

From https://www.richmondfed.org/publications/research/economic_quarterly/1998/summer/humphrey
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
18 Apr 2022 Leave a comment
in history of economic thought, macroeconomics, monetarism, monetary economics
18 Apr 2022 Leave a comment
One of the solutions that our Minister of Energy proposes for the energy transition is interconnectivity. In the webinar she gave at the end of 2020 (see previous post) she was pleased that Belgium got connected to the German grid and therefor could start to take advantage of the electricity produced by solar and wind in Germany. I am less optimistic about that. As I found in some previous posts like for example here, here and here, Belgium and Germany are neighbor countries and therefor have similar patterns of solar and wind production.
That doesn’t necessarily mean that no gains could be made by this interconnection. There will be times when Belgium could use the solar/wind overproduction of Germany, but when Germany has a excellent intermittent production, then generally Belgium does too. The same when Germany has only little intermittent production, then Belgium generally experience the same. The…
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18 Apr 2022 Leave a comment
in development economics, economic history, economics of crime, growth miracles, law and economics, property rights Tags: China
17 Apr 2022 Leave a comment
The climate/RE cult’s latest mantra “net-zero”, apparently means wind and solar connected to batteries or pumped hydro. The notion has it that wind and solar’s hopeless intermittency can be overcome by a few TWh’s worth of giant lithium-ion batteries or, where geography and hydrology permit, pumped hydro systems.
The latter model involves using wind and solar to pump water uphill into turkey’s nest dams so that, when the sun sets and/or calm weather sets in, hydro power will merrily fill the inevitable daily gaps in wind/solar power production and keep the grid up and running.
Well, that’s the story, anyway.
The wind/pumped hydro model is at the heart of the “net-zero” energy generation systems being pumped by politicians and rent seekers, alike.
In a cooking show, ‘here’s one we prepared earlier moment’, a large-scale wind and pumped hydro experiment has been playing out on an island in the Atlantic, El…
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17 Apr 2022 Leave a comment
in population economics Tags: Australia, economics of fertility

17 Apr 2022 Leave a comment
in economics of religion Tags: Age of Enlightenment, Freedom of religion
17 Apr 2022 Leave a comment
Industrial wind turbines create at least 2 critical dangers for flyers: 1) wake turbulence; 2) collision with blades and towers. The air turbulence generated by hundreds of 50-60m blades with their outer tips travelling at around 350km/h (wake turbulence) messes with the pilot’s ability to control their aircraft (see our post here). Slamming into them, often in bad weather, ends with reasonably predictable results.
Results such as the 4 killed in South Dakota, when the plane depicted above slammed into a turbine in foggy conditions.
Here’s another example of the deadly threat wake turbulence poses to pilots, their aircraft and passengers.
Plane crash blamed on ‘turbulence’ from wind farm
BBC
10 March 2022
A pilot injured in a crash landing has claimed a “violent” gust which caused him to lose control of his plane may have been caused by a nearby windfarm.
The 66-year-old man crashed off the…
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17 Apr 2022 Leave a comment

On April 15, the 63rd Anti-tank Regiment and the 11th Armoured Division of the British army liberated about 60,000 prisoners at the Bergen-Belsen concentration camp.
One of the soldiers, 21 year old Corporal Ian Forsyth, called it “A place of darkness and death.” What the British troops encountered was described by the BBC’s Richard Dimbleby, who accompanied them:
“…Here over an acre of ground lay dead and dying people. You could not see which was which… The living lay with their heads against the corpses and around them moved the awful, ghostly procession of emaciated, aimless people, with nothing to do and with no hope of life, unable to move out of your way, unable to look at the terrible sights around them … Babies had been born here, tiny wizened things that could not live … A mother, driven mad, screamed at a British sentry to give her milk…
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16 Apr 2022 Leave a comment
Henry IV (c. April 15, 1367 – March 20, 1413), also known as Henry Bolingbroke, was King of England from 1399 to 1413. He asserted the claim of his grandfather King Edward III, a maternal grandson of Philippe IV of France, to the Kingdom of France. Henry was the first English ruler since the Norman Conquest, over three hundred years prior, whose mother tongue was English rather than French.
Henry was born at Bolingbroke Castle, in Lincolnshire, to John of Gaunt and Blanche of Lancaster. His epithet “Bolingbroke” was derived from his birthplace. Gaunt was the third son of King Edward III.
Blanche was the daughter of the wealthy royal politician and nobleman Henry, Duke of Lancaster, a member of the Plantagenet dynasty and a direct male descendant of Henry III.
Gaunt enjoyed a position of considerable influence during much of the reign of his own nephew, King Richard II…
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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