Act wants a referendum to define the principles of the Treaty of Waitangi. The principles do need redefining and that redefinition will almost certainly result in a reset that reverses a lot of the insertion of the undefined principles in areas which many think have nothing to do with the Treaty. It is 23 years […]
ELE LUDEMANN: Does reset need a referendum?
ELE LUDEMANN: Does reset need a referendum?
17 Nov 2023 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, law and economics, politics - New Zealand Tags: constitution law
Out of Africa
17 Nov 2023 Leave a comment
in economic history, economics of education, economics of media and culture Tags: Africa
BLOOD AND IRON: THE RISE AND FALL OF THE GERMAN EMPIRE 1871-1918 by Katja Hoyer
17 Nov 2023 Leave a comment
in economic history Tags: Germany
(German Chancellor Otto von Bismarck) It might surprise most of you that Germany has only been a country since 1871. By the mid-19th century Germany was a series of states, thirty nine to be exact. The dominant principalities were Prussia and Bavaria, one dominated the Lutheran north, the other the Catholic south. The question must […]
BLOOD AND IRON: THE RISE AND FALL OF THE GERMAN EMPIRE 1871-1918 by Katja Hoyer
‘Time’s finally up’: Impending Iceland eruption is part of centuries-long volcanic pulse
16 Nov 2023 Leave a comment
in economic history, economics of natural disasters
The headline obviously raises the question of the origin of such a pulse and of its suggested frequency. On the other hand a damp squib (from a spectator point of view) can’t be ruled out entirely at this stage, although some of the cracks already appearing on the surface do look quite large and other […]
‘Time’s finally up’: Impending Iceland eruption is part of centuries-long volcanic pulse
Quantity theory of money, or fiscal theory of the price level?
16 Nov 2023 Leave a comment
in defence economics, development economics, economic history, growth disasters, history of economic thought, law and economics, macroeconomics, monetary economics, property rights Tags: monetary policy, Somalia
The rebel-controlled Yemeni rial is made up entirely of a fixed supply of notes printed prior to 2016. In the chart below you can see it appreciating in value (the blue line) against the dollar, issued by the world’s most powerful state. pic.twitter.com/vioXHmz2wQ — John Paul Koning (@jp_koning) November 15, 2023
Quantity theory of money, or fiscal theory of the price level?
Milton Friedman: The Last Conservative | Hoover Institution
15 Nov 2023 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags: monetary policy
Filling in the Gaps: Next Steps for the Fiscal Theory of the Price Level
15 Nov 2023 Leave a comment
in applied price theory, budget deficits, business cycles, econometerics, economic history, financial economics, fiscal policy, great depression, great recession, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics Tags: monetary policy
What Did the German Public Know About the Holocaust During WWII?
15 Nov 2023 Leave a comment
in economic history, economics of crime, law and economics, laws of war, war and peace Tags: Nazi Germany, The Holocaust, World War II
Jennifer Burns on Milton Friedman 11/13/23
14 Nov 2023 Leave a comment
in applied price theory, Austrian economics, business cycles, comparative institutional analysis, econometerics, economic history, economics of education, economics of regulation, fiscal policy, great depression, history of economic thought, labour economics, liberalism, libertarianism, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: monetary policy
Police versus Prisons
13 Nov 2023 Leave a comment
in applied price theory, economic history, economics of crime, Gary Becker, history of economic thought, human capital, labour economics, labour supply, law and economics, occupational choice
Here’s a remarkable graph from the Council of Economic Advisers report on incarceration and the criminal justice system. The graph shows that the United States employs many more prison guards per-capita than does the rest of the world. Given our prison population that isn’t surprising. What is surprising is that on a per-capita basis we employ 35% […]
Police versus Prisons
Roland Fryer on Race, Diversity, and Affirmative Action
11 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, discrimination, economic history, economics of education, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: affirmative action, racial discrimination
November 9, 1918: Collapse of the German Monarchies
10 Nov 2023 Leave a comment
in defence economics, economic history, war and peace Tags: Germany, World War I
As the first Word War was drawing to a close, throughout the month of November 1918, all 22 monarchs within the German Empire were either forced to abdicate, or stepped down of their own accord. After the Oberste Heeresleitung stated the German front was about to collapse and asked for immediate negotiation of an armistice, […]
November 9, 1918: Collapse of the German Monarchies
Book Presentation with John Cochrane: “The Fiscal Theory of the Price Le…
09 Nov 2023 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, macroeconomics, Milton Friedman, monetarism, monetary economics, public economics Tags: monetary policy
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