Posts by Tag

Economics

Why economists love auctions

2 minute read

Some background first: South Africa’s power market is utterly dominated by (a) coal and (b) Eskom, the parasitical parastatal monopoly. In a bid to encourage...

Obligatory comment on the 2013 Nobelists

1 minute read

Seeing as it is very de jour to comment on this sort of thing in the econ blogosphere, here is a quick personal take:I know that this year’s laureates have r...

Inflation-targeting, CPI measures and the poor

2 minute read

In a bid to get back to regular blogging, below is a comment that I’ve just left under a Daily Maverick column by Paul Berkowitz, entitled “Who benefits from...

Are there any four-minute miles in economics?

4 minute read

3:59.4Roger Bannister’s four laps of the Iffley Road Track on 6 May 1954 have been immortalised in the annals of sporting lore and human achievement. By beco...

Monetary regimes and economic outcomes

2 minute read

Eric Rauchway has a post over at Crooked Timber that’s generating a fair bit of interest, since it compares real economic growth and inflation for the “G7” c...

More on inflation, violence and identification

5 minute read

Chris has responded to my previous post, which he frames as a criticism of his research. I should state upfront that this does not strike me as entirely accu...

Review - Economics Evolving (Agnar Sandmo)

3 minute read

Following an email exchange with Dan Kuehn and Jon Catalán, I decided that it was finally time to write up a review for Agnar Sandmo’s “Economics Evolving” (...

Debt and utility come alive!

2 minute read

As promised, here is an interactive Excel spreadsheet showing how utility changes in a debt-financing scenario versus the laissez faire case. Read my previou...

The plot thickens in the debt debate

3 minute read

Since joining this debate, I have consistently argued that deficit financing is no less sustainable than taxation if economic growth is at least equal to the...

Even more debt and inheritance (and sales)

2 minute read

Bob Murphy and another commentator have left some interesting observations underneath my last post. They basically want to distinguish between straight-up be...

Debt and inheritance

2 minute read

UPDATE: Spotted an important typo in the text that I’ve now corrected for. I’ve also added a sentence or two to the paragraph before the Baker quote to hopef...

The problem with economic school-ism

3 minute read

Economists are a tribal bunch. The endless list of denominations, schools and sub-schools would be enough to make a Christian theologian blush.<div><...

Quick links (05/05/2012)

1 minute read

I’m about to go into a pre-exam blogging hibernation, but here are some links to keep you interested:1) Ed Dolan gives a nice overview of the economic issues...

Quote(s) of the Day - Marxism

less than 1 minute read

Just to prove my even-handedness on this issue of a priorism and empirical validation, here is the father of the falsification doctrine himself, Karl Popper,...

More on Malthus

less than 1 minute read

If you don’t wish to take my word on Malthus, here’s a snippet from Econlib’s excellent encyclopedia entry that I’ve just stumbled upon:<blockquote class=...

Don’t let be misunderstood: Malthus edition

6 minute read

Poor Thomas Malthus. Has there ever been a more maligned and misunderstood figure in the history of economics? With depressingly few exceptions, both his cri...

The language of science: Paleo edition

4 minute read

I've developed an armchair interest in the so-called "paleo" diet. Among other things, my curiosity was piqued when Tim Noakes — one of South Africa's ...

Cardinal sins

less than 1 minute read

The French statesman Charles Talleyrand famously lamented of the Bourbons: “They have learned nothing and forgotten nothing.“<table align="center" cellp...

Economics > Doing the right thing

less than 1 minute read

Drowning in university work here, so no time for any blog posts. In the meantime, read this article by Gernot Wagner, who has a new book out explaining why e...

Rhino horn! Homeopathy! Psychics!

6 minute read

A few weeks ago, the South African government announced that it was appointing a team to reconsider the ban on the trade in rhino horn. In short, the idea is...

Privileging theory over evidence

3 minute read

It’s late and my brain is in desperate need of sleep, but I’ve just read something very interesting on the Mises.org blog (via Twitter). In particular, Bob M...

Putting a price on nature (II)

6 minute read

Yesterday, I wrote a post in response to George Monbiot's recent column, "The true value of nature is not a number with a pound sign in front", which laments...

Putting a price on nature (I)

5 minute read

George Monbiot has produced another thought-provoking column this week. However, rather than take his fellow greens to task for their irrational and self-def...

A thought on supply-side micro

3 minute read

The Financial Times ran a story yesterday about Britain and Switzerland closing in on a deal regarding the taxation of the undeclared assets of wealthy indiv...

Links - Market Design edition

4 minute read

Regular readers[*] will know that a favourite theme of this blog is thinking about how — and where — markets function “optimally”, versus cases where some fo...

It’s official…

1 minute read

You may have noticed that things have been a bit slow around the Corral lately. Primary reason being that I have been involved in numerous applications and i...

Action Axiom: Rothbard contra Mises/Kant

2 minute read

Okay, last thing I’m going to post on the action axiom for a while, but a friend (of unabashed anarcho-capitalist persuasions) emails me:<blockquote>Yo...

Links - Anti-polemic edition

4 minute read

It’s something of a point of pride that I don’t wish this blog to descend into a polemic. In that spirit, here are several links to some interesting articles...

George Selgin on the Action Axiom

4 minute read

Plus my reply.I was pleasantly surprised to see George Selgin leave a comment underneath my previous post concerning Mises’s action axiom. In case you missed...

Mises’s action “axiom” or false dichotomy?

4 minute read

I’ve been watching the recent libertarian conundrum - concerning the morality of using taxes to prevent a killer asteroid from wiping out humanity - with gre...

Two quick links - Krugman edition

1 minute read

Paul Krugman is the ultimate polarising force. People either love him or loathe him. I suppose that’s what comes with the territory when you are, arguably, t...

Exploitation and Industrialisation

3 minute read

In the comments thread of the Meat and Veg(etarianism) post, I drew a parallel between the ethical treatment of animals and the banning of child labour. That...

Physics Envy (again)

3 minute read

Seeing as I've covered the topic a few times already, here is an interesting - and surprisingly amusing - presentation by Andrew Lo of MIT, based o...

The Nobel Prize Winners in Economics for 2010

1 minute read

And, yes, I know that it’s not really the correct thing to call it:Straight from the horse’s mouth:<blockquote>The Sveriges Riksbank Prize in Economic ...

Why we need maths in economics

5 minute read

Secondary subject line: Why words and intuition aren’t always good enough. A lot has been written about the use of mathematics in economics. Much of it nega...

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Music

More good music for your listening pleasure

2 minute read

It occurs to me that I haven’t mentioned my Noondaytune contributions in ages. Without further ado and including some snippets from my rather lyrical write-u...

Asimbonanga (Mandela)

less than 1 minute read

Asimbonanga (We have not seen him) Asimbonang' uMandela thina (We have not seen Mandela) Laph'ekhona (In the place where he is) Laph'ehleli khona (In the...

TEDxBergen

2 minute read

I mentioned the other day that I acted as moderator for the recent TEDxBergen conference. Videos of the various talks have now been posted online, but here a...

July playlist

less than 1 minute read

My fellow Noondaytune.com contributors have outdone themselves with some very cool song choices during the month of July. I say this with some authority as i...

Music updates

less than 1 minute read

My latest contributions to Noondaytune are a mix of classic rock and Nordic lo-fi (complete with a youth choir). Something for everyone!1) Crosby, Stills, Na...

Happenings

2 minute read

Given the inadvertent success of my previous post, I’ve decided to take the philosophical route for this next one: My fifteen minutes of quasi-blogosphere fa...

Recent Noonday Tune contributions

less than 1 minute read

“Junk Bond Trader” — Elliott Smith“Love Spreads” — The Stone Roses(Worth clicking through for the descriptions alone!)

Noonday Tune

less than 1 minute read

I get quite a bit of flack from (non-economist) friends and family whenever this blog goes too long without a music intermission... or some other distraction...

Backyard (royal) skulls

1 minute read

People seem to be pretty excited by the discovery of Richard III’s skeleton underneath a Leicestershire car park. I suppose this would be quite interesting i...

Quick links (05/05/2012)

1 minute read

I’m about to go into a pre-exam blogging hibernation, but here are some links to keep you interested:1) Ed Dolan gives a nice overview of the economic issues...

Happy St Paddy’s

1 minute read

I hope my Irish forebears would approve.<iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/FLsMvGCFtOU" width="420"...

Cover Thursdays - James Morrison edition

1 minute read

When James Morrison first came on to the scene, I was distinctly of the “meh” opinion. His debut album Undiscovered was everywhere I looked and, for the life...

Kings of Convenience - Me in You

less than 1 minute read

If for no other reason than my apartment gets some camera time.[]Some very mellow Sunday night listening with suitably serene Scandinavian scenes.<iframe ...

The Meters - Ain’t No use

less than 1 minute read

Because it’s Sunday and you deserve it. <iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/mc8g41fB28k" width="420"...

Cover Thursdays - Ni’ Zilund edition

less than 1 minute read

In search for a unifying theme for this week’s Cover Thursdays post, I suppose that I can do no better than tip my hat to the Rugby World Cup in New Zealand....

Cover Thursdays - Poncey Dylan edition

1 minute read

Guest post.My mate, Poncey notes my calls for help RE this whole blogging thing and a lack of sufficient posting time. I would also let the record state that...

Cover Thursdays - Instrumetalist edition

less than 1 minute read

And, yes, I did mean to spell it that way.Just got some time to squeeze this in before a self-imposed deadline… I feel it’s high time we had something a litt...

Cover Thursdays - 90s throwback edition

less than 1 minute read

Super quick post as I’m off to catch a plane shortly, but here’s a little something to take you back a decade or so:1) The awesome Karen O leads her Yeah Yea...

Red House Painters - Have You Forgotten

less than 1 minute read

Talking about the Vanilla Sky soundtrack, here’s a great example of a “nearly perfect” song. I’m not sure where the problem lies exactly, but it’s just missi...

Cover Thursdays - Stripped Down edition

1 minute read

Coming attcha live from the beautiful Lake District in Cumbria, where I am soon to be attending a wedding, here’s a little something to whet your appetite be...

