This is not a “Star Wars vs Star Trek” post. I’m non-partisan. I enjoy both Star Wars and Star Trek about equally. And it turns out that I am not alone. Last December, John Hawkins (University of Canberra) wrote in The Conversation about what Star Wars can teach us about economics. This year, Hawkins (with Tesfaye…
What Star Wars AND Star Trek can teach us about economics
What Star Wars AND Star Trek can teach us about economics
01 Jan 2026 Leave a comment
in applied price theory, comparative institutional analysis, defence economics, economics of regulation, international economics, labour economics, labour supply, movies, television, TV shows, unions
US Growth: From Hours Worked or Productivity Gains?
30 Dec 2025 Leave a comment
in applied price theory, econometerics, economic growth, economic history, labour economics, labour supply, macroeconomics
US economic growth can be divided into two parts: more hours worked, or more productivity per hour worked. In the past, the US labor force has been rising over time: the US labor force totaled 107 million people in 1980, 142 million in 2000, and was up to 171 million this year. However, after several…
US Growth: From Hours Worked or Productivity Gains?
Canada fact of the day
29 Dec 2025 Leave a comment
in applied price theory, development economics, labour economics, labour supply, poverty and inequality, welfare reform Tags: Canada
Since 2015, Canada has tripled its Indigenous spending – paying more than on national defense. Over those same years, Indigenous people have suffered a catastrophic collapse in health and well-being: on average almost a full decade of lost life expectancy. That is from David Frum. The post Canada fact of the day appeared first on…
Canada fact of the day
Book review: Economics of the New Zealand Maori
27 Dec 2025 Leave a comment
in development economics, economic history, labour economics, law and economics, politics - New Zealand, property rights Tags: economic anthropology, Maori economic development
In amongst my collection of books, I have assembled a number of classics, including some reasonably rare editions. One of those is Economics of the New Zealand Maori [*] by Raymond Firth. This book was originally published from Firth’s PhD thesis in 1929 (the thesis was approved in 1927 at the University of London). The edition…
Book review: Economics of the New Zealand Maori
Celebrating Two Years of Libertarian Success in Argentina
27 Dec 2025 Leave a comment
in applied price theory, Austrian economics, budget deficits, comparative institutional analysis, constitutional political economy, development economics, economic growth, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, history of economic thought, income redistribution, industrial organisation, labour economics, liberalism, libertarianism, macroeconomics, Public Choice, rentseeking, unemployment Tags: Argentina
As explained in my four-part series (here, here, here, and here) and in this clip from a recent interview, Javier Milei’s first two years have been amazingly successful. There are two points in the interview that deserve emphasis. First, Javier Milei’s libertarian policies already have been extremely beneficial for the Argentine economy. Inflation has dramatically […]
Celebrating Two Years of Libertarian Success in Argentina
AI summary of my living wage paper
24 Dec 2025 Leave a comment
in applied price theory, history of economic thought, income redistribution, job search and matching, labour economics, labour supply, macroeconomics, minimum wage, politics - New Zealand, poverty and inequality, Public Choice, rentseeking Tags: living wage
New South Wales bans anti-Jewish rhetoric in wake of Bondi Beach attack
24 Dec 2025 Leave a comment
in defence economics, discrimination, economics of crime, law and economics, liberalism, Marxist economics, politics - Australia, war and peace Tags: free speech, Gaza Strip, Middle-East politics, political correctness, regressive left, war against terror, West Bank
The attack on Jews celebrating Hanukkah at Bondi Beach near Sydney (the capital of New South Wales), was horrific: fifteen people were killed (not including the perps) and 40 injured. It was clearly a terrorist attack designed to kill Jews, putting the lie that this kind of violence is “anti-Zionist” rather than antisemitic. Australian Jews…
New South Wales bans anti-Jewish rhetoric in wake of Bondi Beach attack
BBC Framing Asks Jews to Answer For Violence Against Jews
23 Dec 2025 1 Comment
in defence economics, discrimination, economics of crime, International law, law and economics, liberalism, Marxist economics, politics - Australia, war and peace Tags: free speech, Gaza Strip, Middle-East politics, political correctness, regressive left, war against terror
Since the antisemitic terror attack on Bondi Beach last week, there has been a large amount of discussion on BBC radio and broadcast channels… The post BBC Framing Asks Jews to Answer For Violence Against Jews appeared first on CAMERA UK.
