What would a Great Reorganization look like?
14 Dec 2021 Leave a comment
In our eternal quest to never let go of any effective rhetorical device that can double as a headline, the last 12-18 months have been dubbed The Great Resignation. Within voluntary job separations, a sizable chunk of which appear to be early retirements, many are young people transitioning from low-paying jobs to those that have seen fit to adapt to the labor shortage faster, offering some combination of higher wages, better benefits, or a higher quality of life, often through the channel of relaxed educational or experience prerequisites.
Some, generally from the political left, are framing this as a…
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December 13, 1967: Counter Coup in Greece Conducted by King Constantine II of the Hellenes
14 Dec 2021 Leave a comment
Constantine II (born June 2, 1940) reigned as the last King of the Hellenes, from March 6, 1964 until the abolition of the Greek monarchy on June 1, 1973.
Constantine is the only son of King Pavlos and Queen Frederica of Greece. Frederica was born a, Princess of Hanover, Princess of Great Britain and Ireland, and Princess of Brunswick-Lüneburg on April 18, 1917 in Blankenburg am Harz, in the German Duchy of Brunswick, she was the only daughter and third child of Ernst August then reigning Duke of Brunswick, and his wife Princess Viktoria Luise of Prussia, herself the only daughter of the German Emperor Wilhelm II.
Constantine acceded as King of the Hellenes in 1964 following the death of his father, King Pavlos. Later that year he married Princess Anne-Marie of Denmark the youngest daughter of King Frederik IX of Denmark and his wife Ingrid of Sweden. She is…
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Capitalism and freedom
14 Dec 2021 Leave a comment
in economics of bureaucracy, F.A. Hayek, law and economics, liberalism, libertarianism, Marxist economics, property rights, Public Choice

Baby Monkey, Johny Sleep Well With Noy Grooming And Amazing Talking
14 Dec 2021 Leave a comment
in economics of media and culture
When a costume malfunction almost killed the King of France
14 Dec 2021 Leave a comment
in economic history Tags: France
Dionne Warwick “I Say A Little Prayer” on The Ed Sullivan Show
13 Dec 2021 Leave a comment
in Music, television
Wanton Waste: World’s Largest Wind Farm = World’s Largest White Elephant
13 Dec 2021 Leave a comment
Want to make a small fortune? Then take a large one and put it into offshore wind power. The costs of generating sporadic electricity using wind are staggering; doing so offshore makes them astronomical.
And, it seems, the bigger the boondoggle, the more costly it becomes for the unwitting taxpayers, who are always left to pick up the monstrous bill.
The team from Jo Nova report below on work carried out by the Global Warming Policy Foundation that concludes the world’s largest offshore wind farm will soon become the world’s largest white elephant.
Dogger Bank wind farm: Big, New, and essentially worthless, with a value like minus £1 billion
Jo Nova Blog
Jo Nova
25 November 2021
Dogger Bank will become the World’s Largest Wind Farm and maybe the World’s largest white elephant too.
Despite years of research and hyperbole we can conclusively say that offshore wind is still a…
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Rolling Stones WAITING ON A FRIEND (early version, 1972, unreleased)
13 Dec 2021 Leave a comment
in Music
Vox column on Reconciling Hayek’s and Keynes’ views of recessions
13 Dec 2021 Leave a comment
Paul Beaudry, Dana Galizia and myself have written a Vox column based on our recent paper on recessions, that can be seen as a reconciliation of Keynes’ and Hayek’s views of recessions.
The column can be found there: http://www.voxeu.org/article/reconciling-hayeks-and-keynes-views-recessions.
Surprising images from inside North Korea – BBC REEL
13 Dec 2021 Leave a comment
in Marxist economics, war and peace Tags: North Korea
The philosopher stoned for his defence of science
13 Dec 2021 Leave a comment
A letter in defence of science, published in New Zealand Listener in July, was signed by seven professors from the University of Auckland. Emeritus Professor Robert Nola, one of the signatories, specialises in the philosophy of science. But the Royal Society of New Zealand is investigating him over what it claims are “misguided” views regarding Māori knowledge. Graham Adams reports.
Professor Robert Nola’s bread and butter is analysing what makes science science. This has been his focus for more than 50 years. Yet, he is facing a disciplinary hearing by the Royal Society for expressing his views on science and mātauranga Māori (traditional Māori knowledge).
Nola was one of seven eminent professors from the University of Auckland who, in a letter to New Zealand Listener in July, criticised plans to include mātauranga Māori in the school science curriculum and to give it equal standing with “Western/ Pakeha epistemologies”…
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