F A Hayek – The Power Of Pricing
17 Jul 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, entrepreneurship, F.A. Hayek, history of economic thought, industrial organisation, Marxist economics
Captain Scarlet and the Mysterons (1967) tv theme: start and end credits
16 Jul 2021 Leave a comment
in television
Fiscal theory of the price level
16 Jul 2021 Leave a comment
in budget deficits, business cycles, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetarism, monetary economics Tags: monetary policy
Another Summer of Discontent: Wind & Solar Obsession Leaves Californians Scrambling for Reliable Power
16 Jul 2021 Leave a comment
The sweeping blackouts that struck California last summer are back with a vengeance; another heatwave, another scramble for reliable power.
The power rationing debacle that is plaguing Californians once again, is precisely what you’d expect when woolly-headed thinking overtakes sound engineering.
The state-wide blackout that struck in mid-August 2020, was put down by officials to an “unexpected loss of a 470-megawatt power plant Saturday evening, as well as the loss of nearly 1,000 megawatts of wind power,” the San Jose Mercury News reported. In addition, cloud cover over the desert meant solar energy was in short supply. For more see: Renewable Energy Reckoning: Wind & Solar Power Obsession Leaves Millions of Californians Sweltering In The Dark
Having deliberately trashed its own power supply, California is haranguing its neighbours to obtain electricity it would have had, had it not pinned its hopes to sunshine and breezes.
California Begs For…
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New Paper on Out-of-Date Climate Scenarios
16 Jul 2021 Leave a comment
How Climate Scenarios Lost Touch With Reality
By Roger Pielke Jr. and Justin Ritchie
A failure of self-correction in science has compromised climate science’s ability to provide plausible views of our collective future.
The integrity of science depends on its capacity to provide an ever more reliable picture of how the world works. Over the past decade or so, serious threats to this integrity have come to light. The expectation that science is inherently self-correcting, and that it moves cumulatively and progressively away from false beliefs and toward truth, has been challenged in numerous fields—including cancer research, neuroscience, hydrology, cosmology, and economics—as observers discover that many published findings are of poor quality, subject to systemic biases, or irreproducible.
In a particularly troubling example from the biomedical sciences, a 2015 literature review found that almost 900 peer-reviewed publications reporting studies of a supposed breast cancer cell line were in fact based…
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Renewable production not keeping pace with new demand
16 Jul 2021 Leave a comment
The amount of additional electricity required worldwide is more than any existing increase in output from renewables. As value-for-money fossil fuels – coal and gas mostly – fill the breach as it were, ‘decarbonisation’ is in effect going negative (if it was ever doing anything else). Let COP26 delegates chew on such ‘challenges’ as they’re called, in Glasgow later this year.
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The planet’s electricity demand is expected to rebound strongly this year and next after falling by around 1% in 2020, according to a new publication from the International Energy Agency.
Released on Thursday, the IEA’s electricity market report predicts that global demand for electricity will increase by nearly 5% in 2021 and 4% in 2022 as economies around the world seek to recover from effects of the Covid-19 pandemic, says France24.
The report from the Paris-based organization notes that although electricity production from renewable energies…
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1/3rd don’t use assisted dying pill
16 Jul 2021 Leave a comment
in health economics, liberalism, libertarianism, politics - Australia, politics - New Zealand Tags: euthanasia
Hobart’s Funnies: D-Day’s Weird and Wonderful Tanks
16 Jul 2021 Leave a comment
in defence economics, war and peace Tags: D-Day, World War II
Emperor Karl Wants His Crown Back – Habsburg Restoration Coups I THE GREAT WAR 1921
16 Jul 2021 Leave a comment
in war and peace Tags: World War I
The Wire – Him we don’t know, but the one he calls boss ? him we know
16 Jul 2021 Leave a comment
in television
Why did the Paris Commune Fail?
16 Jul 2021 Leave a comment
in defence economics, economic history Tags: France
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