Deniers at large!
Giving the lie once more to the canard that ALL scientists (at least, all those not in the pay of Big Oil) share the IPCC orthodoxy, here is a very impressive review of the case for a solar...
View ArticleFood for Thought
The following thoughts on the current economic and financial environment formed part of a recent commentary sent to our firm’s clients. Users of the blog may find them of general interest. In the...
View ArticleFrom Bust to Boom
Seventy-odd years ago, Patrick Barrington penned a humorous debunking of Keynesian mythology (presumably while the General Theory was still being given its final polish). Today, at the tail end of one...
View ArticleContra the contrarians
A recent article suggested that the ‘doomsayers’ were wrong to argue that the US trade deficit was not sustainable since there was no evidence that it was not being used to increase the wealth of the...
View ArticleContra the contrarians II
NB we can perform a similar exercise for the 51st state, dear old Gulag UK, too Download file
View ArticleCredit crunch + Market Rout = Central bank intervention
The turmoil in financial markets is eliciting the usual response from the central bankers, all up there in their Hueys, ‘Die Walkuere’ blasting out of their beat boxes. But the fixation on the...
View ArticleMoral Hazard? Yes. Weimar? Not yet.
A little clarification of the confusion surrounding the recent massive central bank intervention in the markets might be in order. Yes, multi-billion cash injections have been taking place: no, this...
View ArticleABCT and ‘Bureaucracy’ in China
In their eagerness to keep the pot boiling somehow, somewhere, many finanical pundits are spinning the line that Emerging Markets now offer a form of ‘safe haven’ from the problems affecting Western...
View ArticleMalthus and Mein Kampf come to Cork
For those who like their environmental gloom’n'doom spread with a thick dollop of Utopian totalitarianism and garnished with a slice of Galtonian pseudo-science, the Association for the Study of Peak...
View ArticleGood diagnosis, but quack medicine
In testimony before the House Committee on Financial Services, Robert Kuttner of the American Prospect, delivered a searing Philippic on the topic of the current excesses. Like many from his part of...
View ArticleThe Whine of the Ancient Marriner
For a wholly unabashed defence of full-blown Collectivism, the speech reproduced under the title ‘Modern Governments Must’ in American Affairs takes some beating, incorporating, as it does, every...
View ArticleGG on Capital
Sorry to revisit the same topic so shortly, but in that same AA edition cited in my previous post, I simply cannot praise Garrett’s piece, entitled ‘Mythologies of Reconversion’, enough. This is not...
View ArticleCarbophobic socialism rules OK!
Unsurprisingly, the latest missive from the Doomsday cult of tax-exempt Phyllakes plays up the supposed horrors of ‘climate change’ for all it’s worth, before strongly recommending that we ‘Rich’...
View ArticleIMF explicit about carbosocialism
In a recent press briefing given by him and his colleagues, the Deputy MD of the mission-starved IMF was positively drooling over the prospect that the next round of Climate-camouflaged tax transfers...
View ArticleHeroic opposition to the Bali-hoo on AGW
With UN chief panjandrum Ban-ki (Barking at the) Moon threatening members of his audience with the prospect of ‘oblivion’ if they did not willingly place the noose of forced CO2 reductions around their...
View ArticleBetter stay in Bali, boys, it’s cold up here!
As Northern Hemisphere snow cover exceeds the 10-year seasonal average, another backlash against the Carbocollectivists’ claims of consensus has been compiled, featuring more than 400 scientists, not...
View Article2007 in song:The Ballad of Alpha, the Bull’s Bull, All Geared
With regards to the great Irish songwriter Percy French for his comic ditty (tune here) which originally concerned the conflict between the Tsar and the Ottomans – and familiar to all true rugby fans...
View ArticleBen Bernanke as Solon
With his latest, rather forlorn call for banks to help solve the mortgage crisis by ‘forgiving’ just enough of their loans to keep people’s inability to service their full contractual obligations from...
View ArticleCincinnatus redux?
The extraordinary powers which that champion of Corporativisimo, Hank Paulson, would like to arrogate to himself sparked the following comparison:- ‘Dictatorem(que) dici placeret qui rem perculsam...
View ArticleOveregging the Pudding
In his latest piece, Frank Shostak approvingly quoted Jeff Tucker’s earlier rhapsody as follows:- But as wonderful as the daily shifts and movements are, what really inspires are the massive acts of...
View Article
More Pages to Explore .....