The Milei Miracle, Part II

I almost feel sorry for the 108 leftist economists who predicted back in 2023 that Argentina would suffer if Javier Milei won the presidential election. Not only were they disappointed when he enjoyed a landslide victory, but the subsequent events in Argentina have shown that they were wildly wrong (all of which is discussed in […]

The Milei Miracle, Part II

Stop the corporate welfare

The Herald reports: More than half of the $257 million loan book held by the Government entity formerly known as the Provincial Growth Fund is considered to be at risk of impairment or default. The surge in at-risk loan advances made by Crown Regional Holdings (CRH) – a vehicle used by the Government to warehouse […]

Stop the corporate welfare

The Cross of Gold: Brazilian Treasure and the Decline of Portugal (due to the resource curse)

By Davis Kedrosky and Nuno Palma. Published in The Journal of Economic History.In the book The Economics of Macro Issues which I used as a supplemental text, they mention that Russia has many resources but its per capita income is less than that of Luxembourg which has few resources. The book suggests that the economic…

The Cross of Gold: Brazilian Treasure and the Decline of Portugal (due to the resource curse)

Echoes of Citizens for Rowling

Karl du Fresne writes –  Who remembers the Citizens for Rowling campaign? It was a concerted attempt by the Great and the Good to derail National Party leader Robert Muldoon’s election campaign in 1975. The campaign’s backers didn’t like Muldoon’s combative, divisive brand of politics and argued that Labour’s gentlemanly Bill Rowling, who had assumed […]

Echoes of Citizens for Rowling

“The End Goal of Seizing the Means of Production”: Yup, Mamdani is a Hardcore Marxist

Below is my column on Fox.com on the debate that Democratic New York mayoral candidate Zohran Mamdani is a socialist, a Democratic Socialist, or a communist. What is clear is that Mamdani is a Marxist and that is a serious problem for New York. Here is the column:

“The End Goal of Seizing the Means of Production”: Yup, Mamdani is a Hardcore Marxist

Bad Economic History Fuels Bad Present-Day Economic Policies

TweetAt CapX, I explain what motivated Phil Gramm and me to write our book, The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism. A slice: Likewise with America’s own industrial revolution, the ‘Gilded Age’. American schoolchildren are taught that the final third of the 19th century witnessed John D. Rockefeller and…

Bad Economic History Fuels Bad Present-Day Economic Policies

An American Enterprise Institute Discussion of “The Triumph of Economic Freedom”

Tweet The post An American Enterprise Institute Discussion of “The Triumph of Economic Freedom” appeared first on Cafe Hayek.

An American Enterprise Institute Discussion of “The Triumph of Economic Freedom”

Why the U.S. Produces More Unicorns Than China and the EU

The United States has produced about twice as many unicorns (private startups valued at $1B+) as China and more than four times as many as the European Union. These numbers reflect deep institutional and cultural advantages in the U.S. startup ecosystem. Table: Number of Unicorns Created Since ~1990 Region Cumulative Unicorns United States ~1,950 China…

Why the U.S. Produces More Unicorns Than China and the EU

Irrationality As the Fountainhead of Market Failure

An excerpt from Chapter 4 of *Unbeatable*

Irrationality As the Fountainhead of Market Failure

Excusing the Government

An excerpt from Chapter 3 of *Unbeatable*

Excusing the Government

Pro-Market & Pro-Business: Firms Strive to Satisfy the Customer

Kevin Gentry Talks With Me About Trade and Phil Gramm’s and My New Book

TweetThanks for the honor, Kevin! The post Kevin Gentry Talks With Me About Trade and Phil Gramm’s and My New Book appeared first on Cafe Hayek.

Kevin Gentry Talks With Me About Trade and Phil Gramm’s and My New Book

David Friedman on markets, governments and whether we need either?

The Mainstream World Is Not Free-Market

An excerpt from Chapter 1 of *Unbeatable*

The Mainstream World Is Not Free-Market

Policy whiplash risks eroding NZ’s investment stability

Roger Partridge writes-  Resources Minister Shane Jones recently floated a novel idea: Government-backed insurance for oil and gas investors to protect them against future policy reversals. Let that sink in. A New Zealand minister is contemplating taxpayer-funded insurance to compensate companies against… the decisions of future New Zealand Governments.

Policy whiplash risks eroding NZ’s investment stability

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