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Boys are faster
15 Nov 2023 Leave a comment
in discrimination, economics of education, gender, sports economics Tags: political correctness, regressive left, sex discrimination
What Was Gary Becker’s Biggest Mistake?
15 Nov 2023 Leave a comment
in behavioural economics, economics of crime, Gary Becker, history of economic thought, law and economics
The econometrician Henri Theil once said “models are to be used but not to be believed.” I use the rational actor model for thinking about marginal changes but Gary Becker really believed the model. Once, at a dinner with Becker, I remarked that extreme punishment could lead to so much poverty and hatred that it could create blowback. Becker […]
What Was Gary Becker’s Biggest Mistake?
Some questions for those protesting for Palestine
15 Nov 2023 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice, war and peace
I’m frankly astonished at the scale, frequency and anger of protests held in solidarity for Palestinians in Gaza, which variously call for a ceasefire, call for “freedom” for Palestine and which variously accuse Israel of atrocities, using the language and statistics issued by the Gazan totalitarian theocrats. It is driven by a coalition of communists,…
Some questions for those protesting for Palestine
Milton Friedman: The Last Conservative | Hoover Institution
15 Nov 2023 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags: monetary policy
Barbara K. Olson Memorial Lecture [NLC 2023]
15 Nov 2023 Leave a comment
in economics of crime, law and economics, liberalism, Marxist economics Tags: constitution law, free speech, political correctness, regressive left
Filling in the Gaps: Next Steps for the Fiscal Theory of the Price Level
15 Nov 2023 Leave a comment
in applied price theory, budget deficits, business cycles, econometerics, economic history, financial economics, fiscal policy, great depression, great recession, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics Tags: monetary policy
What You’re Told About Greenhouse Gases is Wrong
15 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming
Mark Adams explains the deceptions in his American Thinker article The fables about greenhouse gases, especially about methane Excerpts in italics with my bolds and added images. “Climate change” is in the news daily, with each featured story getting an attention-grabbing sensationalist headline. The frenzy is at its peak now because it’s the time of […]
What You’re Told About Greenhouse Gases is Wrong
What Did the German Public Know About the Holocaust During WWII?
15 Nov 2023 Leave a comment
in economic history, economics of crime, law and economics, laws of war, war and peace Tags: Nazi Germany, The Holocaust, World War II
Does learning te reo make you virtuous?
14 Nov 2023 Leave a comment
in economics of education Tags: economics of languages
Graham Adams writes: A week before election day, TVNZ’s John Campbell went to a polling station in Ōtara, South Auckland, to lie in wait for voters. When he encountered a young Māori woman who was about to vote for the first time, his trademark gushiness was unleashed: “Mere is nineteen. She speaks fluent te reo […]
Does learning te reo make you virtuous?
Jennifer Burns on Milton Friedman 11/13/23
14 Nov 2023 Leave a comment
in applied price theory, Austrian economics, business cycles, comparative institutional analysis, econometerics, economic history, economics of education, economics of regulation, fiscal policy, great depression, history of economic thought, labour economics, liberalism, libertarianism, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: monetary policy
Europe’s Largest Wind Farm Facing Bankruptcy
13 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, survivor principle Tags: celebrity technologies, wind power
By Paul Homewood h/t Joe Public More bad news for the wind industry:. https://twitter.com/IntermittentNRG/status/1723692080801710475 What is different about this one is that the PPA forces the wind farm to buy power on the spot market, when the wind does not provide enough:
Europe’s Largest Wind Farm Facing Bankruptcy
Sen. Sanders said he doesn’t know that a ceasefire is possible with Hamas. Hamas must go.
13 Nov 2023 Leave a comment
in defence economics, International law, laws of war, liberalism, Marxist economics, war and peace Tags: Gaza Strip, Israel, Middle-East politics, war against terror
And you can get on your bike with this green claptrap
13 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming, transport economics, urban economics Tags: climate activists
Police versus Prisons
13 Nov 2023 Leave a comment
in applied price theory, economic history, economics of crime, Gary Becker, history of economic thought, human capital, labour economics, labour supply, law and economics, occupational choice
Here’s a remarkable graph from the Council of Economic Advisers report on incarceration and the criminal justice system. The graph shows that the United States employs many more prison guards per-capita than does the rest of the world. Given our prison population that isn’t surprising. What is surprising is that on a per-capita basis we employ 35% […]
Police versus Prisons
Utopia, you are standing in it! 
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