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Roads over the centuries
15 Feb 2024 Leave a comment
in economic history, transport economics Tags: Roman empire
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part II
15 Feb 2024 Leave a comment
in economic history, economics of crime, law and economics Tags: British history
Letter from Catherine Howard to Thomas Culpeper During the investigation a love letter written in the Queen’s distinctive handwriting was found in Culpeper’s chambers. This is the only letter of hers that has survived (other than her later “confession”). On All Saints’ Day, November 1, 1541, the King arranged to be found praying in the […]
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part II
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part I.
14 Feb 2024 Leave a comment
in economic history, economics of crime, law and economics Tags: British history
Catherine Howard (c. 1523 – February 13, 1542), also spelt Katheryn Howard, was Queen of England and Ireland from 1540 until 1541 as the fifth wife of King Henry VIII of England and Ireland. She was the daughter of Lord Edmund Howard and Joyce Culpeper, a cousin to Anne Boleyn (the second wife of King Henry […]
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part I.
February 13, 1689: The Proclamation of King William III and Queen Mary II as Joint Monarchs of England
14 Feb 2024 Leave a comment
in constitutional political economy, economic history, law and economics Tags: British constitutional law, British history, British politics
King James II-VII’s departure during the Glorious Revolution significantly shifted the balance of power in favour of Prince Willem III of Orange, who took control of the provisional government on December 28th. Elections were held in early January for a Convention Parliament, which assembled on January 29th. The Whigs had a slight majority in the […]
February 13, 1689: The Proclamation of King William III and Queen Mary II as Joint Monarchs of England
Global GDP
14 Feb 2024 Leave a comment
in development economics, economic growth, economic history, growth miracles, macroeconomics Tags: The Great Enrichment
Cool chart which is split up by regions so it’s easy to find nations like little old New Zealand ($US 252 billion) and Israel ($539 billion). I was a little surprised at the latter as I thought they’d be much bigger with all the high tech companies they have, as well as having a population […]
Global GDP
Creative destruction
13 Feb 2024 Leave a comment
in economic history, entrepreneurship, financial economics, industrial organisation, survivor principle Tags: creative destruction
Changes in Political Ideology by Occupation
13 Feb 2024 Leave a comment
in economic history, liberalism, Marxist economics, politics - USA Tags: regressive left
And in just twenty years too. The following graph is terrifying – unless you love the idea of a de-facto One Party State, which the Left does.
Changes in Political Ideology by Occupation
T. C. Koopmans Demolishes the Phillips Curve as a Guide to Policy
12 Feb 2024 Leave a comment
in business cycles, econometerics, economic history, history of economic thought, macroeconomics, monetary economics
Nobel Laureate T. C. Koopmans wrote one of the most famous economics articles of the twentieth century, “Measurement Without Theory,” a devastating review of an important, and in many ways useful and meritorious, study of business cycles by two of the fathers of empirical business-cycles research, Arthur F. Burns and Wesley C. Mitchell, Measuring Business […]
T. C. Koopmans Demolishes the Phillips Curve as a Guide to Policy
Another gender gap gone
11 Feb 2024 Leave a comment
in discrimination, economic history, economics of education, gender, human capital, labour economics, labour supply, occupational choice
Is El Salvador special?
10 Feb 2024 Leave a comment
in development economics, economic history, economics of crime, growth disasters, law and economics
But Bukele copycats and those who believe his model can be replicated far and wide overlook a key point: The conditions that allowed him to wipe out El Salvador’s gangs are unlikely to jointly appear elsewhere in Latin America. El Salvador’s gangs were unique, and far from the most formidable criminal organizations in the entire […]
Is El Salvador special?
The highly inconvenient Sir Apirana Ngata
10 Feb 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law
Graham Adams writes — Sir Apirana Ngata has a pre-eminent place in the pantheon of Māori luminaries. He is widely regarded as a visionary leader who, in an illustrious political career, championed biculturalism when assimilationist policies were the norm. He energetically promoted Māori language and culture, and land reform. He was an MP for nearly […]
The highly inconvenient Sir Apirana Ngata
The Great Fact
10 Feb 2024 Leave a comment
in development economics, economic growth, economic history, gender, growth miracles, macroeconomics, poverty and inequality Tags: The Great Enrichment, The Great Fact
Worry Not About So-Called “Trade Deficits”
10 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, economic history, international economics, politics - USA Tags: current account
TweetThis piece by Rapoza also features a discussion of the U.S. trade deficit in “goods” – any mention of which is a sure sign that the writer is a poor economist. A trade deficit in tangible things is no more economically meaningful than is a trade deficit in yellow things or things that start with…
Worry Not About So-Called “Trade Deficits”
“The Spirit of Aloha”: The Hawaii Supreme Court Challenges the U.S. Supreme Court Over Gun Rights
10 Feb 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, economics of crime, law and economics, liberalism, politics - USA, property rights Tags: constitutional law, gun control
It has been 65 years since Hawaii became a state, but the Hawaiian Supreme Court appears to be having second thoughts. In an extraordinary ruling, the unanimous Supreme Court rejected the holdings of the United States Supreme Court on the Second Amendment as inapplicable to the 50th states. Hawaii apparently is controlled not by the…
“The Spirit of Aloha”: The Hawaii Supreme Court Challenges the U.S. Supreme Court Over Gun Rights
The Conway speech
08 Feb 2024 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, economics of bureaucracy, fiscal policy, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment Tags: monetary policy
I’ve been rather tied up with other stuff for the last few weeks (including here) which is why I’ve not previously gotten round to writing about the first piece of monetary policy communications from our Reserve Bank this year. That was the “speech” by the Bank’s chief economist (and MPC) member Paul Conway given to […]
The Conway speech
Utopia, you are standing in it! 
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