Celebrating humanity's flourishing through the spread of capitalism and the rule of law
06 Dec 2023 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, unemployment Tags: monetary policy
It doesn’t seem to have been the best week for the Reserve Bank since the release of the latest Monetary Policy Statement last Wednesday. Of course, one could make a pretty compelling case that in the Orr years few weeks have been, and especially not any weeks when Bank figures actually say or do anything. […]
Really?
06 Dec 2023 1 Comment
in discrimination, economic history, economics of education, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, constitutional law, free speech, political correctness, regressive left
Many of the comments about the Coalition’s determination to wind back the dramatic Maorification of New Zealand of the last three years would have you believe the new government is engaged in a full-scale attack on Maori. In reality, all that is really happening is that ministers are stopping the crusade waged by the Ardern/Hipkins…
MICHAEL BASSETT: MODERN MAORI MYTHS
04 Dec 2023 Leave a comment
in development economics, growth miracles, labour economics, public economics, urban economics Tags: ageing society, economics of fertility, population bomb, South Korea
Much of Seoul is a sea of high-rises. And not just Seoul: Busan and other cities in South Korea have lots of high rises. More than half of all South Korean households live in high rises, and well over 60 percent live in some kind of multifamily housing. Seoul: High … Continue reading →
How to Kill a Country
04 Dec 2023 Leave a comment
in discrimination, economics of crime, economics of education, law and economics, liberalism, Marxist economics, politics - USA Tags: political correctness, racial discrimination, regressive left, The Holocaust
You can read Chuck Schumer’s recent op-ed in the NYT, “What American Jews fear most,“, or you can watch his 40-minute speech on the topic given in the Senate (video below). I recommend listening to the speech, of which the op-ed is a short distillation. Alternatively, read the transcript, which you can find here. Schumer […]
Chuck Schumer delivers Senate speech on antisemitism
01 Dec 2023 Leave a comment
in comparative institutional analysis, constitutional political economy, discrimination, economic history, economics of crime, gender, history of economic thought, law and economics, liberalism, Marxist economics, politics - New Zealand, politics - USA, property rights, Public Choice Tags: Age of Enlightenment, free speech, political correctness, regressive left
01 Dec 2023 Leave a comment
in econometerics, economic growth, economic history, labour economics, labour supply, macroeconomics, occupational choice
The per capita GDP for the combined 27 countries of the European Union (EU-27) is about 72% of the US level. On the other side, the average worker in EU countries puts in far fewer hours on the job than do American workers. For example, OECD data says that the average US worker put in…
Comparing EU-to-US Output Per Hour
30 Nov 2023 Leave a comment
in applied price theory, econometerics, economic history, human capital, labour economics, labour supply, minimum wage, unemployment
24 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming, health and safety, labour economics
The transition to electric vehicles is hardly going to plan: sales have collapsed in the US, EV manufacturers are bleeding cash and insurers are cranking up premiums to account for an uptick in the number of unscheduled battery blowups – aka ‘thermal runaways’. The vehicle doesn’t go anywhere, it simply self-immolates in a plume of […]
Unscheduled Battery Blowups Turning Electric Vehicles Into Mobile Time Bombs
24 Nov 2023 Leave a comment
in labour economics, labour supply, occupational choice, public economics
Tax rates matter for work incentives. When tax rates are high, there is less incentive for people to work. They may pass up additional work and choose leisure time instead. However, it isn’t just taxes that matter. It is the loss of other entitlements as well. All of these are bound up in what is…
Effective marginal tax rates, and work incentives for older people
23 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, discrimination, econometerics, economic history, economics of education, economics of information, gender, health and safety, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap, sex discrimination
23 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, discrimination, economic history, economics of education, gender, health and safety, human capital, labour economics, labour supply, liberalism, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
Several good friends warned me not to publish Don’t Be a Feminist. I appreciate their concern, but I’m glad I kept my own counsel. Here’s my interview with Chris Williamson on the book and beyond. Apparently he’s kind of a big deal…
My Chris Williamson Interview
19 Nov 2023 Leave a comment
in income redistribution, labour economics, poverty and inequality, Public Choice, public economics Tags: Sweden
During our Capitalism versus Socialism debate, Scott Sehon argued that Scandinavia really is quite socialist. Since I’m not on expect on Scandinavia, I asked Johan Norberg, author of the short book The Mirage of Swedish Socialism, as well as the recent The Capitalist Manifesto, to weigh in. Norberg kindly agreed. With great interest I have…
How Socialist is Sweden?
18 Nov 2023 Leave a comment
in budget deficits, business cycles, economic growth, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, monetary economics, unemployment
TweetWant to get a few hours’ worth of solid learning in less than 35 enjoyable minutes? Listen to my Mercatus Center colleague David Beckworth’s podcast (from October 2022) with George Selgin on the New Deal. Seriously. It will be 34-plus minutes very well spent. George’s book – False Dawn – is forthcoming from the University…
George Selgin on the New Deal and Recovery (and Relief and Reform)
18 Nov 2023 Leave a comment
in economic history, entrepreneurship, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: top 1%
That is the topic of my latest Bloomberg column. The opener is this: Can a single self-published paper really refute decades of work by three famous economists? If the paper is the modestly titled “Income Inequality in the United States: Using Tax Data to Measure Long-Term Trends,” then the answer — with qualifications — is yes. And…
America’s top one percent has not been seeing a rising income share
18 Nov 2023 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: affirmative action, sex discrimination
This gem of a story is about how one Aussie university went to the logical endpoint of the diversity-trumps-merit controversy: Queensland University of Technology in Brisbane is apparently about to hire solely on the basis of diversity, and has erased any mention of the word “merit” in its hiring policy. This of course is ridiculous, […]
Queensland University of Technology completely ditches merit-based hiring, favoring gender, “looks”, and personality
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
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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
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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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
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The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
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
Utopia, you are standing in it! 
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