Hiatus and Happenings

3 minute read

I’ve been receiving abuse from various quarters lately for the lack of posting on this site. My apologies, but I’d sworn of any real computer activity for ...

Cover Thursdays - Poncey Special edition

1 minute read

I’m in a world of thesis pain at the moment. My hand-in is just around the corner and I’m frantically making some revisions based on the last set of my super...

Cover Thursdays - Justin Vernon edition

1 minute read

Coming at ya live outta southern Denmark[*], a (very) quick Cover Thurdays edition to keep you interested.Most of you probably know Justin Vernon as the brai...

Cover Thursdays - Leonard Cohen edition

4 minute read

[NOTE: This post did originally appear on a Thursday (May 12, to be exact), but has since been “moved” following the blogger spaz out over the weekend. Just ...

The awesomeness of Frightened Rabbit

1 minute read

Commentator Dave asks a question on this post; what album would I consider worthy of the title “2008 Album of the Year”? (See the post for date context.)<...

Cover Thursdays - TV on the Radio edition

1 minute read

I was giving the new TV on the Radio album, Nine Type of Light, a listen/watch yesterday. I like the ambition of the concept…<blockquote>Nine Types of ...

Cover Thursdays - Gaslight Anthem

less than 1 minute read

The only logical step after last week’s Springsteen edition is these fellas. (Well, logic and the fact that I’m still alarmingly short on time just before th...

Cover Thursdays - The Boss edition

2 minute read

So, a few months ago the internets were alight about Jimmy Fallon’s Neil Young impression… And I have to say, it’s pretty damn good. Spookily spot on and fun...

Cover Thursdays - Plumpish and awesome edition

1 minute read

My mate Nic used to run a regular segment over at his blog called “Cover Thursdays”. He’s since put his musings on the back burner a bit, but I really like w...

Guess who has tickets to watch The National?

less than 1 minute read

That would be me.Campo Pequeno, Lisbon. May 24.<iframe allowfullscreen="" frameborder="0" height="349" src="http://www.youtube.com/embed/JUhpzyun8SE" titl...

Aphorism of the Day - Harmonicas

less than 1 minute read

A harmonica solo will improve a song's awesomeness by approximately 15%. Stick a Hammond B-3 in there and it'll boost you to 20%.[*] That is from l’il old me...

Junk Bond Trader

1 minute read

I’m a little short on time to post anything substantial, but I figure a music post is overdue anyway. And so, with the news that Bernie Madoff has claimed th...

Leaving Europe in a few hours

less than 1 minute read

The taxi arrives in three and a half hours to be precise... And it's just gone midnight now, so you can guess how I'm going to be feeling after the 16-odd ho...

Merry Engerland

1 minute read

Exams all done and dusted :) Went reasonably well. Some time issues for two of them, but that's nothing uncommon for me to be honest... Anyway, just a quic...

In honour of my Austrian visitors

1 minute read

So it seems that my “Why we need maths in economics” post was picked up by someone in the Mises.org community… Who, in turn, may have first read about it on ...

Quote of the day

less than 1 minute read

Well, more chirp of the day, but let's not split hairs here. So sharp...NMTB hasn't been quite the same since Simon Amstell left as regular host, but still a...

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Climate Change

China to reduce coal consumption?

1 minute read

I’ve tried to emphasise the importance of relative concepts many times on this blog. However, there are occasions when relative measures can also be more tha...

Advocacy and climate research

1 minute read

The latest furore to erupt in the climate blogosphere concerns whether climate scientists undermine their credibility by engaging in advocacy? (For some resp...

New writing gig - The Energy Collective

1 minute read

Some exciting news for yours truly is that I’ll be writing a series of articles for the excellent energy and climate website, The Energy Collective, as part ...

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

Gas booms and carbon leakage

1 minute read

Following what I hope is my last written exam ever earlier this month, I must apologise for the sporadic posting of late. You see, I’ve also made my way home...

Murphy vs Nordhaus vs Me summarized

1 minute read

It might be difficult to keep track of things in my previous post, because the lengthy discussion involves numerous claims and counterclaims. With the aim in...

Nope, Nordhaus is still (mostly) right

12 minute read

[NB: See the UPDATE at the bottom of this post.]Following our previous tête-à-tête on the Heartland Affair, here’s a response to Bob Murphy’s latest post on ...

Bob Murphy on Heartland and Gleick

4 minute read

Bob Murphy is probably the one “Austrian” school blogger that I make a sincere effort to follow. I don’t agree with everything — or even most — of what he wr...

Climate mitigation as a secondary benefit

3 minute read

But keep it quiet.I spent some time last week with the Dutch economist, Johannes Bollen, who was visiting my university to present his research on the “co-be...

Science and distortion

less than 1 minute read

Below is a video of the late climate scientist, Stephen Schneider. Please watch it and tell me that scientists are the ones trying to polarize this debate an...

Economics > Doing the right thing

less than 1 minute read

Drowning in university work here, so no time for any blog posts. In the meantime, read this article by Gernot Wagner, who has a new book out explaining why e...

Climate change & the balance of probabilities

5 minute read

Freeman leaves a comment under an older post, regarding my statement that “[…]there are uncertainties in climate science - as any climate scientist worth his...

Avoiding hypocrisy on the big issues

10 minute read

Think of an important environmental issue. Now imagine that there is a large body of scientific research, underpinned by peer-reviewed literature, which has ...

Links - Market Design edition

4 minute read

Regular readers[*] will know that a favourite theme of this blog is thinking about how — and where — markets function “optimally”, versus cases where some fo...

Hippie Baptists and Libertarian Bootleggers

5 minute read

Like, take it easy, Man. Disclaimer: I’ve conflated a lot of libertarianism/Austrianism in post. This was partly for simplicity, but also because I’m recalli...

Links - Anti-polemic edition

4 minute read

It’s something of a point of pride that I don’t wish this blog to descend into a polemic. In that spirit, here are several links to some interesting articles...

Two quick links - Krugman edition

1 minute read

Paul Krugman is the ultimate polarising force. People either love him or loathe him. I suppose that’s what comes with the territory when you are, arguably, t...

Food prices and climate change (gasp!)

4 minute read

Secondary subject line: The relative prices argument for strong action against climate change. Paul Krugman must have been feeling more provocative than usu...

2010 ties for hottest year on record

less than 1 minute read

There or thereabouts. Just saying. PS - As for the floods in Australia, Brazil and elsewhere... I believe that those are the result of La Niña. I fin...

America is in good hands…

less than 1 minute read

The Colbert ReportMon - Thurs 11:30pm / 10:30cChair Apparentwww.colbertnation.com</embed>Colbert Report Full Episodes2010 ElectionMarch to Keep Fear Al...

Experts, democracy and public opinion

6 minute read

Consider this a follow-up, of sorts, to my Facts vs Beliefs post...Going over what I had written there and then partaking in the comments section, ...

Facts vs Beliefs

4 minute read

I should really be studying... but my attention has been drawn to several articles and interviews over the last few weeks that coincide with a recurring them...

Carbon Price vs Technology (R&D) Initiatives

2 minute read

This coming in a few days late, but Rob Stavins continues with his series of excellent posts on environmental economics and policy instruments. In his most r...

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Energy

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

China to reduce coal consumption?

1 minute read

I’ve tried to emphasise the importance of relative concepts many times on this blog. However, there are occasions when relative measures can also be more tha...

Happenings

2 minute read

Given the inadvertent success of my previous post, I’ve decided to take the philosophical route for this next one: My fifteen minutes of quasi-blogosphere fa...

Video - Fracking chat with David Zetland

less than 1 minute read

I had a long video chat with David Zetland yesterday, where we discussed fracking, water pollution, property rights and a bunch of related issues. David’s ta...

Fracking and water pollution

1 minute read

My new article for The Energy Collective is up: Hydraulic Fracking and Water Pollution.There’s much debate about whether shale gas “fracking” (i.e. hydraulic...

New writing gig - The Energy Collective

1 minute read

Some exciting news for yours truly is that I’ll be writing a series of articles for the excellent energy and climate website, The Energy Collective, as part ...

Chavez, Thatcher and the oil that binds them

less than 1 minute read

Daniel Yergin (one of the world’s foremost energy experts) tweeted yesterday: “Too soon to say what Hugo Chavez’ death means for oil prices but it is certain...

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

Gas booms and carbon leakage

1 minute read

Following what I hope is my last written exam ever earlier this month, I must apologise for the sporadic posting of late. You see, I’ve also made my way home...

Coffee drinkers and energy subsidies

less than 1 minute read

Busy times over here with term papers due, TA work and finishing up some revisions for my current working paper. (Referee comments were pretty favourable, so...

Quick links (05/05/2012)

1 minute read

I’m about to go into a pre-exam blogging hibernation, but here are some links to keep you interested:1) Ed Dolan gives a nice overview of the economic issues...

Earth Hour: Sending the right message?

1 minute read

In the build up to this year’s Earth Hour, humourless critics were once again up in arms about the fact that turning off the lights for one hour would have a...

Low-cost lighting from used plastic bottles

less than 1 minute read

As a general rule, bottled water is not particularly good for the environment. If I were the judgmental type, I might even chime in that buying bottled water...

First journal submission

less than 1 minute read

In other news…I finally submitted my (co-authored) paper to a journal yesterday.<div style="text-align: center;">Title: </div><div style="text...

Quick links - History Repeats Itself edition

2 minute read

Some things that I’ve been meaning to write about, but short on time[*]…1) A heavily fancied South Africa bombs out during the knock-out stages of the Cricke...

What’s wrong with this paragraph?

less than 1 minute read

From The Economist:<blockquote>Of the nuclear plants that provide about a third of Japan’s electricity (see chart), Fukushima Dai-ichi is not the first...

Nuclear and Water

4 minute read

I’ve been drowning in work and other stuff lately, so no blog posts. Like everyone else though, I’ve been watching the unfolding tragedy in Japan and just ho...

Quick links - Saudi Arabia edition

3 minute read

Two interesting takes on Saudi oil production amidst all this trouble in North Africa and the current oil price spike.1) Interfluidity ponders what the priva...

