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I have "delusions of adequacy."
Interests: economics, policy, theatre, music, hiking, geocaching
Recent Activity
According to TWN [The Weather Network, also referred to as Trono Weather Network by friends in the west], the temperature will immediately rise by two degrees tomorrow night at midnight here in London, ON: The forecast high for tomorrow is 4C, and the forecast low for Wednesday is 6C. These numbers imply a sudden two-degree increase in temperature during the... Continue reading
Posted 2 days ago at EclectEcon
About a decade or so ago, I learned about gratitude. I had felt gratitude often in my life, but I had never felt almost bathed in it. I think the transition came as I began to reflect on all the wonderful things that I had experienced in my life and as I began to stop dwelling on the things that... Continue reading
Posted 3 days ago at EclectEcon
We had a lovely snowfall last night. The trees were beautiful, and I knew what I had to do Snow Stomp Art The inner artist in me awoke at the crack of dawn and dragged me out of bed to do this work, which I call "The House of the Rising Sun". Thanks to Ms Eclectic for taking those photos... Continue reading
Posted 3 days ago at EclectEcon
Long-time readers of EclectEcon may remember this plate. But I've decided to post a photo of it in light of so many vanity plate postings on Facebook. Continue reading
Posted 4 days ago at EclectEcon
From Bjorn Lomborg: The United Nations Climate Change Conference in Paris later this month is being billed as an opportunity to save the planet. It is no such thing. As I show in a new peer-reviewed paper, even if successful, the agreement reached in Paris would cut temperatures in 2100 by just 0.05° Celsius. The rise in sea level would... Continue reading
Posted 5 days ago at EclectEcon
So close and yet so far. They were very close so many times in the past, including 2008. The first few paragraphs of the linked article are somewhat misleading, but here is the substance, transcribed from a video and cited in the article: Abbas marked the settlement blocks that Israel would retain: The Ariel bloc, the Jerusalem-Maaleh Adumim bloc (including... Continue reading
Posted 6 days ago at EclectEcon
As my Facebook friends know, last night I received a bill from our cellular phone service provider (Rogers) for over $11,000. No foolin'. I called Rogers right away, and after having been put on hold for 20 minutes, reached a service representative who looked into the bill. He assured me that Rogers had flagged all the calls we hadn't made,... Continue reading
Posted 7 days ago at EclectEcon
I just read a very lengthy and very informative interview with Israeli historian/journalist, Benny Morris. He has spent decades delving into original sources to collect information, and he pulls no punches. Here are some excerpts, but read the whole thing! Politically, the thing which has changed for me (and you can see that in my journalism), is my view of... Continue reading
Posted Nov 15, 2015 at EclectEcon
Rex Murphy is merciless in his criticism of university administrators' wimpiness: The most recent reports say there is a crisis in child services in the United States. The cost of daycare spaces has reached absolutely astronomic levels. Placement at the University of Missouri, for example, easily breaks the $40,000 threshold. And if your toddler is lucky enough to squeeze into... Continue reading
Posted Nov 14, 2015 at EclectEcon
A year ago today, our great-granddaughter Paytyn was born. Here she is in a photo from yesterday as we were out shopping for some additional items for her first birthday party. Continue reading
Posted Nov 14, 2015 at EclectEcon
If there is a bubble in the Chinese economy, some recent defaults on corporate debt there will be worrying. From the Business Insider, For the past few years, China's companies, banks, and local governments have been loading up on debt. Loans to companies and households stood at a record 207% of gross domestic product at the end of June, up... Continue reading
Posted Nov 12, 2015 at EclectEcon
Central planners do not typically promote health and welfare. Rather, they tend to promote their own careers and their own bureaucracies at the expense of their citizens subjects. The failures of central planning in the soviet era and during Mao in China stand as classic examples. Modern-day examples would include Venezuela, of course. Another modern-day example comes from post-Mao China,... Continue reading
Posted Nov 11, 2015 at EclectEcon
Getting the flu shot every year reduces the marginal or incremental effectiveness of getting one this year. Probablistically getting the vaccine still reduces the likelihood of contracting the flu; it just isn't as effective as it would be if you hadn't had it for several years prior to getting it. See this. [via Jack] Dr. Edward Belongia is among the... Continue reading
