Lost on @amnesty
18 May 2021 Leave a comment
in defence economics, laws of war, war and peace Tags: Gaza Strip, Hamas, Israel, war against terror
Supersonic Planes are Coming Back (And This Time, They Might Work)
18 May 2021 Leave a comment
in entrepreneurship, transport economics
The Transcontinental Railroad: The Track that Built America
18 May 2021 Leave a comment
in economic history, transport economics
Why We Should Defund The Police
18 May 2021 Leave a comment
in economics of crime, law and economics, Marxist economics, politics - USA Tags: law and order, political correctness, regressive left
COVID-19 Vaccination Race: Daily doses per 100 people
17 May 2021 Leave a comment
in health economics Tags: economics of pandemics
Stagflation and pretty graphs?
17 May 2021 Leave a comment
For two decades after the end of WWII, economists, bureaucrats and politicians were pretty sure that they’d nailed the problems of controlling a capitalist economy.
The ruling theory was Keynesianism, named after the famous economist John Maynard Keynes, whose key insight in the 1930’s was that in times of economic recession, and especially depression such as The Slump of the 1930’s, governments should not cut back on their spending but increase it.
Prior to that governments had always taken the same attitude towards a shrinking economy that households and businesses did: you cut spending in line with your falling revenues, tax in the case of government. Keynes argued that this was the wrong thing for governments to do; they were different because they controlled the creation of credit so debt was not the same threat to them. They could go into debt, perhaps quite a lot of debt, and…
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John Kerry: US climate envoy criticised for optimism on clean tech
17 May 2021 Leave a comment
[image credit: latinoamericarenovable.com] Wishful thinking is the new climate policy for fantasy planet savers. John Kerry told the BBC technologies that don’t yet exist will play a huge role in stabilising the climate. But ‘Craig Bennett from the UK Wildlife Trusts told BBC News Mr Kerry’s remarks were “frankly ridiculous”.’ How much more worthless baloney do we have to endure from hypocritical globe-trotting alarmists?
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America’s climate envoy John Kerry has been ridiculed for saying technologies that don’t yet exist will play a huge role in stabilising the climate.
Speaking on the BBC’s Andrew Marr show, he said the US was leading the world on climate change – and rapidly phasing out coal-fired power stations.
But he rejected a suggestion that Americans need to change their consumption patterns by, say, eating less meat.
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