Links - Anti-polemic edition

4 minute read

It’s something of a point of pride that I don’t wish this blog to descend into a polemic. In that spirit, here are several links to some interesting articles...

The “call on OPEC”

3 minute read

Reading through some of those Wikileaks’ cables from last week on how Saudi Arabia has been… uh… massaging the true extent of their remaining oil reserves, I...

Wikileaks: Saudis overstating oil reserves

1 minute read

… Apparently by as much as 40%.Heavy days.I’ve yet to read through the actual cables, but The Guardian’s summary doesn’t paint the prettiest picture:<bloc...

America is in good hands…

less than 1 minute read

The Colbert ReportMon - Thurs 11:30pm / 10:30cChair Apparentwww.colbertnation.com</embed>Colbert Report Full Episodes2010 ElectionMarch to Keep Fear Al...

Solar thermal and water use in California

2 minute read

Having discussed some similar implications for the grandiose solar plans in South Africa, here's a snippet from an interview with Bright Source Energy CEO, J...

SA planning world’s biggest solar park

2 minute read

Very interesting: South Africa is to unveil plans this week for what it claims will be the world's biggest solar power plant – a radical step in a coal-depen...

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Blogging

Happenings

2 minute read

Given the inadvertent success of my previous post, I’ve decided to take the philosophical route for this next one: My fifteen minutes of quasi-blogosphere fa...

Econ blogosphere comment form

1 minute read

There is no cake-stagnation by Tyler Cowen  Here. Paul Krugman writes about the virtues of black forest cake versus regular vanilla sponge. While ...

Milestones

less than 1 minute read

Just clocked up our 30,000th pageview here at The Corral.<div></div><div>I feel that this a pretty respectable return for a (very) part-t...

Am I being unreasonable?

less than 1 minute read

See the back-and-forth here.Generally, I try to be as civil as possible when it comes to internet debates. (Often is the time that I’ve rewritten a response ...

New writing gig - The Energy Collective

1 minute read

Some exciting news for yours truly is that I’ll be writing a series of articles for the excellent energy and climate website, The Energy Collective, as part ...

A note on the Vegter review

1 minute read

I’ve been pleasantly surprised by how popular my review of Ivo Vegter’s “Extreme Environment” has proven. I initially thought that only a handful of people w...

Back in business

1 minute read

Having said goodbye to family and friends after a wonderful holiday in South Africa, and then endured a 20-plus hour trip (two transit stops) back to Norway ...

Review: Surviving Progress

1 minute read

Apologies for the lack of posting recently. Aside from research stuff, most of my "internet" time has been spent working on the RECONOMICS HUB.[*] We have no...

Climate, economy and ladies

1 minute read

As a postscript to the previous entry, here’s a quick story about a newspaper interview that I had last week. It was with one of the major broadsheets of the...

Starting a new blog…

2 minute read

A group of us at my university have decided to start a blog dedicated to tackling environmental issues from an economic perspective. Things are still very mu...

Hibernation

less than 1 minute read

You may have noticed that blogging activity around these parts has taken a marked turn for the worse lately. My life has turned into one soul-sapping assignm...

Housekeeping

less than 1 minute read

Some of you may have noticed that I’ve changed the previous post — on Invisible Children and James Inhofe — around a bit since it was first published. I wrot...

Happy birthday to Stickman’s Corral!

4 minute read

Well, a day late… but that can probably only be described as fitting.Of course, recent postings have taken a severe backseat, as you might have observed. To ...

Service, interrupted

1 minute read

You may have noticed that blogging’s been a bit slow around these parts, lately. Please accept my apologies, but it’s a hard thing to rectify given my curren...

Hiatus and Happenings

3 minute read

I’ve been receiving abuse from various quarters lately for the lack of posting on this site. My apologies, but I’d sworn of any real computer activity for ...

Cover Thursdays - Poncey Special edition

1 minute read

I’m in a world of thesis pain at the moment. My hand-in is just around the corner and I’m frantically making some revisions based on the last set of my super...

The back burner

less than 1 minute read

That special time of the year has arrived, when I’ll be foregoing the pleasures of summer and reaping the rewards of procrastination. Yup, it’s exam time for...

More of this please…

1 minute read

Steven Landsburg writes:<blockquote>When something is wrong on the Internet, bloggers love to pounce. But since no blogger is infallible, most of us ca...

What’s in a (psuedo) name?

4 minute read

Let me explain something to you. Um, I am not "Mr. Lebowski". You're Mr. Lebowski. I'm the Dude. So that's what you call me. You know, that or, uh, His Duden...

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Humour

I was Ayn Rand’s lover

less than 1 minute read

Posted this on twitter a few minutes ago, but I’ve just stumbled on the best piece of satirical writing that I have read in ages: I was Ayn Rand’s lover by G...

Too good not to share

3 minute read

File this under the "Unintended hilarity" section.  Via Ryan Coetzee, I see that South Africa’s beloved Minister of Sport and Recreation, Mr Fikile Apri...

Why do we pay tax on plastic bags?

less than 1 minute read

Because here’s why:<iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/xPphi3YES80" width="560"></iframe>Fo...

Homeopathic A&E

less than 1 minute read

Following Monday’s post, which touched on the murky world of alternative medicine… South African comedian, Warren Robertson links to a brilliant Mitchell and...

Finally…

less than 1 minute read

The academic paper that you’ve been waiting for! Zombie guru, George A. Romero, teams up with Columbia statistician, Andrew Gelman, as they seek to answer th...

Cover Thursdays - Instrumetalist edition

less than 1 minute read

And, yes, I did mean to spell it that way.Just got some time to squeeze this in before a self-imposed deadline… I feel it’s high time we had something a litt...

“To the Moulin Rouge Dancers!”

less than 1 minute read

That little beauty of a subject line is the title of an email that I received today. The message itself reads:<blockquote>Dear [XXX]You all were FANTAS...

Quick links - History Repeats Itself edition

2 minute read

Some things that I’ve been meaning to write about, but short on time[*]…1) A heavily fancied South Africa bombs out during the knock-out stages of the Cricke...

The Castle: “It’s the vibe”

less than 1 minute read

Yesterday, I mentioned The Castle. If you haven’t seen this Aussie comedy gem yet, I advise you rectify the situation ASAP. Your life will be better for it.&...

xkcd - Beliefs

less than 1 minute read

Can’t believe I missed this one…HT: Lou Grinzo

Fancy a cruise?

less than 1 minute read

This gets better and better…<div><div style="text-align: justify;"></div></div><div></div><div><div style="text-...

Movember

1 minute read

Anyone out there doing Movember? Movember (the month formerly known as November) is a month long moustache growing charity event held each year to help raise...

Quote of the day - Fish

less than 1 minute read

Speaking of life in the oceans…<blockquote>“Sharks are just evil bastards. I’m quite happy if all the sharks just went, because they eat fish and us… A...

Quote of the day

less than 1 minute read

Well, more chirp of the day, but let's not split hairs here. So sharp...NMTB hasn't been quite the same since Simon Amstell left as regular host, but still a...

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Quote of the Day

Quote of the Day - Madiba

1 minute read

I was seven years old, and on the day before I was to begin, my father took me aside and told me that I must be dressed properly for school. Until that time,...

Quote of the Day - Privacy

less than 1 minute read

"At a moment of austerity and with a general sense that our state's ability to guarantee prosperity for its citizens is in retreat, that same state is about ...

Quote of the Week - Schadenfreude

less than 1 minute read

"[T]he British are the only people who indulge in schadenfreude – pleasure derived from another’s misery – about themselves." An oldie, admittedly, but nicel...

Quote of the day - Occam’s Razor

less than 1 minute read

Finally, in some areas at least, Nature seems to show an inexplicable simplicity. This is a brute fact, more or less of a bonus, which if it had not existed ...

The sardonic Adam Smith

less than 1 minute read

In reality high profits tend much more to raise the price of work than high wages. [...]In raising the price of commodities the rise of wages operates in the...

Quote of the day - Rebellion

less than 1 minute read

After the previous post, I’m afraid it’s unavoidable:<div style="text-align: center;">“If they give you ruled paper, write the other way.”</div>&...

Quote of the day - Let it stand

less than 1 minute read

This one comes via my friend and rival literatus</i>, Bloomsboy[*]. It concerns James Joyce’s relationship with protégé and Waiting for Godot playwrigh...

Quote of the day - A priori reasoning

less than 1 minute read

"The a priori reasoning is so entirely satisfactory to me that if the facts won't fit in, why so much the worse for the facts." - Erasmus Darwin, writing to ...

Quote of the day - Consensus

less than 1 minute read

Reading through the comments on a YouTube video is normally enough to make you despair for humanity. Every now and again, however, you come across some gold....

Quote of the day - Terrorism

less than 1 minute read

"You don't protect civilization by dismantling its civilizing achievements."  - Tom Arnold, former member of the British Parliament.

Aphorism of the Day - Harmonicas

less than 1 minute read

A harmonica solo will improve a song's awesomeness by approximately 15%. Stick a Hammond B-3 in there and it'll boost you to 20%.[*] That is from l’il old me...

Chirp of the Day - Australia

1 minute read

A Norwegian friend of mine was telling me about the first time he ever traveled outside of Europe, which happened to be a gap-year stint in Australia after...

Quote of the Day - Idiots

less than 1 minute read

"Never argue with an idiot. He'll drag you down to his level and beat you with experience." Not sure of the original source, but spotted this pithy little pi...

Quote of the day - Fish

less than 1 minute read

Speaking of life in the oceans…<blockquote>“Sharks are just evil bastards. I’m quite happy if all the sharks just went, because they eat fish and us… A...

Quote of the day

less than 1 minute read

Well, more chirp of the day, but let's not split hairs here. So sharp...NMTB hasn't been quite the same since Simon Amstell left as regular host, but still a...

Quote of the day - Experts

less than 1 minute read

An expert is one who knows more and more about less and less. - Nicholas Butler Take THAT Adam Smith! Mild sarcasm font over, there are obviously produ...

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Facepalm

Bad science: Paleo diet edition

4 minute read

A while ago, I wrote a post praising the scientific approach that advocates of the paleo diet</a> appeared to be adopting in arguing their case. In par...

