Harvard magazine has an excellent interview with three scientists, Michael Mina, Douglas Melton and Stuart Schreiber, all highly regarded in their fields of life sciences, who have recently left Harvard for the private sector. Why did they leave? Mina tells an incredible story of what happened during the pandemic. At the time Mina was a […]
Why are Top Scientists Leaving Harvard?
Why are Top Scientists Leaving Harvard?
20 Dec 2024 Leave a comment
Blood in the snow-The Malmedy massacre
19 Dec 2024 Leave a comment
in defence economics, economics of crime, law and economics, laws of war, war and peace Tags: World War II
The Malmedy Massacre: A Tragedy of War and the Story of Survival The Malmedy Massacre, which occurred during the Battle of the Bulge on December 17, 1944, stands as one of the most heinous war crimes committed by German forces during World War II. This event, marked by the ruthless execution of unarmed American prisoners […]
Blood in the snow-The Malmedy massacre
Danish Fart Tax No Laughing Matter
19 Dec 2024 Leave a comment
in economics of climate change, environmental economics, environmentalism, global warming Tags: Denmark
Paul Schwennesen explains the nefarious intent behind this latest government hostile takeover in his Daily Economy article. Excerpts in italics with my bolds and added images. Cow farts are a distraction, and the joke’s on us. The Danish tax is a significant step toward state ownership of the means of production. Denmark, according to The New […]
Danish Fart Tax No Laughing Matter
The Danger of White Knight Pardons: Biden Could Fundamentally Change Presidential Power
19 Dec 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in the New York Post on the news reports that President Joe Biden is seriously considering preemptive pardons for political allies. In granting what I have called “White Knight pardons,” Biden would achieve more of a political than legal purpose. Democrats are worried about the collapsing narrative that President-elect Donald Trump […]
The Danger of White Knight Pardons: Biden Could Fundamentally Change Presidential Power
So will they call the Supreme Court racist names now?
19 Dec 2024 Leave a comment
in discrimination, law and economics, politics - New Zealand, property rights Tags: free speech, political correctness, racial discrimination, regressive left
The Herald reports: The Supreme Court has ruled the majority of the Court of Appeal “erred” in a major decision that ultimately eased the test for Māori to gain customary rights for use of the foreshore and seabed. Its just-issued ruling allows an appeal by the Attorney-General against the Court of Appeal’s decision last October, at a time the […]
So will they call the Supreme Court racist names now?
GARY JUDD KC: SUBMISSION ON TREATY PRINCIPLES BILL
18 Dec 2024 Leave a comment
in law and economics, politics - New Zealand, property rights Tags: constitutional law
Support for the bill 1. I support the bill. My primary reason is the need for robust affirmation of the twin pillars of our constitution: New Zealand’s commitment to the rule of law and to the sovereignty of Parliament (Senior Courts Act 2016, s 3(2)). I wish to be heard in support of my submission.…
GARY JUDD KC: SUBMISSION ON TREATY PRINCIPLES BILL
Nobel Laureate Paul Krugman’s GDP Graph Confirms the Bottom has Fallen Out of the New Zealand Economy
18 Dec 2024 Leave a comment
in budget deficits, business cycles, economic growth, economic history, fiscal policy, macroeconomics, monetary economics, politics - New Zealand
High profile US Economist Paul Krugman has written a New York Times article in which he shows in one graph the incredible resilience and performance of the American Economy. The dark blue line below tracks the pre-pandemic long-run trend in Real GDP. Meanwhile the orange line is actual real GDP. Krugman remarks that now, in…
Nobel Laureate Paul Krugman’s GDP Graph Confirms the Bottom has Fallen Out of the New Zealand Economy
Some Simple Economics of the Google Antitrust Case
17 Dec 2024 1 Comment
in applied price theory, economics of information, entrepreneurship, industrial organisation, law and economics, politics - USA, Public Choice, survivor principle, theory of the firm Tags: competition law
The case is straightforward: Google pays firms like Apple billions of dollars to make its search engine the default. (N.B. I would rephrase this as Apple charges Google billions of dollars to make its search engine the default–a phrasing which matters if you want to understand what is really going on. But set that aside […]
Some Simple Economics of the Google Antitrust Case
Now In A New Wrapping
17 Dec 2024 Leave a comment
in environmental economics, politics - New Zealand, politics - USA Tags: recycling
Most plastic simply cannot be recycled – Greenpeace, October 24, 2022 I posted about this matter a couple of years ago, based mainly on 1996 article in, of all places, the NYT, that trashed the whole concept. The writer of that original article, John Tierney, says he got more hate mail for it than any […]
Now In A New Wrapping
Call in the Bailiffs: How the NZ Government’s Green Investment Fund Turned Itself Into an Unpleasant Predatory Lender and Debt Collection Agency.
16 Dec 2024 1 Comment
in applied price theory, comparative institutional analysis, energy economics, entrepreneurship, environmental economics, law and economics, politics - New Zealand, property rights Tags: solar power
The just resigned Chair of the NZ Green Investment Fund (NZGIF) and Chancellor of Auckland University, Cecilia Tarrant, previously worked at Morgan Stanley Bank in New York, starting in 1997 and finishing in 2009. She’s a very nice person, a lawyer by training, and Structured Products expert, in particular on Mortgage Backed Securities. The collapse of…
Call in the Bailiffs: How the NZ Government’s Green Investment Fund Turned Itself Into an Unpleasant Predatory Lender and Debt Collection Agency.
Health insurance companies are not the main villain
16 Dec 2024 1 Comment
in applied price theory, health economics, industrial organisation, survivor principle Tags: health insurance
First of all, insurance companies just don’t make that much profit. UnitedHealth Group, the company of which Brian Thompson’s UnitedHealthcare is a subsidiary, is the most valuable private health insurer in the country in terms of market capitalization, and the one with the largest market share. Its net profit margin is just 6.11%… That’s only about half of […]
Health insurance companies are not the main villain
Proportionality in war
16 Dec 2024 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, war and peace
The principle of proportionality in war, which suggests that the use of force should be commensurate with the objectives sought and the harm avoided, is rooted in humanitarian concerns. However, in the brutal realities of war, this concept is often impractical and can even prolong conflict, resulting in greater suffering. History and military strategy suggest […]
Proportionality in war
Democrats now about identity, not working class
16 Dec 2024 1 Comment
in liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left
This graphic from Nate Silver is fascinating. Up until 2010, Democrats were mainly seen as representing the working class, but now they are mainly seen as standing for marginalised groups and only 11% now identify them as representing the working class. This partially led to Trump winning white working class voters in 2016, and a…
Democrats now about identity, not working class
Utopia, you are standing in it! 
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