Anti-oil and gas advocates across the country have pursued litigation in recent years attempting to force the fossil fuel industry to pay for decades of financial damages the advocates claim were caused by climate change.
Climate activists v. the U.S. energy industry: Cases to watch in 2026
Climate activists v. the U.S. energy industry: Cases to watch in 2026
01 Jan 2026 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice Tags: nuisance suits
Celebrating Two Years of Libertarian Success in Argentina
27 Dec 2025 Leave a comment
in applied price theory, Austrian economics, budget deficits, comparative institutional analysis, constitutional political economy, development economics, economic growth, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, history of economic thought, income redistribution, industrial organisation, labour economics, liberalism, libertarianism, macroeconomics, Public Choice, rentseeking, unemployment Tags: Argentina
As explained in my four-part series (here, here, here, and here) and in this clip from a recent interview, Javier Milei’s first two years have been amazingly successful. There are two points in the interview that deserve emphasis. First, Javier Milei’s libertarian policies already have been extremely beneficial for the Argentine economy. Inflation has dramatically […]
Celebrating Two Years of Libertarian Success in Argentina
Fuel rationing chaos looms in New York State
25 Dec 2025 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, transport economics Tags: electric cars
Rationing gasoline and diesel under the Climate Act is a predictable prescription for chaos. It is the mobility these motor fuels provide that guarantees rationing to meet the 2030 emissions target will not work.
Fuel rationing chaos looms in New York State
Panic-Stricken Climate Alarmists Resort to Bolder Lies
25 Dec 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
The real misinformation has been repeated predictions of apocalypse, fabricated links between bad weather and a harmless gas necessary for life on Earth and attacks on the reputations of those who question climate orthodoxy.
Panic-Stricken Climate Alarmists Resort to Bolder Lies
STEVE MILLOY: Trump Dismantles Climate-Industrial Complex
23 Dec 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of education, economics of natural disasters, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA, Public Choice Tags: climate alarmism
The Trump administration took a major whack at the climate-industrial complex this week. It’s a fantastic move. But another event this week spotlights the need to do more.
STEVE MILLOY: Trump Dismantles Climate-Industrial Complex
A tale of two cities and rent control
23 Dec 2025 Leave a comment
in applied price theory, comparative institutional analysis, econometerics, economics of regulation, law and economics, market efficiency, property rights, Public Choice, rentseeking, urban economics Tags: rent control
WSJ: What the Twin Cities Tell Us About Fixing the Housing CrisisThe Natural Experiment: In 2022, St. Paul enacted one of the strictest rent-control regimes in the country. The ordinance capped annual rent increases at 3% for most apartments, even empty ones. It didn’t adjust for inflation. … Across the Mississippi River, Minneapolis steered clear of rent…
A tale of two cities and rent control
Adam Smith And Joseph Campbell On The Dangers Of “The Man Of System”
23 Dec 2025 Leave a comment
in Adam Smith, applied price theory, comparative institutional analysis, economics of information, economics of regulation, history of economic thought
Here is a passage from The Theory of Moral Sentiments by Smith (author of the book The Wealth of Nations in 1776 that started economics) at the Library of Economics and Liberty. Smith emphasizes the arrogance and conceit of those who think they can arrange society any way they want. In a separate passage, Smith…
Adam Smith And Joseph Campbell On The Dangers Of “The Man Of System”
Rent Control Creates Ghost Apartments
22 Dec 2025 Leave a comment
in applied price theory, econometerics, economic history, economics of regulation, law and economics, politics - USA, property rights, urban economics Tags: rent control
Adam Lehodey writing at City Journal: In New York City, making a profit on real estate has become increasingly difficult. Rent-stabilization laws built on the mantra that “housing is a human right,” a dysfunctional housing court, and myriad other interventions have driven thousands of units off the market, giving rise to the phenomenon of New York’s “ghost…
Rent Control Creates Ghost Apartments
EU abandons petrol car ban
21 Dec 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics
By Paul Homewood This confirms the rumours: From the Telegraph: The European Union has abandoned plans to ban the sale of new petrol and diesel cars by 2035, bowing to pressure from Germany and Italy.
EU abandons petrol car ban
Crampton on theft from greyhounds
18 Dec 2025 Leave a comment
in economics of regulation, law and economics, politics - New Zealand, property rights, sports economics Tags: animal rights, Animal welfare, racing, takings
Eric Crampton writes: Legislation before Parliament bans greyhound racing over animal welfare considerations. Buying out the industry, shutting it down, and rehoming the dogs would seem right if you thought animal welfare warranted it. The legislation instead proposes shuttering Greyhound Racing New Zealand and an assortment of private racing clubs. Their net assets will be handed…
Crampton on theft from greyhounds
DON BRASH – RMA Reform: A step forward. But concerns for equal citizenship
18 Dec 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, law and economics, politics - New Zealand, property rights, regulation, urban economics Tags: housing affordability, land supply, racial discrimination, zoning
The following is written in Don’s capacity as trustee for Hobson’s Pledge: It is almost the end of 2025 and, as you may know, the Government has recently introduced to Parliament the two Bills it seeks to replace the Resource Management Act (RMA) with. The Bills were pushed through first reading under urgency and have…
DON BRASH – RMA Reform: A step forward. But concerns for equal citizenship
Tories to Ditch ZEV Mandate
17 Dec 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: British politics, climate activists, electric cars
By Paul Homewood https://www.telegraph.co.uk/news/2025/12/13/next-conservative-government-ditch-ban-petrol-cars/ I briefly mentioned the Tories’ about turn on the petrol car ban. What was not clear was whether Kemi Badenoch would also ditch the ZEV mandate. Her interview with the Telegraph makes clear it will be ditched. The Telegraph reports:
Tories to Ditch ZEV Mandate
Vertical Restraints in the EU: Economics Has Updated, Law Hasn’t Installed the Patch
17 Dec 2025 Leave a comment
in applied price theory, economics of regulation, industrial organisation, law and economics Tags: competition law
Online commerce has transformed how firms design their distribution systems, yet EU competition law continues to treat many online-sales restrictions as suspect by default. This tension lies at the heart of today’s vertical restraints debate. While the economic theory of vertical agreements has been largely settled for decades, the legal framework has not fully absorbed…
Vertical Restraints in the EU: Economics Has Updated, Law Hasn’t Installed the Patch
Miliband Isolated as EU Prepares to Reverse Petrol Car Ban
16 Dec 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: British politics, electric cars
Ed Miliband has been left isolated over his Net Zero policies after the European Union dropped “indefinitely” a flagship pledge to ban sales of new petrol cars.
Miliband Isolated as EU Prepares to Reverse Petrol Car Ban
Time to Stop Pretending Renewables Are Cheap
14 Dec 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: celebrity technologies, solar power, wind power
Policymakers would do well to heed energy experts like Schernikau and Stein. Chasing luxury beliefs do not cost well-heeled climate bureaucrats and renewables ideologues much, but the burdens of irrational energy policies will be borne by the world’s poorest. The real path forward lies in pragmatic, technology-neutral approaches that prioritise energy abundance over austerity.
Time to Stop Pretending Renewables Are Cheap
Utopia, you are standing in it! 
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