Celebrating humanity's flourishing through the spread of capitalism and the rule of law
21 Sep 2025 Leave a comment
in economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, industrial organisation, survivor principle Tags: electric cars, Germany
By Paul Homewood h/t Ian Magness From the Telegraph: Porsche has delayed the launch of its new electric vehicle (EV) as weak demand forces the German car manufacturer to focus on petrol and diesel engines.
Porsche delays new electric car after demand slump
21 Sep 2025 Leave a comment
in Adam Smith, history of economic thought, Milton Friedman
TweetHere’s a letter to the Wall Street Journal. Editor: Glory Liu argues that, in reality, Adam Smith wasn’t as favorably disposed to free markets as Milton Friedman portrayed him as being (“Adam Smith Is Known for His ‘Invisible Hand’ Theory. The Truth Is More Complex.” September 13). Her evidence for this thesis is thin. While,…
Milton Friedman Did Not Concoct a False Image of Adam Smith
21 Sep 2025 Leave a comment
in international economic law, international economics, International law, labour economics, labour supply, politics, Public Choice Tags: economics of immigration, Germany
Our estimates indicate that the AfD’s vote share would shrink by as much as 75% if the CDU adopted its immigration stance. These results suggest that the electoral success of populist parties is strongly linked to genuine policy preferences, rather than being driven solely by dissatisfaction with political elites or protest voting. That is from […]
German political parties remain too far from the median voter
20 Sep 2025 Leave a comment
in economics of education, human capital, poverty and inequality
An excellent speech by the President of the University of Austin on inequality: But on the heels of America’s quarter-millennium since the Declaration of Independence, I want to do something a bit unfashionable: I want to defend inequality. Of course, all men are created equal. But all men are not the same. We have unequal…
In defence of inequality
20 Sep 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, environmental economics, law and economics, politics - USA, property rights Tags: housing affordability, land supply, zoning
It seems natural enough, at least based on US experience, to believe that building and permitting are in a natural opposition: that is, stronger permitting means less building. Zachary Liscow has been looking for a way out of this opposition. He spells out some of his thoughts in “Reforming Permitting to Build Infrastructure” (Hutchins Center…
Better Permitting and More Building: Possible?
19 Sep 2025 Leave a comment
in economics of education, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
Predator Free NZ (“PFZ”, and “NZ” is New Zealand) is apparently a science-oriented trust whose goal—a worthy one—is to keep non-native predators, such as the common brushtail possum, out of New Zealand, as they destroy native wildlife and have other bad effects on the ecosystem. (The possum, for example, destroys native New Zealand birds and…
More unsubstantiated assertions of indigenous “science” in New Zealand
19 Sep 2025 Leave a comment
in liberalism, Marxist economics, politics - USA
Charlie Kirk exposed the “achievements” of the Woke Left for the paltry performative parodies of politics they have always been. Chris Trotter writes – HE LOOKS LIKE the son most professional middle-class parents would be proud to call their own. There’s an ease about him, a confidence, that speaks to a background of near universal […]
No Friend of the Left
18 Sep 2025 Leave a comment
in energy economics Tags: Germany
Germany’s Energy Crisis: A Look At What’s Ahead Symbol image created by Grok 3 AI The head of transmission system operator Amprion, Christoph Müller, warns that Germany’s energy supply is facing a challenging winter due to a lack of power plant capacity as the nuclear and planned coal continue to get phased out. The This…
Germany Faces Challenging Winter Of Power Outages As Energy Supply Struggles
18 Sep 2025 Leave a comment
in applied price theory, economics of education, human capital, labour economics, poverty and inequality, welfare reform
James Heckman and Sadegh Eshaghnia have launched a broadside in the WSJ against the Chetty-Hendren paper The Impacts of Neighborhoods on Intergenerational Mobility I: Childhood Exposure Effects. It’s a little odd to see this in the WSJ but since the Chetty-Hendren paper has been widely reported in the media, I suppose this is fair game. […]
Moving on Up
18 Sep 2025 1 Comment
in defence economics, economics of crime, International law, law and economics, laws of war, war and peace Tags: free speech, Gaza Strip, Israel, media bias, Middle-East politics, political correctness, regressive left, war against terror
As we wrote in a post last week, a Guardian article by their Beirut correspondent William Christou (“US imposes sanctions on Palestinians for requesting war crimes inquiry“, 5 Sept) included the following erroneous claim: In an interim judgment in January 2024, the ICJ ruled that the claim of genocide was “plausible”… As we’ve noted in communications […]
Guardian is AGAIN forced to correct false claim on ICJ ruling
18 Sep 2025 Leave a comment
in economics of education, health economics, liberalism
Robert Bartholomew writes – Over the past decade there has been an explosion of interest in indigenous knowledge. The United States, Canada, Australia, and South Africa have been at the forefront of the movement to integrate ‘ancient wisdom’ with modern science and decision-making by applying it to everything from public health to climate change. […]
We Can’t Value ‘Ancient Wisdom’ Over Scientific Fact
18 Sep 2025 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, politics - New Zealand, survivor principle, transport economics
The Government announced: The Coalition Government will support at risk regional air routes with up to $30 million in loans from the Regional Infrastructure Fund for small passenger airlines, Regional Development Minister Shane Jones and Associate Transport Minister James Meager say. “Reliable air services are critical for the economic and social wellbeing of regional New […]
More corporate welfare for airlines
17 Sep 2025 Leave a comment
in movies
Actor and director Robert Redford has died: Robert Redford, who has died at the age of 89, appeared in more than 50 Hollywood films, won an Oscar as a director, and became a champion of independent film-makers, founding the annual Sundance Film Festival to showcase their work. Success meant he could pick and choose his projects, […]
Robert Redford 18.8.36 – 16.9.25
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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