China Unveils World’s Longest Sea Bridge
27 Oct 2018 Leave a comment
in development economics, growth miracles, transport economics, urban economics Tags: China, Hong Kong
Ed & The Crew Try To Warn An Alien Ship | Season 1 Ep. 11 | THE ORVILLE
27 Oct 2018 Leave a comment
in television
The Socialist Dream, in which Reality Always Intrudes
27 Oct 2018 Leave a comment
“How is it possible for any sentient human being to have lived through the 20th century without coming to understand that property rights are the basis of any rights that human beings have ever been able to secure, and that far from conflicting with human needs, profits are the only practical engine ever devised that even half succeeded inn fulfilling them.
Such willful ignorance does not stem from lack of intelligence, but has a deeper source in human desires that can only be satisfied by religious faith. The socialist dream of achieving a kingdom of heaven on earth is as old as Eden. It is the idea of putting a human design on the impersonal structures of the social order beginning with the economic market and extending to the constitutional order. In wishing this, socialists fail to understand that a market that human beings cannot control and a political process…
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Why did the Ottoman Sultans Kill their Brothers?
27 Oct 2018 Leave a comment
in economic history, Public Choice Tags: autocratic succession, economics of autocracy
The Second Austrian Moment
27 Oct 2018 Leave a comment
by Mario Rizzo
This is an important time for Austrians. During the Great Depression and for many years thereafter, J.M. Keynes and his followers dominated macroeconomic theory (some say they created it) as well as the conventional wisdom about the historical lessons of the Depression and the New Deal.
We are now witnessing many important developments that will affect economics and public perceptions for a long time to come.
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Could deflation be salvation? George Selgin | Adam Smith Institute
27 Oct 2018 Leave a comment
in Austrian economics, business cycles, economic history, history of economic thought, macroeconomics, monetary economics Tags: Austrian business cycle theory
More about the Austrian “pedophile prophet” case
27 Oct 2018 Leave a comment
Yesterday I reported that the European Court of Human Rights (ECHR) ruled that an Austrian woman, by teaching that the prophet Muhammad had married a six-year-old wife (Aisha), and then consummated the marriage three years later, had engaged in defamation of religion in a way that hurt religious sentiments. The ECHR was upholding two Austrian lower-court rulings, and fined the woman €480 and court costs. I gave these quotes from the Turkish Andelou Agency, one of the few sites to report the decision.
On today’s ruling, the ECHR said it “found in particular that the domestic courts comprehensively assessed the wider context of the applicant’s statements and carefully balanced her right to freedom of expression with the right of others to have their religious feelings protected, and served the legitimate aim of preserving religious peace in Austria.”
The court held “that by considering the impugned statements as going beyond the permissible…
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Behind on vaccines blogging
27 Oct 2018 Leave a comment
in development economics, economic history, health economics Tags: vaccines
@ProfSteveKeen cites Bezemer when claiming he predicted #GFC (by predicting recession in Oz in radio interviews)
27 Oct 2018 Leave a comment
in business cycles, financial economics, macroeconomics, monetary economics Tags: cranks, forecasting, Post-Keynesian macroeconomics
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