Cafe HayekCafe Hayek RSS Feed New - Cafe Hayek - Article Feed
///////////////////////////////////////////
Some Links
Posted: 21 Jun 2022 03:23 AM PDT
[link removed]
(Don Boudreaux)
Tweet
Richard McKenzie describes an unseen consequence of student-loan
forgiveness indeed, I think, of the very practice of government-subsidized
student loans.
Writing in the Wall Street Journal, Bjorn Lomborg decries the rich worlds
climate hypocrisy. A slice:
The developed world became wealthy through the pervasive use of fossil
fuels, which still overwhelmingly power most of its economies. Solar and
wind power aren’t reliable, simply because there are nights, clouds and
still days. Improving battery storage won’t help much: There are enough
batteries in the world today only to power global average electricity
consumption for 75 seconds. Even though the supply is being scaled up
rapidly, by 2030 the world’s batteries would still cover less than 11
minutes. Every German winter, when solar output is at its minimum, there is
near-zero wind energy available for at least five days—or more than 7,000
minutes.
This is why solar panels and wind turbines can’t deliver most of the energy
for industrializing poor countries. Factories can’t stop and start with the
wind; steel and fertilizer production are dependent on coal and gas; and
most solar and wind power simply can’t deliver the power necessary to run
the water pumps, tractors, and machines that lift people out of poverty.
Bryan Caplan makes about government a point that should be obvious to
everyone but isnt.
Pete Boettke remembers the late Steve Horwitz, who died far too young one
year ago, on June 27th, 2021.
Eric Boehm explains that the Defense Production Act has become a license
for central planning.
Mitch Daniels is stepping down as president of Purdue University. Thats too
bad for Purdue and for higher education generally.
Jeffrey Tucker is rightly critical of that staunch advocate of covidocratic
compulsion Devi Sridhar.
Covid lockdowns have caused a global mental health crisis in children due
to deep impact of school closures, WHO admits (HT Will Jones)
Vinay Prasad tweets: (HT Jay Bhattacharya)
The other big problem is that many universities have collected millions of
dollars in grants for long covid. That guarantees we will have a lot of
long COVID.
Every time a hospital opens a center to test people with more tests who
might have long COVID, they guarantee more
Martin Kulldorff tweets:
Lockdowns caused enormous collateral public health damage, which we now
much deal with.
Lockdowns harmed the economy, which we now must deal with.
Lockdowns exposed ignorance and herd thinking in universities, public
health agencies and the media, which we now must deal with.
///////////////////////////////////////////
Quotation of the Day
Posted: 21 Jun 2022 01:15 AM PDT
[link removed]
(Don Boudreaux)
Tweet
… is from page 195 of the original edition of Robert Higgs’s marvelous 1987
book, Crisis and Leviathan:
The commitment of both masses and elites to individualism, free markets,
and limited government suffered a blow in the 1930s from which it is
unlikely ever to recover fully. In place of the old beliefs there now
prevails a greater toleration of, and even a positive demand for,
collective schemes that promise social security, protection from the rigors
of market competition, and very often to be blunt something for nothing.
DBx: Few persons have ever led so successful an attack on liberalism and
the competitive market order as did Franklin Roosevelt. He was a textbook
example of the sort of human being feared by all who warned of the abuse of
power in democratic societies.
--
You are subscribed to email updates from "Cafe HayekCafe Hayek RSS Feed New
- Cafe Hayek - Article Feed."
To stop receiving these emails, you may unsubscribe now:
[link removed]
Email delivery powered by Google.
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States
