Week 312 – Hirohito Announces Surrender – War Continues – WW2 – August 17
19 Aug 2024 Leave a comment
in defence economics, economic history, laws of war, war and peace Tags: atomic bombings, World War II
New Zealand fact of the day
19 Aug 2024 Leave a comment
in international economics, labour economics, labour supply, politics - Australia, politics - New Zealand Tags: economics of immigration
In the year to June, 80,200 New Zealand citizens moved abroad, almost double the numbers prior to the Covid-19 pandemic. Meanwhile, just 24,900 returned, according to Stats NZ — the country’s official data agency. The net loss of 55,300 citizens (which follows a net loss of 56,500 in the year to April) smashed the previous record […]
New Zealand fact of the day
Election Rule #1: Don’t Support Your Opponent
19 Aug 2024 Leave a comment
in economic history, industrial organisation, macroeconomics, monetary economics, politics - USA Tags: 2024 presidential election, inflation, monetary policy
Who is advising this woman? In what universe do they think she can say this and at the same time fool enough voters that she hasn’t been part of the Biden Administration that has had these price hikes happen on their watch, on her watch. Did they not think that Trump’s campaign would run with […]
Election Rule #1: Don’t Support Your Opponent
Truth in Numbers: Cheap ‘Renewables’ Claim Smashed by Crushing Power Bills
19 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia Tags: energy poverty, solar power, wind power
Subsidised wind and solar are the principal reason for rocketing power prices, and rocketing power prices are the principal reason for rocketing inflation. Branded as “cost of living pressures” the rapid doubling and tripling of retail power costs are always and everywhere about the market destruction caused by massive subsidies to intermittent and unreliable wind […]
Truth in Numbers: Cheap ‘Renewables’ Claim Smashed by Crushing Power Bills
Economic Sanctions on Russia: Ineffective or Insufficient?
19 Aug 2024 Leave a comment
in applied price theory, defence economics, international economic law, international economics, International law, politics - USA, war and peace Tags: Russia, sanctions, Ukraine
Russia had of course already invaded Ukraine back in 2014, but in February 2022 it dramatically escalated the earlier invasion. The U.S. and Ukraine’s allies met Russia’s invasion two years ago with an unprecedented set of sanctions. They put a price cap on Russian oil exports, froze $300 billion worth of Russian foreign exchange reserves,…
Economic Sanctions on Russia: Ineffective or Insufficient?
Biden-Subsidized Offshore Wind Developer Reports Massive Losses In Latest Blow To Industry
19 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: wind power
The U.S. offshore wind industry has had a wave of project delays, missed production targets and public backlash in the past year.
Biden-Subsidized Offshore Wind Developer Reports Massive Losses In Latest Blow To Industry
All Hail Nuclear: Because Solar Panels Can’t Survive Hailstorms or Hurricanes
18 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia Tags: solar power, wind power
Solar panels deliver power for around 6 hours a day, struggle during wet/cloudy weather and a decent hailstorm or hurricane wipes them out completely. Anyone recommending solar power as a solution to our growing need for electrical energy needs their head read. Certain parts of the world suffer regular, violent hailstorms, where hailstones outsize golf […]
All Hail Nuclear: Because Solar Panels Can’t Survive Hailstorms or Hurricanes
STEM and matauranga Māori
18 Aug 2024 Leave a comment
in economic history, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
Professor John Raine notes: As regards STEM subjects, when European colonists arrived in the late 18th and into the 19th century, Māori scientific/technical knowledge was approximately at the stage of other developing societies at or pre-3,000 BC, acknowledging that the spiritual/vitalist/animist parts of matauranga Māori would have been differentiated form those of other societies by the…
STEM and matauranga Māori
Net Zero Watch warns of years of rising electricity bills
18 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: British politics, wind power
Floating offshore wind is probably the most expensive form of electricity ever deployed on a commercial basis in the UK, and all the signs are that it will remain so.
Net Zero Watch warns of years of rising electricity bills
Roger Pielke Jr. details ‘The Top Five Climate Science Scandals’: Study claiming no ‘climate crisis’ retracted ‘for not for being wrong…but instead for expressing views that are politically unhelpful’
18 Aug 2024 1 Comment
in econometerics, economics of education, energy economics, environmental economics, global warming Tags: climate activists, climate alarmism
What matters is what happens when mistakes are made.
Roger Pielke Jr. details ‘The Top Five Climate Science Scandals’: Study claiming no ‘climate crisis’ retracted ‘for not for being wrong…but instead for expressing views that are politically unhelpful’
PETER WILLIAMS: Waitangi Tribunal Report Predictable
18 Aug 2024 Leave a comment
in economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law
Seymour’s courageous but who will support him? That the Waitangi Tribunal was highly critical of the Act party’s proposed, although currently undrafted, Treaty Principles Bill was as predictable as the sun rising in the east. The timing is not surprising either. The Tribunal has become an extraordinarily political body, one that in this instance has…
PETER WILLIAMS: Waitangi Tribunal Report Predictable
Kamala Harris, Price Controls, and the Contest for the Dumbest Policy Proposal of 2024
17 Aug 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, energy economics, health economics, history of economic thought, income redistribution, industrial organisation, international economics, liberalism, Marxist economics, politics - USA, Public Choice, rentseeking Tags: 2024 presidential election, price controls, tariffs
As a Senator, Kamala Harris embraced all sorts of terrible ideas, such as the Green New Deal and Medicare for All. But she’s now disavowed those proposals in an attempt to make herself seem more reasonable. Trump, by contrast, is consistent. For better or worse, he’s pushing in 2024 the same agenda that he ran […]
Kamala Harris, Price Controls, and the Contest for the Dumbest Policy Proposal of 2024
What sports should be in the Olympics?
17 Aug 2024 Leave a comment
in sports economics Tags: Olympics
Ben Strong writes: The Olympic Games should be the pinnacle of the sport. This is in two ways. Winning an Olympic gold medal should be the absolute pinnacle of that sport, and in the spirit of its amateur traditions, sports that are professional behemoths shouldn’t really be involved. That’s why the axe should swing firmly […]
What sports should be in the Olympics?
Math Confirms Foolishness of Climate Alarmism
17 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: climate alarmism
Whatever the motivations, spending trillions of dollars to replace fossil fuels with expensive and unreliable wind and solar sources is foolish, futile and dangerous.
Math Confirms Foolishness of Climate Alarmism
Utopia, you are standing in it! 
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