Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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
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
05 Jan 2024 Leave a comment
in applied price theory, defence economics, development economics, economic history, growth disasters, history of economic thought, war and peace Tags: Africa
Catching up is about radically raising growth in the countries now at the bottom…This book sets out an [aid] agenda for the G8 that would be effective. (The Bottom Billion, pages 12 and 13) Sir Paul Collier, Commander of the British Empire (CBE) and Fellow of the British Academy (FBA) is a British development economist […]
The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It by Paul Collier (2007)
01 Jan 2024 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: India
By Paul Homewood h/t Dennis Ambler This is in the latest edition of World Coal While growth in coal production slows gradually across the globe, India is setting itself apart from other countries, with its ambitions to aggressively increase its output.
India Determined To Increase Coal Output
29 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic history, fiscal policy, growth disasters, macroeconomics, monetarism, monetary economics Tags: Argentina
Writing about the economic tragedy of Argentina, I’ve explained that one major problem is inflation, thanks to that country’s version of “modern monetary theory.” This is not a trivial problem. Here’s a chart, from a recent report by Reuters, showing how prices have been rising for nearly 10 years and skyrocketing for the past three […]
The Worst Journalism of 2023
29 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, defence economics, economic growth, economic history, economics of information, Euro crisis, fiscal policy, fisheries economics, global financial crisis (GFC), great recession, growth disasters, growth miracles, history of economic thought, human capital, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics, Public Choice, public economics, unemployment
28 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: China
I wonder how their solar panels and frost sensitive EVs are working out for them?
Beijing Breaks Seven Decade Cold Weather Record
25 Dec 2023 Leave a comment
in applied price theory, development economics, econometerics, experimental economics, growth disasters, growth miracles, history of economic thought
David A. Price of the Richmond Fed carries out an interview titled “Angus Deaton: On deaths of despair, randomized controlled trials, and winning the Nobel Prize” (Econ Focus: Federal Reserve Bank of Richmond, Fourth Quarter 2023, pp. 18-22). Here are a few of Deaton’s comments that caught my eye: On his shift from “cosmopolitan prioritarianism” to…
Interview with Angus Deaton: Critiques of Cosmopolitan Prioritarianism and Randomized Control Trials
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
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics, rentseeking
22 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of regulation, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, monetary economics, Public Choice, public economics
20 Dec 2023 Leave a comment
in applied price theory, applied welfare economics, development economics, econometerics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: climate alarmism
The benefits of not meeting Paris Accord emissions-reduction targets outweigh the costs associated even with worst-case-scenario global warming throughout the 21st century.
From Now To 2100 Emission Reduction Policy Costs Greatly Exceed Any Net Benefit from Averted Warming
18 Dec 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: The Great Enrichment
…but for billions of people such stations are the difference between life and death, light and dark, food and no food.
Brendan O’Neill: COP28 and the scourge of eco-imperialism
13 Dec 2023 Leave a comment
in development economics, growth disasters, liberalism, libertarianism, Marxist economics Tags: Argentina
Unlike a lot of other people I didn’t get too excited about the election of Javier Milei to the presidency of Argentina, anarcho-capitalism and all. I’ve just been to disappointed by too many “Right-Wing” politicians over the decades, especially the ones who talked about cutting spending and more than that, shrinking the size of the State. […]
Afuera!
13 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, macroeconomics, Public Choice, public economics, rentseeking, Ronald Coase Tags: Argentina
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War II, Argentina has suffered a dramatic decline in relative living standards. However, something shocking has […]
An Upside-Down Economic History of Argentina
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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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
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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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
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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