My tradition on this blog is to take a break (mostly!) from current events in the later part of August. Instead, I pre-schedule daily posts based on things I read during the previous year about three of my preoccupations: economics, editing/writing, and academia. With the posts pre-scheduled, I can then relax more deeply when floating…
Telephone Operators: The Elimination of a Job
Telephone Operators: The Elimination of a Job
20 Aug 2024 Leave a comment
in economic growth, economic history, gender, history of economic thought, industrial organisation, labour economics, labour supply, macroeconomics, market efficiency, occupational choice, survivor principle, unemployment Tags: creative destruction
New Zealand fact of the day
19 Aug 2024 Leave a comment
in international economics, labour economics, labour supply, politics - Australia, politics - New Zealand Tags: economics of immigration
In the year to June, 80,200 New Zealand citizens moved abroad, almost double the numbers prior to the Covid-19 pandemic. Meanwhile, just 24,900 returned, according to Stats NZ — the country’s official data agency. The net loss of 55,300 citizens (which follows a net loss of 56,500 in the year to April) smashed the previous record […]
New Zealand fact of the day
Friedman vs Stiglitz, Chile vs Venezuela
16 Aug 2024 Leave a comment
in development economics, economic growth, economic history, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, law and economics, liberalism, macroeconomics, Marxist economics, Milton Friedman, politics - USA, poverty and inequality, property rights, Public Choice, public economics, rentseeking Tags: Chile, free speech, political correctness, regressive left, The Great Enrichment, Venezuela
I’ve repeatedly praised Chile’s pro-market reforms (see here, here, and here) and I’ve repeatedly condemned Venezuela’s shift to socialism (see here, here, and here). But if you don’t have time to read all those columns, this chart from the Maddison database tells you everything you need to know. Simply stated, Chile’s reforms have delivered huge […]
Friedman vs Stiglitz, Chile vs Venezuela
NZ now has an asylum problem
12 Aug 2024 Leave a comment
in Economics of international refugee law, labour economics, labour supply, law and economics, politics - New Zealand Tags: economics of immigration
Stuff reports: The number of people claiming refugee status in New Zealand has exploded in the past two years, statistics released by Immigration New Zealandshow. In the 11 months to 31 May 2024, a total of 2220 people claimed refugee status in New Zealand. Half of these asylum seekers – 1108 people – were from a […]
NZ now has an asylum problem
Minnesota’s Failed Class-Warfare Tax Policy
11 Aug 2024 Leave a comment
in applied price theory, applied welfare economics, economic growth, fiscal policy, labour economics, labour supply, macroeconomics, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
Writing about Mitt Romney’s selection of Paul Ryan in 2012, I opined that, “…it probably means nothing. I don’t think there’s been an election in my lifetime that was impacted by the second person on a presidential ticket.” I feel the same way about Tim Walz, who is Kamala Harris’ pick for Vice President. But […]
Minnesota’s Failed Class-Warfare Tax Policy
Blokes are bigger
10 Aug 2024 Leave a comment
in discrimination, gender, health economics, sports economics Tags: gender gap, Olympics
The Creation of Ride-sharing and the Creativity of Markets
10 Aug 2024 Leave a comment
in applied price theory, econometerics, economic history, economics of regulation, income redistribution, industrial organisation, labour economics, labour supply, law and economics, occupational choice, politics - USA, property rights, Public Choice, public economics, regulation, rentseeking, survivor principle, theory of the firm Tags: barriers to entry, creative destruction, taxi regulation
The idea behind Uber first arose, the story goes, on a snowy evening in Paris back around 2008, when Travis Kalanick and Garrett Camp found themselves stuck in Paris on a snowy evening, unable to find a taxi. They wondered “What if you could request a ride simply by tapping your phone?” They co-founded Uber based…
The Creation of Ride-sharing and the Creativity of Markets
Basic income, again
09 Aug 2024 Leave a comment
in applied price theory, econometerics, labour economics, labour supply, poverty and inequality, unemployment, welfare reform Tags: universal basic income
This week’s column for the Stuff papers covered the excellent new US work testing the effects of a UBI. From November 2020, 3000 low-income people were randomly assigned into two groups for three years. One thousand people each received $1000 per month in unconditional funds for three years. Two thousand people each received $50 per month.Both…
