Celebrating humanity's flourishing through the spread of capitalism and the rule of law
08 Oct 2025 Leave a comment
in applied price theory, labour economics, labour supply, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
There are several visual ways of helping people understand how fiscal policy (and especially marginal tax rates) can change behavior. The philoso-raptor meme. The questioning worker. Supply-and-demand curves. The Wizard-of-Id parody. To augment these examples, I’ve started a series that is based on real-world examples. Part I of the series highlighted how the capital gains […]
Part II: Yes, Taxes Change Behavior
08 Oct 2025 Leave a comment
in applied price theory, economics of education, human capital, labour economics, labour supply, politics - New Zealand, poverty and inequality
This week, my ECONS102 class covered inequality, and social security. Which is timely, because I have been meaning to blog about this Treasury Analytical Note from 2024, by Tod Wright and Hien Nguyen, for some time. Wright and Nguyen look at the distributional impact of taxes, transfers, and government spending (on healthcare and education).Importantly, they distinguish…
The impact of taxes and transfers on inequality in New Zealand
07 Oct 2025 Leave a comment
in economics of bureaucracy, economics of crime, health and safety, health economics, labour economics, law and economics, Public Choice Tags: British constitutional law, British politics, Internet
The Public Office (Accountability) Bill was introduced into the House of Commons on 16 September 2025. It gives effect to the Labour Party’s 2024 Manifesto commitment to introduce a ‘Hillsborough Law’ which will ‘place a legal duty of candour on public servants and authorities and provide legal aid for victims of disasters or state-related deaths’. As the Government’s ‘Duty of […]
Cassandra Somers-Joce: A New Chapter for Governmental Candour? The Public Office (Accountability) Bill
05 Oct 2025 Leave a comment
in discrimination, gender, politics - USA, television, TV shows
Bill Maher is on a winning streak with his 7-8-minute politics and comedy bits on his “Real Time” show. Here’s the one from yesterday, called “New Rule: Long Division”: This one’s about gender (he means “sex”), with Maher saying “Until the Democrats come to grips with that, they’ve not going to have much success winning […]
Bill Maher’s New Rules
04 Oct 2025 Leave a comment
in applied price theory, comparative institutional analysis, economic growth, economic history, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Public Choice Tags: The Great Enrichment
03 Oct 2025 Leave a comment
in discrimination, economics of education, gender, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
Dr. Hooven (“Carole” to me) has a new piece in Tablet (click headline below to read for free) explaining why all sensible biologists see sex as a binary defined by two (and only two) types of gametes. Perhaps you’ll already be familiar with some of her arguments in the article below (click to read), as […]
Carole Hooven in Tablet on binary sex
02 Oct 2025 Leave a comment
in development economics, economic history, growth miracles, labour economics, labour supply, population economics Tags: ageing society, China, population bust
29 Sep 2025 Leave a comment
in discrimination, economics of crime, economics of education, gender, law and economics, liberalism, Marxist economics, property rights Tags: free speech, political correctness, regressive left, sex discrimination
I have to say this about Richard: he is fearless. Of course he’s in a position to say what he wants and not lose much, though he is sensitive to erosion of his reputation, but that won’t stop him from speaking out. And one thing he will not apologize for is the claim shown in […]
Richard Dawkins stirs up things again in the Torygraph
29 Sep 2025 1 Comment
in health and safety, International law, labour economics, law and economics Tags: British constitutional law, British politics, economics of immigration
On 26 August 2025 Nigel Farage (Leader of Reform UK) and Zia Yusuf (now Head of Policy at Reform UK) unveiled their plan titled, ‘Operation Restoring Justice’. Key points from the plan were also reiterated at the Next Step Conference on 05 September 2025. Reform UK address the topic of immigration in their plan, adding […]
Richard Brant and Lauren Butler: Reform UK’s Plans for “Getting Tough on Illegal Immigration”: From Legal Reset to Sunset
29 Sep 2025 1 Comment
in discrimination, economics of education, gender, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: free speech, political correctness, regressive left, sex discrimination
Evolutionary biologist Richard Dawkins is standing up for science against trans ideology: The slogan “trans women are women” is scientifically false and harms the rights of women, Richard Dawkins has said. In a new book, the evolutionary biologist warns that scientific truth must prevail over “personal feelings” and argues that academic institutions must defend facts above emotion. […]
“Scientific truth must prevail”
28 Sep 2025 Leave a comment
in discrimination, politics - New Zealand Tags: Israel, political correctness, racial discrimination
Karin Horen is standing for the Takapuna Local Board. As you can see she was on the “A fresh approach” ticket. But they have dropped her suddenly. Why? Because Karin is Jewish. She was born in Israel and like all Israeli citizens served in her youth in the IDF, over 30 years ago. She has […]
Local body ticket drops Jewish candidate due to threats
26 Sep 2025 Leave a comment
in applied price theory, economic growth, entrepreneurship, fiscal policy, human capital, labour economics, labour supply, macroeconomics, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
From a big-picture economic perspective, I worry most about the damage of high tax burdens on innovation, entrepreneurship, and investment. Those are things that generate enormous benefits for society, yet also things that are very sensitive to bad tax policy (specifically high marginal tax rates and the tax code’s bias against saving and investment). Sadly, […]
Part I: Yes, Taxes Change Behavior
25 Sep 2025 1 Comment
in applied price theory, human capital, income redistribution, labour economics, labour supply, occupational choice, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
The super-rich are super-mobile. So, if a country decides to increase taxes on the super-rich (for example, with a wealth tax), some (but not all) of the super-rich will simply move elsewhere. This should not be a surprise to anyone. And yet, simplistic proposals to tax the super-rich are a favourite policy for some political…
Newsflash! The super-rich are mobile, and higher taxes incentivise them to move away
24 Sep 2025 1 Comment
in applied price theory, econometerics, economic growth, economic history, entrepreneurship, human capital, international economics, labour economics, labour supply, macroeconomics, politics - USA Tags: economics of immigration
From 1990 to 2010, rising numbers of H-1B holders caused 30–50 percent of all productivity growth in the US economy. This means that the jobs and wages of most Americans depend in some measure on these workers. The specialized workers who enter on this visa fuel high-tech, high-growth sectors of the 21st century economy with skills like computer […]
Michael Clemens on H1-B visas
24 Sep 2025 Leave a comment
in economics of education, human capital, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics
In the halcyon days of 2015-19, openings on the economics job market hovered at around 1900 per year. In 2020, Covid was a major shock, but the market bounced back quickly in 2021 and 2022. Since then, though, the market has clearly been in a funk. 2023, my job market year, saw a sudden dip […]
The evolution of the economics job market
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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