Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Dec 2024 Leave a comment
in applied price theory, economic growth, entrepreneurship, fiscal policy, human capital, income redistribution, labour economics, labour supply, liberalism, macroeconomics, Marxist economics, politics - USA, poverty and inequality, Public Choice, public economics Tags: Denmark, Norway, social insurance, Sweden, taxation and entrepreneurship, taxation and investment, taxation and labour supply
Scandinavian nations are not socialist, at least if we’re using the technical definition (government ownership, central planning, and price controls). But those countries do have big welfare states. And that means stifling tax burdens. And those harsh taxes don’t just apply to rich taxpayers. Lower-income and middle-class people also get pillaged. I’ve already explained that punitive value-added […]
Scandinavian Governments Are Greedy, not Socialist
27 Dec 2024 Leave a comment
in discrimination, F.A. Hayek, history of economic thought, law and economics, liberalism, libertarianism, Milton Friedman Tags: apartheid, regressive left, South Africa
TweetOpponents of the liberal market order often play fast and loose with the facts in order to discredit two of history’s greatest champions of the liberal market order, Milton Friedman and F.A. Hayek. Editor, The New York Review of Books Editor: Trevor Jackson writes of “the enthusiasm that free-market fundamentalists like Friedrich Hayek and Milton…
Slandering Friedman and Hayek
27 Dec 2024 Leave a comment
in applied price theory, economic history, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: creative destruction
Deming, Ong and Summers have a good overview of long-run and very recent changes in the US labor market. Using a measure of occupational titles the authors find: The years spanning 1990-2017 were the most stable period in the history of the US labor market, going back nearly 150 years. It’s a bit too early […]
Technological Disruption in the US Labor Market
25 Dec 2024 Leave a comment
in discrimination, gender, health and safety, labour economics, occupational choice Tags: gender wage gap, sex discrimination
20 Dec 2024 Leave a comment
in applied price theory, industrial organisation, labour economics, labour supply, survivor principle, unions
TweetIn this video, GMU Econ alum – and my Mercatus Center colleague – Liya Palagashvili talks with John Stossel about the economic destructiveness of labor unions. The post Palagashvili and Stossel on How Vile Labor Unions Can Be appeared first on Cafe Hayek.
Palagashvili and Stossel on How Vile Labor Unions Can Be
19 Dec 2024 Leave a comment
in discrimination, law and economics, politics - New Zealand, property rights Tags: free speech, political correctness, racial discrimination, regressive left
The Herald reports: The Supreme Court has ruled the majority of the Court of Appeal “erred” in a major decision that ultimately eased the test for Māori to gain customary rights for use of the foreshore and seabed. Its just-issued ruling allows an appeal by the Attorney-General against the Court of Appeal’s decision last October, at a time the […]
So will they call the Supreme Court racist names now?
14 Dec 2024 Leave a comment
in discrimination, liberalism, Marxist economics, politics - New Zealand Tags: racial discrimination
New Zealand women got the vote in 1893; they got the right to stand for parliament a generation later in 1919. But there has never been a parliamentary party based on gender. That’s because most women do not put being female first and foremost in their lives. Their gender is an accident of birth. So…
It’s the Maori Party that is driving division
11 Dec 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, financial economics, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, organisational economics, personnel economics, Public Choice, rentseeking, survivor principle, theory of the firm Tags: creative destruction, employment law
Over at the Geek Way, Andrew McAfee has created a startling visualization related to entrepreneurship in the US and EU. The Draghi Report on EU competitiveness is generating a small buzz among economists. One startling claim is thatthere is no EU company with a market capitalisation over EUR 100 billion that has been set up…
More on Business Dynamism
10 Dec 2024 Leave a comment
in development economics, economics of crime, growth disasters, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice Tags: Mexico
Criminals turn college campuses into recruitment hubs, recruiting chemistry students in Mexico with big paydays.By Natalie Kitroeff and Paulina Villegas of The NY Times. Excerpts:”In their quest to build fentanyl empires, Mexican criminal groups are turning to an unusual talent pool: not hit men or corrupt police officers, but chemistry students studying at Mexican universities.People…
Mexican Cartels Lure Chemistry Students to Make Fentanyl
09 Dec 2024 Leave a comment
in economic history, economics of crime, labour economics, labour supply, law and economics, property rights Tags: constitutional law, economics of slavery
The campaigning activities of abolitionist MPs such as William Wilberforce and Thomas Fowell Buxton are well-known, but one former MP, who had become a member of the House of Lords, was involved in this question in a rather different way. Joe Baker – Public Engagement Assistant for the History of Parliament – looks at the […]
Somerset v Stewart, 1772: an End to Slavery in Britain?
08 Dec 2024 1 Comment
in discrimination, economics of bureaucracy, economics of education, economics of regulation, health economics, human capital, labour economics, labour supply, liberalism, Marxist economics, occupational choice, occupational regulation, politics - New Zealand, Public Choice Tags: free speech, political correctness, regressive left
What follows are Scope of Practice requirements for Enrolled and Registered Nurses from 25 January 2025. There are some small differences in requirements but the points I am highlighting are the same and what follows is for Enrolled Nurses. Scope of Practice Enrolled Nurses Enrolled nurses in Aotearoa New Zealand reflect knowledge, concepts and worldviews of both tangata whenua and tangata […]
NZ Nursing Council Raises A Middle Finger To Health Minister Shane Reti And The Coalition Government.
07 Dec 2024 1 Comment
in applied price theory, comparative institutional analysis, economics of regulation, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: employment law
That is the theme of a new Substack by Pieter Garicano, here is one excerpt: These answers, according to a recent paper by Olivier Coste and Yann Coatanlem, two French investors, miss the point: the reason more capital doesn’t flow towards high-leverage ideas in Europe is because the price of failure is too high. Coste estimates that, […]
Why are no trillion dollar companies being created in Europe?
07 Dec 2024 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, labour economics, law and economics, property rights
That is the theme of a new Substack by Pieter Garicano, here is one excerpt: These answers, according to a recent paper by Olivier Coste and Yann Coatanlem, two French investors, miss the point: the reason more capital doesn’t flow towards high-leverage ideas in Europe is because the price of failure is too high. Coste estimates that, […]
Why are no trillion dollar companies being created in Europe?
06 Dec 2024 Leave a comment
in discrimination, gender, law and economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left, sex discrimination
Supreme Court Justice Sonia Sotomayor is under fire today for seemingly dismissing medical concerns over the risks of puberty blockers and gender surgeries for minors with a comparison to taking Aspirin. In the oral arguments in United States v. Skrmetti, Sotomayor pointed out that there are risks to any medical procedure or drug. However, the […]
Take Two Puberty Blockers and Call Me in the Morning? Justice Sotomayor Under Fire For Aspirin Analogy in Oral Argument
05 Dec 2024 Leave a comment
in discrimination, economics of crime, gender, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
The Spinoff has an article by Zeni Gibson which details eight years of harassment by a man called Greg. Her suffering has been appalling, and hey tormenter has made a mockery of the law that should be protecting her. I can’t even summarise all the multiple failings, but it sadly doesn’t surprise me. There have…
Are protection orders worth anything?
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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