“Economic Policy and Growth of Nation” – by Prof. Finn Kydland
24 Apr 2022 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, growth disasters, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment Tags: real business cycles
Rowan Atkinson & Hugh Laurie – Shakespeare and Hamlet (1989)
24 Apr 2022 Leave a comment
in television
#endcoal far off
23 Apr 2022 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth miracles Tags: China
Lucas, the quantity theory and the GFC
23 Apr 2022 Leave a comment
in business cycles, global financial crisis (GFC), macroeconomics, monetary economics, Robert E. Lucas
Ireland’s climate targets problem: livestock numbers need to be reduced, say analysts
23 Apr 2022 Leave a comment
Irish farm [image credit: climatenewsnetwork.net]
Yet another climate folly induced by arbitrary targets. As usual they conveniently forget that most of their so-called ‘greenhouse’ gas is water vapour, which depends on the temperature. There’s so little methane in the atmosphere it has to be measured in parts per billion, but alarmism has taken over.
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In order for legally binding climate targets to be met, and agricultural subsidies to be granted, the number of livestock on the island needs to go down says Buzz.
The size of herds both North and South of the border is being scrutinised. It is likely both cow and sheep herds on both sides of the border will need to be cut – and soon.
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Veteran lefty conceded over two decades of real wages growth in @Dompost
23 Apr 2022 Leave a comment
in applied welfare economics, economic growth, economic history, labour economics, politics - New Zealand, poverty and inequality, welfare reform Tags: pessimism bias, regressive left
Anti-Economics from the Economist
23 Apr 2022 Leave a comment
Since I just landed in London, it appropriate that today’s column will be based on an article in the U.K.-based Economist.
A recent issue of the magazine included an article lauding the Internal Revenue Service.
Why?
What could the bureaucrats have done to earn praise?
You’ll be amazed to learn that the Economist believes the IRS helped the economy by becoming a vehicle for income redistribution.
I’m not joking. Here are some excerpts from the article.
Despite its awful backlog, the irs has, from another perspective, had a very good pandemic. It has played a critical role in delivering support to Americans. And it has been surprisingly efficient at it. For each of the three rounds of stimulus payments, the irs was the conduit.
Within two weeks of Mr Biden’s signing of the stimulus bill in March 2021, for instance, it sent out $325bn via 127m separate…
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Gas On The Western Front – Baptism of Fire for Canada I THE GREAT WAR Week 39
23 Apr 2022 Leave a comment
in defence economics, laws of war, war and peace Tags: World War I
Democracy Watch Wishes that It Could Quit the Fixed-Date Election Law
23 Apr 2022 Leave a comment
Introduction
Democracy Watch touts itself as “the most effective and successful national citizen advocacy group in Canada at winning systemic changes to key laws since […] 1993.”[1] But it has certainly not met with success in its quixotic crusade against the true nature of Canada’s fixed-date election laws. On the contrary, Democracy Watch, the dissolution-chasing advocacy group undaunted by a series of judicial defeats, has now suffered its sixth rout since 2009 and has come one step closer to proving the colloquial definition of insanity as trying the same thing over and over and expecting different results. Justice Russel W. Zinn’s ruling in Democracy Watch et al. v Prime Minister of Canada et al. follows closely on the heels of Democracy Watch v New Brunswick (the Attorney General), where Justice E. Thomas Christie delivered Democracy Watch another embarrassing defeat on 29 October 2021.[2] The…
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