Celebrating humanity's flourishing through the spread of capitalism and the rule of law
08 Mar 2024 1 Comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of climate change, economics of crime, energy economics, environmental economics, environmentalism, global warming, growth miracles, law and economics, liberalism, macroeconomics, Marxist economics, property rights Tags: climate alarmism, free speech, regressive left, The Great Enrichment
J. Scott Turner explains how the roots of environmental stewardship were poisoned, resulting in the perverted modern decarbonization movement. His Spectator Australia article is Environmentalism: from concern about clean air to throwing soup at the Mona Lisa. Excerpts in italics with my bolds and added images. H/T John Ray Garrett Hardin was a professor of biology […]
Environmentalism Perverted by Climatism
07 Mar 2024 Leave a comment
in defence economics, economic history, International law, law and economics, laws of war, liberalism, Marxist economics, politics - USA, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, war against terror
Within about a month of each other, two articles came out discussing how America’s most prominent liberal newspapers—the New York Times and the Washington Post—have both abjured proper standards of journalism when covering the Israel/Hamas war. (Further, the other day the Torygraph wrote about how the BBC does the same thing.) And, of course since […]
How the Washington Post and the New York Times practice abysmal journalism about the Middle East war
05 Mar 2024 Leave a comment
in econometerics, economic history, energy economics, environmental economics, global warming Tags: climate activists, climate alarmism
03 Mar 2024 Leave a comment
in economic history, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
We thought some good news wouldn’t go amiss. The following content speaks for itself. Just a quick note to introduce myself as the newest member of the Hobson’s Pledge team. A quick bit about myself: I am a husband, dad, and proud New Zealander. I have ancestors from Niue, England, and Tonga, and I hail…
ELLIOT IKILEI: Why I am joining Hobson’s Pledge
02 Mar 2024 Leave a comment
in econometerics, economic history, energy economics, environmental economics, global warming Tags: climate alarmism
The United Nations’ Intergovernmental Panel on Climate Change (IPCC) published their latest assessment report (AR6) in 2021. In 2023, the Clintel Foundation published a report which criticizes AR6.
IPCC’s New “Hockey Stick” Temperature Graph
29 Feb 2024 Leave a comment
in economic history, environmental economics, labour economics, labour supply, population economics Tags: ageing society, economics of fertility, economics of immigration, population bust
The Congressional Budget Office has published The Demographic Outlook: 2024 to 2054 (January 2024), which offers some recent history and projections of how the US population is evolving. Here are three snapshots: The Role of Immigration in Total US Population Growth The black line shows projected US population growth since 2004, with firm data up…
Three Snapshots of Where US Population is Headed
29 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, industrial organisation, survivor principle Tags: creative destruction
I’ve referred to “creative destruction” as the “best and worst part of capitalism.” This short video from the Fraser Institute is a good tutorial on the topic. The core message is that entrepreneurs improve our lives by coming up with new ideas, new technologies, and new products. That’s the good news. The bad news is […]
The Economics of Creative Destruction, Part II
27 Feb 2024 Leave a comment
in applied price theory, economic history, economics of regulation, politics - USA, urban economics Tags: land supply, zoning
In a post from July 2021, I discussed housing affordability and “zoning taxes” — in other words, how land use restrictions such as zoning were driving up the cost of housing in some US cities. San Francisco, Los Angeles, Seattle, and New York stood out as the clear outliers, with “zoning taxes” adding several multiples […]
The US Housing Market Is Very Quickly Becoming Unaffordable
27 Feb 2024 1 Comment
in applied welfare economics, econometerics, economic history, economics of regulation, health economics, politics - New Zealand Tags: economics of pandemics
Why are we still talking about Covid when many countries – like the US – have moved on? Well the US economy is currently booming and ours is stuck in the mud. The reason has emerged over time. Although our response to the virus was to be commended in early 2020 when no-one knew what…
ROBERT MacCULLOCH: Former PM Hipkins & Profs Bloomfield & Baker should be held accountable for quoting statistics that have now been shown to be wrongly estimated
27 Feb 2024 Leave a comment
in economic history, population economics Tags: life expectancies
Life expectancy is one of the key statistics in human wellbeing. However, we know surprisingly little about life expectancy prior to the systematic recording of births, deaths, and marriages, which began in England in 1538 with the establishment of parish registers. Many other countries started recording this data, but later in the 16th Century (or…
Lifespans of the rich and famous, from 800-1800 C.E.
26 Feb 2024 Leave a comment
in economic history, transport economics
📸 Look at this post on Facebook
https://www.facebook.com/share/XKSwzjxUr4X7YJL1/?mibextid=RXn8sy
26 Feb 2024 Leave a comment
in economic history, environmental economics, global warming
By Andy May Renee Hannon (@hannon_renee) pointed out that Raphael Neukom, et al. (2019) compares the modern instrumental temperature record to the Pages2K proxy temperature record and declares that: “… we find that the coldest epoch of the last millennium—the putative Little Ice Age—is most likely to have experienced the coldest temperatures during the fifteenth […]
Sorry, the Little Ice Age Does Exist
25 Feb 2024 Leave a comment
in business cycles, economic history, history of economic thought, macroeconomics, Milton Friedman, monetary economics Tags: monetary policy, wage and price controls
Reading the new Nicholas Wapshott book and also Krugman’s review (NYT) of it, it all seemed a little too rosy to me. So I went back and took a look at Paul Samuelson the macroeconomist. I regret that I cannot report any good news, in fact Samuelson was downright poor — you might say awful […]
How good was Paul Samuelson’s macroeconomics?
25 Feb 2024 Leave a comment
in economic history, economics of regulation, entrepreneurship, industrial organisation, macroeconomics
I periodically share Mark Perry’s famous “Chart of the Century” to show that government intervention is a recipe for rising relative prices.* Since economic principles don’t change when you cross national borders, one might expect to see similar patterns in other countries. And we do. Here’s a chart from Matthew Lesh of the Institute for […]
Government Intervention and Relative Prices
25 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, energy economics, environmental economics, global warming, income redistribution, industrial organisation, Public Choice, rentseeking Tags: price controls, The fatal conceit, unintended consequences, utility regulation
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
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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
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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
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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
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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