The Wire – Stringer Bell teaches Marlo how business is done
01 Aug 2019 Leave a comment
in television
Life as a North Korean Elite | Former Ambassador Thae Yong-ho | China Uncensored
01 Aug 2019 Leave a comment
in defence economics, development economics, economics of bureaucracy, economics of crime, growth disasters, growth miracles, international economics, International law, law and economics, Public Choice Tags: China, North Korea
The Wire – I don’t think any of us wants to have to get a real job
01 Aug 2019 Leave a comment
in television
Free Stuff 2020
01 Aug 2019 Leave a comment
in politics - USA, public economics Tags: 2020 presidential election
British Invasions
31 Jul 2019 Leave a comment
States which have not been invaded by the British (white)
At some point in it’s history, Britain has invaded about 90% of the countries of the world. While most of these states were not a part of the British Empire, all the countries in red sustained some kind of British military presence or government sanctioned incursion. The list of 22 non-invaded countries, which includes São Tomé and Príncipe (though not pictured on the map), was put together by Stuart Laycock in his 2012 book, All the Countries We’ve Ever Invaded: And the Few We Never Got Round To.
Milton Friedman on Crony Capitalism in the US Oil Industry
31 Jul 2019 Leave a comment
“Few U.S. industries sing the praises of free enterprise more loudly than the oil industry. Yet few industries rely so heavily on special governmental favors.” (Milton Friedman, 1967)
In honor of his 107th birthday, MasterResource reprints a 1967 essay by Milton Friedman, “Oil and the Middle East,” which nicely summarized the political power and cronyism of the domestic oil industry at the time. [1] Far from just historical, the animus created by pro-crony policies over a half century came home to roost in the 1970s when Northeast politicians and others imposed price controls and new taxes on the industry. That animus exists today under the hubris of climate policy.
Background
From the 1920s through the early 1970s, the political power of the domestic oil industry (primarily independent oil producers versus the integrated majors) succeeded in having the major oil states (excepting California) artificially restrict (‘prorate’) production to ‘market…
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Fake Environmentalists: Love Industrial Wind Turbines – Hate Humans & Nature
31 Jul 2019 Leave a comment
The Cummings: what real environmentalists look like.
The faux environmentalist is easy to spot: he loves industrial wind power and couldn’t care less about the environmental destruction it causes. Faced with the rampant slaughter of birds and bats, he initially denies the evidence and then pushes the moral equivalence button, claiming that more birds are killed by cats, cars and skyscrapers. Ignoring the fact that cats, cars and tall buildings don’t kill apex predators like Eagles, Hawks and Kites. And also ignoring the fact that cars and skyscrapers deliver benefits in the form of transport and accommodation that make modern, civil societies possible. Whereas, heavily subsidised wind power delivers nothing but chaotically intermittent electricity and rocketing power prices, as a result.
In Tasmania its rare and endangered Wedge-Tailed Eagle is already being sliced and diced by wind turbines and, with more on the way, it faces a rapid extinction…
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@Paul Krugman (2018) explains labour standards in trade agreements to @SenWarren @BernieSanders @AOC
31 Jul 2019 Leave a comment
in development economics, growth disasters, growth miracles, international economics, politics - USA, Public Choice Tags: 2020 presidential election, preferential trade agreements, regressive left, social clauses
@paulkrugman at his best on #TPPANoWay
31 Jul 2019 Leave a comment
in international economics, politics - USA, Public Choice, rentseeking Tags: preferential trade agreements, trade creation, trade diversion
@Bryan_Caplan at his absolute best
31 Jul 2019 Leave a comment
in liberalism, poverty and inequality, Public Choice Tags: Denmark, Sweden, The fatal conceit
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