Celebrating humanity's flourishing through the spread of capitalism and the rule of law
21 Nov 2023 Leave a comment
in development economics, economic history, growth disasters, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics Tags: Argentina, dollarisation
After a libertarian candidate took first place in Argentina’s presidential primary back in August, I wrote that the runoff would be the most important election of 2023 (even more important than the fortunately failed referendum to weaken TABOR in Colorado). Amazingly, Argentinian voters opted for the libertarian by a strong 56-44 margin. To understand President-Elect […]
A Libertarian Landslide in Argentina
21 Nov 2023 Leave a comment
in development economics, economic history, growth disasters Tags: South Africa
In April 1994, almost 30 years ago, Nelson Mandela was elected as the first black president of South Africa. The hopes at the time went beyond developing a representative political process, and included the idea that policies of inclusive growth would raise the standard of living for whose who had been excluded. How is that…
South Africa’s Economy: 30 Years Since Apartheid
16 Nov 2023 Leave a comment
in defence economics, development economics, economic history, growth disasters, history of economic thought, law and economics, macroeconomics, monetary economics, property rights Tags: monetary policy, Somalia
The rebel-controlled Yemeni rial is made up entirely of a fixed supply of notes printed prior to 2016. In the chart below you can see it appreciating in value (the blue line) against the dollar, issued by the world’s most powerful state. pic.twitter.com/vioXHmz2wQ — John Paul Koning (@jp_koning) November 15, 2023
Quantity theory of money, or fiscal theory of the price level?
16 Nov 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles
By Paul Homewood Emperor Wind may have no clothes, but King Coal carries on regardless! New Delhi: The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further boost it to 1.577 billion tonne by 2030. Current domestic […]
India To Increase Coal Production By 60%
08 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, Marxist economics, poverty and inequality, privatisation, property rights, Public Choice, public economics Tags: economics of socialism, Sweden
Two days ago at Texas Christian University, I debated Scott Sehon, chair of Bowdoin College’s Philosophy Department, on Capitalism versus Socialism. (Video forthcoming eventually). My opening statement was a slight variation on the one I wrote for an earlier debate on the same topic with Elizabeth Bruenig. Sehon’s opening statement was adapted from his Socialism:…
Reflections on the TCU Capitalism versus Socialism Debate
07 Nov 2023 Leave a comment
in development economics, economic history, economics of education, growth disasters, growth miracles, human capital, labour economics
04 Nov 2023 Leave a comment
in development economics, economic history, economics of crime, energy economics, entrepreneurship, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, Public Choice, public economics, urban economics Tags: South Africa
29 Oct 2023 Leave a comment
in applied price theory, development economics, discrimination, economic history, gender, growth disasters, growth miracles, human capital, labour economics, labour supply, law and economics, Marxist economics, minimum wage, occupational choice, politics - USA, property rights, Public Choice, Thomas Sowell
Thomas Sowell is a skilled writer with a powerful ability to combine historical, social science and free-market perspectives. He cuts through the noise and doesn’t mince his words on the sensitive topics of race and culture. In Race and Culture Sowell argues against two common social science doctrines: 1) that all races are equal and […]
Book Review: Race and Culture by Thomas Sowell
25 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought
Here is debate audio for last week’s Capitalism versus Socialism Debate at TCU. Scott Sehon was a fine opponent, in the same league as John Marsh. Enjoy!P.S. Thanks again to Rob Garnett and Sam Arnold for hosting.
Which Is Better: Capitalism or Socialism?
16 Oct 2023 Leave a comment
in David Friedman, development economics, economic history, economics of crime, growth disasters, growth miracles, history of economic thought, law and economics, liberalism, libertarianism, property rights
27 Sep 2023 Leave a comment
in development economics, economic history, growth disasters, Marxist economics Tags: China
16 Sep 2023 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: India, moon landings, space
Coal-fired power is at the heart of India’s mission to lift millions out of poverty. India has 285 plants with a capacity of 211GW already operating; it’s currently building a further 30GW of coal-fired generation capacity, with a further 35GW in pre-construction stages. A visit to India shows how serious it is about serious power […]
How Cheap & Reliable Coal-Fired Power Drove India From Poverty to The Moon
02 Sep 2023 Leave a comment
in applied price theory, applied welfare economics, development economics, growth disasters, health economics
Link to article: Some 28 shipments [of low-priced AIDS drugs] were diverted from African countries to Paris and Brussels, then moved to Antwerp, where the customs officers noticed something was amiss. The drugs then moved into the normal wholesale chain and were sold at European prices – up to £3.80 a tablet instead of the…
Price Discrimination saves lives: Glaxo’s AIDS drugs
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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