Problems with Libertarianism (David D. Friedman) – The Turney Collection 1981

Hayek on Hayek on Rawls

Kittens take care of newly born kittens as thoughtfully as a mother

Kartouzská koťátka

Renewable Energy Rip-Off: How Price Gougers Profit From Sunset & Calm Weather

stopthesethings's avatarSTOP THESE THINGS

Intermittent wind and solar are a natural guarantee of grid chaos and rocketing power prices. every single country that’s chased the wind and solar pipe dream has watched their power prices go through the roof, with no exception.

Don’t say we didn’t warn you. STT has been banging on about this since December 2012. The graphic above from Dr Michael Crawford spells it out: add massively subsidised and chaotically intermittent wind and solar to your power grid and watch power prices spiral out of control.

As STT has pointed out a number of times, the gaming that’s the subject of the ACCC’s interest is a natural consequence of a very natural set of phenomena: wind and solar power output collapses, that occur whenever the sun sets and/or calm weather sets in:

Wind Power Output Collapses Send Power Prices into Orbit: The World’s Biggest Joke Just Got Serious

and

South Australia’s Unbridled…

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Misrepresenting Adam Smith evening lecture with David Friedman

How Farmers Accidentally Killed Off North America’s Locusts

Extreme Weather during the Maunder Minimum

Paul Homewood's avatarNOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

Extreme Weather during the Maunder Minimum (1645–1715 A.D.)

The region around the eastern Mediterranean (the Ottoman Empire) was severely affected by adverse climate during the Maunder Minimum.

Most areas suffered drought and plague in the 1640’s, the 1650’s and again in the 1670’s, while the winter of 1684 was the wettest recorded in the eastern Mediterranean during the past five centuries, and the winters of the later 1680’s were at least 3° C cooler than today.

In 1687 a chronicler in Istanbul, Turkey reported ‘This winter was severe to a degree that had not been seen in a very long time. For fifty days the roads were closed and people could not go outside. In cities and villages, the snow buried many houses. In the Golden Horn [major urban waterway and the primary inlet of the Bosphorus in Istanbul], the…

View original post 10,463 more words

Tales From Del Boca Vista | Seinfeld

Brexit is not to blame for the surge in UK inflation

julianhjessop's avatarPlain-speaking Economics

(Written on 2 May) Ouch! It looks increasingly likely that the headline measure of consumer price inflation is going to start with a ‘9’ in April (official data will be released on 18 May).

Most economists had expected a jump from 7pc in March to around 8.5pc. This assumed that the price increases we already know about – notably the 54pc hike in the Ofgem cap on domestic energy bills – would be at least partly offset by slower inflation elsewhere.

Unfortunately, this doesn’t appear to have happened. In particular, petrol and diesel prices have edged up further, despite the 5p cut in fuel duty, and food price inflation is continuing to rise. These pressures have been compounded by the geopolitical risks that Liam Halligan explained well in the Sunday Telegraph.

I have therefore upped my own forecast to 9pc for consumer price index (CPI) inflation in April, with the…

View original post 981 more words

Robert Hetzel – “New Keynesianism in central banking: friend or foe?”

Hungry Kittens Race for Dinner

Saluting Dad’s Army – 1/3 of 4

Baldrick’s ‘cunning plan’: A health restructuring transition unit without a transition plan

otaihangasecondopinion's avatarOtaihanga Second Opinion

On 21April 2021 Minister of Health Andrew Little announced a major restructuring of Aotearoa New Zealand’s health system involving three main changes to take effect on 1July 2022. Better understanding the third of these changes is helped by drawing upon Baldrick of the Blackadder television comedy.

The first two changes are commendable; the establishment of the Maori Health Authority (MHA) and the new crown public health agency (located within the Ministry of Health). They both have the potential to sharpen the effectiveness of addressing the impact of external social determinants of health, wellbeing, and access to quality patient care treatment.

Establishing these two new entities does not of themselves disrupt or destabilise the health system. Both new entities could established without any other restructuring, aside from transferring some functions to them presently performed by the health ministry.

Removing the ‘point of connection’

But the third change does disrupt and destabilise…

View original post 1,423 more words

China And Russia Rejoice At America’s Quest To Go Green

PA Pundits - International's avatarPA Pundits International

By Ronald Stein ~

China and Russia are great War historians of WWI and WWII, and know that the countries that controls the minerals, crude oil, and natural gas, controls the world! Biden has done an excellent job of relinquishing “CONTROL” for the “green” materials to China, and relinquishing “CONTROL” of the crude oil to OPEC and Russia! God help America!

How is it possible that America has allowed itself to become so dependent on authoritarian countries like China, Russia, Venezuela, and Saudi Arabia over the 30 years since the end of the Cold War? The weaponization of energy by China and Russia have been extensively discussed in the three books co-authored by Ronald Stein and Todd Royal, including the 2022 Pulitzer Prize nominated book “Clean Energy Exploitations – Helping Citizens Understand the Environmental and Humanity Abuses That Support Clean Energy.

America is in a fast pursuit toward…

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