Celebrating humanity's flourishing through the spread of capitalism and the rule of law
07 Nov 2023 Leave a comment
Below is my column in The Messenger on the emerging controversy in the Trump prosecutions over the testimony of former counsel to the former president. Various lawyers have now accepted plea bargains. However, Special Counsel Jack Smith and Fulton County District Attorney appear to be arguing that, while Trump was assured of these claims by […]
Smith’s Siren: Can Trump Be Convicted for the Lure of Bad Lawyering?
06 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, econometerics, economic history, urban economics Tags: affordable housing
Affordable housing projects aren’t making housing more affordable. In fact, says a new study by an MIT economist, construction of new subsidized housing displaces new unsubsidized housing for little net gain in the housing supply. Specifically, the study found, ten new subsidized housing units resulted in eight fewer unsubsidized units. … Continue reading →
The Case Against Affordable Housing
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of education, economics of regulation, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, top 1%, zoning
04 Nov 2023 Leave a comment
in applied price theory, Austrian economics
Tweet… is from pages 86-87 of Georgetown University philosopher Jason Brennan’s excellent 2014 book, Why Not Capitalism?: So, to summarize, there is a range of reasons to have private property, even in utopian conditions. People get value from having objects that they can use at will, without having to ask permission from others. They get…
Quotation of the Day…
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, health economics Tags: nanny state, sugar taxes
Here’s the case for imposing a tax on sugar-sweetened beverages: 1) Obesity is a major public health problem, through its effects on diabetes, cardiovascular diseases, asthma, certain cancers, and mental health; 2) Consumption of sugar-sweetened beverages is an outsized contributor to obesity; 3) Taxing sugar-sweetened beverages will raise the cost that consumers pay, and thus…
The Limited Effects of Taxes on Sugar-Sweetened Beverages
03 Nov 2023 Leave a comment
in applied price theory, econometerics, economic growth, entrepreneurship, fiscal policy, macroeconomics, public economics Tags: taxation and investment
I’m very critical of bad policies we got during the Trump years, most notably profligacy and protectionism. But I shower praise on the good policies, such as the 2017 tax legislation (especially the lower corporate tax rate and the curtailing of the state and local tax deduction). Today, we’re going to focus on the positive. […]
More Evidence for Trump’s Corporate Tax Reform, Part I
02 Nov 2023 Leave a comment
Ananish Chaudhuri writes – With power about to change hands, I see more and more commentary about how this election was somehow unfair. There was Rob Campbell, Chancellor of AUT, pontificating in the Herald that this election was “bought”. Then more recently David Williams of Newsroom weighed in about the influence of the Taxpayers’ Union […]
ANANISH CHAUDHURI: Labour stuffed up; that’s why they lost – deal with it
02 Nov 2023 Leave a comment
in applied price theory, Austrian economics, discrimination, econometerics, economic history, economics of education, gender, health economics, history of economic thought, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap, sex discrimination
31 Oct 2023 Leave a comment
A couple of days ago, K Gurunathan – described as a former mayor of Kapiti – had an article in Stuff under the heading “ACT’s Treaty referendum: a bad idea, and even worse timing”. In the article, he noted that former Prime Minister John Key had ruled out the idea of scrapping Maori electorates, even…
DON BRASH: SHOULD WE HAVE A REFERENDUM ON THE TREATY?
31 Oct 2023 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economic history, economics of information, gender, health and safety, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
31 Oct 2023 2 Comments
in applied price theory, applied welfare economics, economic history, economics of bureaucracy, economics of regulation, health economics, politics - USA, Public Choice Tags: drug lags, economics of pandemics
30 Oct 2023 Leave a comment
It’s Sunday evening, you turn on the radio and the news breaks that planet Earth is invaded by Mars. So what do you do? You panic of course. Well that was the case for many when they switched on the radio on October 30,1938. By the end of October 1938, Welles’s Mercury Theatre on the […]
War of the Worlds-October 30-1938
30 Oct 2023 Leave a comment
One act that is absolutely reprehensible, unjustifiable, and downright sick is the ripping down of posters and fliers showing pictures of the hostages taken by Hamas on October 7. No matter what you feel about what’s going on in Gaza right now, there’s no justification for ripping down posters calling attention to Jewish (and non-Jewish) […]
Ripping down the “kidnapped” posters
30 Oct 2023 Leave a comment
In my post last week on ANZ’s note on the balance of payments, I included this chart from the latest IMF WEO (numbers finalised late last month). On the IMF’s read we had the most overheated advanced economy this year taken as a whole. ANZ themselves followed up with this chart (As a reminder, the […]
Monetary policy and estimated excess demand
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
Econ Prof at George Mason University, Economic Historian, Québécois
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
Res ipsa loquitur - The thing itself speaks
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.”
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“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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