Celebrating humanity's flourishing through the spread of capitalism and the rule of law
02 Aug 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: 2024 presidential election, economics of immigration
Texas won a big victory in the United States Court of Appeals in the long struggle over floating buoy barriers in the Rio Grande River to help block unlawful migration. In United States v. Abbott, the court ruled 11-7 in an en banc decision against the Biden Administration over the barrier. It is an interesting decision […]
Don’t Mess with Texas: Fifth Circuit Rules Against the Biden Administration in Buoy Dispute on Southern Border
01 Aug 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, history of economic thought, macroeconomics
See Socialists, Knowledge of History and Agency. These are letters to the editor of The WSJ in response to an article about socialism by Joseph Epstein. The one below reminded me of a 1992 article by Robert Samuelson in Newsweek. “Joseph Epstein’s “Socialists Don’t Know History” (op-ed, May 30, 2019) on the abysmal historical knowledge…
Joseph Schumpeter, Capitalism and Intellectuals
27 Jul 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law
Justice Joe Williams in his 2013 paper Lex Aoteoroa made a case for Māori tikanga being recognized as New Zealand’s “first law”. Tikanga existed prior to New Zealand’s development of a legal system based on the British model. Without written language pre-European Māori tikanga is not well documented. However, its customs and norms governed, for […]
Tikanga, law and information asymmetry
24 Jul 2024 Leave a comment
in constitutional political economy, economics of crime, law and economics, politics - New Zealand, Public Choice Tags: constitutional law, free speech, Maori economic development, political correctness, regressive left
This video, professionally made and showing Kiri Tamihere-Waititi doing what can only be called ranting about her oppression and that of the Māori people, and then winding up by calling for the overthrow of the New Zealand, has caused a stir in that country. I am told that Tamihere-Waititi is a powerful member of Te […]
Māori Party political leader curses and rants on video, calling for overthrow of New Zealand’s government
12 Jul 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, law and economics, Public Choice Tags: France
The outcome of the French assembly election of 2024 appears to have set up a situation that could be described as the “ideal” way that semi-presidential systems are meant to operate, based on how such governance models were articulated by their original theorists.
Is France about to demonstrate “ideal” semi-presidentialism in action?
11 Jun 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of crime, law and economics, politics - USA Tags: 2016 US presidential election, 2020 presidential election, 2024 presidential election
Below is my column in The Hill on the latest calls to protect democracy with distinctly undemocratic measures. Former presidential candidate Hillary Clinton insisted that the 2024 election was our D-Day, suggesting that voters would have to fight the GOP like the Nazis in World War II. Clinton previously called on Europe to censor American […]
Can Democracy Survive the “Defenders of Democracy”?
10 Jun 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, macroeconomics Tags: constitutional law
Just as trend lines are important for fiscal policy, they are perhaps even more important when looking at economic performance. Even small difference in annual growth rates, for instance, can lead to big changes in prosperity within a couple of decades. And enormous changes over longer periods of time. All of which explains why I’m […]
Leftists Against Growth: Honest, but Wrong
06 Jun 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, Public Choice, rentseeking Tags: Age of Discovery, age of empires, economics of colonialism
05 Jun 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, law and economics Tags: British constitutional law, British politics, Scotland
*Editors’ Note: This post is part of the ‘Unwritten Constitutional Norms and Principles Blog Series’* Throughout the life of devolution, the courts appear to have diverged on how to properly determine the scope and limits of devolved lawmaking power, and the extent to which norms and principles not expressly contained in the text of the […]
Nicholas Kilford: Interpreting The Devolution Statutes
01 Jun 2024 Leave a comment
in constitutional political economy, income redistribution, law and economics, Public Choice, public economics Tags: constitutional law
“Democracy is on the ballot.” That mantra of President Joe Biden and other democrats has suggested that “this may be our last election” if the Republicans win in 2024. A few of us have noted that the Democrats seem more keen on claiming the mantle of the defenders of democracy than actually practicing. Democrats have […]
“Democracy is on the Ballot”: California Democrats Seek to Prevent Voters from Approving New Taxes
30 May 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economic history, economics of crime, environmental economics, history of economic thought, law and economics, liberalism, libertarianism
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
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
26 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, entrepreneurship, growth disasters, history of economic thought, income redistribution, industrial organisation, law and economics, liberalism, Marxist economics, property rights, Public Choice Tags: economics of socialism
“to employ a hundred people is… exploitation, but to command the same number [is] honorable.” That’s an actual book by the way, explaining that although communism has failed in the past across different nations, races and cultures, it might work in the future where machines can create anything we want. Think Star Trek’s replicator technology. […]
Why Socialism Won’t Die
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
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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