Nutty macro-economic theories

 Noah Smith at noahopinion ( get it) has a great article on nutty-macroeconomic-theories-will-ruin-your-countrys-economy.

He uses three case studies.

It is a MUST read

nothing can beat solar and batteries at peak times

 this is the title of the article nothing-can-beat-it-the-rise-and-rise-of-solar-and-battery-storage

As Mr Spock used to say fascinating

jobs for the boys

 The Grattan Institute, the best thinktank around, writes heres-a-simple-way-to-stop-governments-giving-jobs-to-mates

Around the Traps 15/7/22

 It is time again for Around the Traps

Aussie,Aussie,Aussie,Oy,Oy,Oy

• Wesley Morgan on will-australias-new-climate-policy-be-enough-to-reset-relations-with-pacific-nations
• Peter Whiteford on do-australians-pay-too-much-income-tax-6-charts-on-how-we-rank-against-the-rest-of-the-world
• renew economy on integrated-wind-and-solar-still-the-cheapest-and-green-hydrogen-costs-falling-fast-csiro, why-australia-does-n-t-need-so-much-storage-in-a-wind-and-solar-grid, slow-expensive-and-no-good-for-1-5-target-csiro-crushes-coalition-nuclear-fantasy, forget-nuclear-and-simplify-electrification-the-message-from-energy-experts, wind-solar-and-battery-supply-chains-vulnerable-to-geopolitical-crises-experts-warn, anu-says-flaws-with-australias-carbon-offset-irrefutable-as-coalition-appointees-resign
• Richard Dennis on australias-farcical-climate-policy-market-forces-to-cut-emissions-and-subsidies-to-destroy-carbon-sinks
• Spencer Zipcak on the-unconscionable-prosecution-of-bernard-collaery-was-an-assault-on-the-values-australia-holds-dear
• Bruce Mountain on labors-renewable-target-is-much-more-ambitious-than-it-seems-we-need-the-best-bang-for-buck-policy-responses
• Stephen Duckett  on we-lost-the-plot-on-covid-messaging-now-governments-will-have-to-be-bold-to-get-us-back-on-track
• Kevin Bonham on the-spurious-linking-of-one-vote-one-value-of-territory-senators
• Andrew Macintosh et al on australias-central-climate-policy-pays-people-to-grow-trees-that-already-existed-taxpayers-and-the-environment-deserve-better
• Jeff Borland on 3-5-unemployment-australias-jobless-rate-at-its-lowest-since-1974

Northern America

• Ian Millhiser on supreme-court-rule-of-law-abortion-voting-rights-guns-epa
• Peter Sinclair on how-texas-shaky-grid-could-make-another-black-swan-for-supply-chains
• Nate Silver on maybe-dobbs-did-change-the-race-well-need-more-time-to-know-for-sure
• Molly Olmstead on sarah-matthews-jan-6-hearings
• public notice on scotus-tyranny-dobbs-kennedy-bremerton Thanks Brad
• calculated risk on cleveland-fed-median-cpi-increased-07
• Dylan Mathews on inflation-paul-volcker-shock-recession-1970s
• Madelaine Ngo on inflation-cpi-economy-prices
• Mark Stern on amy-coney-barrett-abortion-supreme-court-blunders
• David Cole on egregiously-wrong-the-supreme-courts-unprecedented-turn
• Sussan Glasser on letter-from-bidens-washington/a-president-asking-for-civil-war
• Mathew Winkler on inflation-alarm-bells-are-actually-getting-softer thanks Brad
• noahopinion on the-8-interest-rate-scenario-is-still-in-play
• new deal democrat on a-bad-june-cpi-report
• Nathaniel Rakich and Tony Chow on ron-desantis-drew-florida-an-extreme-gerrymander
• the conversable economist on technology-and-job-categories-in-decline
• Menzie Chinn on texas-electricity-generation-in-crises

Europe

• Anne Twomey on why-is-boris-johnson-still-uk-prime-minister-and-how-might-he-be-replaced
• Fred Kaplan on boris-johnson-britain-world-stage
• Robert Horvath on is-vladimir-putin-the-greatest-russophobe-of-all
• the debateable land on things-fall-apart Thanks Brad
• Mainly Macro on the-king-is-dead-long-live-king
• Anne Applebaum on russia-war-crimes-terrorism-definition

Asia

• Teesta Prakesh on abe-shinzo-quad-stands-his-indo-pacific-legacy
• noahopinion on abe-shinzo-a-retrospective
• Denghua Zhang and Eric Frecon on china-factor-france-s-growing-engagement-peaceful-sea
• David Walton on abe-shinzo-australia-best-friend-asia
• Peter Layton on answering-china-s-south-china-sea-flying-safety-challenge
• noahopinion on why-sri-lanka-is-having-an-economic-crisis
• Andrew Macleod on when-people-say-the-west-should-support-taiwan-what-exactly-do-they-mean
• Ryosuke Hanada on abe-s-drive-bring-back-japan
• Joanne Gray and Yi Wang on chinas-big-tech-problem-even-in-a-state-managed-economy-digital-companies-grow-too-powerful
• Niro Kindosamy on sri-lankas-crisis-is-not-just-about-the-economy-but-a-long-history-of-discrimination-against-minority-groups
• Syed Fazl-E-Haider on is-pakistan-heeding-warning-signs-sri-lanka 

