QUESTION TO CLAUDE 3: The EU and China lag behind the US in economic dynamism, measured by start-up activity, number of unicorns, age of unicorns (younger indicates more rapid innovation), and in productivity growth. Can you document this and tell me why?ANSWER: Here is the data to document the economic dynamism gap between the US,…
Claude 3 on why the US leads China and the EU in economic dynamism
Claude 3 on why the US leads China and the EU in economic dynamism
21 May 2024 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economics of regulation, entrepreneurship, growth miracles, industrial organisation, managerial economics, organisational economics, public economics, survivor principle Tags: taxation and entrepreneurship, taxation and investment
Electric Van Sales In Decline
20 May 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood LCV Registrations https://www.smmt.co.uk/vehicle-data/lcv-registrations/ Whilst EV car sales remain sluggish, the market for electric vans is even worse. The government’s ZEV mandate demands that 10% of van sales are electric this year, and this figure rises rapidly in the next few years. https://www.gov.uk/government/news/pathway-for-zero-emission-vehicle-transition-by-2035-becomes-law However sales of the useless things gave actually […]
Electric Van Sales In Decline
Why prediction markets are not popular
20 May 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of information, entrepreneurship, financial economics
By Nick Whitaker and J. Zachary Mazlish, this is the best piece on this question so far. Excerpt, noting I will not double indent: “Rather than regulation, our explanation for the absence of widespread prediction markets is a straightforward demand-side story: there is little natural demand for prediction market contracts, as we observe in practice. […]
Why prediction markets are not popular
Mercedes and Volkswagen DITCH their EV ambitions! | MGUY Australia
20 May 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: electric cars
Volkswagen and Mercedes aren’t the first automakers to get cold feet over their earlier ludicrous electrification promises in the face of clear market apathy, but we can be 100% sure of one thing: they won’t be the last.
Mercedes and Volkswagen DITCH their EV ambitions! | MGUY Australia
OneNews blames immigration to NZ for emigration (of young Kiwis out of NZ). Maybe they’re leaving because our Media has depressed them?
20 May 2024 Leave a comment
in applied price theory, human capital, labour economics, labour supply, politics - New Zealand, population economics Tags: economics of immigration
If a Blogger accused immigrants of nicking houses & jobs off young native NZ’ers, causing them to leave the country, then we’d likely be prosecuted under anti-freedom of speech legislation. But seems our State-owned broadcaster, OneNews, can get away with it. After all, like the Reserve Bank, TVNZ can do what it wants. Its above…
OneNews blames immigration to NZ for emigration (of young Kiwis out of NZ). Maybe they’re leaving because our Media has depressed them?
RODNEY HIDE: My Journey
19 May 2024 Leave a comment
in economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand Tags: free speech, political correctness, regressive left, sex discrimination
It’s been awhile since I have written. I have tried. But I have not had anything useful to say. My concern has always been public policy. What should the government do for the best result? My writing on the government was technical. Here’s what the government is doing. Here’s what they hope to achieve. Here…
RODNEY HIDE: My Journey
Goodbye zero emissions
19 May 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy, Germany
New Paper: Global Warming Leading To HIMALAYAN COOLING, Preventing Glacial Melt!
19 May 2024 Leave a comment
in environmental economics, global warming Tags: climate alarmism
At the European Institute for Climate and Energy (EIKE) YouTube account, the young EIKE climate lady delivers the latest climate video, focusing on the Himalayas, which, as some of you may recall, would go ice-free by 2030, according to Prof. Hans-Joachim Schellnhuber. The video features a paper by Salerno et al, 2023: “Local cooling and…
New Paper: Global Warming Leading To HIMALAYAN COOLING, Preventing Glacial Melt!
TVNZ hīkoi documentary needs a sequel
19 May 2024 Leave a comment
in comparative institutional analysis, economic history, law and economics, movies, politics - New Zealand, property rights Tags: native title
Graham Adams writes that 20 years after the land march, judges are quietly awarding a swathe of coastal rights to iwi. Early this month, an hour-long documentary was released by TVNZ to mark the 20th anniversary of the land-rights march to oppose Helen Clark’s Foreshore and Seabed Act. The account of 2004’s hīkoi from Cape […]
TVNZ hīkoi documentary needs a sequel
Debunking Bad Class Warfare and Debunking Nonsensical Class Warfare
19 May 2024 Leave a comment
in applied price theory, economic history, economics of education, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice Tags: taxation and entrepreneurship, taxation and investment
Like Thomas Piketty, Gabriel Zucman is a French economist who promotes economically destructive class-warfare tax policy. He’s also infamous for dodgy data manipulation, as Phil Magness explains in this Reason discussion. The interview lasts for 64 minutes, and I recommend the entire discussion. Yes, that’s a lot of time, but Phil has encyclopedic knowledge and […]
Debunking Bad Class Warfare and Debunking Nonsensical Class Warfare
Sonoma State University President Suspended For Caving to Pro-Palestinian Protesters
18 May 2024 Leave a comment
in defence economics, economics of education, politics - USA, war and peace Tags: free speech, Gaza Strip, Israel, law and order, Middle-East politics, political correctness, regressive left, war against terror
Sonoma State University President Mike Lee has been suspended after sending out an email yielding to the demands of pro-Palestinian students and faculty. In a Wednesday statement, California State University Chancellor Mildred Garcia criticized Lee for “insubordination” and placed him on administrative leave. Lee had only been in the position for 20 months.
Sonoma State University President Suspended For Caving to Pro-Palestinian Protesters
Economic damage from climate change six times worse than thought–Guardian
18 May 2024 Leave a comment
in econometerics, economics of natural disasters, energy economics, environmental economics, global warming Tags: climate alarmism
By Paul Homewood Today’s bilge from the Guardian: The economic damage wrought by climate change is six times worse than previously thought, with global heating set to shrink wealth at a rate consistent with the level of financial losses of a continuing permanent war, research has found. A 1C increase in […]
Economic damage from climate change six times worse than thought–Guardian
Tenth Battle of The Isonzo River – Trotsky Arrives in Petrograd I THE GR…
18 May 2024 Leave a comment
in defence economics, war and peace Tags: Russian revolution, World War I
Battery Arbitrage
18 May 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: solar power
Solar is powering a large share of California’s energy needs during the day and batteries are now powering a significant share at night. NYTimes: Since 2020, California has installed more giant batteries than anywhere in the world apart from China. They can soak up excess solar power during the day and store it for use […]
Battery Arbitrage
Utopia, you are standing in it! 
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