Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, discrimination, economic history, economics of crime, gender, history of economic thought, human capital, labour economics, labour supply, law and economics, occupational choice, politics - USA, poverty and inequality, Thomas Sowell, urban economics Tags: gender wage gap, racial discrimination, sex discrimination
Matthew Lau reviews Thomas Sowell’s latest book Social Justice Fallacies in a Financial Post article: No sacred cows in Thomas Sowell’s takedown of social justice fallacies. Excerpts in italics with my bolds and added images. In his latest book, renowned economist and author demolishes the myths that underpin the social justice movement. Thomas Sowell, age […]
Sowell Exposes Social Justice Fallacies
25 Oct 2023 Leave a comment
in global financial crisis (GFC), great recession, history of economic thought, macroeconomics
That is the topic of my latest Bloomberg column, here is one excerpt: Another episode frequently cited as evidence against economists is the Great Recession of 2007-2009. Economists did make some mistakes on that one — but they are not the ones you usually hear about. When real estate prices started to slow down and then […]
What is it we do and do not know about macroeconomics?
25 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought
Here is debate audio for last week’s Capitalism versus Socialism Debate at TCU. Scott Sehon was a fine opponent, in the same league as John Marsh. Enjoy!P.S. Thanks again to Rob Garnett and Sam Arnold for hosting.
Which Is Better: Capitalism or Socialism?
24 Oct 2023 Leave a comment
in discrimination, economic history, gender, health and safety, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
Brian Easton writes – A woman who was once chief executive of New Zealand’s biggest company said ‘It is true that a large percentage of the [women’s pay] gap is unexplained and that’s where the issue comes about; could it be bias even if that’s unconscious bias? Regardless of how we’ve got a gap … […]
BRIAN EASTON: Claudia Goldin Wins The 2023 Nobel Economics Laureateship
19 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, development economics, economic history, economics of climate change, economics of regulation, energy economics, environmental economics, global warming, history of economic thought, law and economics, liberalism, libertarianism, population economics, property rights, Public Choice
16 Oct 2023 Leave a comment
in David Friedman, development economics, economic history, economics of crime, growth disasters, growth miracles, history of economic thought, law and economics, liberalism, libertarianism, property rights
14 Oct 2023 Leave a comment
in comparative institutional analysis, David Friedman, history of economic thought, law and economics, libertarianism, property rights
12 Oct 2023 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase, Ronald Coase, theory of the firm
12 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, history of economic thought
When the truth is ugly, people lie. Psychologists call this “Social Desirability Bias.” Human beings exaggerate their patriotism and piety, their altruism and loyalty, their intelligence and their tolerance. Social Desirability Bias (SDB) is embedded in language itself: When someone asks, “Would you like to come to my party?,” you refuse with “Sorry, I can’t”…
How to Make *Defending the Undefendable* Defensible
09 Oct 2023 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, history of economic thought, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap, sex discrimination
09 Oct 2023 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
08 Oct 2023 Leave a comment
in David Friedman, history of economic thought, law and economics
07 Oct 2023 Leave a comment
in applied price theory, economic history, history of economic thought, industrial organisation Tags: competition and monopoly, competition law
Tweet… is from page 5 of Gabriel Kolko’s 1963 book, The Triumph of Conservatism: Contrary to the consensus of historians, it was not the existence of monopoly that caused the federal government to intervene in the economy [in the late 19th and early 20th centuries], but the lack of it. DBx: Market competition is astonishingly…
Quotation of the Day…
04 Oct 2023 Leave a comment
in economic growth, economic history, economics of regulation, history of economic thought, industrial organisation, labour economics, macroeconomics, welfare reform Tags: Sweden
When I meet Americans who self-identify as “socialists,” it is quite uncommon for them to advocate the abolition of private property and the “collective or governmental ownership and administration of the means of production and distribution of goods”–which is the dictionary definition of socialism. Instead most of the American “socialists” I meet favor a more…
Why Sweden Isn’t an Example of Socialism
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
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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
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Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
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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
Articles and research from the History of Parliament Trust
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
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
Utopia, you are standing in it! 
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