Celebrating humanity's flourishing through the spread of capitalism and the rule of law
06 Feb 2026 Leave a comment
in applied price theory, fiscal policy, macroeconomics, politics - USA, public economics Tags: taxation and entrepreneurship, taxation and investment
The death tax presumably is the most destructive tax on a per-dollar-collected basis, but I suspect the capital gains tax is in second place. Like the death tax, the capital gains tax is pure double taxation, thus exacerbating the tax code’s bias against saving and investment. And the capital gains tax is particularly foolish since […]
Part I(b): Yes, Taxes Change Behavior
06 Feb 2026 Leave a comment
in applied price theory, econometerics, industrial organisation, international economics, politics - New Zealand Tags: China, free trade, free trade agreements, tariffs
New Zealand was the first Western developed country to sign a free trade agreement with China, and it came into force in 2008. At the time, the New Zealand government estimated an increase in exports to China of between NZ$225 million and NZ$350 million (between US$180 million and US$280 million), and Ministry of Foreign Affairs…
The economic impacts of the 2008 NZ-China Free Trade Agreement
05 Feb 2026 Leave a comment
in defence economics, economic history, International law, war and peace Tags: Germany, World War I, World War II
05 Feb 2026 Leave a comment
in economic history, economics of climate change, economics of natural disasters, economics of regulation, energy economics, environmental economics, environmentalism, global warming, movies, politics - USA Tags: climate activists, climate alarmism
Jan. 24 marked the 20th anniversary of the release of Al Gore’s alarmist global warming movie “An Inconvenient Truth.” Gore has surfed the movie and climate alarmism to a net worth estimated at $300 million and a Nobel Peace Prize.
STEVE MILLOY: 20 Years After ‘An Inconvenient Truth’
05 Feb 2026 Leave a comment
in applied price theory, econometerics, international economics, politics - USA Tags: free trade, tariffs
One of the predictions made by economists when President Trump announce the start of his freewheeling tariff policies in April 2025 was that the costs of the tariffs would ultimately be passed through to consumers, leading to overall higher inflation. Well, President Trump has been tossing out tariff threats, keeping some and withdrawing others. However,…
Tariffs and Inflation: Where Are We?
04 Feb 2026 Leave a comment
in economics of religion, liberalism, politics - New Zealand Tags: Freedom of religion
About this time a week ago, the New Zealand Police released a statement to report that two people had died in a helicopter crash north of Wellington earlier in the day. Work was under way to recover the deceased and to examine the crash scene, near the Battle Hill regional park. The statement included: Police […]
Iwi ensure respect is shown to a crash site – but how are the beliefs of crash victims and their families respected?
04 Feb 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: Germany
Germany approaching energy state of emergency…shutdown of heavy industries. The consequence: another economic body blow the country cannot afford…gross policy negligence
One Reason Only For Germany’s Heating Gas Crisis: Its Hardcore-Dumbass Energy Policy
04 Feb 2026 Leave a comment
in applied price theory, budget deficits, economic growth, economic history, fisheries economics, history of economic thought, income redistribution, industrial organisation, international economic law, international economics, macroeconomics, politics - USA, Public Choice, rentseeking Tags: free trade, tarrifs
Donald Trump, who describes himself as “Tariff Man,” recently wrote a column in defense of his protectionist trade policy for the Wall Street Journal. After reading the column, my first thought was that Trump was trying to show he is more economically illiterate than Joe Biden (a big challenge, as seen here and here). And […]
Debunking Trump’s Error-Filled WSJ Column
04 Feb 2026 Leave a comment
in economics of education, liberalism, Marxist economics Tags: voter demographics
That the radical right calls itself “conservative” is one of the most successful acts of political re-branding in modern history. The label has stuck so firmly that many people now treat the two as interchangeable. Yet historically, philosophically, and temperamentally, they are opposites. This confusion is not confined to the uninformed. Journalists who ought to know better […]
The radical right is not conservative
03 Feb 2026 Leave a comment
in entrepreneurship, history of economic thought, industrial organisation, law and economics, politics - USA Tags: competition law
The proposed acquisition of Warner Bros. Discovery (WBD) assets by Netflix is already being cast as a landmark antitrust “test case.” If past deals are any guide, the critiques will follow a familiar script: narrow market definitions, selective data points, and headline-friendly market-share claims designed to trigger alarm. Yet in a video ecosystem defined by…
Netflix, WBD, and the Myth of the Streaming Monopoly
03 Feb 2026 Leave a comment
in liberalism, Marxist economics, politics - USA Tags: regressive left
This column by Andrea Vance was actually last March but I only just discovered it, and it is so good it needs repeating. She writes: In the Chlöe Swarbrick era, the Greens have been reduced to a caucus of anarkiddies posting out a flood of social-justice clickbait. They indulge in culturally progressive obsessions, moored in…
Vance on the Greens
03 Feb 2026 Leave a comment
in economics of bureaucracy, economics of crime, labour economics, labour supply, law and economics, politics - USA, Public Choice Tags: economics of immigration
One way of looking at the a policy of increased ICE enforcement of US border security is as a debate over decision error costs. The expressed goal is to remove the worst of the worst criminals. Few would disagree with this goal. However, in this dragnet, immigrants without criminal backgrounds have also been detained. The…
Border Security Type I and Type II Errors
02 Feb 2026 Leave a comment
Updated 3.20pm Business generally works out when to cut losses because the risks of failure are too high for shareholders and workers. Government on the other hand are very slow, regardless of stripe. Grant Robertson got very grumpy with KiwiRail re the ship and ferry land side infrastructure and should have stopped or changed it, […]
Cutting losses – governments too slow to learn
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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