The Tyranny of Experts | William Easterly
14 Sep 2021 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economics of bureaucracy, economics of information, Public Choice
Twitter an Unreliable Means of Discourse
14 Sep 2021 Leave a comment
Jack Butler writes an article The Myth of the Red Pill in the National Review. I won’t go into all the nuances and various meanings attached to being redpilled, blue- or blackpilled, but want to reblog his discussion about how cyberspace is now awash with tweets from people, left and right, who believe they and they alone are “woke” in either the progressive, post-modern sense, or the opposite. Excerpts in italics with my bolds.
Adherents believe that their apparent online numbers, purportedly sophisticated ideas, and supposed influence in real-world politics point both to their being correct and the emerging conservative paradigm. All of these things are hard to measure, not just because of the amorphous quality of online interaction, but also because of the many layers of irony and memery in which believers conceal themselves. Still, it is undoubtedly true that none of this would have happened
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300 Years of Leadership and Innovation: Sir Robert Walpole, Britain’s first ‘Prime Minister’ and the History of Parliament Online
14 Sep 2021 Leave a comment
On 3 April 1721 Robert Walpole was appointed First Lord of the Treasury and Chancellor of the Exchequer. This was not the first time that he had occupied these roles, however it was from this point that he is generally regarded as becoming the first ever ‘Prime Minister’. The title was initially bestowed upon Walpole as an insult, used to criticise Walpole’s improper rise to a position higher than some members of the royal family.A similar charge had been levelled against Robert Harley during his impeachment trial in 1715, something in which Walpole himself had been closely involved. In fact, in 1741 Walpole told the Commons “I unequivocally deny that I am sole and prime minister” [W. Coxe, Memoirs of the Life and Administration of Sir Robert Walpole]. However, the title gradually…
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The Wire – You need a score card to keep up with your lethal ass
14 Sep 2021 Leave a comment
in television
Protests Break Out in Europe As Electricity Prices Soar
14 Sep 2021 Leave a comment
Energy costs on the rise
Refusal to exploit their own reserves of coal and gas, strong reluctance to import any more than the bare minimum because of a professed fear of trace gases in the atmosphere, and over-reliance on costly renewables is making the countries in question look more and more foolish. No end in sight to this kind of economic pain.
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Depleted natural gas inventories and low wind speeds have led to a surge in electricity prices across Europe, putting pressure on governments as consumers protest against surging power bills ahead of the winter heating season, says OilPrice.com.
Electricity prices from the UK to Spain have jumped to all-time highs, people in Spain have taken to the streets, while prices across Europe so high could become a drag on the economic recovery from the pandemic.
In Spain, day-ahead electricity prices surged to a fresh record…
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From Modeling Monetary Economies – Champ, Freeman & Haslag
13 Sep 2021 Leave a comment
in applied price theory, applied welfare economics, budget deficits, macroeconomics, monetary economics Tags: fixed exchange rates
From https://books.google.co.nz/books?id=TLq8z0oQg2sC&pg=PA47&source=gbs_toc_r&cad=3#v=onepage&q&f=false
Are soft NDP voters switching to save Liberals?
13 Sep 2021 Leave a comment
In my earlier preview of September elections, I noted that the surge in polls for the Conservatives in the Canadian election might lead to the NDP losing votes. It is possible this is happening now.
In recent days, the Liberals have returned to a narrow lead in votes and strengthened their existing seat lead, according to the CBC poll tracker. At the same time, there is a notable dip in NDP votes and seats.
We need to be careful about inferring individual change from aggregate trends. But the most likely cause of what the poll tracker and its seat estimator are picking up is softer NDP voters worried about a Conservative plurality.
Note that this would be strategic voting, but not based on district-level expected outcomes (“coordination”), rather on national-level expectations. “All politics is national”, as Taagepera and I put it in the title of our chapter (10)…
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GEOFF BOYCOTT RUNS OUT DEREK RANDALL 1977 3rd test – awful cricket!
13 Sep 2021 Leave a comment
in cricket
Is it a conspiracy?
13 Sep 2021 Leave a comment
in economics of education, economics of media and culture, Marxist economics Tags: cognitive psychology, conspiracy theorists, political psychology
Miradas en positivo. Conversaciones Finn Kydland 2021
13 Sep 2021 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, fiscal policy, global financial crisis (GFC), great recession, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics
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