Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Fabius Maximus website Summary: The peak oil hysteria provides rich lessons for us today about learning from activists and the value of listening to our major professional institutions. Easy cynicism led people to believe outlandish forecasts, wasting valuable time and resources. Worse, we have had many such barrages by doomsters — aided by their clickbait-seeking …

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In the last two paragraphs of  ‘Israeli bill targeting leftwing NGOs passes first hurdle’, by the Guardian’s Jerusalem correspndent Peter Beaumont, the focus pivots from the much discussed NGO bill in the Knesset, to more recently proposed legislation. Netanyahu is expected to introduce another bill that would make it possible to suspend sitting MPs for denying…

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The most mystifying bureaucratic rule I have come across is in Western Europe. A number of these countries require entrepreneurs deposit a minimum sum of money in a bank or before a notary up to a month before registration and 3 months after incorporation. If they cannot do this, they cannot start their business lawfully. …

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Originally posted on orgtheory.net:
Last week, fivethirtyeight.com put up a piece titled, “Economists Aren’t As Nonpartisan As We Think.” Beyond the slightly odd title (do we think they’re nonpartisan? should we expect them to be?), it’s an interesting write-up of a new working paper by Zubin Jelveh, Bruce Kogut, and Suresh Naidu. It went up a week ago, but since…

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Originally posted on orgtheory.net:
Ever since the publication of Piketty’s Capital in the 21st Century, there’s been a lot of debate about the theory and empirical work. One strand of the discussion focuses on how Piketty handles the data. A number of critics have argued that the main results are sensitive to choices made…

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Originally posted on Mostly Economics:
Ajay Shah has a food for thought post on public policy: Occam’s razor is the idea that when two rival theories explain a phenomenon, the simpler theory is to be preferred. Aristotle’s epicycles fit the data as well as Kepler’s ellipses, and a pure empiricist could have been agnostic between…

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For a rich country, Luxembourg is a pretty crappy place to do business – worse than Greece. Mostly due to terrible rankings for the Luxembourg legal system. Italy is not much better. Source: Ranking of economies – Doing Business – World Bank Group.

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PA Pundits - International

"the relentless pursuit of common sense" A Variety of Opinions From Various Writers

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Celebrating humanity's flourishing through the spread of capitalism and the rule of law

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