Johan Norberg vs. Naomi Klein and The Shock Doctrine
25 Nov 2016 Leave a comment
in applied price theory, development economics, economic history Tags: Naomi Klein, The Great Fact
@NaomiAKlein agrees with #MiltonFriedman on Mancur Olson’s theory of how nations escape institutional sclerosis
25 Oct 2015 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, income redistribution, Marxist economics, Milton Friedman, Public Choice, rentseeking, technological progress Tags: expressive voting, interest groups, Leftover Left, logic of collective action, Mancur Olson, Naomi Klein, pressure groups, rational ignorance, rational irrationality, rise and decline of nations, Twitter left
Source: quoted by Naomi Klein in “The Shock Doctrine”.
LA premiere tonight @NaomiAKlein @avilewis @mrdannyglover in person Q&A 7.30pm sundancecinemas.com http://t.co/wRkPFbnUHu—
Changes Everything (@thischanges) October 16, 2015
1. There will be no countries that attain symmetrical organization of all groups with a common interest and thereby attain optimal outcomes through comprehensive bargaining.
2. Stable societies with unchanged boundaries tend to accumulate more collusions and organizations for collective action over time.
3. Members of “small” groups have disproportionate organizational power for collective action, and this disproportion diminishes but does not disappear over time in stable societies.
4. On balance, special-interest organizations and collusions reduce efficiency and aggregate income in the societies in which they operate and make political life more divisive.
5. Encompassing organizations have some incentive to make the society in which they operate more prosperous, and an incentive to redistribute income to their members with as little excess burden as possible, and to cease such redistribution unless the amount redistributed is substantial in relation to the social cost of the redistribution.
6. Distributional coalitions make decisions more slowly than the individuals and firms of which they are comprised, tend to have crowded agendas and bargaining tables, and more often fix prices than quantities.
7. Distributional coalitions slow down a society’s capacity to adopt new technologies and to reallocate resources in response to changing conditions, and thereby to reduce the rate of economic growth.
8. Distributional coalitions, once big enough to succeed, are exclusive, and seek to limit the diversity of incomes and values of their membership.
9. The accumulation of distributional coalitions increases the complexity of regulation, the role of government, and the complexity of understandings, and changes the direction of social evolution.
Source: Obituary: Professor Mancur Olson | Obituaries | News | The Independent
RT @NaomiAKlein what’s changed since you left high school?
24 Oct 2015 Leave a comment
in development economics, economic history, growth miracles, Marxist economics Tags: Bill Easterly, Leftover Left, Naomi Klein, The Great Enrichment, The Great Escape, The Great Fact
.@worldbankdata allows us to see how our world has changed since 1985 #BackToTheFuture https://t.co/8t5DZDMFfz—
DFID Stats (@DFID_Stats) October 21, 2015
No matter how you measure it, the news on global poverty is great. From @EconBizFin http://t.co/qKM6suo4YO—
William Easterly (@bill_easterly) October 15, 2015
Special 5pm premiere screening in Los Angeles tonight Q&A with @avilewis & @NaomiAKlein sundancecinemas.com http://t.co/Oi4oeKoQHB—
Changes Everything (@thischanges) October 16, 2015
Naomi Klein versus The Great Fact
12 Jul 2015 Leave a comment
in comparative institutional analysis, development economics, economic history, growth disasters, growth miracles Tags: activists, do gooders, evidence-based policy, extreme poverty, global poverty, Naomi Klein, The Great Enrichment, The Great Fact
71% of the world live on less than $10 per day buff.ly/1D5kA3c http://t.co/GLCifBBOGP—
Business Insider (@businessinsider) July 11, 2015
Extreme poverty declined > 50% from 1.9 bil in '90 to 836 mil today: on.undp.org/Ppj00 #WPD2015 #MDGs http://t.co/vUDO5AYd4H—
UN Development (@UNDP) July 12, 2015
“It is entirely possible to rapidly switch our energy systems to 100 percent renewables” – Naomi Klein
09 Nov 2014 Leave a comment
in energy economics, environmental economics, environmentalism, global warming Tags: carbon free economy, energy economics, expressive voting, green rent seeking, Leftover Left, Naomi Klein, Quacks, renewable energy
Jacobson and Delucchi think we can replace all coal, oil, natural gas, and nuclear power by 2030 with wind, solar, and hydropower while fueling a fleet of electric cars.
How? By deploying 3.8 million 5-megawatt wind turbines, 5,350 100-megawatt geothermal plants, 500,000 1-megawatt tidal turbines, 720,000 0.75-megawatt wave power generators, 1.7 billion 3-kilowatt rooftop solar panels, 40,000 300-megawatt solar panel farms, and 49,000 300-megawatt concentrated solar power plants.
| Annual global investment target | Current global stock |
| 250,000 wind turbines | 225,000 wind turbines |
| 113 million rooftop solar panel systems | 11.3 million |
Delucchi and Jacobson estimate a price tag of about $100 trillion for their program.
That entails spending about $6.6 trillion per year from now until 2030, more than 11 percent of the entire world’s 2013 output of $75 trillion.
Naomi Klein cited Jacobson and Delucchi to support her proposition that 100% renewable energy systems is possible.
Utopia, you are standing in it! 
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