If politicians and bureaucrats were any good at picking winners, they will be on a fabulously well paid package at a hedge fund.
Why politicians and bureaucrats can never pick winners?
12 Aug 2016 Leave a comment
in economics of bureaucracy, entrepreneurship, industrial organisation, politics - New Zealand
Occupations of the Top 0.1% in the USA
12 Aug 2016 Leave a comment
in applied welfare economics, labour economics, politics - USA
Paul McCartney – Hey Jude (Live)
12 Aug 2016 Leave a comment
in economics, Music Tags: Paul McCartney, The Beatles
How To End Poverty in the South Bronx with charter schools
12 Aug 2016 Leave a comment
in economics of education Tags: charter schools
The Road To Serfdom on YouTube
12 Aug 2016 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of bureaucracy, F.A. Hayek, Public Choice, rentseeking
What can The Young Ones teach us about Thatcherism? part one
11 Aug 2016 Leave a comment
in economics
This is the beginning of a work-in-progress piece I have been devising on The Young Ones and Thatcherism. I thought I would post it as the clip is great and rather topical. If you can think of any particular bits in the series that have historical relevance for understanding Thatcherite Britain, please comment below.
In one of my history topics that I used to team-teach in, I presented a lecture of Thatcherism and Britain in the 1980s. In this lecture, I showed my students a clip from the episode ‘Cash’ from the UK television comedy show The Young Ones. The scene portrays one of the characters pretending to have a baby in a non-furnished house. In the panic of the impending ‘baby’ (the character, Vyvyan, is actually male), another character, Rik (the typical student-lefty stereotype), yells:
We can’t, we haven’t got any money. Vyvyan’s baby will be a pauper…
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“Rolling Stones” | Rice Krispies Cereal TV Ad
11 Aug 2016 Leave a comment
in Music Tags: Rolling Stones
Source: “Rolling Stones” | Rice Krispies Cereal TV Ad (WATCH VIDEO).
Brian Jones, the founding member of Rolling Stones wrote the jingle, and the band was paid 400£ for the performance.
Queen’s Freddie Mercury and David Bowie’s “Under Pressure” Isolated Vocals Are Heavenly
11 Aug 2016 Leave a comment
in economics, Music Tags: David Bowie, Queen
Towards an egalitarianism of respect
11 Aug 2016 Leave a comment
in economics
The most interesting part of the left-wing responses to the assortative mating dilemma is to talk about another topic.
They fully accept that government cannot go around regulating whom people marry despite the fact this is a major source of inequality.
The reason why this inequality is acceptable because they acknowledge implicitly the point that Nozick made about how the inequality came about is important. If the inequality is the result of people exercising their rights, the inequality is just
Last night, debate teams from Victoria University at Wellington and from Canterbury squared off to debate the moot, “This house would ban people with university degrees from marrying each other.”
It was great fun. Vic had the affirmative and did a fantastic job with it. Canterbury won, partially because the affirmative wasn’t able to show it would be enforceable without substantial offsetting harms.
Matt Nolan, of TVHE fame and who’s finishing up his thesis on inequality, was one of the the panellists after the debaters had finished; I was the second. I’ve copied my speaking notes below, but delivery varied a bit. I think the debate was videoed; I’ll update this post with it when it’s available.
You might have come in tonight scratching your heads a bit about tonight’s moot. The proposed policy is obviously absurd: a far more intrusive extension of the state into people’s lives than most…
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John Belushi and the donuts of champions
11 Aug 2016 Leave a comment
in economics, television
HT: Lars Christensen
Utopia, you are standing in it! 
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