An excerpt from Chapter 1 of *Unbeatable*
The Mainstream World Is Not Free-Market
The Mainstream World Is Not Free-Market
10 May 2025 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, economic history, economics of education, economics of regulation, history of economic thought, human capital, labour economics, occupational choice
The Economic Consequences of Ever-Growing Government in Finland
10 May 2025 1 Comment
in applied price theory, economic growth, entrepreneurship, human capital, labour economics, labour supply, macroeconomics, Public Choice Tags: Finland, taxation and entrepreneurship, taxation and investment, taxation and labour supply
I’m currently in Finland for meetings with various people and I learned that the country’s bloated public sector and expensive welfare state are imposing a very heavy cost on the economy. How heavy of a cost? According to IMF data, there’s been no growth in per-capita GDP over the past 18 years. Why is Finland […]
The Economic Consequences of Ever-Growing Government in Finland
Korea’s Low Fertility Rate
08 May 2025 Leave a comment
in economics of love and marriage, human capital, labour economics, law and economics, population economics Tags: ageing society, South Korea
Fertility rates are falling around the world, but Republic of Korea is the outlier, with a fertility rate of 0.72 in 2024. The International Monetary Fund, in its report on Korea’s economic situation (generally quite good), thought that Korea’s low fertility justified adding an “Annex” to its most recent report on Korea’s economy: “Addressing Korea’s…
Korea’s Low Fertility Rate
Does he know what a woman is now?
07 May 2025 Leave a comment
in applied price theory, discrimination, economics of education, gender, health and safety, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, Public Choice, rentseeking Tags: gender wage gap, sex discrimination
Labour leader Chris Hipkins has joined the chorus of those opposing changes to pay equity legislation. Does this mean he knows what a woman is now? It is easy for opposition parties and their allies to criticise proposed changes but Heather du Plessis-Allan points out the problem with existing legislation: . . . Those pay […]
Does he know what a woman is now?
Weak Essay? Student Rejected by Top Universities Despite Near Perfect Scores and $30 Million App
27 Apr 2025 Leave a comment
in discrimination, economics of education, human capital, labour economics, labour supply, politics - USA Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
After the Supreme Court declared an end to the use of race criteria in college admissions, many administrators pledged to find a way around the decision. Schools are using essay prompts to flag race while rejecting the use of standardized testing to boost diversity in admissions. In the meantime, these schools are rejecting students with […]
Weak Essay? Student Rejected by Top Universities Despite Near Perfect Scores and $30 Million App
Foreigners
08 Apr 2025 Leave a comment
in human capital, labour economics, labour supply, population economics Tags: economics of immigration
The Regulation Review Committee’s tikanga decision
07 Apr 2025 Leave a comment
in economic history, economics of education, economics of regulation, human capital, labour economics, labour supply, law and economics, liberalism, Marxist economics, occupational regulation, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The Committee probably went as far as it could Gary Judd writes – What the Committee did The Regulation Review Committee decided (1) that making tikanga a compulsory subject for law students did not unduly trespass on personal rights and liberties, but (2) requiring tikanga to be incorporated in the other compulsory subjects was an […]
The Regulation Review Committee’s tikanga decision
Cultural Apartheid
03 Apr 2025 Leave a comment
in discrimination, economics of education, health economics, human capital, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, Public Choice, rentseeking Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
Muriel Newman writes – King’s Counsel Gary Judd has been at the forefront of a battle to defend New Zealand from the actions of Maori tribal leaders attempting to force their cultural apartheid onto our country. He’s defending the Rule of Law from attack by those pushing for ‘decolonisation’ by arguing that since ‘tikanga’ is an ‘amorphous […]
Cultural Apartheid
Minimal gender wage gap in NZ!
30 Mar 2025 Leave a comment
in discrimination, econometerics, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality Tags: gender wage gap, sex discrimination
Personality traits and gender gaps
30 Mar 2025 Leave a comment
in applied price theory, discrimination, econometerics, economics of education, gender, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap
This paper examines the effects of the Big Five personality traits on labor market outcomes and gender wage gaps using a job search and bargaining model with parameters that vary at the individual level. The analysis, based on German panel data, reveals that both cognitive and noncognitive traits significantly influence wages and employment outcomes. Higher […]
Personality traits and gender gaps
People Barely Care About Equality
27 Mar 2025 Leave a comment
in applied price theory, economics of education, human capital, income redistribution, labour economics, labour supply, poverty and inequality, Public Choice, rentseeking, urban economics Tags: regressive left
Another simple proof.
People Barely Care About Equality
Bosses Don’t Need a ‘What Did You Do’ Email. They’re Already Tracking You. (and how this might be related to Keynes’ theory of sticky wages)
27 Mar 2025 Leave a comment
in applied price theory, human capital, labour economics, labour supply, law and economics, macroeconomics, managerial economics, monetary economics, organisational economics, personnel economics, property rights, unemployment Tags: efficiency wage, wage rigidity
Elon Musk’s email to federal employees prompted angst, but lots of employers use technology for continuous feedback on worker performanceBy Natasha Khan and Ray A. Smith. Excerpts:”What did you do last week?The question that Elon Musk lobbed to federal workers in an email set off anger and angst from unions and employees. It also prompted…
Bosses Don’t Need a ‘What Did You Do’ Email. They’re Already Tracking You. (and how this might be related to Keynes’ theory of sticky wages)
Facial surgeons wanted in New Zealand, must be intimately familiar with all things Māori
26 Mar 2025 1 Comment
in discrimination, economics of education, health economics, human capital, labour economics, labour supply, occupational choice, politics - New Zealand Tags: political correctness. affirmative action, racial discrimination, regressive left
Here’s an archived link to an ad for a consultant oral maxillofacial surgeon at Dunedin Hospital. The curious thing—well, not so curious given that it’s New Zealand,—is the list of required qualifications. Click to read (a New Zealand dollar is worth about 57¢ in U.S. currency): Some of the details: About the role In this […]
Facial surgeons wanted in New Zealand, must be intimately familiar with all things Māori
What does India want – and what is New Zealand willing to give?
25 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of education, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economic law, international economics, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, Public Choice, rentseeking, survivor principle Tags: India, preferential trade agreements
Chris Trotter writes – What does India want from New Zealand? Not our dairy products, that’s for sure, it’s got plenty of those. Indeed 45 percent of the Indian population are small-scale farmers, most of them running a few head of cattle – not to eat, you understand – but to milk. If it once […]
What does India want – and what is New Zealand willing to give?
The curse of knowledge
25 Mar 2025 1 Comment
in economics of education, health and safety, human capital, occupational choice Tags: cognitive psychology, educational psychology
The curse of knowledge is a cognitive bias that occurs when someone, possessing knowledge or expertise on a particular topic, struggles to imagine or communicate with others who lack the same understanding or information. Essentially, once we know something, it’s very hard to imagine what it’s like not to know it. How it manifests: Why it happens: […]
The curse of knowledge
Utopia, you are standing in it! 
Recent Comments