Celebrating humanity's flourishing through the spread of capitalism and the rule of law
01 Sep 2026 Leave a comment
in applied price theory, Austrian economics, economics of information, entrepreneurship, F.A. Hayek, history of economic thought, industrial organisation, Ludwig von Mises, market efficiency, Ronald Coase, Ronald Coase, Ronald Coase, theory of the firm
The wealth and technological sophistication of modern society are readily apparent. Less visible, but no less remarkable, is its ability to coordinate the actions of billions of people who know almost nothing about one another’s circumstances. Every day we make decisions without possessing most of the information on which those decisions ultimately depend. We purchase…
‘The Use of Knowledge in Society,’ by Friedrich A. Hayek
01 Sep 2026 Leave a comment
in applied price theory, econometerics, history of economic thought, industrial organisation, labour economics, labour supply Tags: competition law, monopsony
The American evidence is that they frequently do not. For over a century there was a separate Department of Labour, which was amalgamated into that vast miscellaneous department, the Ministry of Business, Innovation and Employment. Today there is no Minister of Labour, while the portfolios of workplace relations and safety and of immigration are held […]
Do labour markets behave like competitive markets?
31 Aug 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate activists, climate alarmism
Video of Dr David Deming’s statement to the U.S. Senate Committee on Environment & Public Works on December 6, 2006. Dr Deming reveals that in 1995 a leading scientist emailed him saying “We have to get rid of the Medieval Warm Period”. A few years later, Michael Mann and the IPCC did just that by…
Throwback Sunday: “We have to get rid of the Medieval Warm Period!”
31 Aug 2026 Leave a comment
in economics of education, energy economics, human capital, labour supply, poverty and inequality
31 Aug 2026 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, global financial crisis (GFC), great recession, history of economic thought, labour economics, macroeconomics, public economics, unemployment
31 Aug 2026 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, income redistribution, Public Choice, rentseeking
Since the COVID-19 pandemic and the political upheavals that followed, concerns have grown that many Western democracies face authoritarian pressure and are becoming less democratic. This shift has renewed interest in one of political science’s most influential frameworks for understanding democratic and nondemocratic rule: Selectorate Theory, developed by Bruce Bueno de Mesquita, Alastair Smith, Randolph…
‘The Logic of Political Survival,’ by Bruce Bueno de Mesquita, Alastair Smith, Randolph M. Siverson & James D. Morrow
30 Aug 2026 Leave a comment
in television, TV shows
In yesterday’s “Real Time” comedy-and-politics bit, Bill Maher calls attention to the fact that much of the real work in Congress isn’t done by the older Senators and Representatives, but rather by their staff, who may be “too young.” In other words, the 20-somethings are writing the bills, and, as Maher said, “the kids are…
Bill Maher’s “new rule”: the young are puppeteering the lunatrocracy
30 Aug 2026 Leave a comment
in labour economics, labour supply, law and economics, politics - USA Tags: economics of immigration, free speech
The decision goes further than other similar recent rulings.
Federal Court Rules Speech-Based Deportations Violate the First Amendment
30 Aug 2026 Leave a comment
in applied price theory, industrial organisation
Retailers often mark down seasonal merchandise to clear inventory, but how big should the discount be? An Impact Analytics article describes a clothing retailer that initially discounts winter coats by 20%, observes the resulting sales, and then increases the discount to 35% when inventory remains too high. This is a simple pricing decision in which…
How Low Should Seasonal Discounts Be?
30 Aug 2026 Leave a comment
in economics of regulation, politics - USA, transport economics Tags: space
If our country is serious about returning to the Moon, reaching Mars, and maintaining its leadership in the new space race, it cannot allow launch pads, range scheduling, and reentry capacity to become the bottlenecks. The post Trump Space Policy Targets 1,000 U.S. Launches, Reentries Annually by 2030 appeared first on Watts Up With That?.
Trump Space Policy Targets 1,000 U.S. Launches, Reentries Annually by 2030
30 Aug 2026 Leave a comment
in development economics, economic growth, economic history, growth miracles, history of economic thought, macroeconomics Tags: Chile
In 2012, I wrote that pro-market reforms had turned Chile into the Latin Tiger. But two years later, in 2014, I wrote a column fretting that a recently elected left-leaning government was going to undermine prosperity. Based on the Maddison data, my concerns were justified. The country’s economic performance can be divided into three periods. […]
Can Chile Once Again Become the Latin Tiger?
29 Aug 2026 Leave a comment
Tweet… is from page 318 of Thomas Sowell’s 2002 collection, Controversial Essays: The next time some academics tell you how important “diversity” is, ask how many Republicans there are in their sociology department. The post Quotation of the Day… appeared first on Cafe Hayek.
Quotation of the Day…
29 Aug 2026 Leave a comment
in discrimination, economics of crime, law and economics, liberalism, Marxist economics, politics - USA Tags: free speech, Israel, Middle-East politics, political correctness, racial discrimination, regressive left, war against terror
There was a curious moment this week when Michigan Senate nominee Abdul El-Sayed expressed shock that people were asking him…
Abdul El-Sayed and the Piker Problem
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
A blog (primarily) on Canadian and Commonwealth political history and institutions
Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
Articles and research from the History of Parliament Trust
Reflections on books and art
Posts on the History of Law, Crime, and Justice
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Exploring the Monarchs of Europe
Cutting edge science you can dice with
Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
Utopia, you are standing in it! 
Recent Comments