BBC Framing Asks Jews to Answer For Violence Against Jews
Kathleen Stock on female genital mutilation, cultural relativism, and a recent (odious) paper in The Journal of Medical Ethics
21 Dec 2025 Leave a comment
in discrimination, economics of crime, economics of education, gender, law and economics, liberalism, Marxist economics Tags: sex discrimination
Over at UnHerd, philosopher Kathleen Stock, formerly of the University of Sussex, critiques a paper in The Journal of Medical Ethics that I discussed recently, a paper you can read by clicking below. (You may remember that Stock, an OBE, was forced to resign from Sussex after she was demonized for her views on gender…
Kathleen Stock on female genital mutilation, cultural relativism, and a recent (odious) paper in The Journal of Medical Ethics
My first AI op-ed summary
21 Dec 2025 Leave a comment
in applied price theory, discrimination, economics of education, economics of information, entrepreneurship, gender, human capital, labour economics, labour supply, politics - New Zealand Tags: gender wage gap
“Progressives” appear to whitewash female genital mutilation
18 Dec 2025 Leave a comment
in discrimination, economics of crime, gender, health economics, law and economics, liberalism, Marxist economics Tags: political correctness, regressive left, sex discrimination
This is an example of how horrible cultural practices are excused—or made to seem less harmful—by “progressives” (read “the woke”) when they’re characteristic of minority groups. In this case the practice is one of the cruelest and most misogynistic forms of behavior around—female genital mutilation (FGM), especially in its most damaging form, infibulation (there are…
“Progressives” appear to whitewash female genital mutilation
Europe’s Grim Fiscal Future
16 Dec 2025 Leave a comment
in budget deficits, economic growth, fiscal policy, labour economics, labour supply, macroeconomics, public economics Tags: ageing society, European Union, population bust
If you want to know why I’m pessimistic about Europe (particularly compared to the U.S.), this chart is a good example. It shows that many European nations have enormous long-run liabilities for their Social Security systems. It’s an understatement to observe that Spain, Austria, and Italy have very grim fiscal futures. Keep in mind that […]
Europe’s Grim Fiscal Future
Demographic Decline, Part I: Baby Subsidies Are an Ineffective Response
15 Dec 2025 Leave a comment
in economic growth, fiscal policy, labour economics, labour supply, macroeconomics, population economics, urban economics Tags: ageing society, population bust
I have a five-part series (here, here, here, here, and here) explaining that demographic decline will lead to fiscal crisis. The main takeaway is that entitlement programs are a ticking time bomb, and I castigate politicians who want to kick the can down the road (or make a bad situation even worse). This is a global problem, not merely an American problem, as […]
Demographic Decline, Part I: Baby Subsidies Are an Ineffective Response
Why does Labour select so few Maori for winnable general seats?
10 Dec 2025 Leave a comment
in discrimination, politics - New Zealand Tags: racial discrimination
It is interesting to look at the list of Maori MPs who have won general electorates in NZ. The list is: So the breakdown by party is: Of Labour’s nine Maori MPs who won an electorate seat, five of them were in the 2020 landslide. Prior to that there had been only four. Just four…
Why does Labour select so few Maori for winnable general seats?
Productivity growth (or lack of it)
10 Dec 2025 Leave a comment
in applied price theory, econometerics, economic growth, economic history, fiscal policy, labour economics, macroeconomics, politics - New Zealand
In a post last week I included this chart of the latest annual OECD data on labour productivity, expressed in PPP terms. It was grim, in a familiar sort of way. New Zealand’s overall economic performance has long been poor (the halcyon days when New Zealand was in the top 3 in the world relegated […]
Productivity growth (or lack of it)
Utopia, you are standing in it! 
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