Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Apr 2026 Leave a comment
A new report on social cohesion was released on Thursday. The survey results in it are far from boring or inconsequential. Amongst screeds of important data, two big numbers stand out: 28% of New Zealanders are now in what the report calls the “alienated” camp of politics, and 44% of New Zealanders think the political […]
New Zealand’s alienated 28%
28 Apr 2026 Leave a comment
in applied price theory, international economics
Tweet… is from this recent post at Marginal Revolution by my colleague Alex Tabarrok: The trade accounts are among the most pernicious statistics ever collected. The post Bonus Quotation of the Day… appeared first on Cafe Hayek.
Bonus Quotation of the Day…
28 Apr 2026 Leave a comment
in defence economics, economics of information, economics of media and culture, laws of war, war and peace Tags: Israel, Lebanon, media bias, Middle-East politics, regressive left, war against terror
Two weeks ago, we complained to Sky News editors about an April 11 interview with Israel’s UN Ambassador Danny Danon by presenter Yalda Hakim,… The post Sky News issues on-air correction about Lebanon death toll appeared first on CAMERA UK.
Sky News issues on-air correction about Lebanon death toll
28 Apr 2026 Leave a comment
in discrimination, labour economics, Thomas Sowell
Tweet… is from page 125 of Thomas Sowell’s 1999 book, Barbarians Inside the Gates: Ironically, both affirmative action and the argument for genetic inferiority of blacks use the same logic. They assume that statistical results not explainable by obvious gross differences must be explainable by the underlying factor they prefer to believe in. DBx: Indeed.…
Quotation of the Day…
28 Apr 2026 Leave a comment
in applied price theory, economic history, industrial organisation, labour economics, labour supply Tags: creative destruction
Everyone knows the Luddites smashed looms. What is less appreciated is that the loom was the first serious programmable device — the direct ancestor of the computer. Thus, the Luddites weren’t just the first to resist automation. They were the first to attack AI. The Jacquard loom, introduced in France circa 1805, used a chain…
The Luddites Were the First to Attack AI
27 Apr 2026 Leave a comment
in applied price theory, economic history, entrepreneurship, history of economic thought, industrial organisation Tags: industry policy
Tweet… is from page 815 of Richard Nelson’s and Richard Langlois’s February 1983 Science paper titled “Industrial Innovation Policy: Lessons from American History”: A quick reading of the case studies is enough to dash any supposition that technological change is somehow a cleanly plannable activity. In fact, it is an activity characterized as much by…
Quotation of the Day…
27 Apr 2026 Leave a comment
in applied price theory, history of economic thought, international economics
TweetOn page 13 of their 2017 brief in support of “green industrial policy,” Tilman Altenburg and Dani Rodrik write: However, it should be noted that consumers do not respond perfectly to price signals. Even when new products exist that are better in many ways and cheaper, many consumers stick to the bad old alternatives because…
What Does Dani Rodrik Think of Consumers?
27 Apr 2026 Leave a comment
in applied price theory, econometerics, economic history, labour economics, labour supply
In the 1990s, Americans used to work much more than non-Americans. Nowadays, about half of the gap in hours worked has reversed. To evaluate the convergence of working hours, we develop a tractable model of labor supply enriched with multiple sources of heterogeneity across individuals, an extensive margin of participation, multi-member households, and an elaborate…
Why do Americans No Longer Work So Much More Than Non-Americans?
27 Apr 2026 Leave a comment
in applied price theory, economic history, economics of religion
My opening statement for my 2005 debate versus Larry Iannaccone
Why Religious Beliefs Are Irrational, and Why Economists Should Care
26 Apr 2026 Leave a comment
in defence economics, war and peace Tags: World War II
Elbe Day, observed on April 25, commemorates a pivotal moment near the close of World War II in Europe when American and Soviet forces met along the Elbe River in Germany in 1945. This encounter represented far more than a tactical milestone; it symbolized the collapse of Nazi Germany and the temporary unity of two […]
Elbe Day: A Symbolic Meeting at the End of War
26 Apr 2026 Leave a comment
in applied price theory, economics of information, industrial organisation
As I noted in a post last week, firms are increasingly selling subscriptions rather than products because consumer inertia can make them substantially more profitable. Once a customer starts a subscription, they tend not to cancel the subscription as soon as they should, simply because it requires some thought and attention (as well as a…
The Australian government has ‘subscription traps’ in its sights
26 Apr 2026 Leave a comment
in applied price theory, economic history, economics of media and culture, law and economics, Music, property rights Tags: copyrights and patents
For as long as there has been recorded music, there have been attempts to copy, share, and distribute it without paying for it. Music piracy is often painted as a villain in the story of the modern music industry—accused of draining billions in revenue, shuttering record stores, and crippling artist careers. But is that the […]
The History of Music Piracy: Did It Really Hurt the Music Industry?
26 Apr 2026 Leave a comment
in applied price theory, development economics, econometerics, economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
Part 2 of 2 on a damning new paper that takes on the top-down climate-economics literature — “The empirically inscrutable climate-economy relationship”
Cargo Cult Climate Economics
26 Apr 2026 Leave a comment
in applied price theory, economic history, financial economics, history of economic thought, international economics Tags: balance of trade
The trade accounts are among the most pernicious statistics ever collected. It’s long been remarked, for example, that merely by calling something a “deficit” it seems bad even though a current account deficit is matched by a financial account surplus. Put that issue aside, however, because the real problems are much deeper. The international accounts…
The Pernicious Trade Account
25 Apr 2026 Leave a comment
in applied price theory, history of economic thought, industrial organisation, international economics, labour economics, labour supply Tags: India
Tweet… is from page 150 of Columbia University economics professor Arvind Panagariya’s brilliant 2019 book, Free Trade and Prosperity: In India, Bihar is the poorest state and Kerala one of the richest. Going by the Gini coefficient, Bihar is among the states with the least inequality and Kerala among those with the highest inequality. If…
Quotation of the Day…
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
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.
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
Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Restraining Government in America and Around the World
Utopia, you are standing in it! 
Recent Comments