https://www.facebook.com/share/p/NWuJxkrxYcNVweK8/?mibextid=r6DZeo
The Great Fact
10 Feb 2024 Leave a comment
in development economics, economic growth, economic history, gender, growth miracles, macroeconomics, poverty and inequality Tags: The Great Enrichment, The Great Fact
My TLS essay on the Clinton administration
10 Feb 2024 Leave a comment
in human capital, labour economics, labour supply, poverty and inequality, welfare reform
Here is the link, I am reviewing a bad book on the Clinton administration (A Fabulous Failure, by Lichtenstein and Stern). Here is one excerpt: Clinton-era welfare reform is another area where many commentators go astray, and Lichtenstein and Stein are no exception. The Clinton pronouncement “I have a plan to end welfare as we […]
My TLS essay on the Clinton administration
DON BRASH: NATIONHOOD, Orewa, 2004
09 Feb 2024 Leave a comment
in discrimination, liberalism, Marxist economics, politics - New Zealand Tags: constitutional law, political correctness, racial discrimination, regressive left
On February 1 Sean Plunket re-played the audio of Don Brash’s 2004 Orewa speech at The Platform. To listen to the entire speech, go here. Alternatively, the full text of the speech is reproduced below. Today Don reflects: “It’s very long – really far too long for a Rotary Club speech. I should have taken…
DON BRASH: NATIONHOOD, Orewa, 2004
What’s the Right Interest Rate for the Fed Anyway?
08 Feb 2024 Leave a comment
in business cycles, econometerics, economic growth, inflation targeting, labour economics, macroeconomics, monetary economics, unemployment Tags: monetary policy
Standard models watched by economists at the Federal Reserve and elsewhere suggest that rates should now be lowerBy Justin Lahart of The WSJ. Excerpt:”So where should rates be? There has been a lot of focus recently on the long-term neutral rate—the just-right level of rates for when inflation is at the Fed’s 2% target, and…
What’s the Right Interest Rate for the Fed Anyway?
The Conway speech
08 Feb 2024 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, economics of bureaucracy, fiscal policy, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment Tags: monetary policy
I’ve been rather tied up with other stuff for the last few weeks (including here) which is why I’ve not previously gotten round to writing about the first piece of monetary policy communications from our Reserve Bank this year. That was the “speech” by the Bank’s chief economist (and MPC) member Paul Conway given to […]
The Conway speech
LINDSAY MITCHELL: Labour hid developing welfare crisis
08 Feb 2024 Leave a comment
in applied price theory, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, welfare reform Tags: child poverty, family poverty
Lindsay Mitchell writes- When National became government in 2008, Finance Minister Bill English’s determination to understand the extent of benefit-dependency led them to commission Taylor Fry to produce annual actuarial reports. These were duly published at the MSD website every year but ceased when the government changed in 2017. Now however, an Official Information request […]
LINDSAY MITCHELL: Labour hid developing welfare crisis
#OTD
06 Feb 2024 Leave a comment
in comparative institutional analysis, discrimination, economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law
📸 Look at this post on Facebook
https://www.facebook.com/share/4VjbNNeEwSJ6ntfW/?mibextid=RXn8sy
Open Borders and Closed Courts: How the Supreme Court Laid the Seeds for the Immigration Crisis
06 Feb 2024 Leave a comment
in economic history, labour economics, labour supply, politics - USA Tags: constitutional law, economics of immigration
Below is my column in The Hill on the worsening situation at the Southern border and how the Supreme Court laid the seeds for this crisis over a decade ago. The courts have left few options for either the states or Congress in compelling the enforcement of federal law. Here is the column:
Open Borders and Closed Courts: How the Supreme Court Laid the Seeds for the Immigration Crisis
Some Links
06 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of regulation, health economics, history of economic thought, labour economics, law and economics, macroeconomics
TweetWriting in the Wall Street Journal, David Henderson and Charley Hooper explain why we should be thankful for high drug prices. Two slices: For Americans, paying for the discovery and development of new drugs rests on our shoulders. If we pay, we get new lifesaving medicines. If we don’t, we don’t. Almost all new drugs…
Some Links
Flying in America Has Actually Never Been Safer
05 Feb 2024 Leave a comment
in economics of regulation, health and safety, transport economics Tags: air accidents, air crash investigations
U.S. airlines have gone nearly 15 years without a fatal crash—and it’s not just luck. The revolution in the skies began with an innovative program that has become a model for the rest of the world.By Ben Cohen of The WSJ. I used the book The Economics of Public Issues in my micro classes. It had…
Flying in America Has Actually Never Been Safer
DON BRASH: WHAT KIND OF COUNTRY DO WE WANT TO BE?
03 Feb 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, discrimination, economic history, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, constitutional law, political correctness, racial discrimination, regressive left
Last Sunday, the Sunday Star-Times recalled on its front page the “fiery debate” triggered by my speech to the Orewa Rotary Club just 20 years earlier. Articles by several authors in the same paper brought the debate up-to-date and warned of the dangers of ACT’s Treaty Principles Bill, which the National Party’s coalition agreement with…
DON BRASH: WHAT KIND OF COUNTRY DO WE WANT TO BE?
CNN is confused about sex
02 Feb 2024 Leave a comment
in discrimination, gender, health economics Tags: Age of Enlightenment, free speech, gender gap, political correctness, regressive left, sex discrimination
Here’s a headline at CNN Health that is seemingly confused about what a “woman” is. Note that the word, which means “adult human female” appears blatantly in the headlines, but perhaps the headline writer was ideologically different from the authors: (click on screenshot to read) This is the gist of the article, and, indeed, […]
CNN is confused about sex
Breaking the Culture of Welfare Dependency
02 Feb 2024 Leave a comment
in comparative institutional analysis, development economics, economic history, economics of education, entrepreneurship, health economics, human capital, income redistribution, labour economics, labour supply, law and economics, liberalism, property rights, Public Choice, unemployment, welfare reform Tags: Canada
One hope that has occasionally been expressed since the beginning of the modern era of Treaty of Waitangi (ToW) settlements, has been that the Iwi showered with money and empowered with control of hundreds of millions or even billions of dollars worth of assets, would be able to then make a difference to all the […]
Breaking the Culture of Welfare Dependency
*The Case Against Education* Makes the WSJ
01 Feb 2024 Leave a comment
in applied price theory, econometerics, economics of education, economics of information, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: screening, signaling
Douglas Belkin, who has an admirably adversarial publication record on higher ed, spotlights my The Case Against Education in his latest piece in The Wall Street Journal:One result of this transactional attitude has been a sharp increase in cheating. College is one of the few products whose consumers try to get as little out of…
*The Case Against Education* Makes the WSJ
Seymour raises tax and Treaty issues in his “state of the nation” speech (which has not been posted on the Beehive site)
29 Jan 2024 Leave a comment
in comparative institutional analysis, discrimination, economic history, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
Buzz from the Beehive Just one statement has been posted on the government’s official website since Attorney-General Judith Collins announced the appointment of a new High Court Judge late last week. It deals with education and the government’s aims to get better results from school students.
Seymour raises tax and Treaty issues in his “state of the nation” speech (which has not been posted on the Beehive site)
Utopia, you are standing in it! 
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