
So true
01 Oct 2021 Leave a comment
in economics of education Tags: philosophy of science, political correctness, regressive left

David D. Friedman: the Case for Anarcho-Capitalism
01 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, economics of crime, environmental economics, law and economics, property rights
12th Annual Feldstein Lecture – Summer Institute 2020 Claudia Goldin
01 Oct 2021 Leave a comment
in applied price theory, discrimination, economic history, economics of education, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap
Essential Coase: Transaction Costs & Institutions
01 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of information, environmental economics, law and economics, market efficiency, property rights, Ronald Coase
Kevin Murphy and Robert Topel – Some Economics of Professionalism (February 15, 2012)
01 Oct 2021 Leave a comment
in applied price theory, economic history, economics of information, entrepreneurship, health economics, human capital, labour economics, labour supply, occupational choice, occupational regulation, poverty and inequality
The FDA’s Oversight of Drug and Vaccine Development: Richard Epstein
01 Oct 2021 Leave a comment
in economics of regulation, health economics Tags: drug lags, economics of pandemics
Pumped hydro more expensive than batteries: why the winner is unclear
01 Oct 2021 Leave a comment
Previous post ended with the conclusion of Brakels’ article that the “winner is unclear”. That is quite a surprising conclusion of an article praising the strengths of the batteries while downplaying the weaknesses. These are the two reasons why Brakels thinks that the winner is unclear (my emphasis):
But because Snowy Hydro 2 may come in at less than the $10 billion or so I expect and because I can’t be certain the additional return from the battery setup will be enough to replace them when they fail, I can’t pick a winner.
The second argument is the most interesting. That statement looks rather cryptic and the meaning depends on the definition of the words “return” and “fail”.
“Return” could mean financial return and “fail” could mean end of economical life (additional financial return of the battery/solar scenario is not enough to replace the installation after its economical…
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September 30, 1399: Henry Bolingbroke is declared King of England and Lord of Ireland as Henry IV.
01 Oct 2021 Leave a comment
Henry IV (April 1367 – 20 March 1413) was King of England from 1399 to 1413. He asserted the claim of his grandfather King Edward III, a maternal grandson of Philippe IV of France, to the Kingdom of France. Henry was the first English ruler since the Norman Conquest, over three hundred years prior, whose mother tongue was English rather than French. He was known as Henry Bolingbroke before ascending to the throne.
Family Connections
Henry was the son of John of Gaunt, Duke of Lancaster, and his first wife Blanche. Gaunt was the third son of King Edward III. Blanche was the daughter of the wealthy royal politician and nobleman Henry of Grosmont, Duke of Lancaster.
Henry of Grosmont was the only son of Henry, 3rd Earl of Lancaster (c. 1281–1345); who in turn was the younger brother and heir of Thomas, 2nd Earl of Lancaster (c. 1278–1322). They…
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