Media focus on Davis’ advice against looking through a “vanilla lens” while Chhour’s questions go unanswered
30 Sep 2022 Leave a comment
It is tempting to liken the political hacks of the mainstream news media to piranha, rather than ever-vigilant watchdogs of the Fourth Estate.
With the exception of the NZ Herald, they have lamentably ill-served the voting public by failing to muster a whimper, let alone a snarl or a warning bark, about issues raised by the awarding of contracts to family members of Local Government Minister Nanaia Mahuta.
The hacks were aroused from their indifference to those contracts only when another watchdog – the Public Service Commission – announced it is looking into government departments’ management of the contracting process.
On the other hand, the imagery of piranha seems apt when they engage in a feeding frenzy of the sort that followed the hapless Kelvin Davis’ derogatory – and racist – remarks about ACTs Karen Chhour.
Davis told Chhour (a Māori) she must look at things from a Māori…
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Bye Bye Bourgeois Environmentalists
30 Sep 2022 Leave a comment
Getty images.
Brendan O’Neill writes at Spectator The trouble with ‘bourgeois’ environmentalism. Excerpts in italics with my bolds and added images. HT John Ray
The left needs to shake off its ‘bourgeois environmentalism’. It needs to distance itself from the ‘bourgeois environmental lobby’ and make the case for fracking and the building of new nuclear power stations.
Who do you think said this? Some contrarian commentator? A right-winger irritated by eco-loons? Nope, it was Gary Smith, the general secretary of the GMB trade union.
In an explosive intervention in left-wing discourse, Smith has accused Labour of a ‘lack of honesty’ and of ‘not facing reality’ on the energy question. We are living through a severe energy crisis and yet still Labour is sniffy about fracking and down on nuclear power, he says. All because it is in thrall to bourgeois greens who just don’t like industry and modernity…
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Its only a stolen election if a Republican wins
30 Sep 2022 Leave a comment
Spend less than 5 minutes watching this clip, demonetized by Youtube. Just to understand the hypocrisy.
The International Monetary Fund, Negative-Sum Economics, and the Eighth Theorem of Government
30 Sep 2022 Leave a comment
At the risk of understatement, I’m not a fan of the International Monetary Fund (IMF).
The international bureaucracy is the “Johnny Appleseed” of moral hazard, using bailouts to reward profligate governments and imprudent lenders.
The IMF also is infamous for encouraging higher tax burdens, which is especially outrageous since its cossetted employees are exempt from paying tax on their lavish salaries.
In recent years, the IMF has been using inequality as a justification for statist policies. Most recently, the lead bureaucrat at the IMF, Kristalina Georgieva, cited that issue as a reason for governments to impose higher taxes to fund bigger welfare states.
…inequality has become one of the most complex and vexing challenges in the global economy. Inequality of opportunity. Inequality across generations. Inequality between women and men. And, of course, inequality of income and wealth.
…The good news is we have tools to address these issues… Progressive taxation is…
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Millennials Have Caught Up to Boomers: Generational Wealth Update (2022q2)
30 Sep 2022 Leave a comment
Last week I wrote about wealth growth during the pandemic, but my favorite way to look at wealth data is comparing different generations. Last September I wrote a post comparing Boomers, Gen Xers, and Millennials in wealth per capita at roughly the same age. At the time, Millennials were basically equal to Gen X at the same age, and we were a year short of having comparable data with Boomers.
What does it look like if we update the chart through the second quarter of this year?

I won’t explain all of the data in detail — for that see my post from last September. I’ll just note a few changes. We now have single-year population estimates for 2020 and 2021, so I’ve updated those to the most recent Census estimates for each cohort. Inflation adjustments are to June 2022, to match the end of the most recent…
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Nigel Farage in Australia on Conservatism
30 Sep 2022 Leave a comment
Starts with the host saying, “Let’s talk about whether the right has lost their balls, whether they are dying out, I mean, what is happening here?”
Farage: “No, look at Italy! Giorgia Meloni is going to become the Italian prime minister. Look at Sweden, 2 weeks ago; that country, ruled by Social Democrats since 1945, until now. There’s going to be a conservative majority leading Sweden.”
Helen Clark’s head must be exploding. She was always a die-hard, Sweden fan.
Farage: “Actually, all over the world, we are seeing a move against Globalism. Because what’s Globalism done? It’s made the rich, richer, and disadvantaged absolutely everybody else.”
Farage: “But somehow, somehow in our countries at election time we get people who masquerade as conservatives, don’t have the courage to stand up and fight for our values.”
Farage: “People are just coming up and talking to me. People are desperate for…
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Titles of Royalty and Nobility within the British Monarchy: Marquess
30 Sep 2022 Leave a comment
A marquess is a nobleman of high hereditary rank in various European peerages and in those of some of their former colonies. Marquess (from the French marquis, march). This is a reference to the Marches (borders) between Wales, England and Scotland.
The German language equivalent is Markgraf (margrave). A woman with the rank of a marquess or the wife (or widow) of a marquess is a marchioness or marquise. The children’s titles are the same as those of a duke’s children (Lord and Lady). These titles are also used to translate equivalent Asian styles, as in Imperial China and Imperial Japan.
A marquess is addressed as ‘Lord followed by thier first name.
United Kingdom
In Great Britain, and historically in Ireland, the correct spelling of the aristocratic title of this rank is marquess (although on the European mainland and in Canada, the French spelling of marquis is used in English).
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The International Monetary Fund’s Tax-Free Bureaucrats Trying to Sabotage Better Tax Policy in the United Kingdom
30 Sep 2022 Leave a comment
It is disappointing that the bureaucrats at the International Monetary Fund routinelyadvocate for higher taxes and bigger government in nations from all parts of the world (for examples, see here, here, here, here, here, and here).
It is disturbing that the IMF engages in bailouts that encourage bad fiscal policy by governments and reckless lending policies by financial institutions.
And it is disgusting that those IMF bureaucrats get tax-free salaries and are thus exempt from the damaging consequences of those misguided policies.
One set of rules for the peasants and one set of rules for the elite.
The latest example of IMF misbehavior revolves around the bureaucracy’s criticism of recently announced tax cuts in the United Kingdom.
A BBCreport by Natalie Sherman and Tom Espiner summarizes the controversy.
The International Monetary Fund has openly criticised the UK government over its plan…
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Another gender gap
30 Sep 2022 Leave a comment
in discrimination, gender, health and safety, labour economics, labour supply, occupational choice Tags: gender wage gap



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