Celebrating humanity's flourishing through the spread of capitalism and the rule of law
18 Oct 2025 Leave a comment
in economics of crime, law and economics, politics - USA Tags: crime and punishment, law and order
I recently wrote about the effort of leading politicians, pundits, and the press to deny the existence of Antifa as violence on the left rises around the country. Even Minnesota Attorney General Keith Ellison (D) insisted that “nobody” knows what the left-wing terrorist organization Antifa is and that it does not exist. However, he previously […]
Two Alleged Antifa Members Charged with Terrorism-Related Crimes
18 Oct 2025 Leave a comment
in applied price theory, development economics, economics of regulation, labour economics, law and economics, politics - New Zealand, property rights, urban economics Tags: Canada
An interesting research note from Eric Crampton and at the NZ Initiative on the benefits of devolution on development. It details how Canadian First Nations have transformed their economic fortunes and have built thousands of new homes after gaining powers for planning, zoning, tax, and infrastructure finance. A couple of examples: The Squamish Nation’s 6,000-apartment […]
Devolution and Development
17 Oct 2025 Leave a comment
in applied price theory, economics of bureaucracy, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, public economics, urban economics
A report by the New Zealand Initiative shows that the state is a very expensive landlord: Why does the government need to continue owning or managing more than 77,000 housing units, given its poor track record in this area, especially when state assistance can be provided without extensive government ownership? And why does it not […]
State very expensive landlord
17 Oct 2025 Leave a comment
in applied price theory, discrimination, economics of crime, economics of education, gender, human capital, labour economics, labour supply, law and economics, occupational choice, politics - USA Tags: gender wage gap
An anonymous Swiftian guest essay
Ten Modest Proposals to End the Gender Pay Gap
16 Oct 2025 1 Comment
in movies, television, TV shows
16 Oct 2025 Leave a comment
in chess
16 Oct 2025 1 Comment
in applied price theory, economics of crime, labour economics, law and economics
One of the most persistent concerns in contemporary criminal justice debates is the disproportionately high number of black people in prison, particularly in countries such as the United States, the United Kingdom and Australia. At first glance, this imbalance is often assumed to indicate systemic bias or racial discrimination within courts and law enforcement. Yet […]
The Question of Disproportionate Black Imprisonment
15 Oct 2025 Leave a comment
in history of economic thought
That is the title of a book co-authored by Philippe Aghion, one of this this year’s winners of the Nobel Prize in economics. See The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations.Here is the Amazon summary:”Inequality is on the rise, growth stagnant, the environment in crisis. Covid seems to have exposed every…
The Power of Creative Destruction
15 Oct 2025 Leave a comment
in defence economics, laws of war, liberalism, Marxist economics, politics - New Zealand, politics - USA, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, useful idiots, war against terror
Bob Edlin writes – Come in Chloe and your fellow champions of Palestinian statehood and tell us what you think of happenings in the Middle East in recent days. There was widespread celebration – not only in Israel and Gaza but around the world – of news of a cease-fire and that the hostages taken […]
Middle East ceasefire is widely celebrated – but Peters notes that the pro-Palestine protesters have been silent
15 Oct 2025 Leave a comment
in applied price theory, economic growth, fiscal policy, macroeconomics, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
I wrote a column about taxes and growth in 2020. Let’s augment that analysis by digging into some details. I decided to address the issue today after seeing a tweet with this helpful summary of how different taxes cause different levels of economic damage (the Tax Foundation also has a table that ranks different taxes, […]
Taxes and Growth, Part II
14 Oct 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, history of economic thought, macroeconomics
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 was awarded this morning for “for having explained innovation-driven economic growth.” The award was divided between Joel Mokyr ““for having identified the prerequisites for sustained growth through technological progress” to Philippe Aghion and Peter Howitt “for the theory of sustained growth through…
A Nobel for Innovation-Driven Economic Growth: Aghion, Howitt, and Mokyr
14 Oct 2025 1 Comment
in applied price theory, economics of bureaucracy, economics of regulation, energy economics, environmental economics, fiscal policy, law and economics, macroeconomics, property rights, Public Choice, rentseeking, urban economics Tags: France
Macron’s government consistently spent more as a share of total output than any other OECD member, with the public sector accounting for over 57% of GDP in 2024. The telling trend is France’s divergence from its neighbors. When Macron took office, France’s debt-to-GDP ratio was 11 percentage points above the Eurozone average; by 2024, that gap […]
French facts of the day
14 Oct 2025 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
13 Oct 2025 Leave a comment
A former vice-president of your party (and son of one of your MPs) says your party is run like a dictatorship. When this accusation is put to the co-leaders, the male co-leader refuses to answer and heads off. He sees the female co-leader is not following him and may be about to answer the question, […]
How to refute accusations of dictatorial behaviour
13 Oct 2025 Leave a comment
in applied price theory, development economics, economics of religion, growth disasters, growth miracles Tags: The Great Enrichment
TweetHere’s a letter to a new correspondent. Mr. __: Thanks for sharing Sohrab Ahmari’s tweet, which I’d not otherwise have noticed. It is, frankly, pathetically inept. In order to criticize the pro-free-market Acton Institute, Ahmari favorably quotes Pope Leo’s assertion that “pseudo-scientific data are invoked to support the claim that a free market economy will…
Sorry, But Pope Leo Is Mistaken
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
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
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
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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