Oil – Hitler’s Only Chance to Win the War? – WW2 Special
12 Jan 2022 Leave a comment
in defence economics, war and peace Tags: World War II
Trench Warfare in World War 1 I THE GREAT WAR Special
12 Jan 2022 Leave a comment
in defence economics, war and peace Tags: World War I
Study looks at Antarctic sea ice changes since the early 20th century, increases since 1979
11 Jan 2022 Leave a comment
Antarctica
The article says ‘The satellite measurements start in 1979’, but the USGS Landsat satellite project has been ‘imaging the Earth since 1972’. The researchers say in the abstract of their paper: ‘In stark contrast to the Arctic, there have been statistically significant positive trends in total Antarctic sea ice extent since 1979. However, the short and highly variable nature of observed Antarctic sea ice extent limits the ability to fully understand the historical context of these recent changes.’ The UK Met Office reported in October 2021: ‘Antarctic sea ice reached a maximum extent (to date) of 18.75 million sq km on 1st September 2021 (Figure 7), which is very close to the 1981-2010 average maximum extent of 18.70 million sq km.’
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A study led by Ohio University researchers shows that the increase of sea ice surrounding Antarctica since 1979 is a unique feature of Antarctic…
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This Cat Kept Kidnapping The Neighbor’s Puppies Then They Discovered The Jaw Dropping Reason Why
11 Jan 2022 Leave a comment
in cats
MARTHA and THE VANDELLAS – Dancing In The Street (1964) (Remastered)
11 Jan 2022 Leave a comment
in Music
Keynesian Spending Undermines Economic Expansion
11 Jan 2022 Leave a comment
I wrote in 2010 that Keynesian economics is like the Freddy Krueger movies. It refuses to die despite powerful evidence that you don’t help an economy by increasing the burden of government. In 2014, I wrote the theory was based on “fairy dust.” And in 2015, I said Keynesianism was akin to a perpetual motion machine.
What’s my proof? Well, during the period when Obama’s “stimulus” was in effect, unemployment got worse. 
And the best growth period under Obama was after the sequester, which Obama and others said was going to hurt the economy.
When I discuss these issues with Keynesians, they reflexively claim that Obama would have gotten good results if only he had increased spending even faster (which is also their knee-jerk response when you point out that Keynesianism didn’t work for Hoover, didn’t work for FDR, didn’t work…
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Biden’s “Stimulus” Failure
11 Jan 2022 Leave a comment
At the risk of understatement, economists are not good forecasters.
And they are especially incompetent when they make forecasts based on bad policy, 
such as when the Obama White House projected that his so-called stimulus would quickly lead to falling unemployment.
In reality, the jobless rate immediately increased and then remained much higher than projected for the remainder of the five-year forecast.
The failure of Obama’s stimulus should have been a learning moment for Washington politicians.
But Joe Biden must have slept through that lesson because his first big move after taking office was to saddle the nation with a $1.9 trillion “stimulus” package.
The White House claimed this orgy of new spending would lead to four million additional jobs in 2021, on top of the six million new jobs that already were expected.
So what happened? Matt Weidinger of the American Enterprise Institute looked at…
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