New Rule: Clash of Civilizations | Real Time with Bill Maher (HBO)
20 Sep 2026 Leave a comment
in defence economics, economics of crime, economics of religion, International law, law and economics, laws of war, politics - USA, war and peace Tags: war against terror
Scott Freeman on monetarism again
20 Sep 2026 Leave a comment
in business cycles, econometerics, economic growth, economic history, history of economic thought, macroeconomics, monetarism, monetary economics Tags: monetary policy
The economics of pricing AFL Finals tickets
20 Sep 2026 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, sports economics
In my ECONS101 class, we have a topic that is devoted to understanding pricing and business strategies that deviate from the ideal ‘marginal revenue equal to marginal cost’ approach to pricing for firms with market power. In particular, I focus part of the topic on firms that price below the short-run profit-maximising price for strategic…
The economics of pricing AFL Finals tickets
The Commerce Commission goes rafting
20 Sep 2026 Leave a comment
in applied price theory, industrial organisation, law and economics Tags: competition law, merger law enforcement
Back in June, the Commerce Commission ruled on the case of a proposed merger between three commercial rafting operators in Rotorua. As the New Zealand Herald reported (in August):The Commerce Commission has approved the merger of Rotorua’s three commercial rafting operators, much to the pleasant surprise of those behind the bid.The ruling, finalised in June, came…
The Commerce Commission goes rafting
Aberdeen hydrogen bus fleet sold for just 6% of original public investment
19 Sep 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: British politics
Last year, I reported how all of these buses had been mothballed because of a lack of hydrogen supply in Aberdeen. Presumably the eco-nutters thought it came out of thin air! The post Aberdeen hydrogen bus fleet sold for just 6% of original public investment appeared first on Watts Up With That?.
Aberdeen hydrogen bus fleet sold for just 6% of original public investment
Report: California’s Proposed ‘Billionaire Tax’ Is Based on Bad Research
19 Sep 2026 Leave a comment
in fiscal policy, macroeconomics, Marxist economics, politics - USA, public economics Tags: California, taxation and entrepreneurship, taxation and investment
The planned wealth tax leads slightly in the polls and is already driving capital flight.
Report: California’s Proposed ‘Billionaire Tax’ Is Based on Bad Research
Who values democracy?
19 Sep 2026 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, econometerics, economic history
This paper examines the conventional view that redistribution is central to the democratization process using data from stock markets. Consistent with this view, democratizations have a large, negative impact on asset valuations driven by a rise in redistribution risk. Across 90 countries over 200 years, risk premia are substantially elevated— similar in magnitude to financial…
Who values democracy?
News drives business cycles
19 Sep 2026 Leave a comment
in business cycles, economic growth, history of economic thought, macroeconomics, monetary economics
Taking Us for Fools
18 Sep 2026 Leave a comment
in economics of climate change, economics of information, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
How a turnkey method attributes any trend to climate change
Taking Us for Fools
Why Papua New Guinea is so interesting
18 Sep 2026 Leave a comment
in development economics, economic history, growth disasters Tags: PNG
And this leads to the most interesting part of this story: how the highlanders were so isolated for so long. I want to acknowledge that the highlanders were not completely, hermetically sealed off from the outside world – it’s just that knowledge of outside world never actually made it to them or vice versa. Over…
Why Papua New Guinea is so interesting
Climate Doomsters Undone by Geology
18 Sep 2026 Leave a comment
in economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
At American Greatness, Leslie Matthews reviews a new book by geologist Gregory Wrightstone: A Very Convenient Warming. Excerpts with my bolds and added images. Climate doomerism rests on far shakier ground than its confidence would suggest. Few books arrive with a thesis as deliberately provocative as its title. Gregory Wrightstone’s A Very Convenient Warming: How…
Climate Doomsters Undone by Geology
Bruce D. Smith on monetarism
18 Sep 2026 Leave a comment
in applied price theory, budget deficits, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: monetary policy
Unity Mitford-Hitler’s groupie
18 Sep 2026 Leave a comment
in defence economics, war and peace Tags: British politics, Nazi Germany
Unity Valkyrie Freeman-Mitford (8 August 1914 – 28 May 1948) was an English socialite best known as a devotee of Adolf Hitler. Both in Britain and Germany, she was a prominent supporter of Nazism and fascism, and formed part of Hitler’s inner circle of friends.Following the declaration of World War II, Mitford attempted suicide in Munich, and was officially allowed safe […]
Unity Mitford-Hitler’s groupie
The Growth of Big Business: 1900-2020
18 Sep 2026 Leave a comment
in development economics, econometerics, economic history, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
Big firms are playing a larger role in the US economy–but also in the economies of high-income countries around the world. Yueran Ma, Mengdi Zhang, and Kaspar Zimmermann compile the evidence in “Business Concentration Around the World: 1900-2020” (University of Chicago Becker-Friedman Institute for Economics, February 27, 2026, the link offers a readable overview and a followup link…
The Growth of Big Business: 1900-2020
Utopia, you are standing in it! 
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