More on #marilynwaring and economists ignoring home production @waring_marilyn
12 Apr 2020 Leave a comment
in business cycles, discrimination, econometerics, gender, labour economics, labour supply, macroeconomics, poverty and inequality Tags: gender wage gap
Mind The Gaps: Wind Power Delivers Massive Daily Output Collapses Across Australia
12 Apr 2020 Leave a comment
There’s nothing like wind power when it comes to delivering grid chaos. It’s all about the weather, really.
If a picture’s worth a thousand words, what’s depicted above and below speaks volumes about just how pathetic is the ‘performance’ of Australia’s wind power fleet. Spread from Far North Queensland, across the ranges of NSW, all over Victoria, Northern Tasmania and across South Australia its 6,960 MW of capacity routinely delivers just a trickle of that.
Depicted above – courtesy of Aneroid Energy – is the output delivered by Australian wind power outfits to the Eastern Grid, so far this month.
Collapses of over 3,000 MW or more that occur over the space of a couple of hours are routine, as are rapid surges of equal magnitude, which make the grid manager’s life a living hell, and provide the perfect set up for power market price gouging by the owners of…
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David Levine on Keynes
12 Apr 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, history of economic thought, labour supply, macroeconomics, unemployment
A reopening of the Trans-Tasman border would help the tourist industry #COVID19
12 Apr 2020 Leave a comment
in health economics, international economics, politics - Australia, politics - New Zealand Tags: economics of pandemics
David K. Levine is Against Intellectual Monopoly
12 Apr 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, entrepreneurship, history of economic thought, industrial organisation, law and economics, Ronald Coase Tags: patents and copyright
Women in sport
12 Apr 2020 Leave a comment
in discrimination, economics of crime, gender, law and economics, property rights, sports economics Tags: political correctness, regressive left, women's liberation
Joint sovereigns of England: Differences between Felipe II of Spain and William III of Orange.
12 Apr 2020 Leave a comment
On April 11, 1689 William III and Mary II were crowned as joint sovereigns of England, Scotland and Ireland, the only time in British history when two sovereigns sat upon these thrones.
Generally when a Queen Regnant mounts the British throne her husband will not share her royal title. Elizabeth I never married and the husbands of sovereign queens Anne, Victoria and the current reigning monarch, Elizabeth II, were never made King Consorts. Although Scotland is different where Henry Stuart, Lord Darnley, was made King Consort of Scotland upon his marriage to Queen Mary I of Scotland.
Mary I, Queen of England and Ireland
However, twice in English history the husbands of a reigning Queen Regnant were granted the title “King of England” but there were differences. One was a full sovereign and the other was a consort. Ironically these were the spouses of Queen Mary I of England and…
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COVID-19: A Failure in Risk Management
12 Apr 2020 Leave a comment
See the French and Czech translations
When a train crashes, authorities are on the scene to determine the cause. The COVID-19 coronavirus is fast becoming a global train wreck and unless we quickly assess the the mistakes leading up to this tragedy, more trains will pile into the station.
The longer the Risk-Monger gets in the tooth, the more global mass panic events he has witnessed. Every crisis is a learning opportunity and as I had written in mid February, COVID-19, the Wuhan-originated coronavirus, has created a rich pedagogic environment. Lessons are, unsurprisingly, being learnt the hard way with more mistakes sending the public health situation deeper into disaster. Worse, as our communications methods move from an expert-based model to a bottom-up citizen-based community model, our friends on social media become our main source of information.
The authorities in the West responsible for managing public health risks were made aware…
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Fools say Islam is the most feminist religion
12 Apr 2020 Leave a comment
in economics of religion, health economics Tags: economics of pandemics, political correctness, regressive left, women's liberation
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