Celebrating humanity's flourishing through the spread of capitalism and the rule of law
24 Nov 2025 Leave a comment
in applied price theory, economic growth, economics of regulation, industrial organisation, international economics, macroeconomics Tags: Brexit
I supported Brexit for two reasons. The European Union is a sinking ship and a vote for Brexit spares British taxpayers from being on the hook when massive bailouts occur. Leaving the European Union would give the United Kingdom more leeway to choose a pro-market, Singapore-on-Thames policy agenda. The good news is that Point #1 […]
Was Brexit a Mistake?
22 Nov 2025 Leave a comment
in economics of regulation, industrial organisation, labour economics, labour supply, law and economics, managerial economics, occupational choice, organisational economics, personnel economics, politics - New Zealand, property rights, Public Choice, transport economics, urban economics Tags: employment law
Eric Crampton writes – Yesterday [November 17], the Supreme Court ruled that Uber did not merely facilitate connections between four drivers and their various passengers – as Uber has maintained. And that the four drivers were not contractors for Uber either. Instead, those drivers were Uber employees while logged into the app.
If this is employment law, the law needs to change
12 Nov 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming
Clearly, the global environmental movement is not backing off from climate catastrophism, no matter what Bill Gates says. With or without him, it’s going to step up the pressure.
Did Bill Gates Really Drop a Bomb on Climate Catastrophism?
07 Nov 2025 Leave a comment
in applied price theory, comparative institutional analysis, David Friedman, economics of bureaucracy, economics of information, economics of regulation, history of economic thought, income redistribution, law and economics, libertarianism, market efficiency, Milton Friedman, property rights, Public Choice, rentseeking
27 Oct 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: climate activists
Radical environmentalists like Michael Mann are organizing, teaching, and shaping the next generation in ways that are anti-human, anti-freedom, and anti-Western. Thus far, they’ve done so unopposed. But conservatives can’t continue to cede this battlefield.
Surprised By Leftwing Radical Rhetoric? Look Closer at the Climate Movement
23 Oct 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand
Labour and Greens want us to run out of gas, having banned future exploration. They think the country can be powered by 100% renewables. One problem is that many New Zealanders have gas powered heating and cooking. So what would be the cost of doing away with gas? We now have an answer with this […]
The cost of turning off gas
22 Oct 2025 Leave a comment
in economics of bureaucracy, economics of regulation, industrial organisation, politics - New Zealand, Public Choice, survivor principle Tags: media bias
Media and Communications Minister, Paul Goldsmith’s handling of the BSA power grab follow 80 years of abysmal leadership by National Party governments re broadcasting, which have consistently betrayed their rhetoric about supporting competition and private enterprise. The National Party Holland/Holyoake government of 1949-1957, did nothing of consequence to roll back the Savage/Fraser Labour governments nationalisation […]
The BSA power grab: Post 2
18 Oct 2025 Leave a comment
in applied price theory, development economics, economics of regulation, labour economics, law and economics, politics - New Zealand, property rights, urban economics Tags: Canada
An interesting research note from Eric Crampton and at the NZ Initiative on the benefits of devolution on development. It details how Canadian First Nations have transformed their economic fortunes and have built thousands of new homes after gaining powers for planning, zoning, tax, and infrastructure finance. A couple of examples: The Squamish Nation’s 6,000-apartment […]
Devolution and Development
14 Oct 2025 1 Comment
in applied price theory, economics of bureaucracy, economics of regulation, energy economics, environmental economics, fiscal policy, law and economics, macroeconomics, property rights, Public Choice, rentseeking, urban economics Tags: France
Macron’s government consistently spent more as a share of total output than any other OECD member, with the public sector accounting for over 57% of GDP in 2024. The telling trend is France’s divergence from its neighbors. When Macron took office, France’s debt-to-GDP ratio was 11 percentage points above the Eurozone average; by 2024, that gap […]
French facts of the day
09 Oct 2025 Leave a comment
in applied price theory, economic growth, economics of regulation, law and economics, macroeconomics, politics - New Zealand, property rights
Governments of the left like to claim they are transformational, when they’re not. The Ardern Government achieved so little it was the opposite. They used wellbeing as a slogan, and did a couple of disastrous mergers. They spent a lot of money. To be fair the Clark Government did actually achieve some major stuff such […]
We do actually have a transformational government
08 Oct 2025 Leave a comment
in economics of regulation, income redistribution, industrial organisation, law and economics, Marxist economics, property rights, Public Choice Tags: British politics
On Sunday, the Green Party in the United Kingdom voted to “abolish” private landlords in a move that reaffirms the…
The Green Party Calls for the Abolishment of Private Landlords in the United Kingdom
27 Sep 2025 Leave a comment
in applied price theory, economic history, economics of regulation, industrial organisation, law and economics, politics - USA, theory of the firm Tags: competition law
Eric Crampton writes – A lot of changes are coming in competition policy. Last week, the government announced a package of reforms that, overall, set the Commerce Commission on a more activist tack. One proposed reform will align New Zealand more closely with Australia’s regime, guarding against so-called ‘killer acquisitions’.
Not-so-killer acquisitions
26 Sep 2025 1 Comment
in applied price theory, defence economics, development economics, economic history, economics of regulation, industrial organisation, international economics Tags: trade sanctions
The exercise of US foreign policy (along with the European Union and the United Nations) has been increasingly characterized by the use (or threat) of trade sanctions. What do we know about how such sanctions work? Gabriel Felbermayr, T. Clifton Morgan, Constantinos Syropoulos, and Yoto V. Yotov review the evidence in “Economic Sanctions: Stylized Facts…
Economics of Trade Sanctions
23 Sep 2025 Leave a comment
in economics of bureaucracy, economics of regulation, environmental economics, environmentalism, law and economics, liberalism, libertarianism, Marxist economics, politics - New Zealand, property rights, Public Choice, transport economics, urban economics Tags: housing affordability, land supply, regressive left, zoning
Libertarians don’t like local government much, generally. While some aspire for maximum devolution, similar to Switzerland, so that most government power (outside defence, foreign affairs and border control) is at the more local level, that would require a transformational constitutional change. Switzerland works because its best and brightest get concentrated at the canton level, and…
Local government elections 2025 for a libertarian
22 Sep 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA
“After years of pushing radical climate policies that punished working families, Governor Newsom is finally waking up to what Californians need, he’s now scrambling to secure the very fossil fuels he tried to eliminate,” CEO of the American Energy Institute Jason Isaac told the Daily Caller News Foundation previously. “This sudden embrace of petroleum isn’t leadership, it’s survival. California’s energy future depends on realism, not green delusions.”
California Dems Scramble To Boost Oil Production After Running Refiners Out Of Town
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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