This was in 1994, right after the Aristide regime was restored by Clinton. I had traveled a good deal by that time, mostly in North America, Europe, and southeast Asia. But I had never been anywhere truly dangerous. It seemed impossible to visit such places. It is not that I did any serious risk calculation, […]
My first trip to Haiti
My first trip to Haiti
29 Mar 2025 Leave a comment
in development economics, economic history, growth disasters Tags: Haiti
At the end of World War I, Britain was in heavy financial debt to the U.S. The question of repayments would bedevil both countries for decades
27 Mar 2025 Leave a comment
in defence economics, economic history, financial economics, international economic law, international economics, International law, war and peace Tags: British politics France, World War I
See ‘Mellon vs. Churchill’ Review: The Payback Problem by Benn Steil. He reviewed the book Mellon vs. Churchill: The Untold Story of Treasury Titans at War by Jill Eicher. Excerpts:”In a nutshell, the debt story of the 1920s goes like this. Following World War I, 10 countries owed the U.S. more than $10 billion ($190 billion…
At the end of World War I, Britain was in heavy financial debt to the U.S. The question of repayments would bedevil both countries for decades
Who believes in conspiracy theories?
26 Mar 2025 Leave a comment
in economic history, economics of education, health economics Tags: cognitive psychology, conspiracy theorists, political psychology
While the psychological dispositions that underlie conspiracy thinking are well researched, there has been remarkably little research on the political preferences of conspiracy believers that go beyond self-reported ideology or single political issue dimensions. Using data from the European Voter Election Study (EVES), the relationship between conspiracy thinking and attitudes on three deeper-lying and salient […]
Who believes in conspiracy theories?
A Brief History of Anti-Semitism
26 Mar 2025 Leave a comment
in economic history, economics of crime, law and economics Tags: antisemitism, The Holocaust
What does India want – and what is New Zealand willing to give?
25 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of education, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economic law, international economics, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, Public Choice, rentseeking, survivor principle Tags: India, preferential trade agreements
Chris Trotter writes – What does India want from New Zealand? Not our dairy products, that’s for sure, it’s got plenty of those. Indeed 45 percent of the Indian population are small-scale farmers, most of them running a few head of cattle – not to eat, you understand – but to milk. If it once […]
What does India want – and what is New Zealand willing to give?
Medieval Warm Period Undeniable, Pronounced In Antarctica And Poland, 2 New Studies Show
25 Mar 2025 1 Comment
in economic history, economics of climate change, economics of natural disasters, environmental economics, environmentalism, global warming Tags: climate alarmism
The two new studies from Antarctica and Poland indicate that the natural climate factors still need to be much better understood in order to be able to incorporate them faithfully into climate models. Currently, the simulations do not attribute a major role to natural climate events, which is a serious mistake.
