Celebrating humanity's flourishing through the spread of capitalism and the rule of law
10 Aug 2024 Leave a comment
in applied price theory, econometerics, economic history, economics of regulation, income redistribution, industrial organisation, labour economics, labour supply, law and economics, occupational choice, politics - USA, property rights, Public Choice, public economics, regulation, rentseeking, survivor principle, theory of the firm Tags: barriers to entry, creative destruction, taxi regulation
The idea behind Uber first arose, the story goes, on a snowy evening in Paris back around 2008, when Travis Kalanick and Garrett Camp found themselves stuck in Paris on a snowy evening, unable to find a taxi. They wondered “What if you could request a ride simply by tapping your phone?” They co-founded Uber based…
The Creation of Ride-sharing and the Creativity of Markets
06 Aug 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, economics of education, health economics, industrial organisation, politics - New Zealand, Public Choice, public economics, survivor principle
Oliver Hartwich writes – New Zealand’s government sacked the entire board of Health New Zealand (Te Whatu Ora) last week, replacing it with a sole commissioner. The move marked more than just another shake-up in the country’s beleaguered health system. It signalled the spectacular failure of a grand experiment that has turned New Zealand into […]
Pervasive myth of centralisation unravels in NZ
28 Jul 2024 Leave a comment
in economic history, industrial organisation, survivor principle, television Tags: creative destruction
05 Jul 2024 Leave a comment
in economics of media and culture, industrial organisation, liberalism, Marxist economics, politics - USA, survivor principle Tags: 2024 presidential election, free speech, media bias, political correctness, regressive left
The media is sorry . . . sort of. After the shocking appearance of President Joe Biden in the presidential debate, the public has turned its attention to the press which has, again, buried a major scandal for years. According to CNN, the reporters at the White House are really, really sorry but explained that […]
Reporters Blame “Right-Wing Media” for Their Failure to Disclose Biden’s Infirmity
30 Jun 2024 Leave a comment
in economic history, entrepreneurship, industrial organisation, survivor principle
21 May 2024 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economics of regulation, entrepreneurship, growth miracles, industrial organisation, managerial economics, organisational economics, public economics, survivor principle Tags: taxation and entrepreneurship, taxation and investment
QUESTION TO CLAUDE 3: The EU and China lag behind the US in economic dynamism, measured by start-up activity, number of unicorns, age of unicorns (younger indicates more rapid innovation), and in productivity growth. Can you document this and tell me why?ANSWER: Here is the data to document the economic dynamism gap between the US,…
Claude 3 on why the US leads China and the EU in economic dynamism
17 May 2024 Leave a comment
in applied price theory, economics of bureaucracy, industrial organisation, law and economics, managerial economics, politics - New Zealand, privatisation, property rights, Public Choice, survivor principle, theory of the firm, transport economics
The Herald reports: KiwiRail’s seemingly endless requests for more money is damning. At one point, KiwiRail assured Robertson when he was the Finance Minister that the worst-case scenario would be an extra $300 million before requesting $1.2 billion a few months later. Not what most people regard as worst case. It’s no wonder Ministry of Transport officials […]
Is it time to take the Interislander away from Kiwirail?
15 May 2024 Leave a comment
in energy economics, entrepreneurship, environmental economics, financial economics, global warming, industrial organisation, survivor principle Tags: Germany, solar power
Germany’s costly and chaotic wind and solar transition has served up plenty of casualties. Large numbers of energy intensive manufacturers have already bailed out – chasing cheap power prices in places like the US and Singapore. Now, in a rather ironic twist, its solar panel manufacturing industry has all but thrown in the towel. Notwithstanding […]
Business Freeze: Germany’s Last Solar Panel Manufacturers Finally Crushed
14 May 2024 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, politics - USA, survivor principle Tags: wind power
America’s offshore wind industry is collapsing, both figuratively and literally. Offshore turbines have grown in capacity and size to the point where they simply collapse into the ocean. As do the financial prospects of those seeking to profit from them. One of the key players offshore – GE’s renewables division – backed up a solid […]
Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates
24 Apr 2024 Leave a comment
in economics of bureaucracy, economics of climate change, environmental economics, environmentalism, financial economics, global warming, industrial organisation, law and economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, survivor principle Tags: climate alarmism
Eric Crampton writes – The Reserve Bank of New Zealand desperately wants to find reasons to have workstreams in climate change. It makes little sense.
Still no prudential regulation case around climate change
15 Apr 2024 Leave a comment
in economics of bureaucracy, economics of media and culture, industrial organisation, managerial economics, market efficiency, organisational economics, personnel economics, politics - New Zealand, privatisation, Public Choice, public economics, survivor principle Tags: media bias
Hosking went after Radio New Zealand this morning and it was bad.The Mike Hosking Breakfast, 0600 till 0900 has three producer/support staff, Radio NZ Morning report has 16 production staff to cover the same five day time slot, yet the state run highly subsidised show falls way behind in ratings.. That 16 figure for production […]
No Knife But A Bloodletting Nevertheless.
13 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of regulation, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, Marxist economics, poverty and inequality, property rights, Public Choice, public economics, survivor principle, theory of the firm Tags: economics of socialism, regressive left
Not that the socialist in question, Professor Richard D. Wolff, realises that’s what he’s doing in the Q&A video below – and he’s not talking about traditional Communist Command and Controlled Economies. What he’s actually describing is a very pure form of socialism, the sort only vaguely imagined by Marx, Engels and other communists when […]
A Socialist Explains Why Socialism Can’t Work
09 Apr 2024 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, survivor principle
A WSJ article by Alexandra Bruell reports that three years ago the Atlantic magazine ran a $20 million deficit which led to layoffs. A new boss, Nick Thompson, was tasked with turning this around. Along with editorial changes toward longer investigative pieces rather than breaking news, the Atlantic raised subscription prices 50%. How did he…
Pricing the Atlantic
13 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economic history, entrepreneurship, history of economic thought, income redistribution, international economics, labour economics, labour supply, poverty and inequality, Public Choice, rentseeking, survivor principle, unemployment Tags: creative destruction, free trade, tariffs
TweetProf. Angus Deaton Princeton University Prof. Deaton: Over the years I’ve learned much from your writings, and I regard your 2013 The Great Escape as one of the most important books published in the past 15 years. So I was quite surprised and disappointed to read that you, as you say, are now “much more…
An Open Letter to Nobel-laureate Economist Angus Deaton
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
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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
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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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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Reading between the lines, and underneath the hype.
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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
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
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