Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Feb 2024 Leave a comment
in applied price theory, economic history, economics of regulation, politics - USA, urban economics Tags: land supply, zoning
In a post from July 2021, I discussed housing affordability and “zoning taxes” — in other words, how land use restrictions such as zoning were driving up the cost of housing in some US cities. San Francisco, Los Angeles, Seattle, and New York stood out as the clear outliers, with “zoning taxes” adding several multiples […]
The US Housing Market Is Very Quickly Becoming Unaffordable
27 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, politics - USA, urban economics Tags: rent control
Five things to know about WA proposal to limit rent hikes | The Seattle Times Isn’t rent control one of the most studied economic experiments? And hasn’t it been shown to be, over the long term, a disaster for everyone involved? What does economic evidence tell us about the effects of rent control? | Brookings […]
Statewide Rent Control Being Considered in Washington
26 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, labour economics, labour supply, politics - New Zealand, poverty and inequality, unemployment, welfare reform Tags: child poverty, family poverty
Question: Do you understand how the child poverty statistics are derived? Clearly some people do not. Last week the latest child poverty statistics were all over the media. But there are a number of misunderstandings that need addressing. Like this one from NewstalkZB’s John MacDonald who wrote: “Living in households that get-by on less than…
Child poverty – complex or simple?
26 Feb 2024 Leave a comment
in applied price theory, history of economic thought, industrial organisation Tags: competition and monopoly
In an earlier post, Soda Prices are Too Low for the FTC, the Biden Administration seems to be trying to turn back the clock to a time when price discrimination was viewed as bad. Lest we repeat the mistakes of the past, it is worthwhile to remember its lessons. See this 2003 talk by some middling FTC…
Four Myths about Price Discrimination
25 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, energy economics, environmental economics, global warming, income redistribution, industrial organisation, Public Choice, rentseeking Tags: price controls, The fatal conceit, unintended consequences, utility regulation
22 Feb 2024 Leave a comment
in applied price theory, discrimination, econometerics, economic history, economics of crime, economics of education, human capital, labour economics, labour supply, law and economics, occupational choice, politics - USA, poverty and inequality Tags: academic bias, crime and punishment, free speech, law and order, political correctness, racial discrimination, regressive left
A lot of readers and heterodox colleagues have sent me this link to Bari Weiss’s interview with Harvard economics professor Roland G. Fryer, Jr., often accompanied by big encomiums. Despite my unwillingness to watch long videos, I did watch all 77 minutes of it. Unfortunately, I wasn’t mesmerized, or even much interested. There are interesting […]
Bari Weiss interviews Roland Fryer
20 Feb 2024 1 Comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economics of regulation, law and economics, property rights Tags: Canada
My piece for the Saturday papers weekend before last, and now ungated here, went back to a theme that Richard Harman had noticed in the Waitangi speeches. Minister Shane Jones argued fuller debate on the meaning of Tino Rangatiratanga is inevitable, saying, “There is a deep, committed view from Pita Tipene and others that article two…
Tino Rangatiratanga and localism
16 Feb 2024 Leave a comment
in applied price theory, entrepreneurship, fiscal policy, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
Inflation is having an effect on everything, even policy analysis. Back in 2013, I wrote that Phil Mickelson was “California’s One-Man Laffer Curve” because he wanted to escape the Golden State to save about $1.2 million per year in taxes. But now, when a goose that lays golden eggs wants to escape, the numbers are […]
Florida’s One-Man Laffer Curve
10 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, economic history, international economics, politics - USA Tags: current account
TweetThis piece by Rapoza also features a discussion of the U.S. trade deficit in “goods” – any mention of which is a sure sign that the writer is a poor economist. A trade deficit in tangible things is no more economically meaningful than is a trade deficit in yellow things or things that start with…
Worry Not About So-Called “Trade Deficits”
08 Feb 2024 Leave a comment
in applied price theory, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, welfare reform Tags: child poverty, family poverty
Lindsay Mitchell writes- When National became government in 2008, Finance Minister Bill English’s determination to understand the extent of benefit-dependency led them to commission Taylor Fry to produce annual actuarial reports. These were duly published at the MSD website every year but ceased when the government changed in 2017. Now however, an Official Information request […]
LINDSAY MITCHELL: Labour hid developing welfare crisis
06 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of regulation, health economics, history of economic thought, labour economics, law and economics, macroeconomics
TweetWriting in the Wall Street Journal, David Henderson and Charley Hooper explain why we should be thankful for high drug prices. Two slices: For Americans, paying for the discovery and development of new drugs rests on our shoulders. If we pay, we get new lifesaving medicines. If we don’t, we don’t. Almost all new drugs…
Some Links
01 Feb 2024 Leave a comment
in applied price theory, econometerics, economics of education, economics of information, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: screening, signaling
Douglas Belkin, who has an admirably adversarial publication record on higher ed, spotlights my The Case Against Education in his latest piece in The Wall Street Journal:One result of this transactional attitude has been a sharp increase in cheating. College is one of the few products whose consumers try to get as little out of…
*The Case Against Education* Makes the WSJ
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
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
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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
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
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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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