Celebrating humanity's flourishing through the spread of capitalism and the rule of law
25 Feb 2024 Leave a comment
in economic history, economics of regulation, entrepreneurship, industrial organisation, macroeconomics
I periodically share Mark Perry’s famous “Chart of the Century” to show that government intervention is a recipe for rising relative prices.* Since economic principles don’t change when you cross national borders, one might expect to see similar patterns in other countries. And we do. Here’s a chart from Matthew Lesh of the Institute for […]
Government Intervention and Relative Prices
25 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, energy economics, environmental economics, global warming, income redistribution, industrial organisation, Public Choice, rentseeking Tags: price controls, The fatal conceit, unintended consequences, utility regulation
19 Feb 2024 Leave a comment
in economics of media and culture, industrial organisation, law and economics, property rights
16 Feb 2024 1 Comment
in energy economics, entrepreneurship, environmental economics, global warming, industrial organisation, Public Choice, rentseeking, survivor principle, transport economics Tags: electric cars
Death of the EV revolution?
Ford EV Crisis: “Our Gen 2 vehicles won’t launch unless we can … profit”
13 Feb 2024 Leave a comment
in economic history, entrepreneurship, financial economics, industrial organisation, survivor principle Tags: creative destruction
05 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, survivor principle Tags: European Union, solar power
By Paul Homewood h/t Dennis Ambler New Green Jobs Update! BRUSSELS — The European Commission is in early-stage talks on emergency measures to buoy drowning EU solar manufacturers who say Chinese subsidies are suffocating the industry, according to two people familiar with the matter. On Monday, the Commission will make a […]
EU mulls emergency aid for collapsing solar producers
05 Feb 2024 Leave a comment
in economic history, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
31 Jan 2024 Leave a comment
in entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
25 Jan 2024 Leave a comment
in economics of bureaucracy, environmental economics, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, survivor principle Tags: economics of networks, privatization
Chris Parker at Treasury sometimes quips that there are no silver bullets for solving housing in NZ, only pieces of silver buckshot. Basically you’ve got to do a lot of things to solve the problem; any one of them on their own won’t do it. I was on RNZ’s The Panel yesterday afternoon (here, from around…
Water metering – a small piece of silver buckshot
23 Jan 2024 Leave a comment
in economic history, economics of information, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
📸 Look at this post on Facebook
https://www.facebook.com/share/R7xogU9mejANPGQZ/?mibextid=RXn8sy
17 Jan 2024 Leave a comment
in applied price theory, discrimination, economic history, economics of information, economics of regulation, health and safety, history of economic thought, human capital, industrial organisation, international economics, labour economics, labour supply, liberalism, macroeconomics, Marxist economics, minimum wage, occupational choice, occupational regulation, poverty and inequality, unemployment, unions
A quarter century ago, economist Price Fishback published “Operations of ‘Unfettered’ Labor Markets: Exit and Voice in American Labor Markets at the Turn of the Century” in the prestigious Journal of Economic Literature. Fishback’s article is packed with insight… and understatement. But let’s back up. Virtually every standard history textbook describes U.S. labor markets before…
Unfettered: Fishback 25 Years Later
15 Jan 2024 1 Comment
in industrial organisation, liberalism, Marxist economics, politics - USA, survivor principle, theory of the firm Tags: Age of Enlightenment, free speech, political correctness, regressive left
Beer analysts are saying that Bud Light is still struggling with the boycott that has reduced its sale by a whopping 28% over the four weeks leading up to Dec. 9 — and heading to the all-important New Year’s sale period. The tragic irony for the company is that Alissa Heinerscheid, vice president of marketing…
Going Flat? Bud Light Sales Still Down 28 Percent as Consumers Continue Boycott
03 Jan 2024 1 Comment
in economics of regulation, industrial organisation, transport economics, urban economics
And at what margin? A new ideological struggle is brewing, yet we have not yet recognized it as such. The question is to what extent cities are for tourists, or for their current residents. Here is a report from Vermont: A Vermont town known for its autumn foliage has closed its roads to the public […]
Are cities for tourists or residents?
01 Jan 2024 Leave a comment
in applied price theory, Austrian economics, behavioural economics, economic history, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice Tags: capitalism and freedom, evolutionary psychology, The Great Enrichment
Tweet… is from my emeritus Nobel-laureate colleague Vernon Smith‘s splendid speech “Human Betterment Through Globalization,” delivered in September 2005 at the Irvington-on-Hudson then-headquarters of the Foundation for Economic Education: The challenge is that we all function simultaneously in two overlapping worlds of exchange. First, we live in a world of personal, social exchange based on…
Quotation of the Day…
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
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
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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
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Economics, and such stuff as dreams are made on
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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
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
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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
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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
Utopia, you are standing in it! 
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