26 Oct 2026
by Jim Rose
in budget deficits, development economics, economic growth, economic history, fiscal policy, growth disasters, labour economics, macroeconomics, welfare reform
Tags: Brazil
It would take true Milei-like ardour to slice through Brazil’s economic troubles. These are caused by a gnarly mix of high public spending, stubborn inflation and low saving. The result is a crippling cost of capital. Some analysts put Brazil’s real interest rate, the BCB’s policy rate adjusted for next year’s expected inflation, at 9% or…
Brazil’s economic problems, in a nutshell
22 Oct 2026
by Jim Rose
in applied price theory, Austrian economics, business cycles, economic history, economics of regulation, great depression, great recession, history of economic thought, law and economics, macroeconomics, monetary economics, property rights, Public Choice, rentseeking
Tags: monetary policy
22 Oct 2026
by Jim Rose
in applied price theory, economic growth, economic history, entrepreneurship, fiscal policy, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics
Tags: California, taxation and entrepreneurship, taxation and investment
21 Oct 2026
by Jim Rose
in applied price theory, Austrian economics, economic history, economics of regulation, entrepreneurship, history of economic thought, income redistribution, industrial organisation, labour economics, labour supply, law and economics, Murray Rothbard, occupational regulation, property rights, Public Choice, public economics, rentseeking, urban economics
Tags: cartels, competition law, zoning
21 Oct 2026
by Jim Rose
in defence economics, development economics, economic history, growth disasters, International law, laws of war, war and peace
Tags: Ukraine, Iraq, Russia, Afghanistan, economics of colonialism
Reading the final chapters of Orlando Figes’ excellent and highly readable history of Russia, about the rise of Vladimir Putin and the lead-up to the war with Ukraine, I found myself growing more sympathetic to Putin’s accusations of western hypocrisy, and began to make a list of examples. Putin is a dangerous monster, but sometimes […]
Vladimir Putin and western hypocrisy
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