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

Unintended consequences

3 minute read

During the last year, South Africa has been in the throes of violent upheaval in the mining industry. Most prominently the “Marikana massacre”, which receive...

Climate, economy and ladies

1 minute read

As a postscript to the previous entry, here’s a quick story about a newspaper interview that I had last week. It was with one of the major broadsheets of the...

Slogans for Heartland

1 minute read

Given my previous discussion of the Heartland Institute and climate change, I feel to compelled to comment on this latest development. From The Guardian:<...

The real reason to be wary of Kony 2012

1 minute read

With the internet abuzz about Invisible Children’s “Kony 2012” viral campaign, it was predictable that there would be some blow-back from critics. The most c...

Irony

2 minute read

From the Wikipedia page on Agricultural Policy:<blockquote class="tr_bq">Some argue that nations have an interest in assuring there is sufficient domes...

Homeopathic A&E

less than 1 minute read

Following Monday’s post, which touched on the murky world of alternative medicine… South African comedian, Warren Robertson links to a brilliant Mitchell and...

Quick links - History Repeats Itself edition

2 minute read

Some things that I’ve been meaning to write about, but short on time[*]…1) A heavily fancied South Africa bombs out during the knock-out stages of the Cricke...

Dumb regulation

2 minute read

As should be clear from some of my previous posts, I think that some areas of our economy are in need of regulation; others distinctly less so. Her...

America is in good hands…

less than 1 minute read

The Colbert ReportMon - Thurs 11:30pm / 10:30cChair Apparentwww.colbertnation.com</embed>Colbert Report Full Episodes2010 ElectionMarch to Keep Fear Al...

Facts vs Beliefs

4 minute read

I should really be studying... but my attention has been drawn to several articles and interviews over the last few weeks that coincide with a recurring them...

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Environment

Happenings

2 minute read

Given the inadvertent success of my previous post, I’ve decided to take the philosophical route for this next one: My fifteen minutes of quasi-blogosphere fa...

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

Review: Surviving Progress

1 minute read

Apologies for the lack of posting recently. Aside from research stuff, most of my "internet" time has been spent working on the RECONOMICS HUB.[*] We have no...

Quick links (05/05/2012)

1 minute read

I’m about to go into a pre-exam blogging hibernation, but here are some links to keep you interested:1) Ed Dolan gives a nice overview of the economic issues...

Earth Hour: Sending the right message?

1 minute read

In the build up to this year’s Earth Hour, humourless critics were once again up in arms about the fact that turning off the lights for one hour would have a...

Climate mitigation as a secondary benefit

3 minute read

But keep it quiet.I spent some time last week with the Dutch economist, Johannes Bollen, who was visiting my university to present his research on the “co-be...

A very interesting paper…

1 minute read

From the latest American Economic Review:<div style="text-align: center;">Environmental Accounting for Pollution in the United States Economy</div&g...

Easter Island - History revisi(onis)ted?

2 minute read

I’ve just handed in a fat micro assignment and thus finally seen the back of a hellish two weeks. Twelve-hour days (plus) have become the new norm… and the...

Reconciling capitalism and environmentalism

4 minute read

Alternative subject line: Saving environmentalism from the environmentalistsMy attention has been brought to a new book by the British environmentalist and a...

Putting a price on nature (II)

6 minute read

Yesterday, I wrote a post in response to George Monbiot's recent column, "The true value of nature is not a number with a pound sign in front", which laments...

Putting a price on nature (I)

5 minute read

George Monbiot has produced another thought-provoking column this week. However, rather than take his fellow greens to task for their irrational and self-def...

Avoiding hypocrisy on the big issues

10 minute read

Think of an important environmental issue. Now imagine that there is a large body of scientific research, underpinned by peer-reviewed literature, which has ...

Tort law is no panacea for the environment

9 minute read

Looking over the comments section of an old post, I realised that I had yet to make good on a promise to “flesh out my scepticism regarding the ability of to...

“Our climate isn’t the only green concern”

3 minute read

UPDATE: The forest sell-off has been shelved following a massive public outcry.That’s the title of a short article by Michael McCarthy, the environmental edi...

Food prices and climate change (gasp!)

4 minute read

Secondary subject line: The relative prices argument for strong action against climate change. Paul Krugman must have been feeling more provocative than usu...

Carbon Price vs Technology (R&D) Initiatives

2 minute read

This coming in a few days late, but Rob Stavins continues with his series of excellent posts on environmental economics and policy instruments. In his most r...

Paul Collier talk on “The Plundered Planet”

3 minute read

I went to a talk last night by Paul Collier. For those of you who don't know, Collier is a big cheese in the development studies world, probably best known f...

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Self-indulgence

Obligatory comment on the 2013 Nobelists

1 minute read

Seeing as it is very de jour to comment on this sort of thing in the econ blogosphere, here is a quick personal take:I know that this year’s laureates have r...

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

Happenings

2 minute read

Given the inadvertent success of my previous post, I’ve decided to take the philosophical route for this next one: My fifteen minutes of quasi-blogosphere fa...

Milestones

less than 1 minute read

Just clocked up our 30,000th pageview here at The Corral.<div></div><div>I feel that this a pretty respectable return for a (very) part-t...

New writing gig - The Energy Collective

1 minute read

Some exciting news for yours truly is that I’ll be writing a series of articles for the excellent energy and climate website, The Energy Collective, as part ...

Back in business

1 minute read

Having said goodbye to family and friends after a wonderful holiday in South Africa, and then endured a 20-plus hour trip (two transit stops) back to Norway ...

International Energy Workshop in June

less than 1 minute read

Sweet news.I’ll be presenting my paper on electricity prices and water scarcity at this year’s International Energy Workshop, which will be held in…Cape Town...

We’ll go no more a roving

less than 1 minute read

In the rapidly fading twilight that is my 20s, please indulge me. ~  So, we'll go no more a roving So late into the night, Though the heart be still as ...

Happy birthday to Stickman’s Corral!

4 minute read

Well, a day late… but that can probably only be described as fitting.Of course, recent postings have taken a severe backseat, as you might have observed. To ...

First journal submission

less than 1 minute read

In other news…I finally submitted my (co-authored) paper to a journal yesterday.<div style="text-align: center;">Title: </div><div style="text...

Four-Year Plans…

1 minute read

So, my PhD programme began today. We’re starting with a preparatory maths and statistics course, before getting into the core modules — micro, macro, ‘metric...

Thesis = Submitted

less than 1 minute read

Feels like a fat bloody gorilla climbing down off my back.I’m exhausted after working very late over the last couple weeks to get everything done in time… An...

More of this please…

1 minute read

Steven Landsburg writes:<blockquote>When something is wrong on the Internet, bloggers love to pounce. But since no blogger is infallible, most of us ca...

Happy birthday to me

less than 1 minute read

I feel you, brother. Still under 30.Just.I’d better start reading…

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Travel

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

Summer has arrived

less than 1 minute read

Yesterday. Finally.Please stay!<div class="separator" style="clear: both; text-align: center;"></div>

Hardship on the slopes

less than 1 minute read

The posts may have dried up a tad here at the Corral, but things have been busy for yours truly back in the real world. Most notably going away for our depar...

A journey through the seasons

less than 1 minute read

After my previous Norway bump, here are two videos that seem appropriate.<iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.c...

Another post on empirics (and a priorism)

3 minute read

I was away last week in Amsterdam taking part in The Econometric Game, a competition involving 30 universities from around the world. Despite the… hmmm… dour...

International Energy Workshop in June

less than 1 minute read

Sweet news.I’ll be presenting my paper on electricity prices and water scarcity at this year’s International Energy Workshop, which will be held in…Cape Town...

Kings of Convenience - Me in You

less than 1 minute read

If for no other reason than my apartment gets some camera time.[]Some very mellow Sunday night listening with suitably serene Scandinavian scenes.<iframe ...

Hiatus and Happenings

3 minute read

I’ve been receiving abuse from various quarters lately for the lack of posting on this site. My apologies, but I’d sworn of any real computer activity for ...

Cover Thursdays - Justin Vernon edition

1 minute read

Coming at ya live outta southern Denmark[*], a (very) quick Cover Thurdays edition to keep you interested.Most of you probably know Justin Vernon as the brai...

Snakes on a Plane: The (African) Sequel

2 minute read

Apologies for the lack of posting recently. To borrow a phrase, course work and project deadlines have been tearing me some new ones. As a reward for your pa...

Tyler Cowen’s favourite things South Africa

2 minute read

The alarmingly prodigious Tyler Cowen has a post up on his favourite things South Africa:<blockquote>I have yet to go, but here is what I admire so far...

To the heart of the Euro crisis!

less than 1 minute read

Well, maybe not the heart... Pancreas perhaps? After seriously hacking to sort out the correct visa (I <3 immigration bureaucracies), I'm off to Portugal!...

Chirp of the Day - Australia

1 minute read

A Norwegian friend of mine was telling me about the first time he ever traveled outside of Europe, which happened to be a gap-year stint in Australia after...

Merry Engerland

1 minute read

Exams all done and dusted :) Went reasonably well. Some time issues for two of them, but that's nothing uncommon for me to be honest... Anyway, just a quic...

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Academics

Publication/dissertation update

less than 1 minute read

After spending nearly a year in Land Economics’ publication queue, I’m pleased to say that my joint paper on “Electricity Prices, River Temperatures and Cool...

TEDxBergen

2 minute read

I mentioned the other day that I acted as moderator for the recent TEDxBergen conference. Videos of the various talks have now been posted online, but here a...

Obligatory comment on the 2013 Nobelists

1 minute read

Seeing as it is very de jour to comment on this sort of thing in the econ blogosphere, here is a quick personal take:I know that this year’s laureates have r...

Happenings

2 minute read

Given the inadvertent success of my previous post, I’ve decided to take the philosophical route for this next one: My fifteen minutes of quasi-blogosphere fa...

Back in business

1 minute read

Having said goodbye to family and friends after a wonderful holiday in South Africa, and then endured a 20-plus hour trip (two transit stops) back to Norway ...

Climate, economy and ladies

1 minute read

As a postscript to the previous entry, here’s a quick story about a newspaper interview that I had last week. It was with one of the major broadsheets of the...

