
Are @Greens right about coal?
21 Jan 2020 Leave a comment
in economic history, energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA Tags: climate alarmists

High Court of Justice for the trial of Charles I: January 20, 1649.
20 Jan 2020 Leave a comment
The High Court of Justice was the court established by the Rump Parliament to try King Charles I of England. This was an ad hoctribunal created specifically for the purpose of trying the king, although the name was used for subsequent courts.
After the first English Civil War, the parliamentarians accepted the premise that the King, although wrong, had been able to justify his fight, and that he would still be entitled to limited powers as King under a new constitutional settlement. By provoking the second Civil War even while defeated and in captivity, Charles was held responsible for unjustifiable bloodshed. The secret “Engagement” treaty with the Scots was considered particularly unpardonable; “a more prodigious treason”, said Oliver Cromwell, “than any that had been perfected before; because the former quarrel was that Englishmen might rule over one another; this to vassalize us to a foreign nation.” Cromwell up to this…
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The Cruel Hypocrisy: West Drops Wind Power as it Forces ‘Fake Electricity’ on the World’s Poor
20 Jan 2020 Leave a comment
Run on ‘real’ electricity: the City of Light,
brought to you courtesy of the Atom.
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After the Paris Climate Jamboree, the wind industry, its parasites and spruikers are licking their chops at the prospect of having the rich world fund the construction of millions of these things in the dark corners of the Planet. Sensible first world economies have tumbled (albeit, belatedly) to the fact the wind power is patent nonsense.
Paris, aka ‘The City of Light’ has been lit up by nuclear power for over 50 years, and that’s not about to change any time soon.
Britain has seen the light and has scrapped subsidies to wind power, with the number of threatened wind farms going from a roar to a whimper:
UK Wind Industry Collapses as David Cameron Slashes Subsidies for Wind Power
The Spanish were beguiled for a while by the wind industry’s promises of millions…
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Hearts of Darkness: Richest Nations Push Unreliable Renewables to Keep Africans Forever Poor
20 Jan 2020 2 Comments
There’s something altogether cynical about well-healed nations forcing the impoverished to embrace expensive and unreliable wind and solar. It is, of course, all done in the name of ‘saving the planet’. [Note to Ed: Not to mention saving the manufacturers of industrial wind turbines and solar panels, who are struggling back home].
As any economist specialising in development will eagerly tell you, the first step out of poverty for the Third World’s unfortunates is access to reliable and affordable energy. Relieving households of the daily drudgery of gathering sticks and dung to cook and heat homes; providing light and electricity to those homes by which the children might read and become educated; pumping and purifying the water they use; and giving a reliable source of power to miners, manufacturers, food processors and the like is – if you’re serious about creating a path out of poverty – all to the…
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.@cwcalomiris “Thinking Historically about Banking Crises and Bailouts”
20 Jan 2020 Leave a comment
in applied price theory, business cycles, econometerics, economic history, economics of information, economics of regulation, entrepreneurship, industrial organisation, law and economics, macroeconomics, monetary economics, politics - USA, Public Choice, public economics, rentseeking Tags: bank panics, bank runs, deposit insurance
8. Precise-looking numbers can fool people and policy-makers
20 Jan 2020 Leave a comment
in applied welfare economics, energy economics, environmental economics, global warming Tags: climate alarmists
Andrew Sullivan on the Democratic candidates
20 Jan 2020 Leave a comment
Andrew Sullivan’s “Intelligencer” column is a breath of fresh air in an increasingly woke New York Magazine. His Friday pieces are usually in three parts, and this week’s (click on screenshot below) is no exception. The three topics are, in order, the progress we’ve made in gay rights and women’s rights, and those who deny it (Sullivan doesn’t mention the demonization of Steve Pinker for his progressivism), the Democratic candidates with Sullivan’s assessment, and a bit of “shade” thrown at Meghan Markle for marrying into the royal family, knowing what she was getting into, and then kvetching about it. (“Sorry, but if you choose to marry into royalty, you have to take the rough with the smooth: The fame and luxury of being a princess comes packaged with bad press, intrusive photographers, and constant public duty. If Meghan didn’t expect this, it’s hard to understand how not.”)
Surprisingly, Andrew…
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Mao Against Everyone – China at War and Civil War – WW2 – 073 – January 18, 1941
19 Jan 2020 Leave a comment
in defence economics, war and peace Tags: World War II
Doomsday Climate Predictions: Wrong Then, Wrong Now
19 Jan 2020 Leave a comment
From the team at CFACT ~
How many doomsday predictions about the Earth’s climate must fail before they finally get broadly ignored and dismissed out of hand? Considering the track record of climate predictions that turned out to be false, we are well passed the moment of ridicule.
The latest climate prediction fiasco, about glaciers disappearing in Glacier National Park by 2020, is the latest reminder of the falsity of the man-made global warming movement. It’s 2020; the glaciers remain.
Predictions of climate catastrophe drone on, and get more hysterical, including many from the same people whose credibility was destroyed long ago. Yet, the climate alarmists remain undaunted and impervious to embarrassment. Instead, they simply move the goal posts by predicting more planetary weather Armageddon in the future and proposing more insanely expensive solutions to “address” it (notice they rarely promise to reverse assumed man-made warming).
It is not just…
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