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
Some Links
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
DON BRASH: WHAT KIND OF COUNTRY DO WE WANT TO BE?
03 Feb 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, discrimination, economic history, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, constitutional law, political correctness, racial discrimination, regressive left
Last Sunday, the Sunday Star-Times recalled on its front page the “fiery debate” triggered by my speech to the Orewa Rotary Club just 20 years earlier. Articles by several authors in the same paper brought the debate up-to-date and warned of the dangers of ACT’s Treaty Principles Bill, which the National Party’s coalition agreement with…
DON BRASH: WHAT KIND OF COUNTRY DO WE WANT TO BE?
MICHAEL BASSETT: Shane Jones deserves support about the Waitangi Tribunal
31 Jan 2024 Leave a comment
in constitutional political economy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law
Michael Bassett writes – Shane Jones deserves full support for his round-arm swing at the Waitangi Tribunal which is now fiddling about with a constitutional inquiry and deciding who can take part in it. A clause in New Zealand First’s coalition agreement with the National Party commits the government to amending the Waitangi Tribunal’s legislation […]
MICHAEL BASSETT: Shane Jones deserves support about the Waitangi Tribunal
Some Thoughts On The Dissolution And Calling Of Parliament Bill
30 Jan 2024 Leave a comment
in constitutional political economy, law and economics Tags: British constitutional law
The House of Lords is now considering the Dissolution and Calling of Parliament Bill that was passed by the Commons back in September. It would repeal the Fixed-term Parliaments Act 2011 and restore the pre-2011 status quo whereby the Sovereign dissolved Parliament at the request of the Prime Minister. Regular readers of my blog will […]
Some Thoughts On The Dissolution And Calling Of Parliament Bill
Milei Speaks Truth to WEF Elite Power
19 Jan 2024 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, entrepreneurship, growth disasters, growth miracles, history of economic thought, labour economics, law and economics, macroeconomics, property rights Tags: Argentina
Argentina’s President Javier Milei had a warning for those attending the annual WEF meeting in Davos, Switzerland; ‘the Western world is in danger’ from ‘collectivist experiments’ such as Diversity, Equity and Inclusion (DEI), and has called on the world to reject socialism and instead embrace “free enterprise capitalism” to end global poverty. H/T zerohedge “Today, […]
Milei Speaks Truth to WEF Elite Power
What Economics Gets Wrong Today – David Friedman | Podcast EP 29
15 Jan 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, economic history, economics of crime, energy economics, environmental economics, global warming, history of economic thought, law and economics, liberalism, libertarianism, market efficiency, Marxist economics, Milton Friedman, property rights
DON BRASH: WHY THE MAORI ELECTORATES MUST GO
14 Jan 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, discrimination, politics - New Zealand Tags: constitutional law, racial discrimination
One of the strange omissions from the coalition agreements which marked the establishment of the new Government was any reference to the Maori electorates. Perhaps in one sense the omission was not strange: there had been little or no discussion about those electorates during the election campaign, either by those parties which might have…
DON BRASH: WHY THE MAORI ELECTORATES MUST GO
David Friedman: What is Anarcho-Capitalism? | Robinson’s Podcast #160
12 Jan 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, development economics, economics of climate change, economics of crime, energy economics, environmental economics, global warming, law and economics, liberalism, libertarianism, Marxist economics, property rights, Public Choice, Rawls and Nozick
The authorities officially referred to the Berlin Wall as the Anti-Fascist Protection Rampart
06 Jan 2024 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought, liberalism, Marxist economics Tags: fall of the Berlin wall, The Great Enrichment
DON BRASH: The new government has one helluva a task in front of it: Compulsory indoctrination is unworthy of professional bodies
28 Dec 2023 Leave a comment
in constitutional political economy, law and economics, liberalism, Marxist economics, politics - New Zealand, Public Choice, rentseeking Tags: consititutional law, political correctness, regressive left
The other day, I became aware of another example of the way in which the last Government tried to embed its own narrow interpretation of the Treaty of Waitangi into every aspect of New Zealand life. This one involves the Real Estate Authority. Like many similar bodies, it encourages its authorized agents to get…
DON BRASH: The new government has one helluva a task in front of it: Compulsory indoctrination is unworthy of professional bodies
Argentina Milei reform impressions
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, constitutional political economy, development economics, economic growth, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, history of economic thought, income redistribution, international economics, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics, property rights, Public Choice, public economics, rentseeking, unemployment Tags: Argentina
I didn’t have much time in Argentina, but I can pass along a few impressions about how Milei is doing, noting I hold these with “weak belief”: 1. He is pretty popular with the general population. He is also popular in B.A. in particular. People are fed up with what they have been experiencing. It […]
Argentina Milei reform impressions
Dr Lawrie Knight: Fact Checking Waitangi Tribunal Finding
16 Dec 2023 Leave a comment
in constitutional political economy, economic history, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
Evidence that Northern ,Māori ,knew they were ceding sovereignty to the Crown when they signed the Treaty of Waitangi – fact checking the Waitangi Tribunal 2014 findings and the 2023 findings released on the 8th of December 2023. The Waitangi Tribunal has stated in its 2014 inquiry into Te Paparahi o Te Raki, that the…
Dr Lawrie Knight: Fact Checking Waitangi Tribunal Finding
The Italian Government seeks a new constitutional reform
05 Dec 2023 Leave a comment
in constitutional political economy Tags: constitutional law, Italy
The following is a guest planting about the Italian government’s constitutional reform proposal by Gianluca Passarelli, and it addresses various questions that we had in previous discussions of this topic (1, 2). After the attempt made in 2016 when the parliament approved a reform promoted by Prime Minister Matteo Renzi (Democratic Party, centre-left) but that […]
The Italian Government seeks a new constitutional reform
Counsellors Of State In The Age Of Remote Work
03 Dec 2023 Leave a comment
in comparative institutional analysis, constitutional political economy, law and economics Tags: British constitutional law
There’s an interesting detail tucked away near the end of the Letters Patent signifying Royal Assent to the Patient Safety Commissioner for Scotland Bill. The final clause reads “WITNESS Ourself at Kenya on the second day of November in the second year of Our Reign,” meaning the King signed the document while on a state […]
Counsellors Of State In The Age Of Remote Work
Lord Hannan, Daniel speaks about equality, the Treaty and the Taxpayers’…
01 Dec 2023 Leave a comment
in comparative institutional analysis, constitutional political economy, discrimination, economic history, economics of crime, gender, history of economic thought, law and economics, liberalism, Marxist economics, politics - New Zealand, politics - USA, property rights, Public Choice Tags: Age of Enlightenment, free speech, political correctness, regressive left
Utopia, you are standing in it! 
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