Conversation with global warming skeptic Anthony Watts


Published on Sep 17, 2012

Spencer Michels interviews one of the nations’s most read climate skeptics Anthony Watts. Watts believes much of the data used to support global warming theories is faulty. The big problem, as Watts sees it, is that the stations were temperatures are gathered are too close to urban developments where heat is soaked up and distorts the readings. So it looks like the earth is warming though it may not be.

Public Choice Theory: Why Government Often Fails


Published on Oct 9, 2017

Governments don’t work the way most people think they do. Public choice theory explores how voters, politicians, and bureaucrats actually make decisions. Prof. Antony Davies explains. SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: Behavioral Economics Ep. 5: What You Need to Know About Public Choice (video): Erika Davies and Prof. Antony Davies give an introduction to public choice economics and describe how insights on human behavior in the private sector can be applied to predict human behavior in the public sector. https://www.youtube.com/watch?v=FcLGU… Public Choice: Why Politicians Don’t Cut Spending (video): Prof. Ben Powell uses insights from public choice theory to explain why politicians, despite what they may promise to voters, rarely cut government spending. https://www.youtube.com/watch?v=6uR4l… Schools of Thought in Classical Liberalism, Part 3: Public Choice (video): Dr. Nigel Ashford gives a brief overview of the intellectual figures and ideas associated with public choice theory; part of a larger series on schools of thought in the classical liberal tradition. https://www.youtube.com/watch?v=ffJFN…

 

 

Introduction to bonds | Stocks and bonds | Finance & Capital Markets | Khan Academy


Published on Sep 28, 2013

What it means to buy a bond. Created by Sal Khan.

 

Economic Freedom of the World | Learn Liberty


Published on Sep 7, 2011

Do you prefer the world of Adam Smith or the world of Karl Marx? Prof. Robert Lawson tells the story of his numerous discussions about this very question with his friends in college. Even after years of theoretical discussion with his friends, a conclusion was never reached between them. Prof. Robert Lawson now works on the Economic Freedom of the World project, which is an empirical study that attempts to answer this same question. In order to do this, the study compares data related to economic freedom and quality of life. It finds that countries with institutions resembling those advocated by Adam Smith tend to provide the highest quality of life to its citizens. The latest edition of the Economic Freedom of the World report can be found here: http://www.freetheworld.com/release.html

BIS – The Central Bank of Central Banks


 

QUESTION: Could you please tell us more about the bank of the national banks (BIS) located in Swiss?
Many thanks for your information. I love to read your blog first thing in the morning!!!

JS

ANSWER: The Bank for International Settlements (BIS) was originally established to handle the reparation payments of Germany. It was also supposed to facilitate cooperation among the central banks. However, it had no real power to compel them to do anything, which was demonstrated by France who refused to agree with the other member concerning the reparation payments of Germany. The BIS was created in 1930 at the Hague Conference. A convention respecting the establishment of the BIS was signed between Belgium, France, Germany, Italy, Japan and the United Kingdom on the one hand, and Switzerland on the other. The BIS is owned by 60 central banks, representing countries from around the world that together account for about 95% of world GDP. It is the central bank for central banks.

The BIS does have a full range of traditional short-term instruments, denominated in reserve currencies. The BIS instruments allow customers to meet cash management objectives. They also provide tradeable instruments that are widely used by reserve managers seeking credit quality, which they will issue in major currencies along the yield curve. The paper is 1 to 5 years in maturity.

 

Parkland SRO Arrested – Child Negligence, Culpable Negligence and Perjury Charges…


The school resource officer, Scot Peterson, who did not respond during the shooting Marjory Stoneman Douglas High School last year, has been arrested on negligence, child neglect and perjury charges.

(NBC6 Miami) […]  Peterson, 56, was arrested in Broward County on seven counts of neglect of a child, three counts of culpable negligence, and one count of perjury, Florida Department of Law Enforcement officials said.

The arrest comes after a 15-month investigation into the actions of law enforcement after the Feb. 14, 2018 shooting at the school that killed 17 students and staffers and left 17 others injured. Peterson was the school resource officer at MSD High School during the shooting.

“The FDLE investigation shows former Deputy Peterson did absolutely nothing to mitigate the MSD shooting that killed 17 children, teachers and staff and injured 17 others,” FDLE Commissioner Rick Swearingen said in a statement. “There can be no excuse for his complete inaction and no question that his inaction cost lives.”  (read more)

CTH previously outlined how Broward County school police officers were primarily positioned to mitigate issues with criminal student engagement.

The Broward County diversionary school discipline program known as the “Promise Program” gained scrutiny after the Parkland shooting left 17 students dead.

The unstable shooter was identified as a prior benefactor of a county school district policy to reduced crime rates by exchanging criminal punishment for school discipline.

Many readers are aware CTH spent almost two years researching this practice in both Miami-Dade and Broward County.  The downstream consequences were predictable when it first began; unfortunately, no-one wanted to accept the warnings – and the corruption is was systemic within the School and Police leadership, there’s was little hope to ever see it change.

William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour


Published on Nov 27, 2012

William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour. WILLIAM ACKMAN, Activist Investor and Hedge-Fund Manager We all want to be financially stable and enjoy a well-funded retirement, and we don’t want to throw out our hard earned money on poor investments. But most of us don’t know the first thing about finance and investing. Acclaimed value investor William Ackman teaches you what it takes to finance and grow a successful business and how to make sound investments that will get you to a cash-comfy retirement. The Floating University Originally released September 2011. Additional Lectures: Michio Kaku: The Universe in a Nutshell http://www.youtube.com/watch?v=0NbBjN…

Introduction to the income statement | Stocks and bonds | Finance & Capital Markets | Khan Academy


Published on Aug 19, 2009

The income statement, revenue, gross profit, operating profit, net income, ROA and ROE. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics… Missed the previous lesson? Watch here: https://www.khanacademy.org/economics… Finance and capital markets on Khan Academy: Life is full of people who will try to convince you that something is a good or bad idea by spouting technical jargon. Most of them have no idea what they are talking about. Don’t be one of those people or their victims when it comes to stocks. From P/E rations to EV/EBITDA, we’ve got your back! About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We’ve also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything

More on balance sheets and equity | Housing | Finance & Capital Markets | Khan Academy


Published on Mar 15, 2008

What happens to equity when the value of the assets increase or decrease? Created bySal Khan. Watch the next lesson: https://www.khanacademy.org/economics… Missed the previous lesson? Watch here: https://www.khanacademy.org/economics… Finance and capital markets on Khan Academy: This old and badly drawn tutorial covers a topic essential to anyone planning to not live in the woods — your personal balance sheet. Since homes are usually the biggest part of these personal balance sheets, we cover that too. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We’ve also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything

When Will Interest Rates Rise?


QUESTION: In the recent past you have spoken about rising interest rates in the USA being imminent. Just wondering where we stand on that front as rates have been in a downtrend since peaking last fall?

Thanks,

Pete

ANSWER: The rise in interest rates comes with the turn in the ECM in January. However, what you have to understand is there will be a divergence between private and public rates. The central banks really cannot raise rates without creating a budget crisis. The more likely outcome is that governments are losing their ability to borrow in the real market. The public rates are more likely to become simply pegs that render them useless in all practical terms. We have already witnessed this in Europe. The central bank created negative interest rates. All they have done is to kill the viable domestic bond markets.