Where did the displaced farmers go after the tractors came for their jobs?
23 Nov 2018 Leave a comment
in applied price theory, economic history, industrial organisation, labour economics, labour supply Tags: creative destruction
Difference between socialists and communists is communists will murder their opponents
23 Nov 2018 Leave a comment
From the gold old days before neoliberalism
23 Nov 2018 Leave a comment
in economic history, poverty and inequality Tags: The Great Enrichment
Why @Ocasio2018 wins so much media attention
23 Nov 2018 Leave a comment
in politics - USA Tags: pessimism bias
Prescott Says ‘Partial’ Default Is Likely for Greece”
23 Nov 2018 Leave a comment
in budget deficits, business cycles, economic growth, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, Public Choice, public economics Tags: time inconsistency
Bertrand Russell on his meeting with Vladimir Lenin in 1920: (absolutely brilliant commentary on bolsheviks)
23 Nov 2018 Leave a comment
in economic history, economics of bureaucracy, economics of crime, law and economics, Marxist economics, Public Choice Tags: Russian revolution
Proof that Christianity is the wrong faith
23 Nov 2018 Leave a comment
This is a sad story but also a story of stupidity, even if John Chau couldn’t have done other than what he did.
What Chau did, as recounted in the story in the Guardian (click on screenshot), was to hire locals to take him to North Sentinel Island, one of the remote Andaman and Nicobar Islands that are territories of India.
And that island is home to the Senitelese, who firmly reject any contact with the outside world. They’ll fire arrows at anyone who comes near, including an Indian helicopter investigating possible damage to the island after the tsunami of 2004. Two years later, two Indian fishermen whose boat accidentally drifted ashore on North Sentinel were killed by the locals. It’s not a good idea to go there.
But Chau was on a mission from God: he wanted to introduce the Senitelese to Jesus. He approached the island…
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The Early Tudors: Henry VIII and the Church of England
23 Nov 2018 Leave a comment
in economic history, economics of religion, public economics Tags: British history
A Brief History of Fat, and Why We Hate It
23 Nov 2018 Leave a comment
in economic history, health economics Tags: economics of obesity
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