F. A. Hayek on Monetary Policy, the Gold Standard, Deficits, Inflation, and John Maynard Keynes
19 Aug 2021 Leave a comment
in Austrian economics, business cycles, F.A. Hayek, history of economic thought, macroeconomics, monetary economics Tags: Keynesian macroeconomics, monetary policy
William I, the Conqueror, as King of the English. Part IV.
19 Aug 2021 Leave a comment
Elite replacement
A direct consequence of the invasion was the almost total elimination of the old English aristocracy and the loss of English control over the Catholic Church in England. William systematically dispossessed English landowners and conferred their property on his continental followers. The Domesday Book meticulously documents the impact of this colossal programme of expropriation, revealing that by 1086 only about 5 percent of land in England south of the Tees was left in English hands. Even this tiny residue was further diminished in the decades that followed, the elimination of native landholding being most complete in southern parts of the country.
Natives were also removed from high governmental and ecclesiastical office. After 1075 all earldoms were held by Normans, and Englishmen were only occasionally appointed as sheriffs. Likewise in the Church, senior English office-holders were either expelled from their positions or kept in place for their lifetimes and…
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The Wright Flyer: The Spectacular Birth of Modern Flight (That Many People Believed Was Fake)
19 Aug 2021 Leave a comment
in economic history, transport economics
Navigating the culture wars with Douglas Murray and Ayaan Hirsi Ali
19 Aug 2021 Leave a comment
in discrimination, economics of crime, gender, labour economics, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: free speech, Freedom of religion, political correctness, regressive left
German Defensive Strategy and Tactics At Passchendaele I THE GREAT WAR Special
19 Aug 2021 Leave a comment
in defence economics, war and peace Tags: World War I
Origins of the Holy Roman Empire. Part II.
19 Aug 2021 Leave a comment
Scholars generally concur, however, in relating an evolutionary process to the institutions and principles eventualy forming and constituting the empire, describing it as a gradual assumption of the imperial title and role of the emperor and the empire itself over the lands under its authority.
Let us delve deeper into the creation of the empire. First some background information leading to the rule of Charlemagne.
From the time of Roman Emperor Constantine I (r. 306–337), the Roman emperors had, with very few exceptions, taken on a role as promoters and defenders of Christianity. The reign of Constantine established a precedent for the position of the Christian emperor in the Church.
Roman Emperors considered themselves responsible to the gods for the spiritual health of their subjects, and after Constantine and his conversation to Christianity, the Emperors believed they had a duty to help the Church define and maintain orthodoxy. The emperor’s…
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Nineteen Eighty-Four by George Orwell (1949)
18 Aug 2021 Leave a comment
‘If you want a picture of the future, imagine a boot stamping on a human face — for ever.’
I read this when I was 16 in 1977. The Soviet Union still existed, Eastern Europe was ruled by communist dictatorships and England was visibly falling to pieces. The external situation was bad enough but being a teenager and new to this kind of adult literature, it scared the bejesus out of me, in fact it helped introduce me to what books could really do, their power to change your entire view of life.
Quite clearly Nineteen Eighty-Four is the summary towards which all of Orwell’s writings were heading. It brings together numerous themes, ideas and obsessions which thread through all his previous work:
- The theme of political lying, of the power of political propaganda if applied with ruthless consistency to utterly distort ‘the truth’ – something which Orwell had seen…
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The Age of Empire: 1875 to 1914 by Eric Hobsbawm (1987)
18 Aug 2021 Leave a comment
Summary
This is a very mixed bag of a book. The first quarter or so is a thrilling global overview of the main trends and developments in industrial capitalism during the period 1875 to 1914, containing a vast array of fascinating and often thrilling facts and figures. But then it mutates into a series of long, turgid, repetitive, portentous, banal and ultimately uninformative chapters about social change, the arts, sciences, social sciences and so on, which are dreadful.
And underlying it all is Hobsbawm’s unconcealed contempt for the nineteenth century ‘bourgeoisie’ and their ‘bourgeois society’, terms he uses so freely and with so little precision that they eventually degenerate into just being terms of abuse.
And in his goal of insulting the 19th century ‘bourgeoisie’ as much as possible, Hobsbawm glosses over a huge range of crucial differences – between nations and regions, between political and cultural and religious traditions…
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Loaded Dice: How The Wind Industry Rigged Noise ‘Rules’ So It Could Ruin Neighbours’ Lives
18 Aug 2021 Leave a comment
When it comes to the noise that drives neighbours nuts, wind power outfits get away with blue murder. And there’s a reason for that.
Over the years, hundreds of our posts have covered the topic of the adverse health effects caused by turbine generated incessant low-frequency noise and infrasound; the woefully inadequate, indeed, utterly irrelevant noise standards written by the wind industry; and the institutional corruption that:
a) allowed those standards to become the “benchmarks” in the first place; and
b) witnesses public authorities, with a responsibility to protect public health, not only sitting on their hands, but barracking in favour of the wind industry, at the expense of the very people these planning and public health agencies and authorities are paid handsomely to protect.
In this post from February 2015 – Three Decades of Wind Industry Deception – STT set out a chronology of what the wind industry and…
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The Conscripts and Conscientious Objectors of World War Two – WW2 Special
18 Aug 2021 Leave a comment
in defence economics, war and peace Tags: World War II


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