Celebrating humanity's flourishing through the spread of capitalism and the rule of law
30 Jul 2015 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, entrepreneurship, financial economics, human capital, industrial organisation, labour economics, managerial economics, occupational choice, organisational economics, rentseeking, survivor principle Tags: active investing, corporate welfare, efficient markets hypothesis, entrepreneurial alertness, hedge funds, industry policy, passive investing, picking winners, The fatal conceit, The pretence to knowledge
Page 32 of "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/12SEI9p http://t.co/HYm0II2UNI—
Catherine Mulbrandon (@VisualEcon) May 08, 2013
Page 33 of "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/10M7lqR http://t.co/FcmaqZWB32—
Catherine Mulbrandon (@VisualEcon) May 09, 2013
The hedge fund industry held $2.9 trillion of assets in June. Exchange-traded funds did better econ.st/1DdXgWS http://t.co/CK2foqMOpw—
The Economist (@EconEconomics) August 01, 2015
30 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, liberalism, Public Choice, rentseeking, survivor principle Tags: Age of Innovation, bourgeoisie deal, capitalism and freedom, Deirdre McCloskey, The Great Enrichment, The Great Escape, The Great Fact
30 Jul 2015 Leave a comment
Before #CecilTheLion, hunter Kendall Jones said hunting is crucial to conservation. False. bit.ly/1tvr5wj http://t.co/SV5FeANMsE—
(@PolitiFact) July 30, 2015PHOTO: #ZebraLivesMatter http://t.co/fUGjFKfJXP—
Mark J. Perry (@Mark_J_Perry) August 03, 2015
| Peter Klein |
No doubt you’ve heard about Walter Palmer, the American dentist who shot the lion, “Cecil,” in Zimbabwe, pushing aside Sir Tim Hunt as the Internet’s Most Hated Person. (Aside from calling Palmer cruel and depraved — even wishing his death by bow and arrow — some are labeling him a sociopath, which makes me wonder, are lions now considered members of society? Orgheads?)
I don’t hunt and have no particular emotional attachment to lions, so I find the outrage level bewildering. However, I think this can be a teachable moment. Specifically, there are lessons here about trophy hunting and endangered species. Not surprisingly to anyone who has studied property-rights economics, there is evidence that allowing trophy hunting is a good means of protecting endangered species. This is a version of the general argument that defining and enforcing property rights in scarce resources, including wildlife, provides incentives…
View original post 71 more words
30 Jul 2015 6 Comments
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of regulation, environmental economics, health economics, industrial organisation, international economic law, international economics, International law, law and economics, property rights, Public Choice Tags: climate treaties, copyrights, customs unions, environmental standards, free trade agreements, free trade zones, intellectual property law, ISDS, Jane Kelsey, Labour standards, Left-wing hypocrisy, neocolonialism, patents, preferential trading agreeents, regional trade agreements, regulatory harmonisation, TPA, TPPA, WTO
Jane Kelsey in a television interview said she opposes the reductions in sovereignty in trade agreements that result from investor-state dispute settlement (ISDS) provisions because they limit the democratic choices of future governments.
If so, she must oppose environmental and labour standards in trade agreements and, more importantly, binding the hands of future governments with climate treaties. All international treaties are about restrictions on sovereignty.
Environmental and labour clauses in trade agreements and climate treaties all limit the powers of governments to legislate on environmental and employment law in accordance with the will of the people as expressed in the most recent election and change of government. Power to the people.
https://twitter.com/rorymccourt/status/625540621457960960
Jane Kelsey would do better focusing on those parts of the TPPA deal that lowers the net value of the deal such as those extending the term of patents over the drugs. All international treaties are about trade-offs.
The most important reason for focusing on intellectual property law in trade agreements is Kelsey is likely to actually win people over that are not on the far left, including many on the right of politics over to her cause. Kelsey is too busy rounding up the usual suspects.
Ranting about big corporate conspiracies and the investor state dispute settlement clauses puts people off.
As copyright duration's at play in #TPPA, a reminder of the costs when copyright's too long.
offsettingbehaviour.blogspot.co.nz/2014/03/orphan… http://t.co/tOtihpDmSU—
Eric Crampton (@EricCrampton) July 29, 2015
These gusts of paranoia lose support on issues where there is common ground to be suspicious about the growing scope of trade agreements and their reach behind borders.
Regulatory harmonisation is advisable only when there are compelling reasons such as the prevention of hazards or technical compatibility of products – do the plugs fit into each other? As Sykes argues:
as a normative matter, harmonization is inferior to a legal system that tolerates regulatory differences subject to legal constraints, and that relies on mutual recognition where appropriate (the exception to this claim being matters of technical compatibility between products).
Related, as a positive manner, harmonization will often lack any political constituency and thus instances of true harmonization will be rare.
30 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, transport economics, urban economics Tags: agglomeration economics, compensating differentials, equalising differences, land supply, rent capitalisation
What are the costs of prioritizing driving over transit? #infographic #cities #transit http://t.co/bOGG2kKwjX—
YouthfulCities (@youthfulcities) July 21, 2015
29 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, international economics, Public Choice, rentseeking Tags: customs unions, free trade agreements, free trade zones, game theory, Paul Krugman, preferential trading agreements, regional trade agreements, WTO
29 Jul 2015 2 Comments
29 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, entrepreneurship, financial economics, human capital, labour economics, occupational choice Tags: CEO pay, compensating differentials, entrepreneurial alertness, top 0.1%, top 1%, top income earners, top wage earners
Page 41 from "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/11v2e9k http://t.co/7Hlgk4AjZn—
Catherine Mulbrandon (@VisualEcon) May 22, 2013
28 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economics of bureaucracy, growth disasters, growth miracles, income redistribution, liberalism, Marxist economics, Public Choice, rentseeking Tags: collapse of communism, economics of central planning, failed states, North Korea, South Korea
https://twitter.com/TheEconomist/status/625658259861598209/photo/1
Truce is signed and the fighting ends in Korea on this day in 1953. nyti.ms/1D1Yswe http://t.co/O9a8iJgE99—
NYT Archives (@NYTArchives) July 27, 2015
27 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economics of bureaucracy, growth disasters, growth miracles, income redistribution, Public Choice, rentseeking Tags: capitalism and freedom, Hong Kong, Latin American crony capitalism, Venezuela
Socialism works -Venezuela twice as rich as Hong Kong!
No, wait, that was in 1960. http://t.co/sqwVnMc19t—
Screwed by State (@ScrewedbyState) July 26, 2015
25 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, economics of education, economics of regulation, economics of religion, energy economics, environmental economics, income redistribution, industrial organisation, international economics, Murray Rothbard, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking, survivor principle Tags: antiforeign bias, antimarket bias, Catholic social thought, climate alarmism, expressive voting, global warming, makework bias, Pope Francis, rational ignorance, rational irrationality, voter demographics
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
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
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
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
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.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
A blog (primarily) on Canadian and Commonwealth political history and institutions
Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
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
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
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.”
Researching the House of Commons, 1832-1868
Reflections on books and art
Posts on the History of Law, Crime, and Justice
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Exploring the Monarchs of Europe
Cutting edge science you can dice with
Recent Comments