George Stigler Can regulatory agencies protect the consumer? (1971)

Greenpeace Co-Founder Tears Apart Green New Deal

gjihad's avatarGreen Jihad

Greenpeace co-founder Dr. Patrick Moore joined Mike Huckabee to discuss the Green New Deal. Moore did not mince words with how he felt about the plan and its proponents.

View original post

Stigler and Arrow on advertising (1990)

From https://www.scribd.com/document/27267813/Economic-Analysis-of-Proposed-Changes-in-the-Tax-Treatment-of-Advertising-Expenditures

“I’ll Tell You What Happens With Impossible Promises”: When Kinnock Faced Down Militant

Living/minimum wage: what we know

aortmannphd's avatarCore Economics

Version 1.0 (April 24, 2019)

A couple of weeks ago, I got ensnarled in one of these debates on Facebook that do not go anywhere; it was triggered by the Australian Labor Party’s recent Living Wage policy proposal and the related discussion about the merits of minimum wages, and there specifically whether increases in minimum wages have negative employment effects and even more specifically whether such detrimental employment effects hit those at the low end of the wage distribution. These debates tie into other current debates like the one about lacking wages growth about which even the RBA is now concerned; see also Fig 17.17 here, or the one about wage theft which even the current government — not known for its charitable inclinations — says it wants to address, or the one about growing inequality which, as it affects aggregate demand, has to be a growing concern…

View original post 3,878 more words

Green co-leader will be led by science – but GM is not yet a Shaw thing

tutere44's avatarPoint of Order

The  Ardern   government  wants to  lead the world  in implementing  measures  to  combat  climate  change.  Prime Minister  Jacinda Ardern put her personal stamp on this by saying it will be  her  government”s  “nuclear-free”  moment.

The science  on  global  warming  is clear,  say  both   Labour and  the Greens.   So  shouldn’t every   kind of  science   be  used  to  combat it?

Well,  no,  says  the  Green  Party.  It  refuses   to  contemplate  genetic  modification  as an instrument   for  example   in the  campaign  to  make  NZ-predator   free.

Predator Free 2050 is forbidden from carrying out any research which could lead to the use of genetic modification or gene editing, a letter written by Conservation Minister Eugenie Sage shows.

View original post 502 more words

steven lubet vs. the entire field of ethnography

fabiorojas's avatarorgtheory.net

Contexts magazine recently published an article by Northwestern law professor Professor Steven Lubet where he argued that ethnographers should seriously be interested in verifying claims reported in ethnographies. This is part of his bigger effort to critique ethnographic practices, not only in terms of truth making but also in terms of research ethics. Here are the links, some critics of Lubet, and then I’ll give you my brief opinion:

My take: Overall, I am on “Team Lubet.” I won’t relitigate earlier issues, but I will say that ethnographies are not exempt from the ethical principles that govern human behavior in general and social research in particular.

In terms of his specific…

View original post 315 more words

Nozick on envy, resentment and just deserts

Image

Bank capital again

Michael Reddell's avatarcroaking cassandra

Just a quick post today, as submissions close soon on the Reserve Bank Governor’s plans to require banks to fund much more of their balance sheets with equity capital, and I still need to write mine.  The Governor stated last week that the Bank has already received 50 or so submissions.  I hope that, in the spirit of open government and genuine consultation, the Bank will put those submissions up on their website pretty promptly –  and not, as is more usually the case with them (but not, say, with parliamentary select committees), only when the Governor has made his final decision.

I’ve seen a few submissions, none of which seemed very positive on what the Governor was proposing.   It remains striking that, five months on from the release of the initial consultative document there has still been no serious attempt at a cost-benefit analysis, and only the promise…

View original post 1,677 more words

Civil Rights in Song (1): Eyes on the Prize

tillers2214's avatarRGS History

582_Freedom1

Given that one of the most important roots of the civil rights movement was in the black churches, and given the importance of gospel music to those churches, it’s hardly surprising that music provided a vibrant and very important sound track to that struggle. So, time for some civil rights songs: here, from the time itself, in the years leading up to the passing of the Civil Rights Act and the Voting Rights Act.

On that famous day, in 1963, when Martin Luther King spoke to the crowd in Washington, it was the gospel singer and civil rights campaigner, Mahalia Jackson, who shouted to to King to ‘tell them about the dream’. King listened, and so did the world.

Music played a major role that  day, as this New Yorker article explains: https://www.newyorker.com/culture/culture-desk/dream-songs-the-music-of-the-march-on-washington

Here she is, in the later ’60s, singing the civil rights anthem:

Among the star turns was…

View original post 744 more words

FRIEDMAN FRIDAY Milton Friedman’s FREE TO CHOOSE “How to cure inflation” Transcript and Video (60 Minutes)

Everette Hatcher III's avatarThe Daily Hatch

Milton Friedman’s FREE TO CHOOSE “How to cure inflation” Transcript and Video (60 Minutes)

Image result for milton friedman free to choose

In 1980 I read the book FREE TO CHOOSE by Milton Friedman and it really enlightened me a tremendous amount.  I suggest checking out these episodes and transcripts of Milton Friedman’s film series FREE TO CHOOSE: “The Failure of Socialism” and “What is wrong with our schools?”  and “Created Equal”  and  From Cradle to Grave, and – Power of the Market.“If we could just stop the printing presses, we would stop inflation,” Milton Friedman says in “How to Cure Inflation” from the Free To Choose series. Now as then, there is only one cause of inflation, and that is when governments print too much money. Milton explains why it is that politicians like inflation, and why wage and price controls are not solutions to the problem.

View original post 11,630 more words

In Apple v Pepper, SCOTUS leaves home without its Amex

Why capitalism is utopia

Image

Dr Peltzman-U C

UK Media Watch prompts correction to Daily Mirror omission on Israeli casualties

Adam Levick's avatar

Last week, we complained to the Daily Mirror over an article in their May 7th print edition on the recent violence between Israel and terrorists in Gaza.  The piece provided an estimated number of Gaza civilians killed during the short conflict, but omitted the fact that all four Israelis killed by Hamas and Islamic Jihad rockets were civilians.

DEADLY violence on the border of Israel and the Gaza Strip has petered out after Egypt and the United Nations reportedly mediated a ceasefire yesterday. Twenty-one Palestinians, more than half of them civilians, and four Israelis have been killed in three days of clashes.  

Shortly after contacting editors, our complaint was upheld, and the following correction appeared in the May 8th print edition.

Related Articles

View original post 11 more words

Previous Older Entries Next Newer Entries

Thoughts from the North

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

Fardels Bear

A History of the Alt-Right

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

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

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

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

Temple of Sociology

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

Velvet Glove, Iron Fist

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

Why Evolution Is True

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.

NoTricksZone

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

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

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

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

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

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

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

Bet On It

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

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

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

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

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.”

The Victorian Commons

Researching the House of Commons, 1832-1868

The History of Parliament

Articles and research from the History of Parliament Trust

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

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

European Royal History

Exploring the Monarchs of Europe

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

NOT A LOT OF PEOPLE KNOW THAT

“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.

STOP THESE THINGS

The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.

Lindsay Mitchell

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

Alt-M

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