In February 2021, the temperature in Texas dropped below zero. Not a big deal, right? Texas is the energy state. Just go home, turn on the heat, and hunker down. That’s how it should have gone. But it didn’t. What happened, and why?
When the ACLU has lost itself
29 Sep 2021 Leave a comment
The ACLU is the American Civil Liberties Union, and the first I’d heard about them was a reference in the 1980 movie, The Blues Brothers. It’s the scene where the American Nazi party is allowed to do a march in Skokie, Illinois (then with a large Jewish population, including many survivors of the Holocaust) and Jake and Ellwood charge their car at the protestors, forcing many to jump off a low bridge into a stream.
The real life event came as a result of the ACLU actually fighting in court for the right of the Nazi party to hold the march. It is considered to be a landmark US case on freedom of speech and freedom of assembly.
Sadly, the ACLU is not that organisation any longer. There have been internal documents in recent years where they have hedged on defending the US Bill of Rights first amendment, not…
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When magical thinking becomes UK Labour policy
29 Sep 2021 Leave a comment
in economic growth, economics of education, entrepreneurship, human capital, income redistribution, labour economics, labour supply, Marxist economics, occupational choice, poverty and inequality, Public Choice, public economics Tags: envy, taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings, top 1%
Scott Freeman on the money/output correlation.
29 Sep 2021 Leave a comment
in applied price theory, business cycles, economic growth, financial economics, history of economic thought, macroeconomics, monetarism, monetary economics
Enlightenment now
29 Sep 2021 Leave a comment
in economics of education, liberalism, Marxist economics Tags: conjecture and refutation, philosophy of science

James Heckman: Inequality in Denmark vs USA
29 Sep 2021 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: Denmark
Thomas Sowell’s Maverick Insights on Race, Economics, and Society
29 Sep 2021 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economic history, economics of bureaucracy, economics of education, economics of love and marriage, George Stigler, history of economic thought, human capital, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, Milton Friedman, occupational choice, poverty and inequality, Public Choice, public economics, rentseeking, Thomas Sowell, urban economics
The Wire – Carcetti learns of the investigation being stalled
29 Sep 2021 Leave a comment
in television
Essential Coase: Who Was Ronald Coase?
29 Sep 2021 Leave a comment
in applied price theory, comparative institutional analysis, Ronald Coase
The Fall of Saigon (April 30th, 1975 – The End of the Vietnam War)
29 Sep 2021 Leave a comment
in defence economics, war and peace Tags: Vietnam war
Wind Farm Noise Nuisance Case Uncovers Wind Industry’s Culture of Lies & Deceit
28 Sep 2021 Leave a comment
The wind industry’s entrenched culture of lying and deceit is well-known around the globe. Uncovering precisely what these characters get up to is more of a challenge.
A noise nuisance case being pursued by farmers in the Victorian Supreme Court against the operator of the Bald Hills wind farm (our post here) is revealing a whole lot more than the wind industry is ever open to admit.
The operator’s noise consultant, Marshall Day Acoustics has been destroying and deleting unhelpful noise data that it has gathered from non-compliant wind farms across Victoria for years, including at Bald Hills, which, we are told is one reason why it decided to not call any of its staff to give evidence during the trial. The usual ‘dog-ate-my-homework’ excuse used by MDA whenever its noise data disappears was, apparently, deemed unlikely to cut it in front of a Supreme Court Judge.
But…
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Claudia Goldin on Gender Equality in the Labor Market
28 Sep 2021 Leave a comment
in applied price theory, discrimination, economic history, economics of education, gender, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice Tags: gender wage gap



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