Friday Morning Ramble: The ‘Demeaning Power of PISA’ edition
Nick Smith hands over a further $31 million simply to “bring 500 houses to the market earlier.” That’s $62,000 taxpayers’ money per house to make them “affordable” for buyers. Call it the “Holden solution.” Because that worked so well for affordable cars.
Housing Minister announces further $31 mln to allow faster progress on 3000-house Auckland development – INTEREST.CO.NZ
"The Shape of Affordability in the Modern City" – NOT PC
Holden reveals billions in subsidies – ABC, April 2013
Holden delivers subsidy ultimatum – BUSINESS SPECTATOR
“The Constitutional Review Panel has delivered its final report to the Government and its main recommendation is that the "conversation" about New Zealand's constitutional arrangements continue.”
Support for republic weak: report – Audrey Young, NZ HERALD
Constitutional Recommendations – David Farrar, KIWIBLOG
ACT is in search of a new leader. The “liberal right” may also be in search of a new party. Eric Crampton has a theory.
Party time – Eric Crampton, OFFSETTING BEHAVIOUR
So, good news then.
Kiwi women drinking more heavily, more often – NEWSTALK ZB
Really? So where’s Quiet Earth then?
The best New Zealand movies ever made – NZ On Screen, STUFF
You really want government managing your stuff? Not even with PPPs. “People often lament the waste, corruption, and downright absurdities of government enterprises, wondering why they can’t be ‘run like a business.’ Yet economic theory shows that this is no mere accident.” Take the roads, for example…
Why Government Doesn't—and Can't—Manage Resources Like a Private Business – Robert Murphy, ECON LOG
“We have the best government that money can buy.”
– Mark Twain
Amazon Drone. Possible or not?
A Drone Delivery Expert Answers the Big Questions About Amazon's Plans – ATLANTIC
Amazon Promises Package Delivery By Drone: Is It for Real? - IEEE SPECTRUM
So there’s growth in one part of America, anyway.
Washington’s Battle of the Skyline – Ethan Epstein, CITY JOURNAL
This is what Cronyism looks like, Example #345,6768,956.
General Electric’s Crony Capitalism – Hunter Lewis, MISES DAILY
“One of the men that won the Nobel Prize for economics this year says that "bubbles look like this" … But you don't have to be a Nobel Prize winner to see what is happening. It should be glaringly apparent to anyone with half a brain.”
15 Signs That We Are Near The Peak Of An Absolutely Massive Stock Market Bubble – Michael Snyder, ECONOMIC COLLAPSE
It is ruinously difficult to start new industrial projects because of anti-industrial, “green” policies. So why do so few industrialists, and those who industry keeps alive, bother to speak up for themselves?
The Industrial Manifesto - Alex Epstein, CENTER FOR INDUSTRIAL PROGRESS
“Within a recent discussion of the superior ability of capitalism to improve the general welfare, John Stossel describes an amusing encounter…”
Altruism vs. Philanthropy – GUS VAN HORN
“A lot of people don’t think about the connection from liberty to experimentation to thriving, and default to expecting ‘the government’ to solve collective problems. In general, people pay too much attention to politics.”
“That—that—is what we are for: voluntary associations, in all their richness and bewildering complexity” – Lynne Kiesling, KNOWLEDGE PROBLEM
The genius cog in the system – STEPHEN HICKS
“Want to see: a Christmas episode where someone learns
the true meaning of Christmas episodes.”
- Jaime J. Weinman
Hayek on Keynes: “brilliant and creative, but ignorant of economics literature.”
Hayek on Keynes’s ignorance of economics – Steve Kates, CATALLAXY FILES
What’s the key function of banks? Money creation.
Fractional Reserve Banking: How to Create and Destroy Money – Matthew Kerkhoff, FINANCIAL SENSE
The Welfare State couldn’t live without it. But the Welfare State is a "new road to serfdom" from which escape will be increasingly difficult if we do not do all that we can to stop it.
The Menace and Immorality of the Welfare State – Richard Ebeling, EPIC TIMES
If wealth is being destroyed, how come we’re not seeing it?
