The Kefauver Committee and Organized crime
13 Nov 2020 Leave a comment
in economic history, economics of crime, law and economics, politics - USA Tags: law and order, organised crime
The election mess continues, but Biden and Harris remain the victors
12 Nov 2020 Leave a comment
It’s pretty clear by now that there was no widespread vote fraud in the election, as Trump keeps insisting, enabled by Mitch “666” McConnell and the silent Republicans who won’t speak up out of fear of Trump. The New York Timescalled election officials in all 50 states, asking them about voter fraud. The results won’t be appealing to Republicans:
The New York Times contacted the offices of the top election officials in every state on Monday and Tuesday to ask whether they suspected or had evidence of illegal voting. Officials in 45 states responded directly to The Times. For four of the remaining states, The Times spoke to other statewide officials or found public comments from secretaries of state; none reported any major voting issues.
Statewide officials in Texas did not respond to repeated inquiries. But a spokeswoman for the top elections official in Harris County, the largest…
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The humane prisons of Finland
12 Nov 2020 Leave a comment
I’ve maintained that becoming a determinist leads many people to promote criminal-justice and prison reform. This comes from realizing that people have no choice in their actions—including committing crimes—and so criminals should be treated as if they were broken machines to be fixed (if possible) rather than as “people who made the wrong choice.” Readers have responded that promoting prison reform can also come from non-deterministic world views, and that’s true. But I believe that “hard” determinism, not sullied by the semantic taints of compatibilism, leads more automatically and naturally to criminal justice reform.
Well, you might disagree, but that’s not important for today’s post. I think most of us will agree that American prisons are cruel, inhumane, and do a lousy job of rehabilitating prisoners. That’s largely, I suspect, because American prisons are directed more toward punishment than rehabilitation, and what you learn in prison is how to…
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Judge Dismisses Case Against Aussie Anti-Fracking Vandals
12 Nov 2020 Leave a comment
If this wasn’t so unbelievable this would be hilarious. ABC News reports two environmentalist campaigners with the group Protect Country Alliance named Lauren Mellor and Conrad Rory were accused of vandalizing Australia’s Northern Territory Parliament’s lawn during a protest their organization held last year. The hooligans were charged with using a bobcat to drill holes in the parliament’s lawn.
The judge stated that, while he agreed that the two hoodlums were guilty of vandalism, but dismissed the case. The judge decided the prosecution did not establish the NT Parliament owned the property in the first place and that the protest was unlikely to have any impact on the government’s decision.
No proof of the NT Parliament constructing, maintaining, or even having the grounds policed to establish some sort of common law ownership? This is how environmentalist and other Leftist hooligans continue their destructive activities when they’re enabled by legal…
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Catastrophe Denied: The Science of the Skeptics
12 Nov 2020 Leave a comment
in energy economics, environmental economics, global warming
Tollison on Smith and corporate governance
12 Nov 2020 Leave a comment
in Adam Smith, comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of regulation, history of economic thought, industrial organisation, law and economics, managerial economics, market efficiency, organisational economics, property rights, Public Choice, rentseeking, survivor principle, theory of the firm Tags: corporate governance

Rolls-Royce to create 6,000 UK jobs to build 16 mini nuclear power stations
11 Nov 2020 Leave a comment
SMR transporter
RR has also linked up with American and Czech nuclear firms with a view to developing the international market. Hard to see how the government can get anywhere near its ‘net zero’ electricity targets without this technology. They keep saying ‘build back better’ so here’s an obvious chance to do that, as existing UK nuclear is being retired.
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A consortium led by the engine maker is hoping to secure a further £217m of funding from the government for the project, says Sky News.
A group led by Rolls-Royce has pledged to create 6,000 regional UK jobs within the next five years under plans to build 16 mini nuclear power stations.
The consortium said the jobs would help support the government’s “levelling up” agenda, with up to 80% of the power station components set to be made in factories across the Midlands and the north…
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Hour of Power: $2 Billion Spent on Solar Panels to ‘Power’ State With Sunshine for 60 Minutes
11 Nov 2020 Leave a comment
South Australians cross their fingers & hope for power tomorrow…
In the wacko wonderland of South Australia, a brief burst of sunshine managed to ‘power’ the economic backwater for a staggering 60 minutes. SA is venerated as Australia’s Wind and Solar capital; and the renewables cult is heralding this, apparently, momentous event as their ‘Hour of Power’.
Their childish cheering, ignores the fact that – thanks to an obsession with heavily subsidised and chaotically intermittent wind and solar – South Australians suffer the world’s highest retail power prices, the ignominy of suffering the country’s only statewide blackout and – as a consequence of both – the rapid decline in mineral processing, manufacturing and other energy hungry businesses.
Those trumpeting 60 minutes of solar power as the future, might well consider the other 23 hours of the day and, particularly, that rather expansive period between sundown and sunup, when in South…
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