Basic income, again
DON BRASH: John Key’s Call for “Caution” in Race Relations
06 Aug 2024 Leave a comment
in discrimination, law and economics, politics - New Zealand, property rights Tags: constitutional law
He doesn’t want to have difficult conversations. Former National Party leader Sir John Key has urged people to “take the temperature down a wee bit” in the debate surrounding race issues. He believes this is an area where any government needs to “tread carefully.” He also mentioned recent issues such as ACT’s Treaty Principles Bill, the…
DON BRASH: John Key’s Call for “Caution” in Race Relations
How Politicians Should Debate: Kemi Badenoch
05 Aug 2024 Leave a comment
in applied price theory, discrimination, economic growth, economics of bureaucracy, economics of crime, economics of regulation, gender, income redistribution, labour economics, law and economics, macroeconomics, Public Choice, public economics, rentseeking, urban economics Tags: British politics
She’s been one of the rising stars of the British Conservative Party for some time now, and I’ve covered stories about her before (Would be nice if a US Democrat said this about Critical Race Theory and A Tory warning for the National Party of 2032), but I’ve finally decided to add Kemi Badenoch as a tag […]
How Politicians Should Debate: Kemi Badenoch
Communism still doing well in Cuba
05 Aug 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, income redistribution, labour economics, labour supply, law and economics, Marxist economics, property rights, Public Choice, public economics Tags: Cuba
The Miami Herald reports: A stunning 10% of Cuba’s population — more than a million people — left the island between 2022 and 2023, the head of the country’s national statistics office said during a National Assembly session Friday, the largest migration wave in Cuban history. Isn’t it such a weird coincidence that the queue […]
Communism still doing well in Cuba
Transgender or Intersex? Confusion Reigns Over the Gender Status of Two Olympic Boxers
04 Aug 2024 Leave a comment
in discrimination, gender, law and economics, politics - USA, sports economics Tags: free speech, gender gap, Olympic Games, political correctness, regressive left, sex discrimination
On Saturday, the International Olympic Committee (IOC) issued a surprising correction after claiming for a week that Algerian boxer Imane Khelif and Taiwan’s Lin Yu-Ting were actually born women and have Differences in Sexual Development (DSD), a range of rare conditions in which a person’s genitalia do not necessarily match with their chromosomes or hormone…
Transgender or Intersex? Confusion Reigns Over the Gender Status of Two Olympic Boxers
Racism is racism
02 Aug 2024 Leave a comment
in discrimination, law and economics, liberalism, Marxist economics, politics - New Zealand Tags: free speech, political correctness, racial discrimination, regressive left
Some Labour and Maori Party MPs have been making appalling personal attacks on Act MP Karen Chhour: The minister has been under pressure from opposition parties over contentious policies including the re-introduction of boot camps and the repeal of Section 7AA from the Oranga Tamariki Act – removing treaty obligations from the law. But Chhour […]
Racism is racism
Don’t Mess with Texas: Fifth Circuit Rules Against the Biden Administration in Buoy Dispute on Southern Border
02 Aug 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: 2024 presidential election, economics of immigration
Texas won a big victory in the United States Court of Appeals in the long struggle over floating buoy barriers in the Rio Grande River to help block unlawful migration. In United States v. Abbott, the court ruled 11-7 in an en banc decision against the Biden Administration over the barrier. It is an interesting decision […]
Don’t Mess with Texas: Fifth Circuit Rules Against the Biden Administration in Buoy Dispute on Southern Border
The Minimum Wage, Rent Control, and Vacancies or Who Searches?
31 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, econometerics, economic history, economics of regulation, income redistribution, labour economics, labour supply, law and economics, minimum wage, politics - USA, property rights, Public Choice, regulation, rentseeking, unemployment, urban economics Tags: housing affordability, regressive left, rent control
In an interesting new paper Federal Reserve economists Marianna Kudlyak, Murat Tasci and Didem Tüzemen look at what happens to job vacancy postings when the minimum wage increases. The vacancy data in our analysis come from the job openings data from the Conference Board as a part of its Help Wanted OnLine (HWOL) data series. […]
The Minimum Wage, Rent Control, and Vacancies or Who Searches?
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