1840
29 Jan 2025 Leave a comment
in economic history, international economics, International law Tags: economics of borders, Europe, maps
The 1920s immigration restrictions
29 Jan 2025 Leave a comment
in applied price theory, discrimination, econometerics, economic history, human capital, labour economics, labour supply, politics - USA Tags: economics of immigration, racial discrimination
The 1920s immigration restrictions in the US did not affect manufacturing wages. The US immigration restrictions of the 1920s lowered the occupational standings of whites and incumbent immigrants. US counties with more immigrants excluded by the quotas of the 1920s saw increased in-migration. During the Great Black Migration of the US, black southerners moved to […]
The 1920s immigration restrictions
Here Lies the Systematic Racism
28 Jan 2025 Leave a comment
in discrimination, economic history, economics of education, labour economics, law and economics, liberalism, Marxist economics, politics - USA, urban economics Tags: political correctness. regressive left, racial discrimination. free speech
I pretty much hate the term “systematic racism,” which is a clever rebranding by the DEI folks of the Christian concept of “original sin.” Try to tell the Church that you have behaved ethically? Doesn’t matter, you still need us to remove the stain of your original sin. Try to tell the DEI trainer you…
Here Lies the Systematic Racism
ELIZABETH RATA: Oral Presentation to the Parliamentary Justice Committee on the Principles of the Treaty of Waitangi Bill
28 Jan 2025 1 Comment
in economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law, racial discrimination
January 27, 2025 What is the best title given to any New Zealand legislation? My money is on the 1877 Education Act – ‘An Act to make Further Provision for the Education of the People of New Zealand’ – the People of New Zealand. So as early as the 1870s there’s the commitment to a…
ELIZABETH RATA: Oral Presentation to the Parliamentary Justice Committee on the Principles of the Treaty of Waitangi Bill
MICHAEL BASSETT: REFORMING THE WAITANGI TRIBUNAL
27 Jan 2025 Leave a comment
in economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law, racial discrimination
So loud are the squeals from the likes of Debbie Ngarewa-Packer against the new appointments to the Waitangi Tribunal that I can only assume that Minister Tama Potaka has got things right. And that the new members are likely to shake the organisation into some sort of compliance with its mission that was set out…
MICHAEL BASSETT: REFORMING THE WAITANGI TRIBUNAL
A Wartime Natural Experiment About Copyright
26 Jan 2025 1 Comment
in applied price theory, comparative institutional analysis, defence economics, econometerics, economic history, economics of education, economics of information, economics of media and culture, economics of regulation, industrial organisation, law and economics, politics - USA, property rights, war and peace Tags: patents and copyrights, World War II
One of the hardest questions in copyright policy is: “What would have happened otherwise?” When Disney lobbies for longer copyright terms or academic publishers defend high subscription fees, we struggle to evaluate their claims because we can’t observe the counterfactual. What would happen to creativity and innovation if we shortened copyright terms or lowered prices? […]
A Wartime Natural Experiment About Copyright
How to Visit India for Normies
25 Jan 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, growth disasters, growth miracles, international economics Tags: India
In the comments to my post, India has Too Few Tourists, many people worried about the food, the touts and the poverty. Many of these comments are mistaken or apply only if you are traveling to India on the cheap as an adolescent backpacker (nothing wrong with that but I suspect the MR audience is […]
How to Visit India for Normies
I like maps
24 Jan 2025 Leave a comment
in defence economics, economic history, international economics, International law, war and peace Tags: Nazi Germany, World War I, World War II
Never forget
22 Jan 2025 Leave a comment
in economic history, health economics Tags: anti-vaccination movement, vaccines
The image is captioned “1940s Pediatric Iron Lung”.
Everything is Pretty Damn Awesome
21 Jan 2025 Leave a comment
in economic growth, economic history, liberalism, macroeconomics Tags: The Great Enrichment
At the age of about 60, my wife began having terrible pain in her hip. For about a year, this greatly limited her ability to walk longer distances. One of her great joys, exploring new places on foot, was suddenly impossible to pursue. And then the pain got so bad that she could barely sleep,…
Everything is Pretty Damn Awesome
Behind on vaccines blogging
21 Jan 2025 Leave a comment
in economic history, health economics Tags: anti-vaccination movement, regressive left, The Great Escape, vaccines
‘Mystery Volcano’ that Lowered Global Temperatures Nearly 2 degrees Fahrenheit in 1831 Identified
21 Jan 2025 Leave a comment
in economic history, economics of natural disasters, energy economics, environmental economics, global warming Tags: volcanoes
To find the volcano, researchers compared the chemistry of microscopic shards of ash extracted from ice cores drilled in Greenland with samples from the Zavaritskii caldera. They determined it was a perfect match.
‘Mystery Volcano’ that Lowered Global Temperatures Nearly 2 degrees Fahrenheit in 1831 Identified
Good Riddance, Joe Biden
20 Jan 2025 Leave a comment
in applied price theory, budget deficits, economic growth, economic history, economics of regulation, energy economics, environmental economics, fiscal policy, global warming, industrial organisation, labour economics, macroeconomics, monetary economics, politics - USA, Public Choice, rentseeking, survivor principle Tags: 2024 presidential election, regressive left
This is the last full day of Joe Biden’s dismal presidency, so let’s do what we did with Justin Trudeau and reflect on his pathetic legacy. I’ve already provided my own economic assessment of Biden’s record, so now let’s review how he is seen by others. We’ll start with the American people. According to a […]
Good Riddance, Joe Biden
Quotation of the Day…
19 Jan 2025 1 Comment
in Adam Smith, applied price theory, comparative institutional analysis, development economics, economic history, economics of love and marriage, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, property rights, unemployment
Tweet… is from page 53 of the late, great Harold Demsetz’s excellent 2008 book, From Economic Man to Economic System: Adam Smith and Thomas Malthus differed in their forecasts of mankind’s future. Smith (1776), in his Wealth of Nations, offered an optimistic view, basing this on his understanding of the new economic system that began…
Quotation of the Day…
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