Preparing for 1916 – The Year of Battles I THE GREAT WAR – Week 75
31 Dec 2022 Leave a comment
in defence economics, war and peace Tags: World War I
Why have Ukrainian ATGMs destroyed so many Russian tanks?
31 Dec 2022 Leave a comment
in defence economics, war and peace Tags: Ukraine
40-Year Study Finds Mysterious Patterns in Temperatures at Jupiter
30 Dec 2022 Leave a comment
Jupiter [image credit: NASA]
Unexpected patterns and teleconnections. Some new light is shed on the workings of the solar system’s largest planetary atmosphere.
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Scientists have completed the longest-ever study tracking temperatures in Jupiter’s upper troposphere, the layer of the atmosphere where the giant planet’s weather occurs and where its signature colorful striped clouds form, says Subaru Telescope.
The work, conducted over four decades by stitching together data from NASA spacecraft and ground-based telescope observations, found unexpected patterns in how temperatures of Jupiter’s belts and zones change over time.
The study is a major step toward a better understanding of what drives weather at our solar system’s largest planet and eventually being able to forecast it.
Jupiter’s troposphere has a lot in common with Earth’s: It’s where clouds form and storms churn. To understand this weather activity, scientists need to study certain properties, including wind, pressure, humidity…
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Batman: The Movie (1966) Review
30 Dec 2022 Leave a comment
Batman: The Movie (1966) Director Leslie Martinson
“Pow!” “Wham!” “Ouch!”

Holy film review, Batman! Every bit as campy and goofy as the 1960s television show starring Adam West and Burt Ward, Batman: The Movie is an ironic and all-around ridiculous comedy that is so self-aware, it is often difficult to follow the wandering plot all the way to the end. Directed by Leslie H. Martinson and written by Lorenzo Semple Jr., the film was hurriedly patched together and released between seasons one and two of the Batman television show. It conveys the convoluted rise of a criminal group known as the “United Underworld” which consists of the all-star villains from the show –Penguin (Burgess Meredith), Catwoman (Lee Meriwether), Joker (Cesar Romero), and Riddler (Frank Gorshin) as they develop various unfolding plots to take over the world. In each case, Batman and Robin stumblingly thwart their efforts at word…
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Russia’s tactics are obsolete, not its tanks
30 Dec 2022 Leave a comment
in defence economics, war and peace Tags: Ukraine
2023 PREDICTIONS
29 Dec 2022 Leave a comment

Here are my (political) predictions for 2023 … in for a penny, in for a pound. Feel free to argue the toss …
Jacx will not lead Labour into the election
National and ACT will form the next government
The Greens will struggle to hold onto their ten seats
NZ First will not be in parliament.
Te Pati Maori will pick up two additional seats … one List seat and Tamaki Makaurau
John Campbell will lose his cool on election night
David Seymour will be Deputy PM
Nicola Willis will be Finance Minister
Gerry Brownlie will be Speaker
ACT will pick up Education, Local Government, Defence & Veterans’ Affairs plus one other ‘name’ portfolio as well as having two ministers outside cabinet
Post the election there will be a bruising battle for the ‘soul’ of the Labour Party.
Tough Year for Investing (with one little-known, totally safe exception)
29 Dec 2022 Leave a comment
There’s still a few more days left in the year, but at this point it is safe to say, unfortunately, that it was a very bad year for investing. This Google chart shows most of the bad news. Note: nothing in this post is investment advice about the future, just a summary of the past.

The S&P 500, the typical benchmark for US equities, was down 20%. Bonds, usually a safe haven, were down over 14% as measured by the Vanguard Total Bond fund (more on bonds later).
Gold, the traditional hedge against bad times, was flat. I guess that’s not so bad. But gold is also traditionally considered a hedge against inflation, and inflation will probably end up being somewhere in the range of 5-7% this year (depending on your preferred index). So in real terms, even gold was down. And the supposed new hedge against fiat currency? Bitcoin…
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#climateemergency
29 Dec 2022 Leave a comment
in environmental economics, global warming Tags: climate alarmists, global cooling

10 Times People Found Ways to Eat Poison
29 Dec 2022 Leave a comment
in economic history, economics of media and culture
The Science and Psychology Behind Free to Play Games
29 Dec 2022 Leave a comment
in economics of information, economics of media and culture, entrepreneurship Tags: computer games
The 1918 “Polar Bear” Expedition”
29 Dec 2022 Leave a comment
in defence economics, war and peace Tags: Russian revolution, World War I
Why Did South Korea Diverge from Brazil?
28 Dec 2022 Leave a comment
Traditional economics, specifically convergence theory, tells us that poor nations should grow faster than rich nations.
I’m more interested, however, in why convergence often doesn’t happen, or only partially happens.
And I’m extremely interested in why we often see divergence, which occurs when two countries are at a similar level of development, but then one grows much faster than the other.
Let’s consider the example of Brazil vs, South Korea. has an interesting article, published by the Center for Macroeconomics and Development, that looks at how the two countries have diverged over the past 50 years.
Here’s the chart that depicts the dramatic difference.
The author analyzes many of the reasons that South Korea has enjoyed faster growth.
It’s especially worth noting that Brazil’s protectionism has been self-defeating.
The “middle-income trap” has captured many developing countries: they succeeded in evolving from low per…
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Are Space Sounds Lies?
28 Dec 2022 Leave a comment
in economics of education, economics of media and culture Tags: space

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