Farewell to Carbs
In 19 years’ time, Germany will have no more coal mines and coal power plants, bringing to an end hundreds of years of successful history powering first the German Industrial …
Read MoreTag: economy
Getting free money makes people happy
Hot on the heels of Alexandria Ocasio-Cortez’s Green New Deal proposal, which includes a call for “economic security for all who are unable or unwilling to work” (or included, since AOC is now …
Read More
Green Deal, Gone Girl
Ben Shapiro twitted yesterday that he is “increasingly convinced Trump created AOC in a laboratory to provide a comic foil.” Whether or not Alexandria Ocasio-Cortez was created by Trump in …
Read More
Davos’ false dichotomies
I’m a globalist, you are a globalist, everyone’s a globalist (the term I don’t particularly rate, since like “neo-conservative” in the last decade, it has become a little more than …
Read More
Do Australians have more fun?
Bari Weiss, one of the few sane, non-left people allowed to write op-eds for “The New York Times”, has just come back from Australia and penned this interesting perspective on …
Read More
20 Best Books I’ve Read in 2018
Happy New Year to The Daily Chrenk readers. If 2018 sucked for you, as it did for many people I know, keep marching on, onward and upward; if it was …
Read More
Three reasons the Liberal Party is heading for the slaughter
Try as I might I can’t imagine any possible, even unlikely, scenario where the Coalition government in Canberra manages to get returned in the widely expected May 2019 general election. To …
Read More
The economics of the unicorn money
You could probably stop reading after the oxymoron “Bernie Sanders’ economic adviser”, but if you are as tolerant of differing viewpoints as TDC do read on: The radical idea of …
Read More
Drain the swamp, lock her up, build the wall… and break them up
In case Donald Trump needs more of an agenda post-midterms, here’s a helpful suggestion from Glenn Reynolds: I’ve just finished reading Columbia Law professor Tim Wu’s new book on antitrust, …
Read More
Capitalism is a sin
Two weeks ago, two of the world’s biggest leftist celebrities, Michael Moore and Pope Francis, met briefly at the Vatican, at the latter’s weekly general audience. At the time, I …
Read More
Welcome to the middle class, world
While the media has been obsessing about Judge Kavanaugh and whatever President Trump’s latest rude tweet was, Brookings reports on an epoch-making event we’ve all missed: Something of enormous global …
Read More
Till debt do us apart
I feel like the voice crying in the wilderness. I have been writing about government debt, both in the United States and in Australia, for a long time because I …
Read More
Congratulations Poland, you’ve made it!
It’s been a rather rough three centuries for this formerly largest and one of the most powerful countries in Europe. During its golden age, Poland – or the Polish-Lithuanian Commonwealth …
Read More
Not getting Uber rich
Just as I am sceptical of the social claims of tech boosters, I prefer to take my breathless futurism with a grain of salt. Yes, new technology can be disruptive, …
Read More
Public sector workers’ paradise
How many people are employed in Australia by all three levels of government? If you have answered “too many”, you are correct. If you have answered “almost 2 million”, you’re …
Read More
Who’s got the best life?
Over the weekend I come across an article published by the Foundation for Economic Education two years ago, titled “Most of Europe Is a Lot Poorer than Most of the United …
Read More
From minimum wage to maximum bankruptcy
Being a socialist means never having to say sorry – or never having to believe in laws of economic. But laws of economics don’t care if you believe in them …
Read More
Welfare state or open borders – pick one
Two very interesting articles during the week, one from the United States and the other one from Australia, both in reaction to the Swedish election, and both making essentially the …
Read More
When Great is Not Good Enough
Things seem to be going quite well across the United States. The economy is growing consistently at a very healthy rate (eat your heart out, Europe), unemployment keeps falling – …
Read More
Not bigger than Texas
Congratulations, the United States, for the first time in 1973 the world’s biggest oil producer: The feat demonstrates how the US shale oil boom has reshaped the global energy landscape. American oil …
Read More