That’s the title of a 2024 book by a couple of Australian academic economists, Steven Hamilton (based in US) and Richard Holden (a professor at the University of New South Wales). The subtitle of the book is “How we crushed the curve but lost the race”. It is easy to get off on the wrong […]
It’s time to pick up my recent thread of posts on the minimum wage (most recently in this post). I want to return for a moment to more conventional research on the minimum wage, specifically looking at the effects of higher minimum wages on employment. The majority of minimum wage research has focused on estimating…
Under current law, any US companies considering a merger or acquisition that is above $125 million in size must first report it to the government. The most recent data for 2023 says that 1,805 such transactions were reported in 2023, which was a relatively low number for recent years. In 2021 and 2022, for example,…
Roger Partridge writes: A new submission to the Committee from banking experts Andrew Body and Simon Jensen provides fresh evidence of these costs. Their analysis shows the Reserve Bank’s capital rules add between 0.25 and 0.375 percentage points to mortgage rates compared with Australia. For a million-dollar mortgage, that means between $2,500 and $3,750 in […]
The Climate Change Committee, the UK’s official Net Zero advisory body, has told the Government that to hit Net Zero it must impose radical lifestyle changes on the UK population. The Mail has more.
The government’s commitment to the Paris Accord has garnered opposition from farmers and farming organisations. Federated Farmers is not supportive: The Government’s announcement today of a 2035 climate target of a 51-55% emissions reduction has signed New Zealand up for a decade more of planting pine on productive land, Federated Farmers meat and wool chair […]
Chris Lynch Media reports – Health Minister Simeon Brown says he will demand an explanation from the Pharmacy Council over its competence standards for pharmacists, which have been described as “deeply disturbing.” It follows inquiries to his office by chrislynchmedia.com over the standards, published on 15 June 2023 and enforced from 1 April 2024, which require […]
Boom, the supersonic startup, has announced that their new jet reaches supersonic speeds but without creating much of an audible boom. How so? According to CEO Blake Scholl: It’s actually well-known physics called Mach cutoff. When an aircraft breaks the sound barrier at a sufficiently high altitude, the boom refracts in the atmosphere and curls […]
Jon Klick finds that when courts in CA surprisingly invalidated a set of DEI laws, the market value of firms subject to those laws increased: California mandated that firms headquartered in the state include women (SB 826) and underrepresented minorities (AB 979) on their corporate boards. These laws, passed in 2018 and 2020 respectively, were […]
As a longtime critic of the FDA, you might expect me to support firing FDA employees—not so! My focus has always been on reducing approval time and costs to speed drugs to patients and increase the number of new drugs. Cutting staff is more likely to slow approvals and raise costs. To be fair, we’re […]
By Paul Homewood We have just escaped the Climate and Nature Bill by the skin of the teeth, but it seems the Germans have not been so lucky. Benny Peiser sent me an essay (translated) by Robert von Loewenstern, which tells about a new law, the “Energy Efficiency Act”, which was passed in 2023. […]
Like many who do business in California, I often complain about the regulatory burden (free at last!) People will ask, “So what one regulation would you get rid of?” The problem is that this is a really hard question to answer because in most cases it is not any one regulation in particular, but the…
“In recent years, burdensome and ideologically motivated regulations have impeded the development of these resources, limited the generation of reliable and affordable electricity, reduced job creation, and inflicted high energy costs upon our citizens,” Trump stated in the executive order. “These high energy costs devastate American consumers by driving up the cost of transportation, heating, utilities, farming, and manufacturing, while weakening our national security.”
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
Recent Comments