Medieval Warm Period Undeniable, Pronounced In Antarctica And Poland, 2 New Studies Show
The importance of the chronometer
24 Mar 2025 1 Comment
in applied price theory, econometerics, economic history, industrial organisation, transport economics, urban economics Tags: Age of Discovery
The chronometer, one of the greatest inventions of the modern era, allowed for the first time for the precise measurement of longitude at sea. We examine the impact of this innovation on navigation and urbanization. Our identification strategy leverages the fact that the navigational benefits provided by the chronometer varied across different sea regions depending […]
The importance of the chronometer
Should asylum be restricted to neighbouring countries
24 Mar 2025 1 Comment
in defence economics, development economics, economic history, labour economics, labour supply, laws of war, war and peace Tags: economics of immigration
100,000 asylum seekers a year is massive, especially when you consider the many countries one has to pass through to get to the UK. The right of asylum is an ancient right to flee a government or ruler that persecutes you. It goes back thousands of years. In the modern era the UDHR says: Everyone […]
Should asylum be restricted to neighbouring countries
Beware: Flawed Energy Assumptions Incite Delusional Scenarios
23 Mar 2025 1 Comment
in econometerics, economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming
Mark P. Mills and Neil Atkinson blow the whistle on projections written in International Energy Agency’s (IEA) latest report, the World Energy Outlook. Below is the announcement of the report findings, key exhibits and Executive summary, excerpts in italics with my bolds and added images. Link to full study at the end. Overview Industry players […]
Beware: Flawed Energy Assumptions Incite Delusional Scenarios
The Anatomy of Marital Happiness
22 Mar 2025 Leave a comment
in applied price theory, econometerics, economic history, economics of love and marriage, industrial organisation, labour economics, population economics Tags: dating markets, economics of fertility, marriage and divorce, marriage premium
How can I not link to a new Sam Peltzman piece on such a topic? Here goes: Since 1972, the General Social Survey has periodically asked whether people are happy with Yes, Maybe or No type answers. Here I use a net “happiness” measure, which is percentage Yes less percentage No with Maybe treated as […]
The Anatomy of Marital Happiness
Commerce Secretary Lutnick Is Among Those Government Officials Who Are Ignorant of Basic Economic Facts
21 Mar 2025 Leave a comment
in applied price theory, economic history, industrial organisation, international economics, market efficiency, politics - USA, survivor principle, transport economics Tags: 2024 presidential election, free trade, tarrifs
TweetHere’s a note to the Highland County Press. Editor: Commerce secretary Howard Lutnick asserts that NAFTA allowed U.S. automobile producers to “screw” American auto workers by shifting auto-industry production to Mexico and Canada (“Trump Cabinet members: Tariff plans are working; tariffs could eliminate federal income tax for those earning less than $150,000,” March 20). Mr.…
Commerce Secretary Lutnick Is Among Those Government Officials Who Are Ignorant of Basic Economic Facts
Oldest known Australian hominin fossils to be reburied
21 Mar 2025 1 Comment
in economic history, economics of education, liberalism, Marxist economics, politics - Australia Tags: archeology, evolutionary biology, free speech, political correctness, regressive left
Once again we have a conflict between science and the unevidenced claims of superstition. This time it’s from Australia. Some of the “Willandra lakes fossils” from New South Wales, which include the famous “Lake Mungo remains” (three sets of hominin fossils that are the oldest ones known from Australia), have been or are scheduled to […]
Oldest known Australian hominin fossils to be reburied
The Grumpy Economist on Foreign aid: “send a person a fish every day, and he forgets how to fish.”
20 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, growth disasters, growth miracles Tags: overseas aid
John Cochrane recommends the Economist article Aid cannot make poor countries rich. From 2004 to 2014, foreign aid increased by 75%, but it didn’t help: 2004, William Easterly: aid was just as likely to shrink the world’s poorest economies as to help them grow. 2005, World Bank: grants and loans did not move the needle…
The Grumpy Economist on Foreign aid: “send a person a fish every day, and he forgets how to fish.”
Quotation of the Day…
19 Mar 2025 Leave a comment
in economic history, labour economics, poverty and inequality Tags: The Great Enrichment
Tweet… is from page 172 of the 2012 revised edition of Steven Landsburg’s great 1993 book, The Armchair Economist: [I]ncome statistics don’t account for everything we value. For one thing, we care about the quantity and quality of our leisure time. Here it’s by and large the poor who have made great strides, while the…
Quotation of the Day…
Auckland Uni Law School teacher: we must decolonize the universities and undo the damage of the “colonial project”
18 Mar 2025 Leave a comment
in discrimination, economic history, economics of bureaucracy, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
It’s not so surprising that Auckland University harbors a Māori activist like Eru Kapa-Kingi; what is surprising is that Auckland University has publicized his words and activities, amd they seem proud of them! For Kapa-Kingi’s goal is apparently to decolonize not just Auckland University (once the best university in New Zealand, now a hotpot of identity […]
Auckland Uni Law School teacher: we must decolonize the universities and undo the damage of the “colonial project”
Utopia, you are standing in it! 
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