Celebrating humanity's flourishing through the spread of capitalism and the rule of law
22 Dec 2025 1 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
21 Dec 2025 1 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
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
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
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
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
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
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
13 Dec 2025 Leave a comment
in economics of regulation, politics - New Zealand
Joel McManus at The Spinoff writes: Bishop sided with former Wellington mayor Tory Whanau’s call to allow more housing in the capital, even though every conservative councillor was opposed. He made Christchurch zone for high-density housing, which centre-right mayor Phil Mauger called a “kick in the guts”. In Auckland he could barely disguise his glee…
The Minister for Abundance
13 Dec 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice, urban economics Tags: housing affordability, land supply, zoning
Inside the reform that will change how New Zealand is built Ani O’Brien writes – If you’ve ever tried to build a deck, subdivide a section, or watched a major infrastructure project slowly suffocate in a decade of “consenting hell,” you already know the RMA is New Zealand’s great productivity killer. For over 30 years, […]
New Zealand’s Planning Revolution: bye bye RMA
12 Dec 2025 Leave a comment
in economics of bureaucracy, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice, public economics, sports economics Tags: constitutional law, takings
Oliver Hartwich writes – Let me state this clearly at the outset: I have never placed a bet on a greyhound. I have never owned a greyhound. If I were a dog, I would likely prefer a soft sofa to a hard track. I am not writing this because I have a passion for racing, […]
Greyhound racing law change is legal overreach
11 Dec 2025 Leave a comment
in applied price theory, economics of regulation, law and economics, politics - New Zealand, property rights
09 Dec 2025 1 Comment
in applied price theory, economics of regulation, industrial organisation, market efficiency Tags: competition law
Warner Bros. Discovery (WBD) has announced that it is selling its major assets to Netflix, including Warner Bros. Pictures (home of Harry Potter), DC Studios, and HBO Max. Netflix was chosen among a group of bidders that also included Paramount and Comcast. This post explores some of the antitrust issues and hurdles that a combined…
Evaluating the Sale of Warner Bros Discovery to Netflix from an Antitrust Perspective
09 Dec 2025 Leave a comment
in applied price theory, economics of regulation, industrial organisation, law and economics, politics - USA Tags: competition law
The memorandum and order in FTC v. Meta Platforms Inc. that U.S. District Court Judge James E. Boasberg filed Nov. 18, ruling in favor of Meta, has now been followed by a Dec. 2 revised order that contained fewer redactions. The memorandum doesn’t exactly provide the law & economics analysis I would have produced, had…
Antitrust at the Agencies: Meta Analysis Edition
06 Dec 2025 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, politics - USA Tags: competition law, creative destruction
This morning’s announced merger between Netflix and Warner Bros. Discovery (WBD) would create a global media company of unprecedented scale. The transaction will also almost certainly attract scrutiny from antitrust regulators—most likely the U.S. Justice Department (DOJ) Antitrust Division, rather than the Federal Trade Commission (FTC). The deal would offer a direct test of the…
Metrics, Markets, and Merger Scrutiny: A Netflix-WBD Combination
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