The wages of sin in the #COVID19 reallocation shock; how is the vice fund doing?

From https://www.bloomberg.com/quote/VICEX:US

USA Mutuals Vitium Global Fund seeks long-term growth of capital by investing in equity securities of companies that derive a significant portion of their revenues from a group of vice industries that includes the alcoholic beverages, defense/aerospace, gaming and tobacco industries. The Fund will concentrate at least 25% of its net assets in this group of four vice industries.

Productivity, and politicians who no longer care

Michael Reddell's avatarcroaking cassandra

I was reminded again the other day both how (absolutely) poor even advanced countries were not that long ago, but also how (relatively) rich New Zealand was. I was reading a fascinating book on Ireland’s (rather shameful) history in World War Two and stumbled across a snippet suggesting that “there were nearly 170000 licensed radio sets in Ireland on outbreak of war”, in a country of almost three million people. On digging around a bit, I found that in New Zealand, then with 1.6 million people, we’d had 317509 licensed radio sets in 1939 (then, apparently, third highest in the world per capita). The licence fees in the two countries appear to have been very similar.

The standard compilation of historical estimates of per capita GDP – that of Angus Maddison – is consistent with my radio anecdote. In 1938/39 GDP per capita in New Zealand was more than twice…

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September 19/20, 1486: Birth of Arthur, Prince of Wales.

liamfoley63's avatarEuropean Royal History

Arthur Tudor (September 19/20 1486 – April 2, 1502) was Prince of Wales, Earl of Chester and Duke of Cornwall. As the eldest son and heir apparent of Henry VII of England, Arthur was viewed by contemporaries as the great hope of the newly established House of Tudor. His mother, Elizabeth of York, was the daughter of Edward IV, and his birth cemented the union between the House of Tudor and the House of York.

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Henry VII became King of England upon defeating Richard III at the Battle of Bosworth Field in 1485. In an effort to strengthen the Tudor claim to the throne, Henry had royal genealogists trace his lineage back to the ancient British rulers and decided on naming his firstborn son after the legendary King Arthur.

On this occasion, Camelot was identified as present-day Winchester, and his wife, Elizabeth of York, was sent to Saint Swithun’s Priory (today…

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Transgenderism and the underground economy

Source: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.transequality.org/sites/default/files/docs/USTS-Full-Report-FINAL.PDF&ved=2ahUKEwj_vvKvu-3rAhUIbn0KHaZ2A0cQFjACegQIARAB&usg=AOvVaw0Oi7Ek4unYEupH_Pnr3p1K

How the Hoover Dam was built

What Scorsese’s ‘Silence’ Teaches Us About Filmmaking

Most saved or paid down debts with #COVID19 transfers; 15 percent mostly spent it

From https://bfi.uchicago.edu/working-paper/2020-109/

Brilliance squared

Espen's avatarApplied Abstractions

Stephen Fry and Steven Pinker are two of the people I admire the most, for their erudition, extreme levels and variety of learning, and willingness to discuss their ideas. Having them both on stage at the same time, one interviewing the other (on the subject of Pinker’s last book, Enlightenment Now), is almost too much, but here they are:

(I did, for some reason, receive an invitation to this event, and would have gone there despite timing and expense if at all possible, but it was oversubscribed before I could clink the link. So thank whomever for Youtube, I say. It can be used to spread enlightenment, too.)

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Gender Recognition Certificates

womangendercritical's avatar@STILLTish. Gender Abolition

As activists in the trans community work to remove the “onerous” burdens placed on the community to legally “transition” I became curious about  the legal cases in this area.  Far from excessive gatekeeping the act is explicitly designed to be “permissive”.  Has this permissiveness gone too far? It seems there is a low bar to be, legally, redefined as a woman. If you are not convinced have a scroll through my blogs.  If you don’t want to take my word for it, fine, I would not believe me either! In every piece I  link to the legal records.  You can bypass my commentary and go straight to the Transcript

In brief no surgery, attempted rape convictions, being incarcerated for paedophilia are no bar to claiming “womanhood”! Remember that when someone tells you they “live as a woman”.   Interrogate that phrase. Its ubiquitous and meaningless.  Can I, a white…

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Gallery

Ships Ahoy! Giant Diesel-Fuelled Ship Engines ‘Solution’ For Australia’s Renewable Energy Crisis

stopthesethings's avatarSTOP THESE THINGS

Wind and solar ‘powered’ South Australians already know the drill.

Australia’s obsession with chaotically intermittent wind and solar has left it with a power pricing and supply calamity. It’s a disaster that was as predictable, as it was avoidable.

To date, the Federal Liberal/National Coalition’s feeble attempts to resolve it provide a study in practised inertia, mixed with a series of pointless Band-Aid ‘solutions’.

Last week, the PM, Scott Morrison announced a raft of policy initiatives aimed at purportedly unlocking Australia’s gas reserves (locked up by recalcitrant State Premiers) and using that gas to fuel new power plants.

Terry McCrann takes a look at the causes and consequences of the PM’s latest energy policy debacle.

Power grab would leave us all in the dark
The Australian
Terry McCrann
18 September 2020

Chairman — sorry, premier — Dan might have to go and go right now as overlord of Victoria, the…

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Arrows and armour

Espen's avatarApplied Abstractions

B. H. Liddell Hart: History of the Second World War.

One of my enduring frustrations with books about WWII is poor mapping and relatively little focus on operational strategy. One reason for this, I have now found, is that Liddell Hart wrote the definitive book on the war in 1971, and every book since then either will have to concentrate on more details (such as Anthony Beevor’s books on Berlin and Stalingrad) or take a more “themed” approach (such as John Keegan’s WWII).

The book is cold-blooded and argumentative – with a focus on maneuver (nicely mapped) and evolving tactics. Liddell Hart spends more time on tank battles (in particular Rommel‘s campaigns in North Africa) than strictly necessary, and frequently introduces footnotes about his own role, pointing out how he had written critically about various weaknesses in British and US defenses long before anyone else. Then…

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#GreenNewDeal @Greens @NZGreens @AOC @BernieSanders

At the depths of the #COVID19 depression

Nuclear Weapons by Country 1945 – 2020

John McWhorter talks to Sam Harris

whyevolutionistrue's avatarWhy Evolution Is True

It’s supposed to be my day off, so I’ll save the braining for other days. But here’s a nice listen if you have an hour to spare.

If you click on the screenshot below, you’ll get to hear an hour and eleven minutes of linguist and writer John McWhorter chatting with Sam Harris on Harris’s podcast “Making Sense.”  McWhorter’s topic is, as the title indicates, “The New Religion of Anti-Racism,” which I believe is the subject of his next book. You don’t get to listen to the entire conversation (I’m not sure how long the whole thing is) unless you subscribe to Sam’s podcast series.

Here are Sam’s notes on the podcast:

In this episode of the podcast, Sam Harris speaks with John McWhorter about race, racism, and “anti-racism” in America.

They discuss:

    • how conceptions of racism have changed
    • the ubiquitous threat of being branded a “racist”
    • the contradictions within…

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