Will strong AI raise or lower interest rates?
29 Mar 2024 Leave a comment
in applied price theory, energy economics, entrepreneurship, industrial organisation Tags: artificial intelligence
That is the topic of my latest Bloomberg column. Here is one excerpt: First, as a matter of practice, if there is a true AI boom, or the advent of artificial general intelligence (AGI), the demand for capital expenditures (capex) will be extremely high. Second, as a matter of theory, the productivity of capital is […]
Will strong AI raise or lower interest rates?
The Real Climate Crisis: Relying Upon Weather-Dependent Wind & Solar
29 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power, wind power
Frozen wind turbines and solar panels buried under piles of snow and ice produce nothing at all, except photo opportunities. When the weather conspires against the ‘unreliables’, somewhere there will be a coal, or gas or diesel powered generator ready to swing into action and prevent you from freezing in the dark. However, if the […]
The Real Climate Crisis: Relying Upon Weather-Dependent Wind & Solar
Cheat sheet
29 Mar 2024 Leave a comment
in economics of education, income redistribution, liberalism, Marxist economics, Public Choice, Rawls and Nozick, rentseeking Tags: Age of Enlightenment, free speech, political correctness, regressive left
No holding back
29 Mar 2024 Leave a comment
in economics of religion, liberalism Tags: Age of Enlightenment, Freedom of religion
The EU’s net zero retreat is gathering steam
28 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars, solar power, wind power
By Paul Homewood Building new gas power plants will, of course, “only make the transition to renewables-based power unnecessarily costly”. How do I know? Because I heard it from a bunch of climate activists calling themselves Beyond Fossil Fuels. What’s more, building new gas plants runs contrary to the “emerging consensus” that Europe […]
The EU’s net zero retreat is gathering steam
The Gag and the Goad: Trump Should Appeal Latest Gag Order
28 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
New York Supreme Court Justice Juan Merchan this week became the latest court to impose a gag order on former president Donald Trump with a stinging order that found a history of Trump attacks that threatened the administration of justice. The order will bar public criticism of figures who are at the center of the […]
The Gag and the Goad: Trump Should Appeal Latest Gag Order
Labour’s net zero target faces £116bn ‘investment challenge’
28 Mar 2024 Leave a comment
in econometerics, energy economics, environmental economics, global warming Tags: British politics
Challenge is putting it mildly. Cloud cuckoo land beckons once again in the form of impossible but supposedly climate-related targets. Some timescales are hard to shorten just by uttering demands. – – – A report by Policy Exchange, supported by analysis from Aurora Energy Research, outlines challenges facing Labour’s aim to achieve a decarbonised power […]
Labour’s net zero target faces £116bn ‘investment challenge’
Why NZ First shouldn’t get any apologies for the SFO’s failed prosecution
28 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand, property rights Tags: crime and punishment, law and order
Bryce Edwards writes – New Zealand’s biggest-ever political donations scandal is finally at an end. But what is the conclusion? No one can really be sure. The Court of Appeal released its judgement on Tuesday about the Serious Fraud Office case against the NZ First Foundation. On the face of it, the court found in […]
Why NZ First shouldn’t get any apologies for the SFO’s failed prosecution
Utopia, you are standing in it! 
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