First journal submission

less than 1 minute read

In other news…I finally submitted my (co-authored) paper to a journal yesterday.<div style="text-align: center;">Title: </div><div style="text...

Service, interrupted

1 minute read

You may have noticed that blogging’s been a bit slow around these parts, lately. Please accept my apologies, but it’s a hard thing to rectify given my curren...

Four-Year Plans…

1 minute read

So, my PhD programme began today. We’re starting with a preparatory maths and statistics course, before getting into the core modules — micro, macro, ‘metric...

Thesis = Submitted

less than 1 minute read

Feels like a fat bloody gorilla climbing down off my back.I’m exhausted after working very late over the last couple weeks to get everything done in time… An...

It’s official…

1 minute read

You may have noticed that things have been a bit slow around the Corral lately. Primary reason being that I have been involved in numerous applications and i...

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Water

Video - Fracking chat with David Zetland

less than 1 minute read

I had a long video chat with David Zetland yesterday, where we discussed fracking, water pollution, property rights and a bunch of related issues. David’s ta...

Fracking and water pollution

1 minute read

My new article for The Energy Collective is up: Hydraulic Fracking and Water Pollution.There’s much debate about whether shale gas “fracking” (i.e. hydraulic...

At least our benevolent Google overlords care

less than 1 minute read

about their water footprint. <iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/lJnlgM1yEU0" width="560"></if...

Low-cost lighting from used plastic bottles

less than 1 minute read

As a general rule, bottled water is not particularly good for the environment. If I were the judgmental type, I might even chime in that buying bottled water...

First journal submission

less than 1 minute read

In other news…I finally submitted my (co-authored) paper to a journal yesterday.<div style="text-align: center;">Title: </div><div style="text...

Quick links - History Repeats Itself edition

2 minute read

Some things that I’ve been meaning to write about, but short on time[*]…1) A heavily fancied South Africa bombs out during the knock-out stages of the Cricke...

What’s wrong with this paragraph?

less than 1 minute read

From The Economist:<blockquote>Of the nuclear plants that provide about a third of Japan’s electricity (see chart), Fukushima Dai-ichi is not the first...

Nuclear and Water

4 minute read

I’ve been drowning in work and other stuff lately, so no blog posts. Like everyone else though, I’ve been watching the unfolding tragedy in Japan and just ho...

Solar thermal and water use in California

2 minute read

Having discussed some similar implications for the grandiose solar plans in South Africa, here's a snippet from an interview with Bright Source Energy CEO, J...

More water issues in SA

1 minute read

(Semi) fresh on the heals of The Corral's coverage of an appeal to major water-using companies to fund "an extensive water monitoring project" in South Afric...

Water pricing in different sectors

3 minute read

My previous post linked to a new alarming/alarmist (potato, potahto) study of South Africa’s water pollution problems. I mentioned some economic elements tha...

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Behavioural Economics

TEDxBergen

2 minute read

I mentioned the other day that I acted as moderator for the recent TEDxBergen conference. Videos of the various talks have now been posted online, but here a...

Are there any four-minute miles in economics?

4 minute read

3:59.4Roger Bannister’s four laps of the Iffley Road Track on 6 May 1954 have been immortalised in the annals of sporting lore and human achievement. By beco...

A question for Nassim Taleb fans

4 minute read

I read an interesting article last night, detailing a public exchange between Daniel Kahneman and Nassim Taleb.<blockquote class="tr_bq">[E]ach man was...

Free will in a world of Mad Men

4 minute read

Mark Thoma links to a study discussing the limits — or "origins" might be more correct — of free will. I'll just highlight the snippet on implica...

Facts vs Beliefs

4 minute read

I should really be studying... but my attention has been drawn to several articles and interviews over the last few weeks that coincide with a recurring them...

God, morality and monkeys

8 minute read

And by "monkeys" I really mean "altruistic chimpanzees", but I'm a sucker for alliteration...I stumbled on a really excellent opinion piece in today's New Yo...

Maths and Economics - The Interlude

2 minute read

Those of you paying attention may have noticed that I yet to deliver on my promise to provide a second economic-maths example. Apologies for the delay, but ...

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Regulation

Fracking and water pollution

1 minute read

My new article for The Energy Collective is up: Hydraulic Fracking and Water Pollution.There’s much debate about whether shale gas “fracking” (i.e. hydraulic...

Starting a new blog…

2 minute read

A group of us at my university have decided to start a blog dedicated to tackling environmental issues from an economic perspective. Things are still very mu...

Why do we pay tax on plastic bags?

less than 1 minute read

Because here’s why:<iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/xPphi3YES80" width="560"></iframe>Fo...

Irony

2 minute read

From the Wikipedia page on Agricultural Policy:<blockquote class="tr_bq">Some argue that nations have an interest in assuring there is sufficient domes...

Rhino horn! Homeopathy! Psychics!

6 minute read

A few weeks ago, the South African government announced that it was appointing a team to reconsider the ban on the trade in rhino horn. In short, the idea is...

A very interesting paper…

1 minute read

From the latest American Economic Review:<div style="text-align: center;">Environmental Accounting for Pollution in the United States Economy</div&g...

Links - Market Design edition

4 minute read

Regular readers[*] will know that a favourite theme of this blog is thinking about how — and where — markets function “optimally”, versus cases where some fo...

Tort law is no panacea for the environment

9 minute read

Looking over the comments section of an old post, I realised that I had yet to make good on a promise to “flesh out my scepticism regarding the ability of to...

Dumb regulation

2 minute read

As should be clear from some of my previous posts, I think that some areas of our economy are in need of regulation; others distinctly less so. Her...

Exploitation and Industrialisation

3 minute read

In the comments thread of the Meat and Veg(etarianism) post, I drew a parallel between the ethical treatment of animals and the banning of child labour. That...

America is in good hands…

less than 1 minute read

The Colbert ReportMon - Thurs 11:30pm / 10:30cChair Apparentwww.colbertnation.com</embed>Colbert Report Full Episodes2010 ElectionMarch to Keep Fear Al...

Experts, democracy and public opinion

6 minute read

Consider this a follow-up, of sorts, to my Facts vs Beliefs post...Going over what I had written there and then partaking in the comments section, ...

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Externalities

China to reduce coal consumption?

1 minute read

I’ve tried to emphasise the importance of relative concepts many times on this blog. However, there are occasions when relative measures can also be more tha...

Review: Surviving Progress

1 minute read

Apologies for the lack of posting recently. Aside from research stuff, most of my "internet" time has been spent working on the RECONOMICS HUB.[*] We have no...

Why do we pay tax on plastic bags?

less than 1 minute read

Because here’s why:<iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/xPphi3YES80" width="560"></iframe>Fo...

Climate mitigation as a secondary benefit

3 minute read

But keep it quiet.I spent some time last week with the Dutch economist, Johannes Bollen, who was visiting my university to present his research on the “co-be...

A very interesting paper…

1 minute read

From the latest American Economic Review:<div style="text-align: center;">Environmental Accounting for Pollution in the United States Economy</div&g...

Should pregnant women be banned from smoking?

5 minute read

In several recent posts, Dan Kuehn advanced the notion that “the future” is, in some sense, an autarkic regime… Basically, that people in the future simply...

Links - Market Design edition

4 minute read

Regular readers[*] will know that a favourite theme of this blog is thinking about how — and where — markets function “optimally”, versus cases where some fo...

Hippie Baptists and Libertarian Bootleggers

5 minute read

Like, take it easy, Man. Disclaimer: I’ve conflated a lot of libertarianism/Austrianism in post. This was partly for simplicity, but also because I’m recalli...

Tort law is no panacea for the environment

9 minute read

Looking over the comments section of an old post, I realised that I had yet to make good on a promise to “flesh out my scepticism regarding the ability of to...

Carbon Price vs Technology (R&D) Initiatives

2 minute read

This coming in a few days late, but Rob Stavins continues with his series of excellent posts on environmental economics and policy instruments. In his most r...

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Sport

Too good not to share

3 minute read

File this under the "Unintended hilarity" section.  Via Ryan Coetzee, I see that South Africa’s beloved Minister of Sport and Recreation, Mr Fikile Apri...

Starting a new blog…

2 minute read

A group of us at my university have decided to start a blog dedicated to tackling environmental issues from an economic perspective. Things are still very mu...

Quick links (05/05/2012)

1 minute read

I’m about to go into a pre-exam blogging hibernation, but here are some links to keep you interested:1) Ed Dolan gives a nice overview of the economic issues...

Like a kid on Christmas eve…

1 minute read

The Rugby World Cup 2011 starts tomorrow… BOOM!<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto...

Comrades

3 minute read

In a few hours, the start to the 86th Comrades Marathon will sound off. This year is an “up run”, as 18,000 runners of all race, creed and nationality set of...

What BMT looks like

less than 1 minute read

Four straight birdies to close out The Masters.<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: aut...

Quick links - History Repeats Itself edition

2 minute read

Some things that I’ve been meaning to write about, but short on time[*]…1) A heavily fancied South Africa bombs out during the knock-out stages of the Cricke...

Torres on football clubs: “Romance is dead”

4 minute read

[HAPPY UPDATE: Well, well, well... What do you know? Perhaps romance isn't dead! Headline this morning: Torres endures nightmare debut as Liverpool regain ol...

Currie Cup Final

1 minute read

After a great start to the 2010 season, South African rugby descended into disappointment and embarrassment. Still, there's light at the end of the tunnel as...

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Science

Bad science: Paleo diet edition

4 minute read

A while ago, I wrote a post praising the scientific approach that advocates of the paleo diet</a> appeared to be adopting in arguing their case. In par...

Advocacy and climate research

1 minute read

The latest furore to erupt in the climate blogosphere concerns whether climate scientists undermine their credibility by engaging in advocacy? (For some resp...

Climate science is pseudoscience(?)

2 minute read

So says Ivo Vegter in his latest column, calling up the spirit of Karl Popper. I drop by in several places in the comments, saying that this pretty much utte...

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

The language of science: Paleo edition

4 minute read

I've developed an armchair interest in the so-called "paleo" diet. Among other things, my curiosity was piqued when Tim Noakes — one of South Africa's ...

