I was astounded in 2020 when I read an article in the New York Times about the economic catastrophe in Venezuela and there was not a single mention of socialism. And I was even more astounded in 2024 when the NYT published another article about Venezuela’s economic misery and once again didn’t mention socialism. Today’s […]
This column was first published in LawNews on 1 June 2026. It continues a series examining the Supreme Court’s departure from the constitutional limits of judicial power. * Roger Partridge writes – The debate about New Zealand’s Supreme Court has been framed as a question about the current court – its composition, its appointments, its judicial philosophy. This column […]
TweetHere’s a letter to F&D Magazine, a publication of the IMF. Editor: U.S. Trade Representative Jamieson Greer wrote more than 2,100 words about trade yet managed to get correct approximately nothing (“Economics for the Real Economy,” June 2026). Just listing his errors would take nearly as many words, so I here address only one of…
Some legal cases age like wine. Others age like browser tabs left open too long. Brazil’s Google News inquiry belongs firmly in the latter category. On April 3, Brazil’s Administrative Council for Economic Defense (CADE) announced that its Tribunal had unanimously decided to send a seven-year-old administrative inquiry concerning Google’s use of journalistic content—whether for…
Here’s the latest opinion/comedy bit from Friday’s Real Time show with Bill Maher, with the episode called “Let’s be frank.” Maher starts out by citing the recent Democratic Party Autopsy (here) about why the party lost the Presidency and Congress in 2024. But he then faults both parties for having politicians in office who won’t…
The Free Press: Bates, “a new tough-on-crime prosecutor, … replaced a scandal-plagued `progressive.’” ” Incapacitation (selection): sometimes referred to as “specific deterrence.” Bates said that his office has identified about about 6,000 frequent, violent offenders and put between 3,000 and 3,500 of them in prison. The cooperation of federal law enforcement has helped take a…
With deadly precision, the Trump administration has launched dozens of attacks on small boats in the waters off South America, killing nearly 200 people in a campaign U.S. officials say is meant to curb the flow of illicit drugs to the United States. But almost nine months into the operation, epidemiologists, addiction scientists and public…
Tomas Pueyo has collated a huge amount of public opinion data from Muslims in Western countries. He finds: Depending on the country of origin and destination:~10-40% of Muslims are moderate & well integrated~20-50% are conservative, religious, pious~25% are fundamentalists~Of which 15% (pp) are radical Islamists Some findings in the US: He concludes: In summary, the…
I don’t wholeheartedly embrace AI, for I think it will be the death of liberal education. In both the humanities and science, I fear that students will lose any ability they have to write, and will not improve their writing because they’ll be using bots. This will degrade their ability to communicate. (Scientists too need…
SummarySome libertarians argue that the implications of libertarianism for foreign policy are unclear. In this chapter, Rothbard argues that libertarianism implies strict “isolationism”:Pending the dissolution of States, libertarians desire to limit, to whittle down, the area of government power in all directions and as much as possible… In foreign affairs, the goal is the same:…
It may seem like a distant memory now, but as of the mid-2000s, U.S. natural gas production had been flat for a decade, and the U.S. was importing liquefied natural gas (LNG), with plans to import much more. Then shale gas happened. Advances in hydraulic fracturing and horizontal drilling caused U.S. natural gas production to…
Regarding the pervasive problem of cost overruns (defined as government programs and projects that wind up costing far more than initial estimates), I’ve always appreciated this image sent by a reader. It nicely captures a key reason for cost overruns, which is that there is no bottom-line incentive for bureaucrats and politicians to monitor costs. […]
This week’s heatwave is an exceptionally rare event for this time of year, but it is not unprecedented, even during the few brief years our temperature records date back. The post The 1947 Heatwave, Which The Met Office Keeps Quiet About appeared first on Watts Up With That?.
A decade ago, I coauthored a report looking at how greater localism and subsidiarity could be achieved in a very centralised country where local councils have variable capabilities. We settled on policy trial areas. The basic gist was as follows. First, a community would pitch a policy trial area – a special economic zone – with different policy…
Given the relative economic weakness that plagues most European nations (documented here, here, here, here, and here), a top priority for policy makers should be to improve incentives for wealth creation. But that assumes politicians care about the prosperity of citizens. Based on a new report from the European Commission, the answer is no. Instead of […]
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.
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.”
“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.
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