TweetThanks for the honor, Kevin! The post Kevin Gentry Talks With Me About Trade and Phil Gramm’s and My New Book appeared first on Cafe Hayek.
Kevin Gentry Talks With Me About Trade and Phil Gramm’s and My New Book
Kevin Gentry Talks With Me About Trade and Phil Gramm’s and My New Book
20 May 2025 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, development economics, economic history, economics of regulation, entrepreneurship, history of economic thought
David Friedman on markets, governments and whether we need either?
19 May 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of crime, economics of regulation, environmental economics, history of economic thought, industrial organisation, law and economics, property rights
Is this a gold mine? Iwi might need consulting (for a fee) before your development can be given RMA consents
16 May 2025 Leave a comment
in economics of regulation, energy economics, law and economics, politics - New Zealand, property rights, resource economics, urban economics
Bob Edlin writes – West Coast Regional Councillor Allan Birchfield has whipped up a fuss in his neck of the woods by challenging the Ngāti Waewae representative Francois Tumahai over the iwi’s role in resource consenting. The iwi – it seems – must agree to gold-mining consents in gold-mining country, presumably after appropriate consultation or engagement […]
Is this a gold mine? Iwi might need consulting (for a fee) before your development can be given RMA consents
The Mainstream World Is Not Free-Market
10 May 2025 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, economic history, economics of education, economics of regulation, history of economic thought, human capital, labour economics, occupational choice

An excerpt from Chapter 1 of *Unbeatable*
The Mainstream World Is Not Free-Market
Policy whiplash risks eroding NZ’s investment stability
10 May 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, energy economics, environmental economics, law and economics, politics - New Zealand, property rights
Roger Partridge writes- Resources Minister Shane Jones recently floated a novel idea: Government-backed insurance for oil and gas investors to protect them against future policy reversals. Let that sink in. A New Zealand minister is contemplating taxpayer-funded insurance to compensate companies against… the decisions of future New Zealand Governments.
Policy whiplash risks eroding NZ’s investment stability
Have The Intermittent Energy Blackouts Begun?
03 May 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: celebrity technologies, solar power, wind power
As Schellenberger points out, with just “a hair” more frequency variation it could have been far worse. Will that happen some time soon? I’m not going to pretend I know. But I do know that the electricity system in most of Europe and many U.S. states is in the hands of crazed fanatics who have no idea what they are doing. My own bet would be that there are many far worse blackouts to come, until this idiotic “net zero” thing is abandoned.
Have The Intermittent Energy Blackouts Begun?
The Iberian Blackout
02 May 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power

What happened and early lessons
The Iberian Blackout
Trump Admin Sues to Block Blue States From Taking Fossil Fuel Companies To Court Over Climate Change
02 May 2025 Leave a comment
in economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: climate activists, nuisance suits
The Trump administration filed lawsuits Wednesday against Michigan and Hawaii in an attempt to block the states from seeking damages in court against fossil fuel companies for alleged environmental harm.
Trump Admin Sues to Block Blue States From Taking Fossil Fuel Companies To Court Over Climate Change
Housing affordability
01 May 2025 Leave a comment
in applied price theory, economics of regulation, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, zoning

‘Rule of Two’ medicines approval needs improving
28 Apr 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, health economics, politics - New Zealand, Public Choice Tags: drug lags
Eric Crampton writes – Come the next pandemic, we are going to be in the same stupid mess that we were in during the last one. Trusted pharmaceutical regulators overseas, like those in Australia, Canada, Europe, and the UK, will have given provisional approvals for vaccines that are safe. And Kiwis will have to wait, […]
‘Rule of Two’ medicines approval needs improving
Pandemic Preparation Without Romance
25 Apr 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of regulation, health economics, politics - USA, Public Choice Tags: economics of pandemics
My latest paper, Pandemic Preparation Without Romance, has just appeared at Public Choice. Abstract: The COVID-19 pandemic, despite its unprecedented scale, mirrored previous disasters in its predictable missteps in preparedness and response. Rather than blaming individual actors or assuming better leadership would have prevented disaster, I examine how standard political incentives—myopic voters, bureaucratic gridlock, and […]
Pandemic Preparation Without Romance
Smith Reviews Stiglitz
24 Apr 2025 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, economics of information, economics of regulation, entrepreneurship, experimental economics, history of economic thought, industrial organisation
Vernon Smith reviews Joe Stiglitz’s book The Road to Freedom: Stiglitz did work in the abstract intellectual theoretical tradition of neoclassical economics showing how the standard results were changed by asymmetric or imperfect information. He is oblivious, however, to the experimental lab and field empirical research showing that agent knowledge of all such information is […]
Smith Reviews Stiglitz
From Refineries to Fiefdoms: Is Newsom Orchestrating a State Takeover of California’s Oil Industry?
22 Apr 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, survivor principle Tags: California, climate activists, regressive left
California’s refining capacity is collapsing—not because demand has disappeared, but because it is being deliberately dismantled by regulatory fiat. The recent announcement that Valero Energy will idle or shutter its Benicia refinery by 2026 isn’t just a business decision. It’s the calculated result of a hostile policy environment designed to punish traditional energy producers until they either leave the state or fall into government hands.
From Refineries to Fiefdoms: Is Newsom Orchestrating a State Takeover of California’s Oil Industry?
Time to Axe the Climate-Industrial Complex
22 Apr 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: climate alarmism

Kevin Mooney makes the urgency case in his Real Clear Energy article Celebrating American Independence With an All-Out Assault on Anti-Constitutional Climate Measures. Excerpts in italics with my bolds and added images. Now is the time to double down against the “Climate-Industrial Complex” with accelerated regulatory reforms that will hopefully endure beyond Donald Trump’s second […]
Time to Axe the Climate-Industrial Complex
No Beef, Lamb, Milk and Cheese Within 25 Years Under Net Zero, Government-Funded Report Confirms
19 Apr 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, health economics Tags: climate alarmism
Achieving Net Zero in 25 years would need a “complete transformation” of the UK’s agricultural and food system that would in effect mean a diet devoid of beef, lamb and all dairy products, according to the latest work from the Government-funded UK FIRES. Look at the research that governing elites commission and read, not what they say. UK FIRES takes an absolute view of Net Zero and bases its work on existing technologies, not the pie in the sky inventions still to come and the whacky schemes that cannot reach economic scale.
No Beef, Lamb, Milk and Cheese Within 25 Years Under Net Zero, Government-Funded Report Confirms
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