Keeping up with the Bonapartes, Sino-German relations and Barbarossa news – WW2 – OOTF 018
09 Oct 2020 Leave a comment
in defence economics, laws of war, war and peace Tags: World War II
Kate Andrews | Feminism CAN Be Capitalist (4/6) | Oxford Union
08 Oct 2020 Leave a comment
in discrimination, economics of education, gender, human capital, labour supply, law and economics, occupational choice, poverty and inequality Tags: gender wage gap
Starting to read Schumpeter
08 Oct 2020 Leave a comment
I’ve started reading Schumpeter’s Capitalism, Socialism, and Democracy (1942).
Why? Because of the Big Tech anti-trust hearings. I’ve heard that:
(a) U.S. anti-trust policy is based on a theory of monopoly pricing which is not bearing out with todays Big Tech monopolies,
(b) possibly those monopolies are justified on the basis of Schumpeterian “creative destruction” competition, wherein one monopoly gets upended by another in sequence, rather than having many firms competing all at once on the market,
(c) one of the major shots taken at Amazon in the hearings is that it would acquire companies that it saw as a threat, indicating a strategic understanding of Schumpeterian competition on the part of e.g. Bezos, and also how one can maintain a monopolistic position despite that competition,
(d) this idea of capitalism and entrepreneurship seems both fundamentally correct, still somehow formally undertheorized, and tractable with some of the simulation…
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Judie Tzuke – Stay With Me Till Dawn (Live On Countdown 1980)
08 Oct 2020 Leave a comment
in Music, television
Doug Parkinson – the Sun Ain’t Gonna Shine Anymore live Countdown 1981
08 Oct 2020 Leave a comment
in Music, television
Glasses: A Brief History of Vision Correction
08 Oct 2020 Leave a comment
in economic history, health economics
Doudna and Charpentier win Chemistry Nobel for CRISPR/Cas9 method of gene editing
07 Oct 2020 Leave a comment
This year’s Nobel Prize in Chemistry was long anticipated, for the CRISPR/Cas9 system of gene editing was a tremendous accomplishment in biology and chemistry. It promises a lot, including curing human genetic disease (see the first five posts here). Remember, Nobel Prizes in science are designed to reward those who made discoveries potentially helping humanity, not those who just made general scientific advances.
A prize for developing the editing system was, then, almost inevitable. The only question was “who would get it?”, since several people contributed to the work that led to CRISPR/Cas9. It turns out that the Prize—in Chemistry—went to the two frontrunners, Jennifer Doudna of UC Berekeley and Emmanuelle Charpentier at the Max Planck Institute for Infection Biology in Berlin. Other serious contenders were George Church of Harvard, Virginijus Šikšnys at the Vilnius University of Biotechnology, Francisco Mojica of the University of Alicante, and Feng…
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Sweating It: Renewable Energy Crisis Means Australians Can’t Run Air-Conditioners During Heatwaves
07 Oct 2020 Leave a comment
Wind & solar ‘powered’ South Australians pioneered sweating in the dark.
Once upon a time Australians enjoyed reliable and affordable power, but that was before heavily subsidised and chaotically intermittent wind and solar entered the scene.
Over the last few summers, Australians have been treated to power rationing and load shedding, as well as the odd mass blackout. These events have an uncanny correlation with dead calm days/nights and sunset that coincides with bursts of warm weather and rising mercury.
Summer heatwaves are part and parcel of Australian life.
Over the last four or five decades, though, an increasing number of Australians have enjoyed the benefit of reverse cycle air-conditioning, warming homes in winter and taking the ferocity out of their often-blistering summers.
Now Australians are being told to turn off their air conditioners and/or to leave home and go back to work in order to keep the grid from…
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Wokeness explained
07 Oct 2020 Leave a comment
in economics of education, liberalism, libertarianism, Marxist economics Tags: political correctness, regressive left
We Must Question The COVID-19 Status Quo (w/Dr. Jay Bhattacharya)
07 Oct 2020 Leave a comment
in health economics, politics - Australia, politics - New Zealand, politics - USA Tags: economics of pandemics
America’s Largest Fire
07 Oct 2020 Leave a comment
This week is the anniversary of the Great Fire of 1910 that burned in Idaho and Montana and was nearly as large as all the fires in the US combined so far this year.
PHOTO CREDIT: Wallace, Idaho after the Big Blowup By National Photo Company – U.S. Library of Congress Prints &; Photographs Online Catalog, Public Domain, https://commons.wikimedia.org/w/index.php?curid=6989498
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