When We First Talked
25 Feb 2022 Leave a comment
in economics of education, economics of media and culture
(QE) — the Fed’s massive purchases of Treasuries and other assets to push down long-term interest rates
24 Feb 2022 Leave a comment
in business cycles, financial economics, macroeconomics, monetary economics
House of Saxe-Coburg and Gotha/Windsor: George V (1910-1936)
24 Feb 2022 Leave a comment
Prince George Frederick Ernest Albert was distinct in nearly every way from his wayward, philandering father. He was a slim man –shy, and abstemious– and he often wore the same elegant clothes to public events (despising most newfangled trends). Moral strength was paramount for George. A former navy man, Prince George was accustomed to unchanging daily routines and the peace of mind that came with country life. He was a luddite who refused to be driven in a car above 30 miles an hour and he despised trains and airplanes, but loved hunting and stamp collecting. In all things, he was an orderly and disciplined man with an unassuming nature.
In 1892, Prince George’s erratic and apparently perverted older brother Eddy died and thus George found himself in the unexpected position of inheriting the crown’s succession. He quickly left the Navy and began preparations to one day become king. Unlike…
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Energy Insecurity: Biden’s Policies Leave Americans Vulnerable to Unreliable Wind & Solar
24 Feb 2022 Leave a comment
With the magnitude of the renewable energy-driven disaster playing out in Europe hard to ignore, it seems incredible that American Green New Deal Democrats remain fixated on chaotically intermittent wind and solar. And yet, they show no signs of relenting on their determined path to inevitable energy insecurity; an approach that borders on National treachery.
Call it a cult, call it good old-fashioned lunacy, whichever way you slice it becomes hard to explain, let alone justify, policies quite obviously designed to drive American enterprise into the ground.
The only winners are, of course, the rent-seekers and crony capitalists who stand to profit from an endless stream of subsidies directed to the owners of bird-mincing turbines and weather-prone solar panels.
Paul Driessen focuses on Virginia as the perfect example of the clear and present danger subsidised wind and solar represent to America’s energy security.
Assessing Virginia’s Hidden Wind and Solar Costs
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“Frankly simply daft”
24 Feb 2022 Leave a comment
I wasn’t going to write anything here today, but I couldn’t let the final question and answer from this morning’s Finance and Expenditure Committee hearing on the Monetary Policy Statement go without record and comment.
Simon Bridges, National’s FInance spokesman, asked the Governor whether the current prohibition – agreed between the Governor, the Board and the Minister – on any (external) MPC member having any active, engaged (present or future) analytical/research interest in monetary policy was not “frankly simply daft”, and did it not “ruin the ability to have thought diversity”.
He might well have added, but time was short, “and without precedent anywhere else in the advanced world” (or quite probably in most of the less-advanced world). Ben Bernanke would be disqualified, Lars Svensson would be out, and one could run a very long list of the sort of people who’ve served with distinction on the MPCs of other…
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How did Medieval Banking Work?
24 Feb 2022 Leave a comment
in economic history, financial economics, law and economics, macroeconomics, monetary economics, property rights
Spectrum of doubt
24 Feb 2022 Leave a comment
in economics of education Tags: conjecture and refutation, conspiracy theorists, philosophy of science
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