Chief EU science adviser on GMO

3 minute read

Scottish microbiologist Anne Glover is the recently appointed chief science adviser to the EU. The below excerpt concerning GMO is taken from an interview th...

Science and distortion

less than 1 minute read

Below is a video of the late climate scientist, Stephen Schneider. Please watch it and tell me that scientists are the ones trying to polarize this debate an...

Avoiding hypocrisy on the big issues

10 minute read

Think of an important environmental issue. Now imagine that there is a large body of scientific research, underpinned by peer-reviewed literature, which has ...

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Philosophy

Advocacy and climate research

1 minute read

The latest furore to erupt in the climate blogosphere concerns whether climate scientists undermine their credibility by engaging in advocacy? (For some resp...

Climate science is pseudoscience(?)

2 minute read

So says Ivo Vegter in his latest column, calling up the spirit of Karl Popper. I drop by in several places in the comments, saying that this pretty much utte...

The limits of reductio ad absurdum

3 minute read

Unlearning Econ has a new post up on Milton Friedman in which he, among other things, criticises Friedman’s use of reductio ad absurdum arguments to win deba...

Hippie Baptists and Libertarian Bootleggers

5 minute read

Like, take it easy, Man. Disclaimer: I’ve conflated a lot of libertarianism/Austrianism in post. This was partly for simplicity, but also because I’m recalli...

Action Axiom: Rothbard contra Mises/Kant

2 minute read

Okay, last thing I’m going to post on the action axiom for a while, but a friend (of unabashed anarcho-capitalist persuasions) emails me:<blockquote>Yo...

Links - Anti-polemic edition

4 minute read

It’s something of a point of pride that I don’t wish this blog to descend into a polemic. In that spirit, here are several links to some interesting articles...

George Selgin on the Action Axiom

4 minute read

Plus my reply.I was pleasantly surprised to see George Selgin leave a comment underneath my previous post concerning Mises’s action axiom. In case you missed...

Mises’s action “axiom” or false dichotomy?

4 minute read

I’ve been watching the recent libertarian conundrum - concerning the morality of using taxes to prevent a killer asteroid from wiping out humanity - with gre...

Quote of the day - Experts

less than 1 minute read

An expert is one who knows more and more about less and less. - Nicholas Butler Take THAT Adam Smith! Mild sarcasm font over, there are obviously produ...

A word from our sponsors…

less than 1 minute read

</embed> [Warning: One or two f-bombs in the above clip.]<div style="text-align: justify;">I have many uninformed opinions and, possibly, some re...

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Violence

Did monetary expansion cause the Arab Spring?

4 minute read

South Africa’s top economic and financial daily, Business Day, ran an article yesterday referring to research conducted in part by my old school friend and o...

Unintended consequences

3 minute read

During the last year, South Africa has been in the throes of violent upheaval in the mining industry. Most prominently the “Marikana massacre”, which receive...

The real reason to be wary of Kony 2012

1 minute read

With the internet abuzz about Invisible Children’s “Kony 2012” viral campaign, it was predictable that there would be some blow-back from critics. The most c...

Finally…

less than 1 minute read

The academic paper that you’ve been waiting for! Zombie guru, George A. Romero, teams up with Columbia statistician, Andrew Gelman, as they seek to answer th...

Perspectives

3 minute read

That the Oslo-Utøya killings were a heinous, monstrous act is beyond question. However, the sheer scale of shock cannot be separated from the fact that they ...

Quote of the day - Terrorism

less than 1 minute read

"You don't protect civilization by dismantling its civilizing achievements."  - Tom Arnold, former member of the British Parliament.

Oslo

1 minute read

Man oh man…Apart from the immediate concerns for the injured and dead, I dread some of the reverberations from the bomb attack in Oslo. Thankfully, it appear...

Exploitation and Industrialisation

3 minute read

In the comments thread of the Meat and Veg(etarianism) post, I drew a parallel between the ethical treatment of animals and the banning of child labour. That...

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Ideology

I was Ayn Rand’s lover

less than 1 minute read

Posted this on twitter a few minutes ago, but I’ve just stumbled on the best piece of satirical writing that I have read in ages: I was Ayn Rand’s lover by G...

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

Quote(s) of the Day - Marxism

less than 1 minute read

Just to prove my even-handedness on this issue of a priorism and empirical validation, here is the father of the falsification doctrine himself, Karl Popper,...

Science and distortion

less than 1 minute read

Below is a video of the late climate scientist, Stephen Schneider. Please watch it and tell me that scientists are the ones trying to polarize this debate an...

Facts vs Beliefs (George Monbiot edition)

3 minute read

When the facts, I change my mind. What do you do, sir?  - Apocryphally attributed to John Maynard Keynes A criticism often leveled at environmenta...

Ideas, not people

2 minute read

Beyond the specific subject matter of my previous post, I think that the Paul Samuelson article inadvertently highlights something else of value… especially ...

More on Norway, liberty and labels

4 minute read

UPDATE: Two very good additional posts by Daniel and Gene Callahan. In particular, will Breivik’s quoting of Mises and Hayek be cause for reflection among li...

Facts vs Beliefs

4 minute read

I should really be studying... but my attention has been drawn to several articles and interviews over the last few weeks that coincide with a recurring them...

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Econometrics

Obligatory comment on the 2013 Nobelists

1 minute read

Seeing as it is very de jour to comment on this sort of thing in the econ blogosphere, here is a quick personal take:I know that this year’s laureates have r...

Is gold highly correlated with money supply?

4 minute read

Amidst all this talk about US Republicans eyeing a return to the gold standard, something on my twitter feed earlier this week caught the eye: A link to an o...

Another post on empirics (and a priorism)

3 minute read

I was away last week in Amsterdam taking part in The Econometric Game, a competition involving 30 universities from around the world. Despite the… hmmm… dour...

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Resources

Gold: Demand, supply and price

5 minute read

My old school friend and unashamed proponent of all things gold, Chris Becks, has left a few comments underneath this post in which I criticized misleading s...

Is gold highly correlated with money supply?

4 minute read

Amidst all this talk about US Republicans eyeing a return to the gold standard, something on my twitter feed earlier this week caught the eye: A link to an o...

If it worked for Casanova…

less than 1 minute read

This might not hold much interest beyond some old school friends reading this blog, but flicking through channels this morning I stumbled on a CNN documentar...

Facts vs Beliefs (George Monbiot edition)

3 minute read

When the facts, I change my mind. What do you do, sir?  - Apocryphally attributed to John Maynard Keynes A criticism often leveled at environmenta...

Krugman, Hotelling and gold

4 minute read

… and negative (short-run) supply curves.Paul Krugman’s recent column, which links the high price of gold to a disinflationary environment, has generated a l...

Quote of the day - Fish

less than 1 minute read

Speaking of life in the oceans…<blockquote>“Sharks are just evil bastards. I’m quite happy if all the sharks just went, because they eat fish and us… A...

Paul Collier talk on “The Plundered Planet”

3 minute read

I went to a talk last night by Paul Collier. For those of you who don't know, Collier is a big cheese in the development studies world, probably best known f...

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History

Asimbonanga (Mandela)

less than 1 minute read

Asimbonanga (We have not seen him) Asimbonang' uMandela thina (We have not seen Mandela) Laph'ekhona (In the place where he is) Laph'ehleli khona (In the...

Review - Economics Evolving (Agnar Sandmo)

3 minute read

Following an email exchange with Dan Kuehn and Jon Catalán, I decided that it was finally time to write up a review for Agnar Sandmo’s “Economics Evolving” (...

More on Malthus

less than 1 minute read

If you don’t wish to take my word on Malthus, here’s a snippet from Econlib’s excellent encyclopedia entry that I’ve just stumbled upon:<blockquote class=...

Don’t let be misunderstood: Malthus edition

6 minute read

Poor Thomas Malthus. Has there ever been a more maligned and misunderstood figure in the history of economics? With depressingly few exceptions, both his cri...

Easter Island - History revisi(onis)ted?

2 minute read

I’ve just handed in a fat micro assignment and thus finally seen the back of a hellish two weeks. Twelve-hour days (plus) have become the new norm… and the...

Privileging theory over evidence

3 minute read

It’s late and my brain is in desperate need of sleep, but I’ve just read something very interesting on the Mises.org blog (via Twitter). In particular, Bob M...

Exploitation and Industrialisation

3 minute read

In the comments thread of the Meat and Veg(etarianism) post, I drew a parallel between the ethical treatment of animals and the banning of child labour. That...

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Maths

Google this

less than 1 minute read

2 sqrt(-abs(abs(x)-1)abs(3-abs(x))/((abs(x)-1)(3-abs(x))))(1+abs(abs(x)-3)/(abs(x)-3))sqrt(1-(x/7)^2)+(5+0.97(abs(x-.5)+abs(x+.5))-3(abs(x-.75)+abs(x+.75)))(...

Two quick links - Krugman edition

1 minute read

Paul Krugman is the ultimate polarising force. People either love him or loathe him. I suppose that’s what comes with the territory when you are, arguably, t...

Physics Envy (again)

3 minute read

Seeing as I've covered the topic a few times already, here is an interesting - and surprisingly amusing - presentation by Andrew Lo of MIT, based o...

Maths and Economics - The Interlude

2 minute read

Those of you paying attention may have noticed that I yet to deliver on my promise to provide a second economic-maths example. Apologies for the delay, but ...

Why we need maths in economics

5 minute read

Secondary subject line: Why words and intuition aren’t always good enough. A lot has been written about the use of mathematics in economics. Much of it nega...

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Literature

Quote of the Day - Madiba

1 minute read

I was seven years old, and on the day before I was to begin, my father took me aside and told me that I must be dressed properly for school. Until that time,...

I was Ayn Rand’s lover

less than 1 minute read

Posted this on twitter a few minutes ago, but I’ve just stumbled on the best piece of satirical writing that I have read in ages: I was Ayn Rand’s lover by G...

Review - Economics Evolving (Agnar Sandmo)

3 minute read

Following an email exchange with Dan Kuehn and Jon Catalán, I decided that it was finally time to write up a review for Agnar Sandmo’s “Economics Evolving” (...

