Tweet… is from page 124 of Milton and Rose Friedman’s essential 1962 volume, Capitalism and Freedom: If unions raise wage rates in a particular occupation or industry, they necessarily make the amount of employment available in that occupation or industry less than it otherwise would be – just as any higher price cuts down the…
Quotation of the Day…
Quotation of the Day…
21 Jan 2024 Leave a comment
in labour economics, Milton Friedman, unions
French ‘rubbing their hands’ as Britain forced to import £1.5bn of electricity
21 Jan 2024 1 Comment
in energy economics, environmental economics, global warming

Another expensive and wasteful result of ‘net zero’ climate obsession in government, as the much vaunted renewables policy continues to prove fatally flawed, no matter how much is spent on it. One obvious problem with wind power is that the times of peak electricity demand and the times of optimal wind conditions rarely coincide. In […]
French ‘rubbing their hands’ as Britain forced to import £1.5bn of electricity
MICHAEL BASSETT: TV ONE’S BEAT-UP ON THE TREATY AND THE KING’S HUI
21 Jan 2024 Leave a comment
in discrimination, economic history, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law
Last Friday night, TV One’s lead item on the 6pm news was a story by reporter Te Aniwa Hurihanganui. She had scored a leaked piece of advice not yet considered by Cabinet that was intended to warn ministers in the new government that they would run into trouble with Maori if they backed David Seymour’s…
MICHAEL BASSETT: TV ONE’S BEAT-UP ON THE TREATY AND THE KING’S HUI
Bill Maher has a new rule, which is his
21 Jan 2024 Leave a comment
in liberalism, Marxist economics, politics - USA, television, TV shows
Here’s an eight-minute clip from Bill Maher in which he touts a new rule: 2024 is supposed to be “The Year of Sanity”. Maher gives several examples of pervasive insanity, the most prominent being the likely reelection of Trump as President. He also mentions tolerance of shoplifting, pro-Palestinian activists, admiration for the Houthis, frantic rumors […]
Bill Maher has a new rule, which is his
Guardian: A third of British Teenagers think Climate Change is Exaggerated
21 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: climate alarmism

According to the Guardian, climate deniers have influenced teens by infiltrating youtube with disinformation videos.
Guardian: A third of British Teenagers think Climate Change is Exaggerated
The periodical Science touts Indigenous science
20 Jan 2024 1 Comment
in economics of education, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, regressive left

That this editorial appears in the premier journal Science, and is one of a growing number of pieces urging us to respect “indigenous ways of knowing”, suggests that the woke movement has sprouted a new branch. It’s one I’ve discussed many times with respect to Māori “ways of knowing” (Mātauranga Māori, or MM) in New […]
The periodical Science touts Indigenous science
The story of life
20 Jan 2024 Leave a comment
in economics of education Tags: evolutionary biology

📸 Look at this post on Facebook
https://www.facebook.com/share/p/Gy82NDREcgU7YyjZ/?mibextid=RXn8sy
Hitting The Houthis.
20 Jan 2024 Leave a comment
in defence economics, International law, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, free speech, Middle-East politics, political correctness, regressive left, war against terror
Action Stations: The New Zealand Left has conflated the ten UN members condemning Houthi attacks on vessels transiting the Red Sea with the six states involved in the air and naval attacks on Houthi military targets. Veteran leftist Robert Reid, like most New Zealanders, knows full well that the RNZAF possesses no aircraft even remotely…
Hitting The Houthis.
Fighting on Alpine Peaks – Call for Self Determination I THE GREAT WAR W…
19 Jan 2024 Leave a comment
in defence economics, war and peace Tags: World War I
Milei Speaks Truth to WEF Elite Power
19 Jan 2024 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, entrepreneurship, growth disasters, growth miracles, history of economic thought, labour economics, law and economics, macroeconomics, property rights Tags: Argentina

Argentina’s President Javier Milei had a warning for those attending the annual WEF meeting in Davos, Switzerland; ‘the Western world is in danger’ from ‘collectivist experiments’ such as Diversity, Equity and Inclusion (DEI), and has called on the world to reject socialism and instead embrace “free enterprise capitalism” to end global poverty. H/T zerohedge “Today, […]
Milei Speaks Truth to WEF Elite Power
KARL DU FRESNE: The striking outpouring of media empathy for Golriz Ghahraman
19 Jan 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand
Karl du Fresne writes – Rarely has the media’s all-pervasive pro-Left bias been demonstrated more emphatically than in the outpouring of empathy for Golriz Ghahraman. In the past 24 hours, the tone of media commentary on the scandal surrounding the former Green MP has shifted with striking uniformity. The focus has conveniently been diverted from […]
KARL DU FRESNE: The striking outpouring of media empathy for Golriz Ghahraman
Wind turbines kill too many birds and bats. How can we make them safer?
19 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming

By Paul Homewood h/t Dennis Ambler . Even the greeniacs are starting to understand the damage to wildlife from wind turbines: As wind power grows around the world, so does the threat turbines pose to wildlife. From simple fixes to high-tech solutions, researchers are finding ways to reduce the toll.
Wind turbines kill too many birds and bats. How can we make them safer?
Avoiding scrutiny
19 Jan 2024 Leave a comment
in business cycles, economics of bureaucracy, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy

Regular readers will recall that I have, intermittently, been on the trail of the approach taken to the selection (and rejection) of external MPC members when the current crop were first appointed in 2019. I have been pursuing the matter since a highly credible person who was interested in being considered for appointment told me that […]
Avoiding scrutiny
Shipwrecked: America’s Offshore Wind Industry Being Crushed By Rising Construction Costs
18 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming, labour economics, unions Tags: wind power

2023 was the year when the offshore wind industry’s grand implosion began. Major investors bailed out as the insane cost of attempting to (occasionally) generate electricity with no commercial value in hostile marine environments began to bite. Dozens of projects have been scrapped and others are now highly doubtful. And for those wind power outfits […]
Shipwrecked: America’s Offshore Wind Industry Being Crushed By Rising Construction Costs
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