Wonk

• Craig Mark on shooting-of-shinzo-abe-is-a-huge-shock-for-japan-and-the-world
• Tim Harford on learning-to-think-well-involves-hearts-as-well-as-minds
• Eric Kramer on is-classical-liberalism-anti-democratic-spoiler-alert-yes
• Brad De Long on morning-procrastination-leon-trotsky
• Rob Mainwaring on australian-labor-isnt-alone-parties-of-the-left-are-making-a-comeback
• noahopinion on on-bullshit-in-investing
• the conversable economist on pandemic-policy-support-jobs-or-workers, some-economics-of-blockbusting
• political junkie on the-new-neo-conservatives Thanks Brad
• Ashwin Swaminathan on how-soon-can-i-get-covid-again-experts-now-say-28-days-but-you-can-protect-yourself
• Tyler Cowen on david-neumark-and-peter-shirley-on-the-minimum-wage-literature
• Nick Gruen on economic-ideas-and-policy-outcomes-ross-garnauts-gruen-lecture

General

• Tom van Laer and Davide Orazi on its-not-nostalgia-stranger-things-is-fuelling-a-pseudo-nostalgia-of-the-1980s
• Michael Ward on what-is-foot-and-mouth-disease-why-farmers-fear-apocalyptic-bonfires-of-burning-carcasses
• Martin Bairstow on james-webb-telescope-a-scientist-explains-what-its-first-amazing-images-show-and-how-it-will-change-astronomy
• Anthony Lagain on there-are-94-million-craters-on-mars-scientists-found-the-one-this-meteorite-called-home
• Cherine Fahd on how-the-james-webb-deep-field-images-reminded-me-the-divide-between-science-and-art-is-artificial
• Karl Grazebrook and Simon Driver on two-experts-break-down-the-james-webb-space-telescopess-first-images-and-explain-what-weve-already-learnt

Climate

• Moyhu on june-global-surface-templs-up-0112-from-may
• Real Climate on the-cos2-problem-in-six-easy-steps-2022-update
• Richard Jones on we-studied-how-the-antarctic-ice-sheet-advanced-and-retreated-over-10-000-years-it-holds-warnings-for-the-future
• Met Office on its-warmer-than-average-but-what-is-average

Andrew Gelman ( mainly stats)

• columbia-loses-its-no-2-spot-in-the-u-s-news-rankings
  
• gaurav-soods-review-of-the-book-noise-by-kahneman-et-al-in-writing-about-noise-in-human-judgment-the-authors-didnt-wrestle-with-the-problem-of-noise-in-behavioral-science-research
  
• forking-paths-in-the-estimate-of-the-value-premium
  
• clearing-up-confusions-about-the-interpretation-of-logistic-regression-coefficients-on-the-probability-scale
  
• dont-go-back-to-rockville-possible-scientific-fraud-in-the-traffic-model-for-a-highway-project
  
• j-robert-lennon-on-working-with-your-closest-collaborator
  
• the-messy-reality-in-between
  
• how-much-should-theories-guide-learning-through-experiments
  
• Kaiser Fung on what-is-ab-testing

Econometrics

• Freakometrics on the scientific approach in the time of crisis, on consequences of goodhardts law, collaborative insurance and network structure

Dianne Coyle ( quirky + book reviews)

• profit-and-time
  
• politics-by-numbers
  
• what-comes-after-the-knowledge-economy
  
• casting-off-the-digital-chains
  
• ethics-culture-and-economics
  

Vox Wonk

• financial-crises-drivers-populism
  
• europe-s-growing-league-small-corporate-bond-issuers
  
• using-machine-learning-assess-impact-deep-trade-agreements
  
• social-media-influences-mainstream-media
  
• economic-incentives-and-cognitive-skill
  
• covid-19-federal-assistance-state-and-local-governments-and-its-consequences
  
• ecb-speeches-and-trust
  
• covid-19-federal-assistance-state-and-local-governments-and-its-consequences
  
• declining-within-and-across-village-risk-sharing-rural-china
  
• stagflation-debt-crises
  
• declining-within-and-across-village-risk-sharing-rural-china
  
• climate-change-risks-sovereign-debt
  
• innovation-response-covid-crisis-new-ebook
  
• trade-volatility-and-role-specialisation-and-diversification
  
• post-disaster-policies-expose-more-people-disaster-risks
  

What to do with Omicron?

 Stephen Duckett from the highly esteemed Grattan Institute writes on we-lost-the-plot-on-covid-messaging-now-governments-will-have-to-be-bold-to-get-us-back-on-track

I for one thinks reinforcing social distancing of 1.5 metres together with the wearing of masks when not outside should be a boon to fighting omicron

Boris Johnson

 Boris Johnson is going.

A few thoughts from:

• Simon Wren-Lewis
• Matthew Parris and Ian Dunt

They are all critics but Ian Dunt was on the money about Boris to start with.

More on renewables in OZ

 A couple of articles on the future of energy in Australia.

• integrated-wind-and-solar-still-the-cheapest-and-green-hydrogen-costs-falling-fast-csiro
  
• why-australia-does-n-t-need-so-much-storage-in-a-wind-and-solar-grid
  
• slow-expensive-and-no-good-for-1-5-target-csiro-crushes-coalition-nuclear-fantasy
  
• forget-nuclear-and-simplify-electrification-the-message-from-energy-experts
  

Nothing has changed except we might not need as much storage as we thought previously.