Celebrating humanity's flourishing through the spread of capitalism and the rule of law
23 Oct 2026 Leave a comment
in applied price theory, entrepreneurship, history of economic thought, industrial organisation, survivor principle
The most valuable skill in the age of artificial intelligence (AI) may not be coding, prompt engineering, or any of the other competencies appearing in job listings. It may be the ability to figure out which skills will be valuable next. Half a century ago, Theodore Schultz had a name for something much like this:…
‘The Value of the Ability to Deal with Disequilibria,’ by Theodore Schultz
22 Oct 2026 Leave a comment
in applied price theory, economic growth, economic history, entrepreneurship, fiscal policy, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics Tags: California, taxation and entrepreneurship, taxation and investment
21 Oct 2026 1 Comment
in economic history, economics of media and culture, entrepreneurship, financial economics, industrial organisation
Why does nobody see new technology coming?By Matt Ridley. He is a British writer who has a Ph. D. in zoology.My last post was an AI generated discussion between Jules Verne and Mary Shelley on the future of technology and how it would affect people.Ridley explains how hard it is to predict the future. Many technologies…
Ridley: The forecaster’s paradox
14 Oct 2026 Leave a comment
in applied price theory, econometerics, entrepreneurship, fiscal policy, human capital, labour economics, labour supply, macroeconomics, politics - USA, poverty and inequality, public economics Tags: California, taxation and entrepreneurship, taxation and investment, taxation and labour supply, top 1%
Long-run U.S. population movements have been driven more by natural amenities than by jobs, and California, rich in both uniform and complementary climates, should be a persistent net gainer of domestic migrants. It has instead lost residents to other states every year since about 1990. This paper argues that its amenities are unchanged and that…
California in-migration and out-migration
09 Oct 2026 Leave a comment
in economic growth, economic history, entrepreneurship, macroeconomics Tags: The Great Enrichment
07 Oct 2026 1 Comment
in development economics, entrepreneurship, growth miracles, politics - New Zealand Tags: 2026 general election, China
Nick Mowbray writes: I’m aware of the criticism we receive for donating to National and ACT. I’m also aware of the false narrative that we lobby the government and expect something in return. So let me be clear: we have never lobbied the government. Less than 1% of ZURU’s revenue is in New Zealand. We…
Why Mowbray donates
06 Oct 2026 Leave a comment
in applied price theory, econometerics, economic history, entrepreneurship, human capital, labour economics, labour supply, poverty and inequality Tags: top 1%
There is a broad literature supporting the existence of a ‘beauty premium’ in labour markets – more attractive workers tend to earn more. There are a number of channels proposed to account for this, including confidence, social or communication skills being higher among more attractive workers, attractive workers sorting into occupations that reward attractiveness, and…
The beauty premium doesn’t seem to extend to billionaires
03 Oct 2026 Leave a comment
in economics of bureaucracy, economics of regulation, entrepreneurship, income redistribution, industrial organisation, politics - New Zealand, Public Choice, rentseeking Tags: 2026 general election
Anyone who drives to Gisborne, as I have done from the north and south, will discover the roads are winding and often tedious. This means getting in produce such as groceries, incurs significant costs because of the distance and small population served. Particularly challenging for perishable meat, dairy, fruit and vegetables. The National Party’s policy […]
Urban elite obsession with supermarkets
02 Oct 2026 Leave a comment
in economic growth, economic history, entrepreneurship, financial economics, history of economic thought, human capital, labour economics, labour supply, macroeconomics, poverty and inequality Tags: The Great Enrichment, top 1%
I have a series of columns (2021, 2024, 2025, and 2026). documenting that Americans are getting richer. And here’s a chart that adds additional evidence. More and more households over time are high income (over $100k) and fewer and fewer are low income (under $35k). And, yes, these numbers are adjusted for inflation. The chart was […]
America’s Affordability Problem Is Government
30 Sep 2026 Leave a comment
in applied price theory, business cycles, economic growth, economic history, entrepreneurship, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: real business cycle theory
29 Sep 2026 Leave a comment
in applied price theory, economic growth, economic history, entrepreneurship, financial economics, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics Tags: British politics, taxation and investment, taxation and labour supply
There are two reasons why I periodically write about the Laffer Curve. I want my left-leaning friends to understand to understand that higher tax rates on productive behavior will lead to less taxable income and some foregone tax revenue. I want my right-leaning friends to understand that tax cuts are only self-financing in rare cases […]
The U.K. Version of the Laffer Curve Strikes Again
26 Sep 2026 Leave a comment
in applied price theory, entrepreneurship, history of economic thought, human capital, income redistribution, James Buchanan, James Buchanan, labour economics, labour supply, Milton Friedman, poverty and inequality, Public Choice, public economics Tags: inheritance tax, taxation and entrepreneurship, taxation and investment
22 Sep 2026 Leave a comment
in applied price theory, entrepreneurship, industrial organisation Tags: creative destruction
Anthropic’s economic team, including Anton Korinek and Chad Jones, have a valuable new paper, Economic Scenarios for Transformative AI. They make their assumptions explicit and provide a scenario explorer that lets you change them. How capable will AI become? How quickly will firms adopt it? Will it augment workers or automate their tasks? You can…
AI, Redistribution, and the Size of the Pie
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
A blog (primarily) on Canadian and Commonwealth political history and institutions
Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
Reflections on books and art
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