Energy secretary Miatta Fahnbulleh wants full Net Zero by 2030. The post Is Britain’s New Energy Secretary Even Crazier than Mad Ed? appeared first on Watts Up With That?.
Is Britain’s New Energy Secretary Even Crazier than Mad Ed?
Is Britain’s New Energy Secretary Even Crazier than Mad Ed?
27 Jul 2026 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, Marxist economics Tags: British politics
The DSA and the Myth of Scandinavian Socialism
27 Jul 2026 Leave a comment
in Marxist economics, politics - USA Tags: Norway, Sweden
This week, Darializa Avila Chevalier was asked if there has ever been a “successful model of socialism anywhere in the…
The DSA and the Myth of Scandinavian Socialism
Goldman’s Demand for “One Case” of Immigration Obstruction Fails Spectacularly When DHS Offers 7,000 in New York Alone
27 Jul 2026 Leave a comment
in economics of crime, labour economics, labour supply, law and economics, politics - USA Tags: economics of immigration
An over-30-point primary loss would ordinarily produce a degree of introspection and self-reflection in a politician. Indeed, even such a…
Goldman’s Demand for “One Case” of Immigration Obstruction Fails Spectacularly When DHS Offers 7,000 in New York Alone
The failure of the League of Nations.
26 Jul 2026 Leave a comment
in defence economics, International law, laws of war, war and peace Tags: World War I
The failure of the League of Nations is one of the most significant geopolitical collapses of the 20th century. Established after World War I to prevent another global conflict, it ultimately proved powerless against the rise of aggressive militarism in the 1930s. Historians generally attribute its collapse to four interconnected fatal flaws: Furthermore, other crucial […]
The failure of the League of Nations.
NZ First and the oil and gas ban
26 Jul 2026 Leave a comment
in economics of regulation, energy economics, politics - New Zealand
Audrey Young writes: The ban was not in the NZF coalition agreement with Labour. They could have simply refused to back it, and there would not have been the votes for it. But they decided to back it. That is a fact. The post NZ First and the oil and gas ban first appeared on…
NZ First and the oil and gas ban
Hipkins hypocrisy
25 Jul 2026 Leave a comment
in politics - New Zealand Tags: 2026 general election
Stuff reports: Labour leader Chris Hipkins wasn’t happy when new ACT Party candidate Paul Henry said he’d need to “shoot” Hipkins, during a game of “shoot, shag, marry”. His other options were Prime Minister Christopher Luxon and NZ First leader Winston Peters, who, given the options, he’d “shag”. Hipkins said Henry wasn’t a serious candidate. “New…
Hipkins hypocrisy
Occupational Licensing: US and International
25 Jul 2026 Leave a comment
in applied price theory, economics of information, economics of regulation, human capital, income redistribution, labour economics, labour supply, occupational choice, occupational regulation, politics - USA, Public Choice, rentseeking
The potential benefit of having the government require that certain jobs require an official license is quality control and protection. Personally, I rather like knowing that my nurse or doctor or dentist has gone through courses and training. The potential cost is that requirement to have a government license can become a way for those…
Occupational Licensing: US and International
Just fix industrial allocations
25 Jul 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand Tags: carbon tax, carbon trading
New Zealand’s Emissions Trading Scheme includes industrial allocations of carbon credits aimed at avoiding inefficient carbon leakage.But the formula is wrong. Imagine that you’re a domestic firm producing stuff that generates CO2 emissions. You correctly have to surrender NZU – one for each tonne of emissions. But if competitors in foreign markets do not face a…
Just fix industrial allocations
Cataloging Growth: A Re-Evaluation of 1900–1990
25 Jul 2026 Leave a comment
in applied price theory, economic growth, economic history, entrepreneurship, macroeconomics
From Verónica Bäcker-Peral and Benjamin Wittenbrink of MIT: Measuring real GDP growth requires distinguishing changes in prices from changes in product quality and composition, yet systematic quality adjustment of price indexes is unavailable for much of the twentieth century. We construct a new quality-adjusted price index for U.S. consumer goods using 5.1 million product listings…
Cataloging Growth: A Re-Evaluation of 1900–1990
Let them build: electricity and datacentres edition
24 Jul 2026 Leave a comment
in economics of regulation, energy economics, entrepreneurship, politics - New Zealand
New Zealand’s electricity companies know how to stick a pipe into the ground in the Taupo Volcanic Zone and generate electricity. They’ve been doing it for decades, and there is enormous untapped potential. America’s hyperscalers are currently willing to pay a large premium for immediacy. They are sticking expensive off-grid generators beside datacentres that would have…
Let them build: electricity and datacentres edition
The Winner’s Curse: Behavioural Economics Anomalies Then and Now
24 Jul 2026 Leave a comment
in behavioural economics, history of economic thought
Paul Krugman described behavioural economics as the most important innovation in the economics discipline for half a century.[1] Three decades ago, I reviewed The Winner’s Curse: Paradoxes and Anomalies of Economic Life by Richard Thaler which reported behaviour which appeared anomalous according to the economist’s standard model of ‘rational economic man’. Anomalies are at the heart of scientific […]
The Winner’s Curse: Behavioural Economics Anomalies Then and Now
The Case Against a Universal Basic Income
23 Jul 2026 1 Comment
in applied price theory, fiscal policy, income redistribution, labour economics, labour supply, macroeconomics, politics - New Zealand, poverty and inequality, Public Choice, welfare reform
A Universal Basic Income, or UBI, is a superficially attractive idea. Under such a scheme, every adult would receive a regular payment from the government, regardless of income, employment or need. Supporters argue that it would reduce poverty, simplify welfare, provide security in an uncertain labour market and give people greater freedom to choose how […]
The Case Against a Universal Basic Income
“Start Spreadin’ the News”: New York Losing Billions as Millionaires Flee the Big Apple
23 Jul 2026 Leave a comment
in applied price theory, economic growth, fiscal policy, macroeconomics
Below is my column in the New York Post on the sharp decline in millionaires in New York, costing the…
“Start Spreadin’ the News”: New York Losing Billions as Millionaires Flee the Big Apple
The Rise of the Champagne Socialists: Democratic Leaders Join Socialists in Criticizing Capitalism
23 Jul 2026 Leave a comment
in Marxist economics, politics - USA
Below is my column on Fox.com about the growing condemnation of capitalism in the Democratic Party as establishment figures such…
The Rise of the Champagne Socialists: Democratic Leaders Join Socialists in Criticizing Capitalism
DAYS OF LOVE AND RAGE: A STORY OF ORDINARY PEOPLE FORGING A REVOLUTION by Anand Gopal
22 Jul 2026 Leave a comment
in defence economics, laws of war, war and peace Tags: Iraq, Syria
(Turkish-backed Syrian rebels stand on the back of a truck at Manbij countryside, December 29, 2018. Turkey-backed rebels have been mobilizing for an attack on Manbij in nearby areas that have been under Turkey’s control since it swept into northern Syria in 2016, part of its effort to roll back the YPG). Syria is a […]
DAYS OF LOVE AND RAGE: A STORY OF ORDINARY PEOPLE FORGING A REVOLUTION by Anand Gopal
Utopia, you are standing in it! 
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