
Stephen Williamson explains quantitative easing
25 Apr 2020 Leave a comment
in financial economics, macroeconomics, monetary economics
Did @jacindaardern misspeak about elimination and eradication are synonymous?
25 Apr 2020 Leave a comment
in health economics, politics - New Zealand Tags: economics of pandemics
April 24, 1558 – Mary I, Queen of Scots, marries Prince François, the Dauphin of France, at Notre Dame de Paris.
25 Apr 2020 Leave a comment
The Bride
Mary I, Queen of Scotland (December 8, 1542 – February 8, 1587), reigned over Scotland from 14 December 1542 to 24 July 1567.

Mary I, Queen of Scotland
Mary was born on December 8, 1542 at Linlithgow Palace, Scotland, to King James V of Scotland and his French second wife, Mary of Guise. She was said to have been born prematurely and was the only legitimate child of James to survive him. She was the great-niece of King Henry VIII of England, as her paternal grandmother, Princess Margaret of England, was Henry VIII’s sister. Besides being the queen of Scotland, Mary was a granddaughter of Claude, Duke of Guise, a very influential figure at the court of France.
On December 14, 1542, six days after her birth, she became Queen of Scotland when her father died, following the Battle of Solway Moss after drinking contaminated water while on…
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New movie by Michael Moore on our despoliation of Earth
25 Apr 2020 Leave a comment
Michael Moore has put his latest movie, “Planet of the Humans” free on YouTube. It’s directed and narrated by Jeff Gibbs (Moore is the executive producer) and is 1 hour and 40 minutes long: just right for quarantine watching. I have to admit that I haven’t yet seen it, but I surely will. (I regard watching videos, or television, as luxuries that induce in me a sense of guilt.) But what I gather is that—as with all Moore’s films—it’s Manichaean, and two of the villains here are the mainstream environmental movement and “green energy”. The lesson seems to be that we’re doomed unless we practice stringent population control.
Here are the YouTube notes:
Michael Moore presents Planet of the Humans, a documentary that dares to say what no one else will this Earth Day — that we are losing the battle to stop climate change on planet earth…
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The Fall Of The Business Suit
25 Apr 2020 Leave a comment
in economic history, economics of media and culture
Review of “Patton: A Genius For War” by Carlo D’Este
24 Apr 2020 Leave a comment
Reading the Best Biographies of All Time

Patton: A Genius For War
by Carlo D’Este
977 pages
HarperCollins
Published: November 1995
“Patton: A Genius For War” was published in 1995 and is the biography for which Carlo D’Este is best known. He is an author, military historian and a retired lieutenant colonel in the U.S. Army. Three years ago I read and reviewed his 2002 biography of Dwight Eisenhower as part of my journey through the best presidential biographies.
There are few better pairings in the world of biography than George S. Patton – a wickedly complicated, imperious and colorful military mind – and Carlo D’Este. With 820 pages of text and a treasure trove of uncommonly illuminating notes and bibliography this book is comprehensive, balanced, unfailingly attentive and the product of meticulous research. What it is not, however, is efficient.
Published 50 years after Patton’s death, this book features an excellent prologue and…
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Cousin Marriage Is Not Choice: Muslim Marriage and Underdevelopment
24 Apr 2020 Leave a comment
in applied price theory, development economics, economics of religion, growth disasters, law and economics, property rights
Jobs Freeze: America’s Wind & Solar ‘Industries’ Crushed By COVID-19 – 100,000 Sacked
24 Apr 2020 Leave a comment
So-called ‘green’ jobs are a case of easy come, easy go. The wind and solar ‘industries’ that gave birth to those jobs simply can’t survive without massive and endless subsidies, which means their days are numbered.
With the axe being taken to subsidies across the globe, their ultimate demise is a matter of when, not if.
The German wind industry is in free-fall: new construction is at a standstill, in no small part due to the fact that rural Germans are in full-scale revolt against the wind industry.
In 2019 less than 200 turbines were erected onshore and a trifling 160 are planned for 2020, so far.
Tens of thousands of those groovy ‘green’ jobs that the wind industry promised would last forever, have disappeared, almost overnight.
Seeking to cash in on America’s response to the coronavirus crisis its wind and solar power outfits tried to snare $billions out of…
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The ideological opposition to biological truth
24 Apr 2020 Leave a comment
One distressing characteristic of the Left, at least as far as science is concerned, is to let our ideology trump scientific data; that is, some of us ignore biological data when it’s inimical to our political preferences. This plays out in several ways: the insistence that race doesn’t exist (and before you accuse me of saying that races do exist, read about what I’ve written here before: the issue is complex), that there are no evolutionarily-based innate (e.g., genetically based) behavioral or psychological differences between ethnic groups, and that there are no such differences, either, between males and females within humans.
These claims are based not on biological data, but on ideological fears of the Left: if we admit of such differences, it could foster racism and sexism. Thus. any group differences we do observe, whether they reside in psychology, physiology, or morphology, are to be explained on first principle as resulting from culture rather…
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Acclaim for the PM boosts Labour in the polls – but voters may not be so kind as the recession bites
24 Apr 2020 Leave a comment
Reports have been circulating in Wellington of sampling by pollsters which show support for Labour climbing into the 49-51% range and for National slumping to the low 30’s.
To those enraptured by the “kindness” of the Prime Minister and impressed by the government’s performance during the Covid-19 pandemic, a result like that would be no surprise. Many New Zealanders rejoice in the plaudits which overseas media heap on Jacinda Ardern as a “world leader” who is outperforming her peers in other countries.
An influential American magazine, The Atlantic, described Ardern as maybe the most effective leader on the planet.
In contrast, there is consistent criticism of Opposition Leader Simon Bridges from some media figures. Left-wing blogs come alive with speculation of a coup any day within the National caucus.
So is the forthcoming election one that an Opposition party might want to lose?
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