Sowell on @AOC
22 Nov 2021 Leave a comment
in economics of education, Marxist economics, Thomas Sowell Tags: regressive left
Markets & Defense: Is Government Inevitable? – David Friedman and Randall Holcombe
22 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of crime, history of economic thought, law and economics, property rights
The Democrats are not learning
21 Nov 2021 Leave a comment
You would think that after the recent election losses in Virginia and the fright they got in New Jersey, not to mention the underwater polling of “President” Biden and the Democrat Party across the nation and across seemingly all issues, that they would be learning from their mistakes and trimming their sails as Bill Clinton did after the 1994 mid-terms elections booted his Democrats from power in both the Senate and, for the first time in forty years, from the House.
Admittedly he and his party didn’t trim until after that catastrophe so perhaps we’re looking at the same thing here.
But I suspect it’s worse than that. Back in those days representatives from Deep Blue districts were not extreme in their approach, despite having majorities the GOP couldn’t touch. Now we’ve got the likes of AOC, who feels she can push the edge of the envelope on policy and…
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Bloody Expensive: Counting Staggering True Cost of Worthless Wind Power
21 Nov 2021 Leave a comment
Wind power has no economic value simply because it cannot be delivered as and when power consumers need it. Hence the massive and seemingly endless subsidies to a power source which is meaningless and, accordingly, worthless. In the absence of subsidies, there would be no wind industry, at all.
But worthless does not mean ‘cheap’ – pointless ‘virtue’ signalling comes with a staggering price tag.
Now that Jo Biden has got the cash to implement the Green New Deal (at its heart a self-destructive energy policy heavily promoted by Bernie Sanders and the Squad) the prospects for renewable energy rent-seekers have improved.
Which, is as good as time as any, to calculate the true costs of what’s coming.
Thomas Stacy does just that below.
Virginia’s Blackout Energy Plan (‘bloody expensive,’ says E&E News)
Master Resource
Thomas Stacy II
2 November 2021
“Get ready, blackouts and brownouts are coming,” [Glenn] Youngkin…
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David Hume and Adam Smith
21 Nov 2021 Leave a comment
I recently wrote a short piece for Adam Smith Works, on the influence of David Hume on Adam Smith, in the field of trade and international politics.
You may find it here: https://www.adamsmithworks.org/speakings/van-de-haar-insights-of-david-hume
Lally’s paper on a cost-benefit analysis of Covid vaccine “mandates”
21 Nov 2021 Leave a comment
Earlier in the week I did a post that included economist (and former Victoria University academic) Martin Lally’s sketch outline of an approach to thinking about applying cost-benefit analysis techniques to Covid vaccine “mandates”. In that post I included a few suggestions, questions, and thoughts on aspects of Lally’s note and the wider issue of coercion in a Covid context.
Since then, Lally has extended his note into a fuller short paper. I offered to make it more widely available here
A COST-BENEFIT ANALYSIS OF COVID-19 VACCINE MANDATES by Martin Lally
Here is his Abstract
Abstract
Covid-19 vaccine mandates for the general population must trade off the rights of those who object to being vaccinated against the costs that the unvaccinated impose upon the vaccinated, most particularly the increased risk to vaccinated people of death by covid-19. This paper provides a methodology for doing so. It is then applied to…
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Julia Louis-Dreyfus Losing It Over Jerry Stiller
21 Nov 2021 Leave a comment
in television, TV shows
Yellowstone Supervolcano: America’s Armageddon
21 Nov 2021 Leave a comment
in economics of education, economics of media and culture
21 Nov 2021 Leave a comment
in economics of education Tags: conjecture and refutation, philosophy of science
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