Western Front Spring 1917: Why the Allies Failed
30 Apr 2022 Leave a comment
in defence economics, war and peace Tags: World War I
The Sentinelese: The Tribe Who Kill All Outsiders
30 Apr 2022 Leave a comment
in economic history, economics of crime, economics of education, law and economics, property rights
Star Trek: Season 1, Episode Fourteen “Balance of Terror”
29 Apr 2022 Leave a comment
Stardate: 1709 (2266)
Original Air Date: December 15, 1966
Writer: Paul Schneider
Director: Vincent McEveety
“In a different reality… I could have called you friend.”
“Balance of Terror” is an absolute classic of early Trek. This brilliant episode examines the true cost of war and asks us to consider who we consider to be “barbarians.” “Balance of Terror” opens with a charming wedding scene between two crewmen –Ensign Angela Martine (Barbara Baldavin) and Lt. Robert Tomlinson (Stephen Mines). Kirk is set to officiate the wedding, however in truth something more sinister is lurking behind the scenes. Spock privately notifies the Captain that two outposts (Earth Outposts 2 and 3) have mysteriously gone silent, and now the Enterprise is headed toward Outpost 4. Kirk hides his consternation and begins officiating the wedding ceremony anyway:
“Since the days of the first wooden vessels, all ship masters…
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Updated Assessment of Switzerland’s Spending Cap
29 Apr 2022 Leave a comment
Since I’m a big fan of spending caps, I’m very happy to be in Zurich as part of the Free Market Road Show.
Switzerland’s spending cap (called “the debt brake“) is probably the best system in the world. It does have an escape clause for emergencies, so the government did increase spending during the pandemic.
But as this chart illustrates, Swiss lawmakers were much more responsible than their American counterparts. Over the past few years, IMF data shows that the national debt (as a share of GDP) increased by about 3.4 percent in Switzerland compared to 12.8 percent in the United States.
Even more amazing, Switzerland is now quickly restoring spending restraint.
Indeed, as reported by Le News, Switzerland already is going to be back to fiscal balance by the end of this year.
The Covid-19 pandemic plunged Switzerland’s budget into the red in 2020…
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4 Ways to Uncover Ancient Earthquakes
29 Apr 2022 Leave a comment
in economics of education, economics of natural disasters
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