Stuff reports: Reading Cinemas is set to return to Wellington after it was revealed on Tuesday night that the cinema chain’s owner, Reading International, intends to undertake a redevelopment of the old building. The company has entered into a Sale and Purchase Agreement with Prime Property Group, with part of the deal including a seismic upgrade […]
Further proof the Council just made things worse
Further proof the Council just made things worse
17 Jan 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, economics of regulation, entrepreneurship, industrial organisation, politics - New Zealand, Public Choice, public economics, rentseeking, survivor principle
2024 Registrations Of New Electric Cars Plummet 27.5% In Germany…”Petrol Dominates”
15 Jan 2025 1 Comment
in economics of regulation, energy economics, environmental economics, global warming, industrial organisation, survivor principle, transport economics Tags: electric cars, Germany
How’s the Green New Deal working out in Germany? Not very well at all. Firstly, Germany has been in recession for almost 2 years now – thanks mostly to the policies of Economics Minster Robert Habeck (Green Party), who incidentally has no education in economics, business or finance. The guy just doesn’t know what he’s…
2024 Registrations Of New Electric Cars Plummet 27.5% In Germany…”Petrol Dominates”
Martha
15 Jan 2025 Leave a comment
in economic history, economics of crime, entrepreneurship, industrial organisation, law and economics
Martha (Netflix): A compelling bio on Martha Stewart. Her divorce from Andrew Stewart happened more than 30 years ago so the intensity of her anger and bitterness comes as a surprise. With barely concealed rage, she recounts his affairs and how poorly he treated her. “But didn’t you have an affair before he did?” asks […]
Martha
Some Links
12 Jan 2025 Leave a comment
in applied price theory, budget deficits, development economics, economic growth, economic history, economics of regulation, entrepreneurship, fiscal policy, global financial crisis (GFC), great recession, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economics, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, poverty and inequality, Public Choice, rentseeking, survivor principle, unemployment
TweetGMU Econ alum Holly Jean Soto busts the myth of “greedflation.” Scott Lincicome identifies an interesting contrast between the facts and opinion about China. George Will decries the spinelessness of the modern U.S. Congress. A slice: The incoming president will be able, on a whim, to unilaterally discombobulate international commerce — and the domestic economy…
Some Links
Debanking: Oil companies and the “far right” watch out
12 Jan 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, financial economics, global warming, industrial organisation, politics - New Zealand Tags: climate activists, climate alarmism, competition law enforcement
The decision of the Court of Appeal in the case of BNZ v Gloriavale is here if you want to read it. Gravedodger wrote his views on the topic here. I want to focus on a particular comment in the decision at paragraph [139]. That comment was this one: [139] In particular, we do not […]
Debanking: Oil companies and the “far right” watch out
Meta dismantles misinformation industry
09 Jan 2025 Leave a comment
in economics of information, entrepreneurship, industrial organisation, law and economics, liberalism, politics - Australia, politics - New Zealand, politics - USA, property rights, Public Choice, survivor principle Tags: 2024 presidential election, free speech, political correctness, regressive left
Mark Zuckerberg announced: In recent years we’ve developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressure to moderate content. This approach has gone too far. As well-intentioned as many of these efforts have been, they have expanded over time to the point where we are making […]
Meta dismantles misinformation industry
A Reading deal that doesn’t cost ratepayers
08 Jan 2025 Leave a comment
in economics of bureaucracy, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, survivor principle
NewstalkZb reports: The derelict Reading Cinema complex on Wellington’s Courtenay Place has finally been sold, with a local developer snapping up the 1.5-hectare plot. The property was at the centre of a controversial deal between Wellington City Council and Reading International last year, after the council tried to buy the land under the quake-prone building […]
A Reading deal that doesn’t cost ratepayers
Some Links
06 Jan 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, entrepreneurship, income redistribution, industrial organisation, politics - USA, Public Choice, rentseeking, survivor principle
TweetScott Lincicome decries Biden’s abuse of national security to block Nippon Steel’s acquisition of U.S. Steel. Two slices: Today, President Joe Biden blocked Nippon Steel’s proposed acquisition of US Steel on the grounds that “there is credible evidence” the Japanese steelmaker “might take action that threatens to impair the national security of the United States.” What…
Some Links
Some Links
03 Jan 2025 1 Comment
in applied price theory, comparative institutional analysis, constitutional political economy, defence economics, economic history, economics of crime, economics of regulation, industrial organisation, international economics, International law, law and economics, politics - USA, war and peace
TweetArnold Kling ponders producers versus parasites. A slice: What I notice is that the elites on the Republican side tend to earn a living as producers. They make things that other people want or need. In contrast, elites on the Democratic side include many people one may think of as parasites. They depend on producers…
Some Links
Te Pati Maori promise retrospective legislation
02 Jan 2025 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of regulation, industrial organisation, law and economics, politics - New Zealand, property rights Tags: constitutional law
Te Pati Maori have written to organisations saying that if they are part of a Labour-led Government, they will pass retrospective legislation to punish organisations for actions that were entirely legal. You wonder how much more they need to do, to have media hold them to the same account as any other political party. They […]
Te Pati Maori promise retrospective legislation
Some Links
02 Jan 2025 Leave a comment
in applied price theory, economics of regulation, history of economic thought, industrial organisation, politics - USA
TweetMike Munger explains that “the only way to gain jobs is to lose jobs.” Two slices: Politicians want to create jobs, “good-paying union jobs,” in existing industries. But that’s not what markets do. The “destructive” part of creative destruction eliminates jobs in existing industries. In a dynamic economy, innovations indivision of labor can create good-paying…
Some Links
Palagashvili and Stossel on How Vile Labor Unions Can Be
20 Dec 2024 Leave a comment
in applied price theory, industrial organisation, labour economics, labour supply, survivor principle, unions
TweetIn this video, GMU Econ alum – and my Mercatus Center colleague – Liya Palagashvili talks with John Stossel about the economic destructiveness of labor unions. The post Palagashvili and Stossel on How Vile Labor Unions Can Be appeared first on Cafe Hayek.
Palagashvili and Stossel on How Vile Labor Unions Can Be
Some Simple Economics of the Google Antitrust Case
17 Dec 2024 1 Comment
in applied price theory, economics of information, entrepreneurship, industrial organisation, law and economics, politics - USA, Public Choice, survivor principle, theory of the firm Tags: competition law
The case is straightforward: Google pays firms like Apple billions of dollars to make its search engine the default. (N.B. I would rephrase this as Apple charges Google billions of dollars to make its search engine the default–a phrasing which matters if you want to understand what is really going on. But set that aside […]
Some Simple Economics of the Google Antitrust Case
Health insurance companies are not the main villain
16 Dec 2024 1 Comment
in applied price theory, health economics, industrial organisation, survivor principle Tags: health insurance
First of all, insurance companies just don’t make that much profit. UnitedHealth Group, the company of which Brian Thompson’s UnitedHealthcare is a subsidiary, is the most valuable private health insurer in the country in terms of market capitalization, and the one with the largest market share. Its net profit margin is just 6.11%… That’s only about half of […]
Health insurance companies are not the main villain
Utopia, you are standing in it! 
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