If you want to drink deeply of unabashedly pro-globalization essays, the Cato Institute has a “Defending Globalization” project underway. The well-written essays are mostly short or mid-length, and clearly aimed at the general public–including undergraduate students. I can’t hope to summarize the essays here, and indeed, more essays are on their way (and you can…
A Pro-Globalization Banquet
A Pro-Globalization Banquet
05 Dec 2023 Leave a comment
in applied price theory, development economics, economic history, growth disasters, growth miracles, history of economic thought, income redistribution, international economics, liberalism, Marxist economics, Public Choice, rentseeking Tags: Age of Enlightenment, The Great Enrichment, The Great Escape
Finding external balance
26 Oct 2023 Leave a comment
in business cycles, economic growth, fiscal policy, international economics, macroeconomics, monetary economics

That was the title of a ten page piece published last week by the ANZ economics team (chief economist Sharon Zollner and one of her offsiders, who appears to be a temporary secondee from the Reserve Bank). You can find a link to the paper here. The gist is captured in the paper’s summary I […]
Finding external balance
Baby Busts and Bank Crashes: A Conversation with Demographer Nicholas Eb…
20 Aug 2023 Leave a comment
in applied price theory, economic history, financial economics, industrial organisation, international economics, macroeconomics, monetary economics, population economics Tags: baby bust, economics of banking
Why did so many countries get involved in the Boxer Rebellion?
02 May 2023 Leave a comment
in defence economics, development economics, economic history, international economics, International law, war and peace Tags: China
Why did Japan ban everyone except for the Dutch?
30 Jan 2023 Leave a comment
in defence economics, economic history, international economic law, international economics, International law Tags: Japan
Reflections on Japan
19 Jan 2023 Leave a comment
in comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of crime, economics of education, growth miracles, human capital, industrial organisation, international economics, labour economics, labour supply, law and economics, liberalism, poverty and inequality, Public Choice Tags: Japan

Simon and I had a fantastic journey through Japan, or at least the east coast of Honshu. We started in Tokyo, then took bullet trains to Hiroshima, Himeji, Kyoto, and Mount Fuji before heading home. 1,504 more words
Reflections on Japan
The scourge of lower prices
25 Oct 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, international economics Tags: preferential trade agreements

The Sanction-Fueled Destruction of the Russian Aviation Industry
09 Oct 2022 Leave a comment
in defence economics, international economic law, international economics, International law, law and economics, property rights, transport economics Tags: Russia, Ukraine
How the West Can Exploit Russia’s “Dutch Disease” and End the War in Ukraine
24 Aug 2022 Leave a comment
in defence economics, energy economics, international economics, war and peace Tags: nuclear power, Oil prices, Ukraine
I Annoyed a mercantilist
06 Jul 2022 Leave a comment
in applied price theory, applied welfare economics, economic history, income redistribution, industrial organisation, international economics, labour economics, labour supply, Public Choice, rentseeking, survivor principle, transport economics Tags: free trade, free trade agreements, tariffs

Beware of fish-hooks in free trade deals
05 Jul 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, income redistribution, international economics, politics - New Zealand, Public Choice, rentseeking Tags: customs unions, tariffs, trade diversion, trade negotiations
Milton Friedman – Imports, Exports & Exchange Rates
11 Jun 2022 Leave a comment
in international economics, labour economics, labour supply, Milton Friedman Tags: free trade
Adrian Orr on inflation drivers when the exchange rate is floating
26 May 2022 Leave a comment
in financial economics, inflation targeting, international economics, macroeconomics, monetary economics





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