Ask anyone in Australia’s competition law community what transformed the economy, and you will hear a familiar story. Australia was once a cartelised, complacent place where businesses divided up markets and consumers paid the price. Then came the Trade Practices Act in 1974, and competition law forced firms to compete. This is not a fringe […]
Dismantling the competition myth
Dismantling the competition myth
06 Mar 2026 Leave a comment
in Austrian economics, comparative institutional analysis, economic history, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, law and economics, organisational economics, politics - Australia, technological progress, theory of the firm Tags: competition law, creative destruction
Germany’s “Energy Transition” Hits the Ice: LNG Crisis Exposes the Costs of Shunning Nuclear and Baseload Power
05 Mar 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: wind power, solar power, Germany, celebrity technologies
Baseload power sources — whether nuclear or coal — were dismissed prematurely with pie-in-the-sky magical-thinking that a renewables-centric system could replace them quickly. But the reality of an industrialized society is that demand does not pause when the wind stops blowing or when Baltic ice slows a tanker. In that context, abandoning dispatchable power before…
Germany’s “Energy Transition” Hits the Ice: LNG Crisis Exposes the Costs of Shunning Nuclear and Baseload Power
Travel advice for vapers
03 Mar 2026 Leave a comment
in economics of regulation, health economics, international economics Tags: nanny state
The Telegraph has written a guide for vapers travelling to parts of the world that are even more hostile to e-cigarettes. I am quoted in it. Christopher Snowdon, head of lifestyle economics at the Institute of Economic Affairs and editor of the Nanny State Index, which ranks countries by how much they interfere with people’s lifestyle…
Travel advice for vapers
The Cult | A Net Zero Watch Short Film
02 Mar 2026 Leave a comment
in economics of climate change, economics of education, economics of regulation, energy economics, environmental economics, environmentalism, global warming, movies
The brilliant Colin Brazier returns for our second short film on the cult of Net Zero and how it protects ‘green’ policies from being questioned by stifling debate and cracking down on free speech.
The Cult | A Net Zero Watch Short Film
Laying Off Workers: Cheap vs. Expensive
01 Mar 2026 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, labour economics, labour supply, survivor principle Tags: creative destruction
When thinking about what makes an economy flourish, many of us tend to focus on the success stories of innovation and growth. After all, success stories involve an element of risk, which means a chance of failure. When it’s more expensive to fail, then avoiding the risk of failure–by avoiding innovative but risky business choices–starts…
Laying Off Workers: Cheap vs. Expensive
The amazing NZ aerospace industry
01 Mar 2026 Leave a comment
in economics of regulation, entrepreneurship, environmental economics, industrial organisation
The Post reports: The Government has lifted a looming cap on rocket launches over New Zealand waters, in a move pitched as clearing the way for the country’s fast-growing space and advanced aviation industries. Space Minister Judith Collins and Environment Minister Penny Simmonds on Thursday confirmed the permitted number of launches that can drop rocket debris…
The amazing NZ aerospace industry
It Has Become Cheaper to Lose Weight
28 Feb 2026 Leave a comment
in economics of regulation, entrepreneurship, health economics, industrial organisation Tags: creative destruction
Finding out that GLP-1 drugs can help reduce weight has been life changing for many and could stem the social costs of being overweight. Recently, prices have fallen dramatically. I asked ChatGPT to for some summary data for Wegovy & Zepbound which I plot below. Competition matters. Initially, Wegovy was the effective monopolist selling at a list price…
It Has Become Cheaper to Lose Weight
‘Disaster’! Climate groups slam Germany for scrapping renewable heating law
27 Feb 2026 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, Public Choice, urban economics Tags: Germany
“Habeck’s heating hammer” set to bite the dust. Maybe net zero zealotry is not the complete answer to modern energy supply after all, despite what its supporters keep claiming. – – – A revision of an existing law will now allow homeowners to use oil and gas as heating fuel instead, says Euronews. Germany’s government […]
‘Disaster’! Climate groups slam Germany for scrapping renewable heating law
Seven Lies We’re Told About Climate Change | Michael Shellenberger
26 Feb 2026 Leave a comment
in economics of climate change, economics of education, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
By Paul Homewood Michael Shellenberger is one of the best communicators I have come across. Here he unpicks a lot of the myths around climate change. It is a long video – what I often do is watch 10 or 15 minute chunks Alternatively, watch the first couple of minutes and then fast forward […]
Seven Lies We’re Told About Climate Change | Michael Shellenberger
From Discount to Discrimination: The Strange Economics of Anti-Competitive Antitrust
24 Feb 2026 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, law and economics Tags: competition law, creative destruction
Antitrust has always been a strange regulatory enterprise. Businesses are largely free to engage in various commercial practices involving price, output, product design, distribution, research, and innovation—until they’re not. Outside the paradigmatic examples of explicit agreements among competitors to fix price and output, many business practices live in a gray zone. Whether a particular pricing…
From Discount to Discrimination: The Strange Economics of Anti-Competitive Antitrust
Lawfare Begins Against Repealing Endangerment Finding–Legalities Outlook
24 Feb 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, Public Choice, transport economics, urban economics Tags: constitutional law
The expected blowback from invested climatists is underway, as reported by legacy media whose bias is with the alarmists. Examples: EPA faces lawsuit over scrapping the ‘endangerment finding,’ a pillar of climate regulation, Scientific American E.P.A. Faces First Lawsuit Over Its Killing of Major Climate Rule, NY Times Lawsuit: EPA revoking greenhouse gas finding risks […]
Lawfare Begins Against Repealing Endangerment Finding–Legalities Outlook
Clearing up some misconceptions about the DoE report
22 Feb 2026 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA, Public Choice
by Ross McKitrick Last year I had the privilege of working with a small team (me, Judy Curry, John Christy, Steve Koonin and Roy Spencer) on a draft report for U.S. Energy Secretary Chris Wright on the topic of climate … Continue reading → The post Clearing up some misconceptions about the DoE report appeared…
Clearing up some misconceptions about the DoE report
The Case Against Net Zero
22 Feb 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: British politics
By Paul Homewood Robin Guenier has updated his Case Against Net Zero: In October 2008, Parliament passed the Climate Change Act requiring the Government to ensure that by 2050 ‘the net UK carbon account’ was reduced to a level at least 80% lower than that of 1990; this refers to CO2 and […]
The Case Against Net Zero
Damned if they do, damned if they don’t: The billion-dollar bill for Labour’s gas ban
20 Feb 2026 Leave a comment
in applied price theory, economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand, Public Choice
Few policies manage to unite the left, the right and the Taxpayers’ Union in opposition. The Government’s billion-dollar LNG import terminal in Taranaki managed it inside 24 hours. By Tuesday morning, it had been attacked from the left as a gas tax, from the right as a new levy on households, and from the commentariat […]
Damned if they do, damned if they don’t: The billion-dollar bill for Labour’s gas ban
Any Hope for a European Economic Renaissance?
18 Feb 2026 Leave a comment
in applied price theory, budget deficits, economic growth, economic history, economics of education, economics of regulation, fiscal policy, industrial organisation, labour economics, labour supply, macroeconomics Tags: European Union
The good news is that Europe has a lot of economic freedom by world standards. Especially Western Europe. The bad news is that economic freedom has been declining in Western Europe. To make matters worse, Europe has a big demographic problem, with a growing number of older people over time who have been promised benefits […]
Any Hope for a European Economic Renaissance?
Utopia, you are standing in it! 
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