John Stuart Mill on empirical economics and causal inference

Written by me, here is a passage from GOAT: Who is the Greatest Economist of All Time, and Why Should We Care? A System of Logic covers many different topics, but for our purposes the most important discussion is Mill’s treatment “Of the Four Methods of Experimental Inquiry,” sometimes called “Mill’s Methods” and indeed receiving […]

John Stuart Mill on empirical economics and causal inference

The Great Fact

Frank Sinatra’s anti-bigotry film, “The House I Live In”

I guess today’s theme is bigotry. I had no idea that Frank Sinatra was an outspoken opponent of bigotry, particularly anti-Semitism. In fact, there’s a Wikipedia article called “Frank Sinatra and Jewish activism“. Here’s an excerpt: Frank Sinatra was a strong supporter and activist for Jewish causes in the United States and Israel. According to Santopietro, Sinatra was a […]

Frank Sinatra’s anti-bigotry film, “The House I Live In”

A starting thought

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India Determined To Increase Coal Output

By Paul Homewood   h/t Dennis Ambler   This is in the latest edition of World Coal   While growth in coal production slows gradually across the globe, India is setting itself apart from other countries, with its ambitions to aggressively increase its output.

India Determined To Increase Coal Output

Week 278 – The Siege of Bastogne Begins – WW2 – December 23, 1944

Buick Dealers Fleeing the Net Zero EV Revolution

“… we’ve given dealers who are not aligned with Buick’s future to exit voluntarily in a respectful and structured way …”

Buick Dealers Fleeing the Net Zero EV Revolution

Solow on Market Advantages and Market Failures

Robert Solow (1924-2023) died last week. As a starting point for understanding his life and his work on growth theory, the Nobel prize website, since he won the award in 1987, includes an overall description, a biographical essay, and his Nobel lecture. I can also strongly recommend an interview that Steven Levitt carried out with…

Solow on Market Advantages and Market Failures

Bobby Fischer vs Mikhail Tal • Tournament Candidates – Netherland, 1962

One of the greatest endgames of all time I Spassky vs Fischer (1972)

Entrepreneurship

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How Were So Many Economists So Wrong About the Recession?

That is the topic of my latest Bloomberg column, I thought it was time to call out all the Orwellian rewriting of intellectual history going on, so here goes: As Treasury Secretary Janet Yellen said last week: “So many economists were saying there’s no way for inflation to get back to normal without it entailing a […]

How Were So Many Economists So Wrong About the Recession?

December 29, 1170: Assassination of Thomas Becket, Archbishop of Canterbury. Part I.

Thomas Becket, also known as Saint Thomas of Canterbury, Thomas of London and later Thomas à Becket (December 21, 1119 or 1120 – December 29, 1170), served as Lord Chancellor from 1155 to 1162, and then notably as Archbishop of Canterbury from 1162 until his death in 1170. He engaged in conflict with King Henry […]

December 29, 1170: Assassination of Thomas Becket, Archbishop of Canterbury. Part I.

Britain’s Net Zero Disaster and the Wind Power Scam

… foundations of sand – naïve optimism reinforced by enthusiastic lobbying divorced from engineering reality. The post Britain’s Net Zero Disaster and the Wind Power Scam first appeared on Watts Up With That?.

Britain’s Net Zero Disaster and the Wind Power Scam

Time to Bring Nuclear Energy Into the 21st Century

The silver lining of this month’s United Nations COP28 global warming conference is the growing consensus that nuclear energy is critical to meeting national carbon dioxide reduction goals.

Time to Bring Nuclear Energy Into the 21st Century

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