By Paul Homewood One of our readers sent me this correspondence he had with the BBC a few weeks ago: Below is a letter I wrote at the beginning of October to Tony Grant, the editor of Radio 4’s ‘From our Own Correspondent’: Dear Mr Grant, I listened with disbelief at your piece […]
This month, there is a new case on the docket after the Supreme Court granted certiorari in Smith & Wesson Brands v. Estados Unidos Mexicanos. The First Circuit reversed a trial court that dismissed the case, alleging that the American firearms industry is legally responsible for violence in Mexico. I believe the First Circuit is […]
Does anyone seriously think any of these demands will be met? They’ve all been made before and the CO2 graph continues its steady rise, while assorted predictions of climate mayhem fail to show up. Some nations have swallowed the net zero dogma but many more haven’t, making increasing use of coal, gas and oil to […]
In total size, Japan’s economy is fourth-largest in the world, just behind Germany for third-largest. In per capita GDP, Japan is ahead of Spain and South Korea, although well behind Italy and France. With a life expectancy at birth of 84 years, ,Japan has one of the highest levels in the world. Clearly, Japan has…
Opening statements at my Steamboat Institute debate on open borders versus Sohrab Ahmari were so brief that I failed to even finish my slideshow. Since the audience didn’t get to see the whole thing, I’m sharing it here. Remember: This is the only immigration debate I’ve ever done where the resolution was explicitly about “benefit…
On my way to India, I connected through Abu Dhabi, capital city of the United Arab Emirates (UAE). During my one-day layover, I toured not only Abu Dhabi, but its more famous sister-city, Dubai. Here are my main thoughts.In Dubai, these are not empty words.Per-capita, UAE is the most amazing country I’ve ever seen. With…
(Berlin at the end of World War II) Today Germany finds itself as the strongest economic power in Europe, in addition to possessing major military influence due to the Russian invasion of Ukraine. Its influence in Europe is strong and many of the goals of the Nazi regime during World War II have been achieved […]
Up to $41 billion of the funds distributed to climate causes by the World Bank between 2017 and 2023 are unaccounted for due to poor accounting standards, according to an audit from Oxfam International published Thursday.
I’m back from my first trip to India, where I visited Mumbai, Delhi, Agra, and Amritsar. I enjoyed fine company in all four cities. In Mumbai, my new friend Sachin Aggarwal, head of the local EconTalk Club, rolled out the red carpet — and ACX Mumbai joined the festivities. (Thank you, Scott Alexander, for creating…
The Nobel prize goes to Daron Acemoglu, Simon Johnson and James Robinson for their work on institutions, prosperity, and economic growth. Here is a key piece summarizing their work: Institutions as a Fundamental Cause of Long-Run Growth. This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental cause of […]
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 has been awarded to Daron Acemoglu, Simon Johnson and James Robinson “for studies of how institutions are formed and affect prosperity.” Each year, the Nobel Committee helpfully publishes both a “Popular information” overview of of the award and a “Scientific Background” essay that goes into greater depth.…
Only wealthy Westerners have the luxury of pretending to get their power from sunshine and breezes. Elsewhere, there are billions scrambling to have power delivered reliably and affordably, as if their lives and economic futures depend upon it. Which they absolutely do. For as long as cynical NGOs keep peddling ridiculously expensive solar panels – […]
See When Leftists Were Free Traders: In Pax Economica, historian Marc-William Palen chronicles the left-wing history of free trade. From Reason magazine.Dr. Marc-William Palen is a historian at the University of Exeter. His Ph. D. is from The University of Texas.The review is very good. Here is the Amazon link for the book: Pax Economica:…
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.
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.”
“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.
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