SNL’s ‘Superhero Party’ With Belushi, Aykroyd and Murray
27 Jan 2022 Leave a comment
in movies, television, TV shows
Prescott shows a lot of contracting since the end of the tech bubble
27 Jan 2022 Leave a comment
in business cycles, economic growth, economic history, Edward Prescott, great recession, history of economic thought, macroeconomics, monetarism, monetary economics Tags: real business cycles
Prescott on monetary booms
27 Jan 2022 Leave a comment
in business cycles, economic growth, economic history, Edward Prescott, history of economic thought, macroeconomics, monetary economics
Compromise Candidate | Yes, Minister: 1984 Christmas Special
26 Jan 2022 Leave a comment
in television, TV shows
The List of School Choice Hypocrites Is Getting Longer
26 Jan 2022 Leave a comment
When contemplating the issue of school choice, it’s most important to focus on how we can improve educational outcomes, particularly for children from low-income communities.
But, as a fiscal economist, I can’t help thinking about how school choice is also good news for taxpayers.
And I also can’t help but notice that opponents are often very hypocritical.
- Such as Senator Elizabeth Warren of Massachusetts, who utilized private education for her offspring but endlessly fights against school choice for less-affluent families.
- Such as the high-level education bureaucrat from Alexandria, Virginia who sent his kids to private school while opposing educational options for less-affluent families.
Such as the Democratic congressional candidate whose kids were enrolled in an elite private school, yet attacked his opponent for supporting choice for less-affluent families.- Such as the head of a teacher union in California who had his daughter in a private school…
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European Energy Crisis, Updated: Germans Shut Down Perfectly Good Nuclear Plants, Utilities Send Socks to Shivering Customers and Advise Eating Porridge
26 Jan 2022 Leave a comment
As we noted in September, natural gas prices are sky-high in Europe. Coal-burning power plants have been shut down and the windmills have not spun as fast as expected, which led to a drawdown of European natural gas stocks for electric power generation. The Russians are not sending as much gas as hoped through their pipelines, so Europe is scratching around for (very, very expensive) liquified natural gas to be shipped by ship from the U.S. and the Middle East.
As noted, this hurts European economies in various ways. Fertilizer plants and aluminum smelters have shut down because of too-costly natural gas feedstock, consumers are paying much more in utility bills, and some governments are going deeper into deficit by paying subsidies to partially cushion consumers. This energy shortage also makes Europe very vulnerable to Russia, at a time when Putin is menacing Ukraine with invasion.
France derives about
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