UK’s Wind Industry Will Pocket £3 Billion In Subsidies For Producing Nothing At All
08 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: wind power
The ‘constraint payments’ paid to wind power outfits are commercial extortion, where the (occasional) producer claims a fee for producing absolutely nothing, at all. The honourable kidnapper at least hands over his victim when he gets the cash and there’s something to show for the exchange. In this case, the victims are unwitting taxpayers and […]
UK’s Wind Industry Will Pocket £3 Billion In Subsidies For Producing Nothing At All
What’s the Right Interest Rate for the Fed Anyway?
08 Feb 2024 Leave a comment
in business cycles, econometerics, economic growth, inflation targeting, labour economics, macroeconomics, monetary economics, unemployment Tags: monetary policy
Standard models watched by economists at the Federal Reserve and elsewhere suggest that rates should now be lowerBy Justin Lahart of The WSJ. Excerpt:”So where should rates be? There has been a lot of focus recently on the long-term neutral rate—the just-right level of rates for when inflation is at the Fed’s 2% target, and…
What’s the Right Interest Rate for the Fed Anyway?
The Conway speech
08 Feb 2024 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, economics of bureaucracy, fiscal policy, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment Tags: monetary policy

I’ve been rather tied up with other stuff for the last few weeks (including here) which is why I’ve not previously gotten round to writing about the first piece of monetary policy communications from our Reserve Bank this year. That was the “speech” by the Bank’s chief economist (and MPC) member Paul Conway given to […]
The Conway speech
3 Rules That Will Change YOUR Chess Forever! [Expert SECRETS & TIPS]
08 Feb 2024 Leave a comment
in chess
The Govt’s Version Of EV Facts
08 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: electric cars

By Paul Homewood Yesterday’s BBC article about the Lords bemoaning “misinformation” about EVs mentioned this govt website, which supposedly offers us the truth. In fact it is pure gaslighting, trying to convince people that the facts say something which they don’t: https://www.gov.uk/government/publications/electric-vehicles-costs-charging-and-infrastructure/electric-vehicles-costs-charging-and-infrastructure Let’s run through some of the Q & As:
The Govt’s Version Of EV Facts
LINDSAY MITCHELL: Labour hid developing welfare crisis
08 Feb 2024 Leave a comment
in applied price theory, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, welfare reform Tags: child poverty, family poverty
Lindsay Mitchell writes- When National became government in 2008, Finance Minister Bill English’s determination to understand the extent of benefit-dependency led them to commission Taylor Fry to produce annual actuarial reports. These were duly published at the MSD website every year but ceased when the government changed in 2017. Now however, an Official Information request […]
LINDSAY MITCHELL: Labour hid developing welfare crisis
February 6, Death of King George VI of the United Kingdom of Great Britain and Ireland. Part II.
08 Feb 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history Tags: British constitutional law, British history
Prince Albert spent his early life in the shadow of his elder brother, Prince Edward, the heir apparent. Albert attended naval college as a teenager and served in the Royal Navy and Royal Air Force during the First World War. In 1920, he was made Duke of York. He married Lady Elizabeth Bowes-Lyon in 1923. […]
February 6, Death of King George VI of the United Kingdom of Great Britain and Ireland. Part II.
Wood Pellets Aren’t CO2 Neutral, Emit More Than Coal… Double Of Natural Gas
08 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming
Wood emits double the CO2 that natural gas does. Never mind the particulates burning wood entails.
Wood Pellets Aren’t CO2 Neutral, Emit More Than Coal… Double Of Natural Gas
Germany’s dream of building a fleet of hydrogen-fired power plants is faltering
08 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: Germany
“If these turbines are only supposed to run when the sun isn’t shining and the wind isn’t blowing, then they will be extremely expensive,” he added.
Germany’s dream of building a fleet of hydrogen-fired power plants is faltering
February 6, 1952: Death of King George VI of the United Kingdom, Emperor of India.
08 Feb 2024 Leave a comment
in economic history Tags: British history

George VI (Albert Frederick Arthur George; December 14, 1895 – February 6, 1952) was King of the United Kingdom of Great Britain and Northern Ireland and the Dominions of the British Commonwealth from December 11, 1936 until his death in 1952. He was also the last Emperor of India from 1936 until the British Raj […]
February 6, 1952: Death of King George VI of the United Kingdom, Emperor of India.
Could You Survive on British World War Two Rations?
07 Feb 2024 Leave a comment
in defence economics, health economics, war and peace Tags: rationing, World War II
Once were a trading nation
07 Feb 2024 Leave a comment
in economic history, international economics, macroeconomics, politics - New Zealand

I’ve used here before the snippet from older books that in the decades before the Second World War it was generally accepted that New Zealand had the highest value of foreign trade per capita of any country. Estimates of historical GDP per capita suggest we also had among the very highest levels of real GDP […]
Once were a trading nation
King Charles, cancer, and homeopathy
07 Feb 2024 Leave a comment
in health economics Tags: British politics, cranks
This morning I received an email from a colleague that said this about the New York Times‘s article on King Charles’s cancer diagnosis: In the NY Times report there is one sentence mentioning that he is using homeopathy as part of his suite of treatments. UPDATE: My colleague, who is reliable, swears he saw this […]
King Charles, cancer, and homeopathy
RE Reverse: 2024 Marks Beginning Of The End For Wind & Solar Transition
07 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: renewable energy, solar power, wind power

The closer countries get to the wind and solar transition, the faster they retreat from it. Across Europe, renewable energy targets have been ditched and replaced with policies built around always-on nuclear power. Finland, Sweden, France and Britain, for starters. Wind turbine and solar panel manufacturers are bleeding cash and their share values have been […]
RE Reverse: 2024 Marks Beginning Of The End For Wind & Solar Transition
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