

Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Nov 2020 Leave a comment

Another battering looms as electric cars are soon to be forced on many car buyers by legislation. Maybe agriculture will get some of its lost land back for food production.
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Hit by the coronavirus pandemic and a sharp drop in oil prices, biofuel demand has declined for the first time in two decades and may struggle to recover, according to experts.
“The collapse of oil prices has had a very negative impact on biofuels,” rendering them uncompetitive, Olivier Lemesle, director of studies at Xerfi, told AFP (via TechXplore.)
The production of biofuels for transport in 2020 is expected to decline 11.6 percent on 2019 levels, the first fall in 20 years, according to the International Energy Agency’s (IEA) annual report, published in early November.
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25 Nov 2020 Leave a comment
I, for the life of me, can not understand where Stephen Williamson is coming from in the recent posts he’s done claiming that Quantitative Easing is ineffective, and that the Fed is completely out of tools which it can use to boost the economy. Here are the points he made from his most recent post, entitled “Mark, Brad, and Ben“:
- Accommodative monetary policy causes inflation, but with a lag. I think Brad’s inflation forecast is on the low side, as maybe Ben does as well. The policy rate has been at essentially zero since fall 2008. Sooner or later (and maybe Ben is thinking sooner) we’re going to see the higher inflation in core measures.
- Maybe Ben is more worried about headline inflation (as I think he should be) than he lets on.
- Maybe in his press conference Ben did not want to spend his time explaining why…
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23 Nov 2020 Leave a comment

19 Nov 2020 Leave a comment

18 Nov 2020 Leave a comment
ESTRAGON: Nothing happens, nobody comes, nobody goes, it’s awful!
Beckett dashed off Waiting For Godot in just four months, October 1948 to January 1949. It was written in a break between the second novel of the Beckett Trilogy, Malone Dies (written November 1947 to May 1948) and the third and final instalment of the trilogy, The Unnamable, which Beckett laboured over from March 1949 to January 1950.
Godot was, therefore, written during the Berlin Airlift (June 1948 to September 1949) when many people thought Europe was on the brink of a Third World War, when nuclear apocalypse was on a lot of people’s minds.
All these books were first written in French, as was Waiting For Godot, whose original French title is En Attendant Godot.
Waiting For Godot was first produced at a tiny French theatre, the Théâtre de Babylone in Paris, starting in December 1952. It…
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17 Nov 2020 Leave a comment
The real climate refugees are those forced to abandoned their homes thanks to a grinding, pulsing cacophony of wind turbine generated low-frequency noise and infra-sound.
The climate catastrophists wail about millions being displaced by rising tides and chaotic weather. But it’s their obsession with chaotically intermittent wind power, that’s causing a real rural exodus.
The bucolic Dutch landscape – which thrives, notwithstanding that a third of it is below sea level – has been carpeted with these things over the last generation; homes have been encircled; entire villages surrounded. The families that occupy these, once peaceful abodes, are driven mad by wind turbine noise and, in far too many cases, they’re simply driven out of their homes, forever.
It’s a story which is as sad as it is familiar to rural communities, across the globe.
Victims are told by the ruthless and cynical that profit from the greatest scam on…
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