Celebrating humanity's flourishing through the spread of capitalism and the rule of law
11 Jan 2024 Leave a comment
in applied price theory, history of economic thought, income redistribution, labour economics, labour supply, Public Choice, public economics, welfare reform Tags: negative income tax, universal basic income
Philosopher Matt Zwolinski, co-author of Universal Basic Income: What Everyone Needs to Know, was a core member of the old Bleeding Heart Libertarians blog, which shut down in 2020. Now’s he’s singledly-handed revived the BHL brand on his new Bleeding Heart Libertarian substack. Matt recently published a critique of my response to Chris Freiman on…
Zwolinski on the UBI
10 Jan 2024 Leave a comment
in economic growth, economic history, entrepreneurship, labour economics, labour supply, macroeconomics, politics - New Zealand
In my post on Monday I drew attention (again) to the fact that New Zealand has made no progress at all in reversing the decline in relative economywide productivity (relative to other advanced countries) since what was hoped to be a turning point, with the inauguration of widespread economic reforms after the 1984 election. If anything, […]
Productivity woes….continued
08 Jan 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic growth, economic history, fiscal policy, inflation targeting, international economics, labour economics, macroeconomics, monetary economics, politics - New Zealand
06 Jan 2024 Leave a comment
in budget deficits, fiscal policy, labour economics, labour supply, macroeconomics Tags: ageing society
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06 Jan 2024 Leave a comment
in economic history, economics of love and marriage, labour economics, law and economics Tags: marriage and divorce
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04 Jan 2024 Leave a comment
in economic history, labour economics, labour supply, population economics, poverty and inequality Tags: capitalism and freedom, The Great Enrichment, The Great Escape, The Great Fact
In 1798, Thomas Malthus told the world to expect collapse – “Population, when unchecked, increases in a geometrical ratio. Subsistence increases only in an arithmetical ratio.”
04 Jan 2024 Leave a comment
in discrimination, gender, sports economics Tags: sex discrimination
The article below, recounting the Olympics’ tortuous attempts to distinguish members of sexes for women’s sports, comes from the Reality’s Last Stand Substack site. It’s by Linda Blade, identified as “a sport performance professional coach in Edmonton, Alberta, Canada [PhD Kinesiology; ChPC in T&F] who trains athletes in many different sports, mentors coaches, and advocates […]
The convoluted history of sex testing in the Olympics
03 Jan 2024 Leave a comment
in labour economics, labour supply, unemployment
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02 Jan 2024 Leave a comment
in discrimination, economics of crime, law and economics, liberalism, Marxist economics, politics - USA Tags: free speech, Gaza Strip, Middle-East politics, political correctness, racial discrimination, regressive left, war against terror
It’s likely that most or all of today’s posts will be about the antisemitism in America and the world, a form of hatred revealed and exacerbated by the war between Israel and Hamas. There are no other worthy items to post about, so if you’re tired of the war, or of discussions about Jews, just […]
Antisemitism in America as displacement behavior
01 Jan 2024 Leave a comment
in applied price theory, Austrian economics, behavioural economics, economic history, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice Tags: capitalism and freedom, evolutionary psychology, The Great Enrichment
Tweet… is from my emeritus Nobel-laureate colleague Vernon Smith‘s splendid speech “Human Betterment Through Globalization,” delivered in September 2005 at the Irvington-on-Hudson then-headquarters of the Foundation for Economic Education: The challenge is that we all function simultaneously in two overlapping worlds of exchange. First, we live in a world of personal, social exchange based on…
Quotation of the Day…
31 Dec 2023 Leave a comment
in applied price theory, business cycles, economic growth, economic history, economics of regulation, entrepreneurship, history of economic thought, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment
Robert Solow (1924-2023) died last week. As a starting point for understanding his life and his work on growth theory, the Nobel prize website, since he won the award in 1987, includes an overall description, a biographical essay, and his Nobel lecture. I can also strongly recommend an interview that Steven Levitt carried out with…
Solow on Market Advantages and Market Failures
30 Dec 2023 Leave a comment
in budget deficits, business cycles, economic growth, economic history, fiscal policy, labour economics, macroeconomics, monetary economics, unemployment Tags: monetary policy
That is the topic of my latest Bloomberg column, I thought it was time to call out all the Orwellian rewriting of intellectual history going on, so here goes: As Treasury Secretary Janet Yellen said last week: “So many economists were saying there’s no way for inflation to get back to normal without it entailing a […]
How Were So Many Economists So Wrong About the Recession?
29 Dec 2023 Leave a comment
in economics of media and culture, health and safety, labour economics
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29 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, defence economics, economic growth, economic history, economics of information, Euro crisis, fiscal policy, fisheries economics, global financial crisis (GFC), great recession, growth disasters, growth miracles, history of economic thought, human capital, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics, Public Choice, public economics, unemployment
26 Dec 2023 Leave a comment
in human capital, labour economics, labour supply, population economics Tags: Japan
Japan will become an immigration powerhouse. Before the pandemic, the country was on track to accept about 150,000 new non-Japanese employees per year. This more than doubled to almost 350,000 in the first half of 2023. There are now approximately 3.2 million non-Japanese residents of Japan, up from barely half a million 30 years ago. […]
Claims about Japanese immigration
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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
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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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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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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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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