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Creative destruction
05 Feb 2024 Leave a comment
in economic history, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
Breaking the Culture of Welfare Dependency
02 Feb 2024 Leave a comment
in comparative institutional analysis, development economics, economic history, economics of education, entrepreneurship, health economics, human capital, income redistribution, labour economics, labour supply, law and economics, liberalism, property rights, Public Choice, unemployment, welfare reform Tags: Canada
One hope that has occasionally been expressed since the beginning of the modern era of Treaty of Waitangi (ToW) settlements, has been that the Iwi showered with money and empowered with control of hundreds of millions or even billions of dollars worth of assets, would be able to then make a difference to all the […]
Breaking the Culture of Welfare Dependency
“Independent education consultants” help high school students and their parents navigate the competitive college-admissions process (creative destruction and how the economy just keeps creating new types of occupations & professions)
01 Feb 2024 Leave a comment
in economics of education, entrepreneurship Tags: college wage premium
See Inventing the Perfect College Applicant: For $120,000 a year, Christopher Rim promises to turn any student into Ivy bait by Caitlin Moscatello. This is a fascinating article, even beyond the issue I focus on. Excerpts:”For the past nine years, Rim, 28, has been working as an “independent education consultant,” helping the one percent navigate the…
“Independent education consultants” help high school students and their parents navigate the competitive college-admissions process (creative destruction and how the economy just keeps creating new types of occupations & professions)
Creative destruction
31 Jan 2024 Leave a comment
in entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
Creativity
25 Jan 2024 Leave a comment
in economic history, entrepreneurship, transport economics Tags: space
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Doing the jobs the SF cops won’t do
23 Jan 2024 Leave a comment
in economics of crime, entrepreneurship, law and economics Tags: crime and punishment, law and order
Back in the lockdown depths of 2020 I posted about series of YouTube videos made by a former NASA engineer called Mark Rober who had built a fantastic set of squirrel mazes and then videoed the little buggers getting around his obstacles to get to the bowls of nuts that were the prize. But I’d […]
Doing the jobs the SF cops won’t do
Creative destruction
23 Jan 2024 Leave a comment
in economic history, economics of information, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
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A boom
22 Jan 2024 Leave a comment
in development economics, economic history, entrepreneurship, financial economics, growth disasters, growth miracles Tags: India
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Milei Speaks Truth to WEF Elite Power
19 Jan 2024 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, entrepreneurship, growth disasters, growth miracles, history of economic thought, labour economics, law and economics, macroeconomics, property rights Tags: Argentina
Argentina’s President Javier Milei had a warning for those attending the annual WEF meeting in Davos, Switzerland; ‘the Western world is in danger’ from ‘collectivist experiments’ such as Diversity, Equity and Inclusion (DEI), and has called on the world to reject socialism and instead embrace “free enterprise capitalism” to end global poverty. H/T zerohedge “Today, […]
Milei Speaks Truth to WEF Elite Power
Productivity woes….continued
10 Jan 2024 Leave a comment
in economic growth, economic history, entrepreneurship, labour economics, labour supply, macroeconomics, politics - New Zealand
In my post on Monday I drew attention (again) to the fact that New Zealand has made no progress at all in reversing the decline in relative economywide productivity (relative to other advanced countries) since what was hoped to be a turning point, with the inauguration of widespread economic reforms after the 1984 election. If anything, […]
Productivity woes….continued
Not much of a warranty period
06 Jan 2024 Leave a comment
in economic history, entrepreneurship Tags: The Great Enrichment
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Buick Dealers Fleeing the Net Zero EV Revolution
31 Dec 2023 Leave a comment
in energy economics, entrepreneurship, environmental economics, global warming, industrial organisation, survivor principle
“… we’ve given dealers who are not aligned with Buick’s future to exit voluntarily in a respectful and structured way …”
Buick Dealers Fleeing the Net Zero EV Revolution
Solow on Market Advantages and Market Failures
31 Dec 2023 Leave a comment
in applied price theory, business cycles, economic growth, economic history, economics of regulation, entrepreneurship, history of economic thought, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment
Robert Solow (1924-2023) died last week. As a starting point for understanding his life and his work on growth theory, the Nobel prize website, since he won the award in 1987, includes an overall description, a biographical essay, and his Nobel lecture. I can also strongly recommend an interview that Steven Levitt carried out with…
Solow on Market Advantages and Market Failures
Entrepreneurship
31 Dec 2023 Leave a comment
in economic history, entrepreneurship, industrial organisation, sports economics, survivor principle Tags: entrepreneurship
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Utopia, you are standing in it! 
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