Celebrating humanity's flourishing through the spread of capitalism and the rule of law
12 Aug 2025 Leave a comment
in discrimination, economics of regulation, gender, health economics, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: political correctness, regressive left, sex discrimination
The Tenth Circuit handed down a notable opinion this week in Poe v. Drummond, upholding Oklahoma’s law prohibiting gender transition procedures for anyone under eighteen. The opinion by Judge Joel Carson (joined by Judges Harris Hartz and Gregory Phillips) concluded that parental rights do not trump a state’s determination of what are safe treatments for […]
Tenth Circuit: Parents Do Not Have Right to Override Ban on Gender Transitioning of Minors
11 Aug 2025 Leave a comment
in applied price theory, economic history, economics of regulation, human capital, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand, poverty and inequality, property rights, Public Choice, rentseeking, transport economics, urban economics Tags: family poverty, homelessness, regressive left
Ani O’Brien writes – Chlöe Swarbrick wants you to believe the Government is intentionally increasing homelessness. She told RNZ’s Mata with Mihingarangi Forbes: “The only conclusion that I can really come to is that this Government has intentionally increased homelessness…” It’s the kind of soundbite that plays well on social media. Outrage travels faster than nuance, and a […]
Chlöe Swarbrick’s homelessness hyperbole
09 Aug 2025 1 Comment
in discrimination, economics of education, gender, liberalism, Marxist economics, politics - USA Tags: evolutionary biology, free speech, political correctness, regressive left, sex discrimination
We’ve all learned that The Lancet, once a respectable journal, has gone full-on “progressive,” denying the sex binary, adopting a comprehensive Left progressive position, blaming rich white countries for all the health problems of poorer countries, and advocating gender-activist language, as it did in its widely-criticized cover below. Much of this was done under the […]
The Lancet publishes a glowing but deeply misguided review of a book that denies the sex binary, yet the author of the review had previously TOUTED the sex binary
09 Aug 2025 Leave a comment
in economic history, industrial organisation, labour economics, labour supply, survivor principle, transport economics, urban economics
One of those facts that “everyone knows” is that the US auto industry has been crushed by foreign competition. As Adam Ozimek points out in “Myths and Lessons from a Century of American Automaking” (Economic Innovation Institute, August 1, 2025), while the US car industry certainly no longer features large manufacturing plants in the city…
The US Auto Industry: Evolving, not Evaporating
07 Aug 2025 Leave a comment
in income redistribution, labour economics, politics - New Zealand, Public Choice, public economics Tags: ageing society
A guest post by Michael Littlewood: As New Zealand’s population ages and, in particular, as the proportion of over-65s increases, the cost of New Zealand Superannuation (NZS) is rising. We know that and it doesn’t help us understand the issues to create headlines that catastrophise the expected costs. The pensions payable in the future, public […]
GUEST POST: On the long-term costs of New Zealand Superannuation: more affordable now?
04 Aug 2025 1 Comment
in labour economics, Public Choice, welfare reform, applied price theory, income redistribution
In an article in The Conversation earlier this year, Edward Yiu and William Cheung (both University of Auckland) discuss New Zealand’s accommodation supplement for low-income renters:New Zealand’s unaffordable housing market has left many low and middle-income families reliant on the accommodation supplement to cover rent and mortgage payments.But our new research has found the scheme,…
Why the accommodation supplement does little to help low-income tenants
04 Aug 2025 Leave a comment
in applied price theory, development economics, economics of bureaucracy, economics of regulation, growth disasters, growth miracles, labour economics, labour supply, occupational choice, Public Choice Tags: India
In Massive Rent-Seeking in India’s Government Job Examination System I argued that the high value of government jobs has distorted India’s entire labor market and educational system. India’s most educated young people—precisely those it needs in the workforce—are devoting years of their life cramming for government exams instead of working productively. These exams cultivate no […]
The Tragedy of India’s Government-Job Prep Towns
03 Aug 2025 Leave a comment
in labour economics, Milton Friedman
Tweet… is from page 246 of Milton & Rose Friedman’s great 1980 book, Free To Choose: A worker is protected from his employer by the existence of other employers for whom he can go to work. An employer is protected from exploitation by his employees by the existence of other workers whom he can hire.…
Quotation of the Day…
02 Aug 2025 Leave a comment
in applied price theory, fiscal policy, labour economics, macroeconomics, public economics Tags: taxation and investment
The Laffer Curve provides incredibly important insights about tax policy. Most important, it informs us that you don’t measure the revenue impact of tax policy changes merely by looking at what is happening to tax rates. You also have to consider whether changes in tax rates will alter incentives to earn and report income. Or, […]
The Laffer Curve Triumphs Again: Class Warfare in the United Kingdom Backfires
29 Jul 2025 Leave a comment
in applied price theory, income redistribution, labour economics, labour supply, minimum wage, politics - USA, Public Choice, rentseeking, unemployment Tags: California
The classic book, Economics in One Lesson reduces all of economics to a similar lesson:The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.The lesson of Chapter…
CA min wage goes up ==> CA employment declines
28 Jul 2025 Leave a comment
in gender, health and safety, labour economics, occupational choice
26 Jul 2025 Leave a comment
in applied price theory, economics of regulation, history of economic thought, income redistribution, international economics, International law, labour economics, labour supply, Marxist economics, politics - USA, Public Choice, rentseeking Tags: 2024 presidential election, regressive left, tarrifs
Many of Trump’s signature policies overlap with those of the American progressive left—e.g. tariffs, economic nationalism, immigration restrictions, deep distrust of elite institutions, and an eagerness to use the power of the state. Trump governs less like Reagan, more like Perón. As Ryan Bourne notes, this ideological convergence has led many on the progressive left […]
Horseshoe Theory: Trump and the Progressive Left
23 Jul 2025 Leave a comment
in discrimination, gender, health economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left, sex discrimination
Luana called my attention to an article on wokeness, in this case describing the ideological erosion of Planned Parenthood (henceforth “PP). Click the headline below to read the WSJ “Saturday essay”, or or find it archived free here. Notice that the author is Pamela Paul, formerly the Sunday book-review editor and then a columnist for […]
Planned Parenthood going the way of the ACLU and the SPLC?
19 Jul 2025 Leave a comment
in applied price theory, labour economics, labour supply Tags: Denmark, taxation and labour supply
Even in Denmark: We investigate long-run earnings responses to taxes in the presence of dynamic returns to effort. First, we develop a theoretical model of earnings determination with dynamic returns to effort. In this model, earnings responses are delayed and mediated by job switches. Second, using administrative data from Denmark, we verify our model’s predictions […]
Labor supply is elastic!
19 Jul 2025 Leave a comment
in labour economics, labour supply, politics - USA, population economics Tags: economics of immigration
I recently argued that self-reports understate the personality gender gap. As long as some men rate their personalities relative to the average male, and some women rate their personalities relative to the average female, the gap the data reveal is less than the true gap. 798 more words
Immigrant Assimilation Is Obviously High
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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