2023 to study the history of failing banks in the United States. Failing banks are characterized by rising asset losses, deteriorating solvency, and an increasing reliance on expensive non-core funding. Commonalities across…
Failing Banks
Get Musk: Leading Investor Calls for the Prosecution of Elon Musk for “Undermining” the Federal Government
10 Sep 2024 Leave a comment
in economics of crime, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: 2024 presidential election, free speech, political correctness, regressive left
Silicon Valley investor Roger McNamee this weekend went on MSNBC’s “Last Word” and called for the arrest of Elon Musk for “undermining” the federal government by sharing his opinions on X.
Get Musk: Leading Investor Calls for the Prosecution of Elon Musk for “Undermining” the Federal Government
The Ghost of Richard Daley: Democrats Aren’t Creating Disorder; They’re Preserving it
10 Sep 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election
Below is my column in the Hill on the effort of Democratic officials to keep Robert Kennedy on the ballot in swing states after seeking to block actual candidates from the same ballots. It is all in the name of democracy. Here is the column:
The Ghost of Richard Daley: Democrats Aren’t Creating Disorder; They’re Preserving it
Hunter Biden Discovers There is No “Nicer” Way to Say “I’m Guilty”
08 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in Fox.com on the Hunter Biden guilty plea. The plea proved vintage Hunter Biden for all of the wrong reasons. The effort to plead guilty without admitting guilt left him looking like the most privilege person since Marie Antoinette. However, it was consistent with a bizarre criminal defense that never seemed […]
Hunter Biden Discovers There is No “Nicer” Way to Say “I’m Guilty”
From the comments, on moving to the suburbs
07 Sep 2024 Leave a comment
in economic history, politics - USA, transport economics, urban economics
As Ed Banfield observed, the flight to the suburbs pre-dated the car because people prefer cheaper housing and more space: “The first elevated steam railroads were in New York in the 1870s, and twenty years later every sizable city had an electric trolley system. Railroads and trolleys enabled more people to commute and to commute […]
From the comments, on moving to the suburbs
The Assassination of President William McKinley
07 Sep 2024 Leave a comment
in economic history, economics of crime, law and economics, politics - USA
The 25th president of the United States, William McKinley, was assassinated on September 6, 1901, during a public event at the Pan-American Exposition in Buffalo, New York. McKinley was attending a reception at the Temple of Music, where he was greeting members of the public as part of his duties at the exposition, a grand […]
The Assassination of President William McKinley
Hunter Biden Loses Game of Chicken With Himself
06 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in the New York Post on the sudden guilty plea from Hunter Biden in his federal tax case. It was not the plea but the timing of the plea that was the surprise. What is missing is any cognizable legal strategy in waiting until the first day of the trial to […]
Hunter Biden Loses Game of Chicken With Himself
Jim Crow and Black Economic Progress After Slavery
05 Sep 2024 Leave a comment
in applied price theory, discrimination, economic history, economics of education, human capital, labour economics, labour supply, politics - USA, poverty and inequality Tags: economics of slavery, racial discrimination
This paper studies the long-run effects of slavery and restrictive Jim Crow institutions on Black Americans’ economic outcomes. We track individual-level census records of each Black family from 1850 to 1940, and extend our analysis to neighborhood-level outcomes in 2000 and surname-based outcomes in 2023. We show that Black families whose ancestors were enslaved until […]
Jim Crow and Black Economic Progress After Slavery
“That Has to Stop”: Harris Denounces Unfettered Free Speech in 2019 CNN Interview
05 Sep 2024 Leave a comment
in economic history, liberalism, Marxist economics, politics - USA Tags: 2024 presidential election, Age of Enlightenment, free speech, political correctness, regressive left
I previously wrote how a Harris-Walz Administration would be a nightmare for free speech. Both candidates have shown pronounced anti-free speech values. Now, X owner Elon Musk and former independent presidential candidate Robert F. Kennedy Jr. have posted a Harris interview to show the depths of the hostility of Harris to unfettered free speech. I […]
“That Has to Stop”: Harris Denounces Unfettered Free Speech in 2019 CNN Interview
The pro-Hamas protests resume big time at Columbia
05 Sep 2024 Leave a comment
in defence economics, economics of crime, economics of education, law and economics, politics - USA, property rights Tags: free speech, Gaza Strip, Middle-East politics, regressive left, war against terror
I am not being hyperbolic by saying the protestors are “pro-Hamas” rather than “pro-Palestinian,” as they themselves extol Hamas (see below). What kind of student would glorify muderous terroristic thugs? Columbia ones, of course. You didn’t have to be a rocket scientist to predict that pro-Palestinian protests which violate campus regulations, as well as the […]
The pro-Hamas protests resume big time at Columbia
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
04 Sep 2024 Leave a comment
in applied price theory, budget deficits, business cycles, development economics, econometerics, economic growth, economic history, Edward Prescott, fiscal policy, great depression, history of economic thought, labour economics, law and economics, macroeconomics, Milton Friedman, monetarism, monetary economics, politics - USA, Public Choice, Robert E. Lucas, unemployment
Jon Hartley interviews Greg Mankiw on topics including New Keynesian macroeconomics, growth, and economic policy more broadly at his Capitalism and Freedom website (August 20, 2024, video and transcript available). Here are a few of the comments that caught my eye. On big models and small models in studying the macroeconomy: [O]n the issue of…
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
Utopia, you are standing in it! 
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