Posted Nov 11, 2015 at EclectEcon
From this morning's Daily Alert: Israeli Prime Minister Benjamin Netanyahu told the General Assembly of the Jewish Federations of North America on Tuesday: "No matter what disagreements there are between Israel and the United States, Israel has no better friend than America and America has no better friend than Israel." "I had a very good meeting with President Obama at... Continue reading
Posted Nov 11, 2015 at EclectEcon
A repost of something I wrote over 8 years ago: September 17, 2007 Flanders Fields Yesterday, the community band of which I am a member, played at a decoration ceremony for veterans at a local cemetery. During the ceremony, someone read the well-known poem, In Flanders Fields, by Dr. John McCrae, who was a Lt. Col. in the Canadian Army.... Continue reading
Posted Nov 11, 2015 at EclectEcon
The health-care biz is definitely competitive.... for political favours. JR, my favourite drug dealer, sent me this chart from the WSJ recently: The article was trying to make a point about all the lobbying being done about higher education, but the whopping number that stands out is that there were 3885 lobbyists in the health biz. And when you realize... Continue reading
Posted Nov 10, 2015 at EclectEcon
Bryan Caplan rightly takes Canada to task here. The health exclusion clearly isn't about contagion; it's about socialized medicine. Canadians don't want to pay for foreigners' health care. Why not admit the sick, subject to the proviso that their health care is their own problem? Unthinkable! By the twisted logic of the welfare state, Canadians have to pay for the... Continue reading
Posted Nov 7, 2015 at EclectEcon
In commenting about other people's comments [see this, via Jack] about the economic and social disaster being perpetrated upon the people of Venezuela by the socialist gubmnt, JB [my favourite drug dealer] wrote: "What kind of government does it take to bring a country with the largest oil reserves in the world to the brink of bankruptcy?" Unfortunately, the answer... Continue reading
Posted Nov 6, 2015 at EclectEcon
from Popular Science: #8, if true, would please many. Please let it be correct. 1. We use only a fraction of our brains. Ryan Inzana In 1907, famed psychologist William James claimed, “We are making use of only a small part of our possible mental and physical resources.” A journalist later misquoted him as saying the average person develops only... Continue reading
Posted Nov 5, 2015 at EclectEcon
From Foreign Affairs, Woman accused of adultery stoned to death by Taliban On Wednesday, an Afghan official confirmed the Oct. 24 murder of a 22-year-old Afghan woman accused of adultery (Post, Guardian). The woman, identified only as Rokhshana, was forced to stand in a deep hole in the ground while being stoned in Ghor province, according to governor spokesman Abdul... Continue reading
Posted Nov 4, 2015 at EclectEcon
It is easy to understand why people are confused about global warming issues when different scientists provide different bits of evidence about what is happening. Quite clearly some glaciers are receding [the Athabasca Glacier in Jasper National Park is a good example]. But what is happening with the Polar Ice Caps? Some will tell you all about loss of ice... Continue reading
Posted Nov 4, 2015 at EclectEcon
I love that so many people love bacon. Their high demand for bacon drives up the price of bacon, but then what can butchers do with the rest of the pig after they extract/harvest/slice/what the bacon? The answer, of course, is sell it. It's a classic joint product problem in economics. People want bacon and bid up the price of... Continue reading
Posted Nov 3, 2015 at EclectEcon
Alberto Mingardi has a spot-on post at EconLog about the one-child family implemented by Mao. It made sense back then to those of us who bought into the Malthusian nonsense: People were starving, so create fewer people was the logic. We've since learned that people produce more, too. Julian Simon was an important proponent of this view. And certainly any... Continue reading
Posted Nov 2, 2015 at EclectEcon
Too bad no one has been able to drive a stake through its heart! From Cafe Hayek: … a crisis that, regrettably, helped to breathe unwarranted life into the corpse of Keynesianism. The results are spooky. Great comments following the post, too. Continue reading
Posted Nov 1, 2015 at EclectEcon
When I see kids rewarded for throwing tantrums as parents give in to them, it bugs me. The parents who give in are teaching the kids that "no" doesn't mean "no". It turns out there's a multicultural problem with understanding "no", too. Hoping to combat the disproportionate number of rapes committed by immigrants and their descendants, a number of political... Continue reading
Posted Oct 31, 2015 at EclectEcon