Mancur Olson’s The Rise and Decline of Nations is one of my favorite books and a classic of public choice. Olson may well have won the Nobel prize had he not died young. He summarized his book in nine implications of which I will present four: 2. Stable societies with unchanged boundaries tend to accumulate […]
The Rise and Decline and Rise Again of Mancur Olson
The Rise and Decline and Rise Again of Mancur Olson
09 May 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, law and economics, property rights, Public Choice, public economics, rentseeking
More Good Results from Argentina
28 Apr 2024 Leave a comment
in budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, income redistribution, labour economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics, Public Choice, rentseeking, unemployment Tags: Argentina
The most important election of 2023 took place in Argentina, where that nation’s voters elected the libertarian candidate, Javier Milei, as their new president. I discussed the outlook for Milei’s agenda on a recent appearance of the Schilling Show. Here’s a brief excerpt. As you can see, I’m worried that Milei faces enormous obstacles. Argentina […]
More Good Results from Argentina
The War On Cars
24 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, energy economics, environmental economics, global warming, Public Choice, public economics, transport economics, urban economics Tags: electric cars
In a fit of self-loathing, the European Union has begun to destroy the economic engine that pays its bills. Some of this is well known, but some is not, and it will astonish you.
The War On Cars
Why the Global Free Market Will Save the World
23 Apr 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles, health economics, history of economic thought, income redistribution, labour economics, law and economics, liberalism, macroeconomics, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, property rights, Public Choice, public economics, rentseeking Tags: anticapitalist mentality, capitalism and freedom
Call for Support: Has the Time Come for a Wellington Ratepayer Activist Group?
23 Apr 2024 Leave a comment
in comparative institutional analysis, economics of bureaucracy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, transport economics, urban economics
Over the years I’ve had various Wellingtonians approach me about setting up, or getting Jordan and the Taxpayers’ Union to set up, a dedicated Wellington ratepayer pressure group to fight for more fiscal prudence and better governance in our city. Jordan and I have always turned away the efforts as nine times out of ten, they […]
Call for Support: Has the Time Come for a Wellington Ratepayer Activist Group?
MICHAEL BASSETT: MAORI PUSH FOR PARALLEL GOVERNMENT STRUCTURES
21 Apr 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of bureaucracy, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, public economics Tags: constitutional law
If you think there is a move afoot by the radical Maori fringe of New Zealand society to create a parallel system of government to the one that we elect at our triennial elections, you aren’t wrong. Over the last few days we have seen calls from one or two Iwi for prior consultation with…
MICHAEL BASSETT: MAORI PUSH FOR PARALLEL GOVERNMENT STRUCTURES
Globalization is Win-Win
11 Apr 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, economic history, industrial organisation, international economics Tags: free trade
TweetIn this wonderful new video, John Stossel and Scott Lincicome bust six myths – peddled by the likes of Trump and Biden – about globalization. The post Globalization is Win-Win appeared first on Cafe Hayek.
Globalization is Win-Win
A Conversation with Gary Becker
10 Apr 2024 Leave a comment
in applied price theory, behavioural economics, comparative institutional analysis, discrimination, economic history, economics of education, economics of information, Gary Becker, gender, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality
Deirdre McCloskey: Innovation Begins in Our Minds
09 Apr 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, entrepreneurship, growth miracles, history of economic thought
Cuba Libre
05 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking Tags: Cuba
Martin Gurri has a very good, deep-dive on the current situation in Cuba. The wreckage of the Cuban economy really can’t be exaggerated. The perpetual blackouts are an apt symbol of a country that is headed for the dark ages. For the first time since the revolution, Cuba is begging the United Nations for food aid. Nearly […]
Cuba Libre
Unfettered: Fishback 25 Years Later
04 Apr 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, discrimination, economic history, health and safety, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, unemployment, unions Tags: racial discrimination
A quarter century ago, economist Price Fishback published “Operations of ‘Unfettered’ Labor Markets: Exit and Voice in American Labor Markets at the Turn of the Century” 1,762 more words
Unfettered: Fishback 25 Years Later
Anthony Willy on the SOE case and partnership fiction
01 Apr 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, International law, law and economics, politics - New Zealand, property rights, Public Choice, public economics Tags: constitutional law
Former Judge and barrister Anthony Willy has an excellent post on the famous SOE case which is held up to have decided that the Treaty of Waitangi was a partnership. He demolishes this argument by quoting, well the actual judgment. The case was about acting in good faith. Well worth a read.
Anthony Willy on the SOE case and partnership fiction
How the Carbon Cult Subverts Political Discourse
30 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, energy economics, environmental economics, global warming Tags: Canada, climate alarmism
Trudeau Turns the Carbon Tax Screws on Canadians April 1 Ross Mckitrick explains the smoke and mirrors in Trudeau’s justifications for his racheting carbon tax in a National Post article Wanted: A leader who is honest about climate policy. Excerpts in italics with my bolds and added images. Pierre Poilievre is leading anti-carbon tax rallies […]
How the Carbon Cult Subverts Political Discourse
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