Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Oct 2025 Leave a comment
in development economics, growth miracles, liberalism, libertarianism Tags: Argentina
The good part about being a libertarian or classical liberal is that you are always morally and economically correct. The bad part is that very few elections ever produce unambiguously happy outcomes. Here’s my list: 1980 presidential election in the United States. 1994 and 2010 congressional elections in the United States.* 2016 vote for Brexit […]
Another Libertarian Landslide in Argentina
27 Oct 2025 Leave a comment
in budget deficits, development economics, economic growth, fiscal policy, growth disasters, growth miracles, macroeconomics, monetary economics Tags: Argentina
I explained two months ago that Argentina’s mid-term elections are critically important, and here’s some of what I said in an interview with Austin Peterson. I’ll be paying close attention to the results later today for three reasons. The mid-term elections will determine whether Milei has legislative support for the additional reforms that are desperately […]
The Out-Sized Importance of Today’s Mid-Term Elections in Argentina
20 Oct 2025 1 Comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles Tags: age of empires, economics of colonialism
The British Empire, which at its height ruled over a quarter of the world’s population and landmass, remains one of the most consequential forces in global history. Its legacy is deeply contested: defenders emphasize the spread of law, education, and infrastructure, while critics highlight the violence, exploitation, and cultural destruction it entailed. A balanced assessment […]
The Costs and Benefits of British Colonialism
13 Oct 2025 Leave a comment
in applied price theory, development economics, economics of religion, growth disasters, growth miracles Tags: The Great Enrichment
TweetHere’s a letter to a new correspondent. Mr. __: Thanks for sharing Sohrab Ahmari’s tweet, which I’d not otherwise have noticed. It is, frankly, pathetically inept. In order to criticize the pro-free-market Acton Institute, Ahmari favorably quotes Pope Leo’s assertion that “pseudo-scientific data are invoked to support the claim that a free market economy will…
Sorry, But Pope Leo Is Mistaken
02 Oct 2025 Leave a comment
in development economics, economic history, growth miracles, labour economics, labour supply, population economics Tags: ageing society, China, population bust
25 Sep 2025 Leave a comment
in applied price theory, development economics, economic history, growth disasters, growth miracles, history of economic thought, Marxist economics Tags: East Germany, economics of central planning, West Germany
07 Sep 2025 Leave a comment
in development economics, economic history, energy economics, growth miracles Tags: China
04 Sep 2025 Leave a comment
in development economics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, growth miracles Tags: China, coal power
By Paul Homewood China continues to burn more and more coal, according to dw.com: China burned more coal at power plants between January and July of 2025 than at any time since 2016, despite massive renewable capacity, according to new environmental research report. The report, published by the Center for Research on Energy and […]
China Still Building Coal Power Plants
03 Sep 2025 1 Comment
in comparative institutional analysis, development economics, economic history, economics of crime, growth disasters, growth miracles, law and economics, property rights Tags: India
The FT’s Krishn Kaushik covers the courts in India: …in one recent example a Delhi court concluded a property dispute after 66 years. Both the original litigants were dead. Still, the lawyer for one of the warring parties cautioned that the conclusion was in fact not the end, as the ruling would be appealed. Three […]
Inside India’s endless trials
31 Aug 2025 Leave a comment
in development economics, economic history, growth miracles, international economics Tags: free trade
24 Aug 2025 Leave a comment
in applied price theory, development economics, economic history, entrepreneurship, growth miracles, history of economic thought, industrial organisation, international economics, politics - USA, Public Choice, rentseeking Tags: free trade, tariffs
TweetHere’s a second note to a commenter at my Facebook page. Mr. Schlomach: Commenting on my Facebook page, you allege that China ‘dumps’ goods in the U.S. and, in doing so, “has used our love of cheap stuff to suck our country of strategically critical technology/industry.” By suggesting that your fellow Americans buy stuff simply…
More On Alleged Chinese Dumping
06 Aug 2025 Leave a comment
in development economics, economic history, growth disasters, growth miracles, transport economics, urban economics Tags: India
04 Aug 2025 Leave a comment
in applied price theory, development economics, economics of bureaucracy, economics of regulation, growth disasters, growth miracles, labour economics, labour supply, occupational choice, Public Choice Tags: India
In Massive Rent-Seeking in India’s Government Job Examination System I argued that the high value of government jobs has distorted India’s entire labor market and educational system. India’s most educated young people—precisely those it needs in the workforce—are devoting years of their life cramming for government exams instead of working productively. These exams cultivate no […]
The Tragedy of India’s Government-Job Prep Towns
25 Jul 2025 Leave a comment
in development economics, growth disasters, growth miracles, international economics, liberalism, libertarianism Tags: Argentina, tariffs
Part I of this series celebrated Javier Milei’s amazing success, Part II pointed out that labor market liberalization is still a big challenge, while Part III noted that the tax system still needs to be fixed. This final video in the series explains the need for free trade. As noted in the video, Milei inherited […]
Expanding the Milei Miracle: Trade Liberalization
23 Jul 2025 Leave a comment
in applied price theory, budget deficits, comparative institutional analysis, constitutional political economy, development economics, economic growth, fiscal policy, growth disasters, growth miracles, law and economics, liberalism, libertarianism, macroeconomics, property rights Tags: Argentina
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
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
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
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
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
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
The world's most viewed site on global warming and climate change
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
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Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
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
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
Utopia, you are standing in it! 
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