The UK wind debate assumes that wind farms operate at roughly their average output most of the time. According to Dr. Capell Aris’ new paper produced in concert with the Scientific Alliance this is not true. Power comes only extremely intermittently and variably and there are long periods of negligible efficiency in the long winter months when power is most needed. A 10GW wind fleet would need approximately 9.5GW of fossil capacity to guarantee its output.
Gamergate is one of the most interesting cultural issues that has appeared in years. It is a rare time that the losing side of the culture war has put up a good fight. But the anti-gamergate side will win, because Progress always wins. I’ll try and give a concise guide to gamergate, what’s at stake, where it came from, and why exactly it is that it will lose.
Members of Parliament may talk a good talk about their desire to support entrepreneurship in the UK, but in practice there are multiple, competing policy options open to them – whether this is increasing tax breaks, spending more in various ways or cutting regulation. Due to the limited time and resources available to government it matters where the sympathies of our representatives lie within the context of the current policies already in force. Parliamentary Snapshot: MPs on Entrepreneurship is the first survey to uncover the views of MPs on policies impacting entrepreneurs, providing useful insights on the opinions and working knowledge of the House of Commons.
An independent Scotland using the pound outside of a currency union would have a more stable financial system and economy than it has now or than a currency union could provide, argues Sam Bowman. ‘Adaptive sterlingization’ – a combined policy of unilateral use of GBP without a formal currency union and reform of Scottish banking regulations – would reduce risk-taking and increase competition in banking, significantly reducing the prospect of large-scale bank panics and financial crises. The ‘dollarized’ economies of Latin America – Panama, Ecuador and El Salvador – provide strong modern-day evidence that banking systems do better without central lenders of last resort.
I spoke at Brighton University as part of their seminar series on neo-liberalism. The term ‘neo-liberal’ is usually used in a derogatory sense, though I chose not to use it that way. I was the only speaker in the series to speak in favour of neo-liberal ideas, and my title was “Looking At the World Through Neo-Liberal Eyes.” I began by quoting an old Chinese proverb: “Never criticize a man until you have walked a mile in his shoes. That way you are a mile away when you voice your criticism; and you have his shoes.” I invited the audience to see the world briefly as it looks through neo-liberal eyes. These were the points I made.