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

On censorship and misreading Ray Bradbury

2 minute read

Earlier today I read Bill Maher's op-ed in the NYT: Please Stop Apologizing. I deeply agree with his general point and am reminded of the way he put it &mdas...

The face of Gabriel

1 minute read

Jonathan Haid’s comments on the spiritual nature of warfare reminded me of a passage in Captain Correli’s Mandolin by Louis de Bernières. The character Mandr...

Quote of the day - Let it stand

less than 1 minute read

This one comes via my friend and rival literatus</i>, Bloomsboy[*]. It concerns James Joyce’s relationship with protégé and Waiting for Godot playwrigh...

New Year’s Resolutions and Literary snobs

2 minute read

New Year's resolutions?  Not a fan. Well, I say that but I'll probably try and harden my resolve in finishing up some things I've been putting off fo...

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Agriculture

Did monetary expansion cause the Arab Spring?

4 minute read

South Africa’s top economic and financial daily, Business Day, ran an article yesterday referring to research conducted in part by my old school friend and o...

Unintended consequences

3 minute read

During the last year, South Africa has been in the throes of violent upheaval in the mining industry. Most prominently the “Marikana massacre”, which receive...

Don’t let be misunderstood: Malthus edition

6 minute read

Poor Thomas Malthus. Has there ever been a more maligned and misunderstood figure in the history of economics? With depressingly few exceptions, both his cri...

Chief EU science adviser on GMO

3 minute read

Scottish microbiologist Anne Glover is the recently appointed chief science adviser to the EU. The below excerpt concerning GMO is taken from an interview th...

Irony

2 minute read

From the Wikipedia page on Agricultural Policy:<blockquote class="tr_bq">Some argue that nations have an interest in assuring there is sufficient domes...

Avoiding hypocrisy on the big issues

10 minute read

Think of an important environmental issue. Now imagine that there is a large body of scientific research, underpinned by peer-reviewed literature, which has ...

Food prices and climate change (gasp!)

4 minute read

Secondary subject line: The relative prices argument for strong action against climate change. Paul Krugman must have been feeling more provocative than usu...

Meat and Veg(etarianism)

5 minute read

UPDATE: I stumbled upon this George Monbiot post today (Jan 24) from a few months back, discussing what seems to be a very interesting book by one Simon Fair...

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Food

Bad science: Paleo diet edition

4 minute read

A while ago, I wrote a post praising the scientific approach that advocates of the paleo diet</a> appeared to be adopting in arguing their case. In par...

Did monetary expansion cause the Arab Spring?

4 minute read

South Africa’s top economic and financial daily, Business Day, ran an article yesterday referring to research conducted in part by my old school friend and o...

The language of science: Paleo edition

4 minute read

I've developed an armchair interest in the so-called "paleo" diet. Among other things, my curiosity was piqued when Tim Noakes — one of South Africa's ...

Chief EU science adviser on GMO

3 minute read

Scottish microbiologist Anne Glover is the recently appointed chief science adviser to the EU. The below excerpt concerning GMO is taken from an interview th...

Avoiding hypocrisy on the big issues

10 minute read

Think of an important environmental issue. Now imagine that there is a large body of scientific research, underpinned by peer-reviewed literature, which has ...

Two quick links - Krugman edition

1 minute read

Paul Krugman is the ultimate polarising force. People either love him or loathe him. I suppose that’s what comes with the territory when you are, arguably, t...

Food prices and climate change (gasp!)

4 minute read

Secondary subject line: The relative prices argument for strong action against climate change. Paul Krugman must have been feeling more provocative than usu...

Meat and Veg(etarianism)

5 minute read

UPDATE: I stumbled upon this George Monbiot post today (Jan 24) from a few months back, discussing what seems to be a very interesting book by one Simon Fair...

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Property Rights

Fracking and water pollution

1 minute read

My new article for The Energy Collective is up: Hydraulic Fracking and Water Pollution.There’s much debate about whether shale gas “fracking” (i.e. hydraulic...

Hayek contra Coase… on property rights?

4 minute read

Say it ain’t so!Well… I guess it ain’t technically “so”… but hear me out on this one.Noah Smith, citing his personal experiences in Japan, writes that irredu...

Putting a price on nature (II)

6 minute read

Yesterday, I wrote a post in response to George Monbiot's recent column, "The true value of nature is not a number with a pound sign in front", which laments...

Links - Market Design edition

4 minute read

Regular readers[*] will know that a favourite theme of this blog is thinking about how — and where — markets function “optimally”, versus cases where some fo...

Hippie Baptists and Libertarian Bootleggers

5 minute read

Like, take it easy, Man. Disclaimer: I’ve conflated a lot of libertarianism/Austrianism in post. This was partly for simplicity, but also because I’m recalli...

Water pricing in different sectors

3 minute read

My previous post linked to a new alarming/alarmist (potato, potahto) study of South Africa’s water pollution problems. I mentioned some economic elements tha...

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Development

Review: Surviving Progress

1 minute read

Apologies for the lack of posting recently. Aside from research stuff, most of my "internet" time has been spent working on the RECONOMICS HUB.[*] We have no...

The real reason to be wary of Kony 2012

1 minute read

With the internet abuzz about Invisible Children’s “Kony 2012” viral campaign, it was predictable that there would be some blow-back from critics. The most c...

Perspectives

3 minute read

That the Oslo-Utøya killings were a heinous, monstrous act is beyond question. However, the sheer scale of shock cannot be separated from the fact that they ...

Sustainability: Defining the undefinable

7 minute read

What does it mean for something to be “sustainable”? Does the term, as it is widely used in the public lexicon today, contribute anything useful to our every...

Exploitation and Industrialisation

3 minute read

In the comments thread of the Meat and Veg(etarianism) post, I drew a parallel between the ethical treatment of animals and the banning of child labour. That...

Paul Collier talk on “The Plundered Planet”

3 minute read

I went to a talk last night by Paul Collier. For those of you who don't know, Collier is a big cheese in the development studies world, probably best known f...

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Animals

Rhino poaching… Hope on the horizon?

3 minute read

A few months ago, I discussed the staggering increase in rhino poaching that is plaguing Southern Africa. According to the Dept. of Environmental Affairs, a ...

Rhino horn! Homeopathy! Psychics!

6 minute read

A few weeks ago, the South African government announced that it was appointing a team to reconsider the ban on the trade in rhino horn. In short, the idea is...

Snakes on a Plane: The (African) Sequel

2 minute read

Apologies for the lack of posting recently. To borrow a phrase, course work and project deadlines have been tearing me some new ones. As a reward for your pa...

“Africa Black and White” by Nick Brandt

less than 1 minute read

Africa Black and White<iframe class="scribd_iframe_embed" data-aspect-ratio="1.2938689217759" data-auto-height="true" frameborder="0" height="600" id="doc...

Meat and Veg(etarianism)

5 minute read

UPDATE: I stumbled upon this George Monbiot post today (Jan 24) from a few months back, discussing what seems to be a very interesting book by one Simon Fair...

God, morality and monkeys

8 minute read

And by "monkeys" I really mean "altruistic chimpanzees", but I'm a sucker for alliteration...I stumbled on a really excellent opinion piece in today's New Yo...

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Ethics

Advocacy and climate research

1 minute read

The latest furore to erupt in the climate blogosphere concerns whether climate scientists undermine their credibility by engaging in advocacy? (For some resp...

Rhino horn! Homeopathy! Psychics!

6 minute read

A few weeks ago, the South African government announced that it was appointing a team to reconsider the ban on the trade in rhino horn. In short, the idea is...

Should pregnant women be banned from smoking?

5 minute read

In several recent posts, Dan Kuehn advanced the notion that “the future” is, in some sense, an autarkic regime… Basically, that people in the future simply...

Hippie Baptists and Libertarian Bootleggers

5 minute read

Like, take it easy, Man. Disclaimer: I’ve conflated a lot of libertarianism/Austrianism in post. This was partly for simplicity, but also because I’m recalli...

Meat and Veg(etarianism)

5 minute read

UPDATE: I stumbled upon this George Monbiot post today (Jan 24) from a few months back, discussing what seems to be a very interesting book by one Simon Fair...

God, morality and monkeys

8 minute read

And by "monkeys" I really mean "altruistic chimpanzees", but I'm a sucker for alliteration...I stumbled on a really excellent opinion piece in today's New Yo...

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Psychology

TEDxBergen

2 minute read

I mentioned the other day that I acted as moderator for the recent TEDxBergen conference. Videos of the various talks have now been posted online, but here a...

A question for Nassim Taleb fans

4 minute read

I read an interesting article last night, detailing a public exchange between Daniel Kahneman and Nassim Taleb.<blockquote class="tr_bq">[E]ach man was...

Free will in a world of Mad Men

4 minute read

Mark Thoma links to a study discussing the limits — or "origins" might be more correct — of free will. I'll just highlight the snippet on implica...

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Money

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

Inflation-targeting, CPI measures and the poor

2 minute read

In a bid to get back to regular blogging, below is a comment that I’ve just left under a Daily Maverick column by Paul Berkowitz, entitled “Who benefits from...

Are there any four-minute miles in economics?

4 minute read

3:59.4Roger Bannister’s four laps of the Iffley Road Track on 6 May 1954 have been immortalised in the annals of sporting lore and human achievement. By beco...

Monetary regimes and economic outcomes

2 minute read

Eric Rauchway has a post over at Crooked Timber that’s generating a fair bit of interest, since it compares real economic growth and inflation for the “G7” c...

More on inflation, violence and identification

5 minute read

Chris has responded to my previous post, which he frames as a criticism of his research. I should state upfront that this does not strike me as entirely accu...

Is gold highly correlated with money supply?

4 minute read

Amidst all this talk about US Republicans eyeing a return to the gold standard, something on my twitter feed earlier this week caught the eye: A link to an o...

Privileging theory over evidence

3 minute read

It’s late and my brain is in desperate need of sleep, but I’ve just read something very interesting on the Mises.org blog (via Twitter). In particular, Bob M...

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R

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Public Policy

More on inflation, violence and identification

5 minute read

Chris has responded to my previous post, which he frames as a criticism of his research. I should state upfront that this does not strike me as entirely accu...