Today’s wealth destruction is hidden by government debt – Philip Bagus, COBDEN CENTRE
You say you want a revolution? You first, says Simon Cowell.
Simon Cowell tells Russell Brand to give up his pay – NEWSTALK ZB
Challenge yourself this weekend…
Topics in Intellectual Property: The Computer and Biotech Revolutions (MP3 download) – Adam Mossoff, ARI E-STORE
Why Should Business Leaders Care about Intellectual Property?—Ayn Rand’s Radical Argument – Adam Mossoff,
From the creative minds of those who produced the Hayek v Keynes rap. Are you ready to Deck the Halls With Macro Follies? (“To help appreciate the video, here are a few bits of background to catch the full flavour of just how beautifully done it is.”
Great news. “The CDM is one of the only truly global carbon markets.” Bad news. “Each CDM was worth 20 euros in 2008. Now they are selling for 50c.” Tell Nick Smith.
UN $315 billion CDM carbon market comatose after Warsaw. It may last years – JO NOVA
You say we should embrace the theory of global warming because of scientific “consensus”? Then this could be awkward.
Scientists increasingly moving to global cooling consensus – Jack Minor, U.S. FINANCE POST
The U.S. Fish and Wildlife Service is about to destroy 6 tons of confiscated ivory. Upping the price for ivory, and incentivising ivory hunters to hunt for more. [I just said “incentivising.” Ouch!]
Does destroying ivory really save elephants? - Michael ‘t Sas-Rolfes, PERC
“Dear NASA, President Kennedy just wasn't that into you.”
JFK space race myth – AMERICAN ENTERPRISE INSTITUTE
Great buildings made some great movies, now commemorated in great poster art… [a point to the first reader to identify this house. No cheating now]
“Researchers say the average woman speaks 20,000 words a day, and the average man speaks 7,000.” I just pass on the news without comment.
The talkative sex – STEPHEN HICKS
Meanwhile, “the American English speech variant known as uptalk, or ‘Valley Girl speak’ – marked by a rise in pitch at the ends of sentences – is typically associated with young southern Californian females.” Until now. Thank you Frank Zappa.
'Valley girl speak' extending to males – SCIENCE DAILY
I’m starting to wonder now how mine looked when I was a kid. ( I did ask for a trumpet once, I recall.)
My Kid's Insane Christmas Wish List, Annotated – Drew Magary, DEADSPIN
If you’re anything like me, this will just the job for your Xmas stocking.
Introducing The Organic Architecture + Design Archives – PRAIRIE MOD
Don’t run. Life’s worth it. (Remember what happened to the world’s first marathon runner!)
Why You Should Think Twice About Running That Marathon: A Cardiologist Explains – Dr Joel Kahn, MIND BODY GREEN
What tattoos might look like if they were honest
If Tattoos Actually Told the Truth – CRACKED
How technology helps everybody. Example #1,657, 356.
Sign-Language Ring, Bracelet Translates Hand Movements Into Spoken Language – ECOUTERRE
No-one does snark like a music reviewer reviewing the book he was denied the invitation to write.
Cape Reinha with ice axes – William Dart, LANDFALL REVIEW
Like Irish yachting commentary…
There’s too much liking going on at Facebook. Let’s remedy that.
How To Find Out If Your Facebook Friends Hate You
More from the FFS Files.
NYC Health Commissioner Says E-Cigarettes Must Be Banned Because They Look Like the Real Thing – Jacob Sullum, HIT & RUN
Your cat recognises your voice. It just doesn’t give a shit.
Cats recognise their owners' voices but never evolved to care, says study – INDEPENDENT
Just in time for Christmas.
10 Always Entertaining Party Games – APARTMENT THERAPY
The law every student should learn.
Benford's Law And The Art of Succeeding in Multiple Choice Tests – M.I.T. TECHNOLOGY REVIEW
Nagging, insistent, and now stuck in my head. Thank you Messrs Shelley & Devoto.
Robert Fripp and Barry Andrews do disco.
Thanks for reading,
And have a great weekend!
See you tonight at One Man Bannister (and watch out for live blogging on Sunday of two bold new beers from a brash new craft brewery…)