Here is his comment on the paper presented here: Summary: The U.S. tax system is highly progressive. Effective tax rates increase from 2% for the bottom quintile of income to 45% for the top hundredth of one percent. But rates may be lower among those with the highest wealth. This comment starts with the “top 400” […]
David Splinter on how much tax billionaires pay
David Splinter on how much tax billionaires pay
30 Aug 2025 Leave a comment
in applied price theory, econometerics, entrepreneurship, human capital, income redistribution, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
Slavery: A human crime, not a British one
30 Aug 2025 Leave a comment
in economic history, labour economics Tags: economics of slavery
Rewriting History: The truth about slavery and the British Empire Ani O’Brien writes – You’d think from the way some people talk that the British Empire invented slavery, ran it single-handedly, and then quietly slunk away in shame. That’s the cartoon version of history pushed by activists who want every discussion of colonisation to be […]
Slavery: A human crime, not a British one
The smallest gender pay gap in history
28 Aug 2025 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality Tags: gender wage gap, sex discrimination
Stats NZ reports: The gender pay gap was 5.2 percent in the June 2025 quarter, down from 8.2 percent in the June 2024 quarter, according to figures released by Stats NZ today. “The June 2025 quarter gender pay gap of 5.2 percent is the lowest since the series began in 1998,” labour market spokesperson Abby […]
The smallest gender pay gap in history
The Most Important Election(s) of 2025
28 Aug 2025 Leave a comment
in applied price theory, Austrian economics, development economics, economic growth, economics of regulation, fiscal policy, growth disasters, labour economics, labour supply, law and economics, liberalism, libertarianism, macroeconomics, monetary economics, Public Choice, unemployment Tags: Argentina
Javier Milei has generated amazingly good results in just 20 months. But more reform is needed to undo the damage of 80 years of Peronism, which is why I explain that Argentina’s mid-term elections will be very important. Milei wants to turn Argentina into the world’s freest economy. That won’t be possible so long as […]
The Most Important Election(s) of 2025
World War II Liberty Ships and the Law of Increasing Opportunity Cost
27 Aug 2025 1 Comment
in applied price theory, defence economics, economic history, entrepreneurship, industrial organisation, labour economics, labour supply, occupational choice, war and peace Tags: World War II
See ‘Launching Liberty’ Review: Shipyard Victory The U.S. quickly constructed a fleet of vessels to carry vital war supplies across the oceans. Did the rush to build so fast affect quality? by Marc Levinson. He reviewed the book Launching Liberty: The Epic Race to Build the Ships That Took America to War by Doug Most.The Liberty…
World War II Liberty Ships and the Law of Increasing Opportunity Cost
The greyhound racing ban
27 Aug 2025 Leave a comment
in economics of regulation, labour economics, labour supply, law and economics, politics - New Zealand, property rights, Public Choice Tags: animal rights, Animal welfare
Winston Peters announced: Cabinet has formally agreed this week to the closure of the greyhound racing industry in New Zealand. A bill will be drafted to bring this decision into law. The move follows last December’s announcement of the Government’s in-principle decision to end greyhound racing as of 31 July 2026. The decision was made […]
The greyhound racing ban
Why is Europe Falling Behind?
23 Aug 2025 Leave a comment
in applied price theory, economic growth, labour economics, labour supply, macroeconomics Tags: European Union
WSJ: Europe is Losing Europeans live longer, have more leisure time and less income inequality, and often live in stunning cities and towns built over the centuries. But increasingly, Americans enjoy a higher standard of living. They have over 50% more living space on average per person. More than four in five Americans have air…
Why is Europe Falling Behind?
Scientific American reverts to unscientific wokeness
21 Aug 2025 1 Comment
in discrimination, economics of education, gender, liberalism, Marxist economics Tags: Age of Enlightenment, free speech, political correctness, regressive left, sex discrimination
Well, Laura Helmuth may no longer be at the helm of Scientific American, but the magazine seems to have again again dipped its toes into the waters of unscientific ideology. To wit: they’re posted a 14-minute podcast emphasizing that nature—and that includes humans—is “non-binary”. The problem is that, as usual, they get what is binary […]
Scientific American reverts to unscientific wokeness
Why I disagree with Helen Clark
20 Aug 2025 1 Comment
in economics of education, labour economics, labour supply, liberalism, Marxist economics, politics - New Zealand, poverty and inequality, Public Choice, welfare reform Tags: child poverty, family poverty
According to the NZ Herald this morning: “Former Prime Minister Helen Clark has described the departure of former Prime Minister Jacinda Ardern from politics as “devastating for women around the world”.” Not this one. But then very little devastates me beyond the loss of a loved person or pet. Or dwelling on the suffering of…
Why I disagree with Helen Clark
The Greens’ weekend gift to the government
19 Aug 2025 Leave a comment
in economic growth, entrepreneurship, fiscal policy, income redistribution, labour economics, labour supply, macroeconomics, Marxist economics, politics - New Zealand, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, wealth tax
Roger Partridge writes – The Greens’ coronation of Chlöe Swarbrick at last weekend’s AGM delivered a manifesto for economic transformation that would make Soviet economists nostalgic for their glory days.
The Greens’ weekend gift to the government
No Pierogi For You: Dershowitz Denied Food in Martha’s Vineyard Over His Political Views
18 Aug 2025 Leave a comment
in discrimination, law and economics, politics - USA, property rights Tags: free speech, political correctness, racial discrimination, regressive left, religious discrimination
Harvard Professor Alan Dershowitz appears to be living through a remake of the Seinfeld Soup Nazi episode. However, Dershowitz is facing a new culinary menace in Martha’s Vineyard. Chef Krem Miskevich has barred the famed lawyer from buying pierogis because of his political views . . . and liberals are applauding him for it. Welcome to Pierogi […]
No Pierogi For You: Dershowitz Denied Food in Martha’s Vineyard Over His Political Views
Milei’s Achievements…and Challenges
17 Aug 2025 1 Comment
in development economics, economic growth, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics, property rights, Public Choice, public economics, rentseeking, unemployment Tags: Argentina
I’m back in Argentina, the South American country with the world’s best leader. What Javier Milei has accomplished is amazing. And the economic effects have been wonderful. One of my meetings earlier this week was with Marcelo Elizondo, the head of the International Chamber of Commerce for Argentina. He shared a presentation with me that […]
Milei’s Achievements…and Challenges
Dude, Whatever Happened to Difference Feminism?
17 Aug 2025 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice Tags: gender gap, sex discrimination
Time to Revive an Out of Fashion Idea
Dude, Whatever Happened to Difference Feminism?
Lawrence Krauss interviews Carole Hooven
17 Aug 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
This is one of the twenty-odd interviews that Lawrence Krauss conducted to support the new book he edited, The War on Science, comprising essays about the pollution of academia by ideology. (Nearly all of us indict ideology from the Left, though many of us, including me, admit that the Right is currently a bigger threat to […]
Lawrence Krauss interviews Carole Hooven
A median voter theory of right-wing populism
16 Aug 2025 1 Comment
in labour economics, labour supply, Public Choice Tags: voter demographics
From a recent paper: Populists are often defined as those who claim that they fill “political representation gaps” -differences between the policymaking by established parties and the “popular will.” Research has largely neglected to what extent this claim is correct. I study descriptively whether representation gaps exist and their relationship with populism. To this end, I analyze […]
A median voter theory of right-wing populism
Utopia, you are standing in it! 
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