Climate mitigation as a secondary benefit

3 minute read

But keep it quiet.I spent some time last week with the Dutch economist, Johannes Bollen, who was visiting my university to present his research on the “co-be...

Links - Market Design edition

4 minute read

Regular readers[*] will know that a favourite theme of this blog is thinking about how — and where — markets function “optimally”, versus cases where some fo...

Tort law is no panacea for the environment

9 minute read

Looking over the comments section of an old post, I realised that I had yet to make good on a promise to “flesh out my scepticism regarding the ability of to...

“Our climate isn’t the only green concern”

3 minute read

UPDATE: The forest sell-off has been shelved following a massive public outcry.That’s the title of a short article by Michael McCarthy, the environmental edi...

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Religion

America is in good hands…

less than 1 minute read

The Colbert ReportMon - Thurs 11:30pm / 10:30cChair Apparentwww.colbertnation.com</embed>Colbert Report Full Episodes2010 ElectionMarch to Keep Fear Al...

God, morality and monkeys

8 minute read

And by "monkeys" I really mean "altruistic chimpanzees", but I'm a sucker for alliteration...I stumbled on a really excellent opinion piece in today's New Yo...

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Good Causes

Earth Hour: Sending the right message?

1 minute read

In the build up to this year’s Earth Hour, humourless critics were once again up in arms about the fact that turning off the lights for one hour would have a...

The real reason to be wary of Kony 2012

1 minute read

With the internet abuzz about Invisible Children’s “Kony 2012” viral campaign, it was predictable that there would be some blow-back from critics. The most c...

Changing Faces

3 minute read

I’ve just come back from London, where I was staying with one of my best friends from school. He is a professional rugby player and currently plies his trade...

Movember

1 minute read

Anyone out there doing Movember? Movember (the month formerly known as November) is a month long moustache growing charity event held each year to help raise...

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GMO

Review - Extreme Environment (Ivo Vegter)

24 minute read

Extreme Environment (hereafter EE) is a book written by South African journalist, Ivo Vegter. I have mentioned Vegter before on this blog and he generously a...

Quick links (05/05/2012)

1 minute read

I’m about to go into a pre-exam blogging hibernation, but here are some links to keep you interested:1) Ed Dolan gives a nice overview of the economic issues...

Chief EU science adviser on GMO

3 minute read

Scottish microbiologist Anne Glover is the recently appointed chief science adviser to the EU. The below excerpt concerning GMO is taken from an interview th...

Avoiding hypocrisy on the big issues

10 minute read

Think of an important environmental issue. Now imagine that there is a large body of scientific research, underpinned by peer-reviewed literature, which has ...

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Sustainability

Facts vs Beliefs (George Monbiot edition)

3 minute read

When the facts, I change my mind. What do you do, sir?  - Apocryphally attributed to John Maynard Keynes A criticism often leveled at environmenta...

Easter Island - History revisi(onis)ted?

2 minute read

I’ve just handed in a fat micro assignment and thus finally seen the back of a hellish two weeks. Twelve-hour days (plus) have become the new norm… and the...

Sustainability - Robert Solow’s take

less than 1 minute read

I wrote the bulk of the previous post before (re-)reading a Robert Solow essay that I’d largely forgotten about, Sustainability: An Economist’s Perspective.P...

Sustainability: Defining the undefinable

7 minute read

What does it mean for something to be “sustainable”? Does the term, as it is widely used in the public lexicon today, contribute anything useful to our every...

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Methodology

Bad science: Paleo diet edition

4 minute read

A while ago, I wrote a post praising the scientific approach that advocates of the paleo diet</a> appeared to be adopting in arguing their case. In par...

Quote(s) of the Day - Marxism

less than 1 minute read

Just to prove my even-handedness on this issue of a priorism and empirical validation, here is the father of the falsification doctrine himself, Karl Popper,...

Another post on empirics (and a priorism)

3 minute read

I was away last week in Amsterdam taking part in The Econometric Game, a competition involving 30 universities from around the world. Despite the… hmmm… dour...

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Electricity

Why economists love auctions

2 minute read

Some background first: South Africa’s power market is utterly dominated by (a) coal and (b) Eskom, the parasitical parastatal monopoly. In a bid to encourage...

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fisheries

QuackChat slides

less than 1 minute read

If it talks like a duck…

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Commodities

More on inflation, violence and identification

5 minute read

Chris has responded to my previous post, which he frames as a criticism of his research. I should state upfront that this does not strike me as entirely accu...

Did monetary expansion cause the Arab Spring?

4 minute read

South Africa’s top economic and financial daily, Business Day, ran an article yesterday referring to research conducted in part by my old school friend and o...

Back to Top ↑

Media

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

Climate, economy and ladies

1 minute read

As a postscript to the previous entry, here’s a quick story about a newspaper interview that I had last week. It was with one of the major broadsheets of the...

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Uncertainty

A question for Nassim Taleb fans

4 minute read

I read an interesting article last night, detailing a public exchange between Daniel Kahneman and Nassim Taleb.<blockquote class="tr_bq">[E]ach man was...

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blue paradox

QuackChat slides

less than 1 minute read

If it talks like a duck…

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marine reserves

QuackChat slides

less than 1 minute read

If it talks like a duck…

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MPAs

QuackChat slides

less than 1 minute read

If it talks like a duck…

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data.table

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Fish

If it worked for Casanova…

less than 1 minute read

This might not hold much interest beyond some old school friends reading this blog, but flicking through channels this morning I stumbled on a CNN documentar...

Paul Collier talk on “The Plundered Planet”

3 minute read

I went to a talk last night by Paul Collier. For those of you who don't know, Collier is a big cheese in the development studies world, probably best known f...

Back to Top ↑

Evolution

God, morality and monkeys

8 minute read

And by "monkeys" I really mean "altruistic chimpanzees", but I'm a sucker for alliteration...I stumbled on a really excellent opinion piece in today's New Yo...

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Bureaucracy

Quote of the Day - Privacy

less than 1 minute read

"At a moment of austerity and with a general sense that our state's ability to guarantee prosperity for its citizens is in retreat, that same state is about ...

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Health

The language of science: Paleo edition

4 minute read

I've developed an armchair interest in the so-called "paleo" diet. Among other things, my curiosity was piqued when Tim Noakes — one of South Africa's ...

Homeopathic A&E

less than 1 minute read

Following Monday’s post, which touched on the murky world of alternative medicine… South African comedian, Warren Robertson links to a brilliant Mitchell and...

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Recycling

Low-cost lighting from used plastic bottles

less than 1 minute read

As a general rule, bottled water is not particularly good for the environment. If I were the judgmental type, I might even chime in that buying bottled water...

Economics > Doing the right thing

less than 1 minute read

Drowning in university work here, so no time for any blog posts. In the meantime, read this article by Gernot Wagner, who has a new book out explaining why e...

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Politics

Links and happenings

2 minute read

Busy times for yours truly over the last two weeks. Here is a list of things that I’ve been doing, plus one or two items that I spotted on ye olde internet.1...

Chavez, Thatcher and the oil that binds them

less than 1 minute read

Daniel Yergin (one of the world’s foremost energy experts) tweeted yesterday: “Too soon to say what Hugo Chavez’ death means for oil prices but it is certain...

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Videos

TEDxBergen

2 minute read

I mentioned the other day that I acted as moderator for the recent TEDxBergen conference. Videos of the various talks have now been posted online, but here a...

Video - Fracking chat with David Zetland

less than 1 minute read

I had a long video chat with David Zetland yesterday, where we discussed fracking, water pollution, property rights and a bunch of related issues. David’s ta...

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Trade

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Currencies

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research

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reproducibility

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reshape

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r

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stata

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Masculinity

Movember

1 minute read

Anyone out there doing Movember? Movember (the month formerly known as November) is a month long moustache growing charity event held each year to help raise...

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Culture

“To the Moulin Rouge Dancers!”

less than 1 minute read

That little beauty of a subject line is the title of an email that I received today. The message itself reads:<blockquote>Dear [XXX]You all were FANTAS...

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Art

“Africa Black and White” by Nick Brandt

less than 1 minute read

Africa Black and White<iframe class="scribd_iframe_embed" data-aspect-ratio="1.2938689217759" data-auto-height="true" frameborder="0" height="600" id="doc...

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Immigration

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Computers

Bleg - LaTeX (plus Linux)

1 minute read

So, I’m thinking of making the big, bad move over to LaTeX. The document style and structure simply look too good for me to keep plugging away at Microsoft W...

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Game Theory

A riddle: Hats and signalling

2 minute read

Some of you may know this one already, but a here’s a favourite riddle of mine.Four prisoners are blindfolded and arranged as follows: Three of them are line...

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Brain Teasers

A riddle: Hats and signalling

2 minute read

Some of you may know this one already, but a here’s a favourite riddle of mine.Four prisoners are blindfolded and arranged as follows: Three of them are line...

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Poetry

We’ll go no more a roving

less than 1 minute read

In the rapidly fading twilight that is my 20s, please indulge me. ~  So, we'll go no more a roving So late into the night, Though the heart be still as ...

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Investment

Gold: Demand, supply and price

5 minute read

My old school friend and unashamed proponent of all things gold, Chris Becks, has left a few comments underneath this post in which I criticized misleading s...

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Films

Review: Surviving Progress

1 minute read

Apologies for the lack of posting recently. Aside from research stuff, most of my "internet" time has been spent working on the RECONOMICS HUB.[*] We have no...

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Natural monopoly

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Pollution

China to reduce coal consumption?

1 minute read

I’ve tried to emphasise the importance of relative concepts many times on this blog. However, there are occasions when relative measures can also be more tha...

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Technology

TEDxBergen

2 minute read

I mentioned the other day that I acted as moderator for the recent TEDxBergen conference. Videos of the various talks have now been posted online, but here a...

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Cato Institute

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BizNews

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Brexit

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Norway

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Data Science

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GCE

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GFW

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GEE

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bycatch

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PNAS

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STATA

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media

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interaction terms

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marginal effects

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tidyverse

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gtools

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julia

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python

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standard errors

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fixest

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sandwich

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lfe

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spatial

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sf

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geos

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