Oppenheimer’s secret city, explained
23 Jul 2023 Leave a comment
in defence economics, war and peace Tags: Atomic bomb, World War II
Behind on my vegan blogging
23 Jul 2023 Leave a comment
in economics of media and culture, health economics Tags: vegetarians
Socialism Humor
23 Jul 2023 Leave a comment
I did a three-part series (here, here, and here) to explain why socialism is a miserable economic system.
As Winston Churchill sagely observed, “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.”
But it is good for a few laughs.
For today’s column, let’s add to our collection of socialism satire.
We’ll start by noting that East Germany was the most successful part of the Soviet Empire, but even it was an utter failure.
Next, some of my lefty friends make a big thing about belonging to the “party of science,” but I have a hard time taking them seriously given their infantile views on economics.
For our third item, I wonder if our left-leaning friends ever wonder why people try to escape from places such as Cuba and Venezuela so they can be “exploited” in…
View original post 144 more words
Total Calamity: Wind & Solar ‘Transition’ On Collision Course With Bitter Reality
22 Jul 2023 Leave a comment
If what has been done to energy policy was the work of outside forces, it’d be called an ‘act of war’. Sadly, it’s all from the home team and better described as ‘outright treason.’
Australia is, without doubt, the most over governed country on earth, with more mouthpieces and slackers per head of population than anywhere else.
But, proving that quantity ain’t quality, the clowns in charge have ignored every shred of empirical evidence and, instead, plump for ludicrous models based on risible assumptions.
The result is the destruction of Australia’s once reliable and affordable power supplies.
The damage done is generational; the chaos appears irremediable, with much worse to come.
And yet, as Nick Cater observes below, we’re assured that all’s in hand. Believe that, and you’ll believe anything.
Renewables vision is blind to the cost of calamity
The Australian
Nick Cater
17 July 2021
Given the cost of…
View original post 1,015 more words
The Welfare State’s Damaging Impact on Europe, Part III
21 Jul 2023 Leave a comment
Part I of this series reviewed some data about the United States growing much faster than the welfare states of the European Union.
Part II of the series looked at some very depressing data about the European Union losing ground compared to the United States, even though convergence theory tells us that should not happen.
For today’s installment, let’s see what the European Union’s statistical body concluded in a new report about the region’s economic performance. We’ll start with this chart showing that inflation-adjusted disposable income (the blue line) declined last year.
To be sure, American households also suffered a decline in inflation-adjusted income, so this is not just a Europe-specific problem.
Here’s some of Eurostat’s analysis.
…the nowcasted median disposable income will decrease in real terms in most EU countries. Rising prices for essential items (goods and services), such as food, energy and transport were the main reason for…
View original post 204 more words
The risk the Greens’ wealth tax poses to our economy
21 Jul 2023 Leave a comment
in applied price theory, applied welfare economics, economic history, entrepreneurship, financial economics, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - New Zealand, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
The Seinfelds Won’t Have Dinner With The Costanzas | The Raincoats | Seinfeld
21 Jul 2023 Leave a comment
in television, TV shows
Debunking the Debunkers – The TRUTH Behind CO2, Forrest Fires, and Climate Change
21 Jul 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: climate alarmism
Creative destruction
21 Jul 2023 Leave a comment
in economic history, economics of media and culture Tags: creative destruction
Utopia, you are standing in it! 
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