Roundup 16 October

What we really need to learn from Sweden.

It is interesting that progressives like Sanders can look at a rich country like Sweden and automatically conclude that the nation’s high living standards do not result from a laissez-faire past, low levels of national debt, monetary independence, no centrally mandated minimum wage, strong legal protection of property rights, a level-headed central bank, low corporate tax rates, or even Sweden’s gradual move toward more privatization in healthcare, social security, and education.

Hendo’s Media Watchdog.

Science. Alan Moran’s climate roundup. Critique of urban scientific myths.

Culture. The Spectator Culture House. Colouring books for grownups. UK Spectator.

Politics. The 25 craziest statements in the Democrats presidential debate.

Lifestyle. Scary bridge in Japan.

Sport. A bit of fun. I want to be that kid!

For nerds. Favourable comments on Angus Deaton. More commentary on Deaton at Organizations and Markets. With a joke about economists.

I can’t help poking a little fun at the economics profession, however. You may have heard the joke that economists used to win the Nobel prize for explaining to the general public something that previously only economists understood, but now they win it for explaining to their fellow economists something that the general public has always known, e.g.:
•Politicians care about themselves (Buchanan).
•Don’t put all your eggs in one basket (Markowitz, Miller,and Sharpe).
•You can’t fool all of the people all of the time (Lucas).
•Some people know more than others (Akerlof, Spence, Stiglitz).

Deaton’s major insight: aggregate measures of consumption and inequality conceal important differences among individuals.

Opening up The Age of Global Warming: A History, by Rupert Darwall, the quotes at the top of the first page are from von Mises and Popper!

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9 Responses to Roundup 16 October

  1. Nicholas (Rule Yourselves!) Gray says:

    Libertarian International has a weird article by Christopher Booker, about how judges are trying to outlaw dissent from global warming. Being a warming denier might be a criminal offence! Some conference has Western Judges trying to game the system so that you and I will end up fined and/or in jail. I don’t know how effective it will be, but I’ll bet Hanson supports this all the way!

  2. Bruce of Newcastle says:

    What we really need to learn from Sweden.

    That was pretty good, but here is what else we need to learn from Sweden.

    Swedish Police Release Extensive Report Detailing Control Of 55 ‘No-Go Zones’ By Muslim Criminal Gangs

    Well I suppose those areas might qualify as not-Sweden. Not anymore.

    Stockholm Grenade Attack Follows Kurd-Turk Migrant Clashes

    The southern city of Malmo has become a byword for the seemingly ubiquitous grenade attack in Sweden in recent months, with almost 40 hand grenade and other detonations recorded this year. Yet similar such attacks, where property and vehicles are attacked in the dead of night in a series of tit-for-tat reprisals between gangs is new to capital Stockholm, which has seen two explosions in the same neighbourhood in three days.

    Dozens of grenade attacks obviously qualifies as a desirable feature of a socialist utopia.

    Record refugee arrivals overwhelm Sweden

    More refugees have sought asylum in Sweden in 2015 than any other year in the country’s history, with 86,000 people applying for asylum.

    Well ok a few grenade attacks and no go areas isn’t a deterrent. Or maybe they are an attraction. One always likes to live with people like yourself.

    There, that’s Sweden. Now what were we supposed to learn from them again?

  3. Nicholas (Rule Yourselves!) Gray says:

    If you go to ‘Libertarian International’, and see the article by Christopher Booker, you will be amazed and horrified. He thinks some greenie judges are trying to criminalize any action they can call a denial! Global Warming denial will be a crime! If these judges can get away with it.

  4. Infidel Tiger says:

    Sweden is in the pieces of being raped by reality.

  5. Siltstone says:

    Bruce of Newcastle

    During a trip to Denmark, Norway and Sweden recently I found that Australia’s success in stopping illegal entry was well known and, among those I spoke to, praised. However, there was lots of concern that it was getting very late for to turn the situation around in Europe. And this was before Merkels brain snap. Unfortunately it seems Malmo is Europes future.

  6. Austin Mangosteen says:

    The Decline of Sweden

    What we really need to learn from Sweden.

    1950 Sweden was the fourth RICHEST NATION in the world. Sweden’s extraordinary growth during that century rivaled even that of the United States

    Big business looking for government protection worked alongside ambitious politicians and union leaders to force Sweden into adopting socialist policies in the decades following its impressive growth…..Sweden’s current welfare state suppresses household incomes

    In 2007, Professor Mark J. Perry from George Mason University pointed out that if Sweden were to be admitted as a 51st state to the [USA] Union, it would be the poorest state [Mississippi].

    Sweden is now poorer than Mississippi

  7. Infidel Tiger says:

    Sweden is now poorer than Mississippi

    But with a world class rape culture.

    Pity about the food.

  8. Austin Mangosteen says:

    Will Australia follow Sweden?

    In the light of recent events, Sweden is worth investigating. A Swedish immigrant speaks out.

  9. Peter says:

    Deaton’s major insight: aggregate measures of consumption and inequality conceal important differences among individuals.

    Which is why immigration policy matters.

    Because character matters and cannot be measured in $$.

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