The essence of socialism
06 Sep 2020 Leave a comment
in economics of crime, law and economics, politics - USA, property rights Tags: patents and copyright, regressive left
May 1943: Climax in the Atlantic I
06 Sep 2020 Leave a comment
Before examining the May convoy battles, it is worth noting another result of the ORU’s work. (Blackett had become Director, Naval Operational Research.) It was appreciated that the number of escort ships with a convoy reduced the loss rate and that air cover of about eight hours a day decreased ship losses by a third. However:
Since it was by no means safe to rely on the increase of air support to stop the crippling ship losses of the autumn of 1942, an energetic search was made for some other measures which could be put into operation quickly. Detailed attention was given, therefore, to the organizational aspects of the Atlantic convoy system. Perhaps some alteration in the organization of the convoys might conceivably improve the situation.
Hitherto, organization of convoys…
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George Harrison Monty Python Hysterical My Sweet Lord Pirate Song
06 Sep 2020 Leave a comment
in Music, television
Eurogliders – Without You (2nd Countdown appearance)
06 Sep 2020 Leave a comment
in Music, television
Divinyls – Boys in town ( Original Footage On Countdown Australian Television 6th September 1981 )
06 Sep 2020 Leave a comment
in Music, television
Two New Planets Discovered?
06 Sep 2020 Leave a comment
in economics of education, economics of media and culture
Affirmative Action and Its Mythology – Fryer and Loury
06 Sep 2020 Leave a comment
in applied price theory, applied welfare economics, discrimination, economics of bureaucracy, economics of education, human capital, income redistribution, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice, rentseeking Tags: affirmative action, political correctness, racial discrimination, regressive left, sex discrimination
Ocean carbon uptake widely underestimated, say researchers
05 Sep 2020 Leave a comment
The ocean carbon cycle [credit: IAEA]
Shockingly – for some – nature’s ocean carbon cycle is functioning quite well, despite constant attempts by feckless humans to undermine it [/sarc]. Time to revisit those troublesome computer models yet again.
– – –
The world’s oceans soak up more carbon than most scientific models suggest, according to new research, reports Phys.org.
Previous estimates of the movement of carbon (known as “flux”) between the atmosphere and oceans have not accounted for temperature differences at the water’s surface and a few metres below.
The new study, led by the University of Exeter, includes this—and finds significantly higher net flux of carbon into the oceans.
It calculates CO2 fluxes from 1992 to 2018, finding up to twice as much net flux in certain times and locations, compared to uncorrected models.
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Reality Check: Green Energy Fantasies Threaten Post COVID Economic Recovery
05 Sep 2020 Leave a comment
There’s debate over which did more harm: the coronavirus or government policy responses to it. But there’s no argument that our economic recovery requires reliable and affordable electricity. Which means that the current arguments about recharging economies using heavily subsidised and chaotically intermittent wind and solar are as dangerous as they are delusional.
Ross McKitrick makes the point that, if subsidised renewables didn’t make economic sense the lockdowns were enforced, they make even less sense now.
Ditch the fashionable green recovery plans
Financial Post
Ross McKitrick
19 August 2020
Green technologies that were known money-losers before the pandemic are still money-losers today.
There’s a curious idea floating around that the COVID crisis undid the principles of economics. Nobody puts it exactly like that, but it’s implied in the various proposals for restructuring the post-pandemic economy so that it will look very different from the one we experienced up to the…
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