Among the major issues not being discussed in the US presidential campaign are those facing the US healthcare system. The two main concerns are well-known. One is high cost. The US economy spends about $12,500 per person on health care in 2022, according to the OECD. The second- and third-highest countries, Switzerland and Germany, spend…
By Paul Homewood h/t Philip Bratby Time to stop this madness before somebody dies: An electric bin lorry burst into flames on Monday, forcing roads across London’s West End to close. Specialist crews were deployed to the fire after the £580,000 electric lorry caught alight in the morning. The […]
Here’s the latest video from Marginal Revolution University. It covers negative externalities–drawing, of course, from the most innovative and interesting principles of economics textbook, Modern Principles of Economics. MRU videos are free for anyone’s use anytime, anywhere and don’t forget there are also two new econ-practice games on negative externalities and positive externalities and a fun choose […]
By Paul Homewood So much for the Bank’s much vaunted independence! Rachel Reeves is planning to make the Bank of England take climate change as seriously as growth, as the Chancellor seeks to use her maiden Budget to overhaul the economy. In a letter to Governor Andrew Bailey on Wednesday, Ms Reeves is […]
Milton Friedman used to advise researchers to focus on large policy changes rather than attempting to separate a small change’s signal from the noise. In this sense, the “ambitious” policy agenda of the Biden-Harris administration was expected to be a gift to the research community. Accepting this gift, since 2020 I have been making forecasts…
By Paul Homewood One of our readers sent me this correspondence he had with the BBC a few weeks ago: Below is a letter I wrote at the beginning of October to Tony Grant, the editor of Radio 4’s ‘From our Own Correspondent’: Dear Mr Grant, I listened with disbelief at your piece […]
First up is yet another billionaire supporting Trump, Bill Ackman and he lists 33 reasons for doing so on his X-account, with this intro: A number of my good friends and family have been surprised about my decision to support Donald Trump for president. They have been surprised because my political giving history has been […]
Japan is known for many things, but two of them are the Shinkansen high-speed trains and the nation’s three Lost Decades of slow economic growth. Unfortunately, most tourists who go to Japan see the former and don’t see the latter and especially don’t see the connection between the two. The … Continue reading →
Many green extremists seem to take the view that anything humans do, including growing their own veg, is causing existential harm to the planet. What they really hate, some may conclude, are humans themselves. Treble bongs all round.
The Liberal Party has been the dominant party in Canada for many years. However in the recent provincial elections in British Columbia they were not even on the ballot, as they were looking to come a distant third – so they pulled out. Their withdrawal has allowed the more leftish NDP to narrowly beat the […]
We must not publish a study that says we’re harming children because people who say we’re harming children will use the study as evidence that we’re harming children, which might make it difficult for us to continue harming children. I did not think that would be the case because it’s a Culture War issue and […]
Commentary from Anthony Watts and Friends: Our second climate news item is from a wonderfully titled media outlet called motor biscuit: Electric truck fire burns down brand new German fire station. The fire station in Stadtallendorf is really new, in fact they opened its bay doors less than one year ago to accommodate 10 fire […]
This month, there is a new case on the docket after the Supreme Court granted certiorari in Smith & Wesson Brands v. Estados Unidos Mexicanos. The First Circuit reversed a trial court that dismissed the case, alleging that the American firearms industry is legally responsible for violence in Mexico. I believe the First Circuit is […]
Environmentalists insist that they love the “little guys” — until they get in their way, ask inconvenient questions or try to block renewable energy projects intended to save the planet from “human-caused climate cataclysms.”
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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