My ECONS101 lecture today covered price controls, and as examples we discussed the minimum wage (as an example of a price floor) and rent control (as an example of a price ceiling). 611 more words
Rent control according to Seinfeld
Rent control according to Seinfeld
18 Oct 2026 Leave a comment
in applied price theory, economics of regulation, history of economic thought, income redistribution, law and economics, property rights, Public Choice, rentseeking, urban economics Tags: rent control
Is Lichtenstein an actual monarchy?
17 Oct 2026 Leave a comment
in constitutional political economy, law and economics
It seems so: Internal documents reviewed by the FT show that three days earlier, behind the walls of Vaduz Castle, Europe’s wealthiest ruling dynasty had quietly approved an overhaul that strengthens the authority of a prince who already wields extraordinary power over his 42,000 citizens, while reducing some of the rights and checks exercised by…
Is Lichtenstein an actual monarchy?
Gangs are organised crime, not a community group
16 Oct 2026 1 Comment
in economics of crime, law and economics, Marxist economics, politics - New Zealand Tags: 2026 general election
The Herald reports: Green Party co-leader Chlöe Swarbrick won’t say if she would have advised her MP Hūhana Lyndon against meeting with members of the Mongrel Mob. After being asked the question twice, Swarbrick said she needed to “understand more of the context as to what has played out here”, although she earlier said having…
Gangs are organised crime, not a community group
Book review: The Narrow Corridor
16 Oct 2026 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, growth disasters, growth miracles, history of economic thought, law and economics, property rights, Public Choice, rentseeking
My last book review was of Daron Acemoglu and James Robinson’s 2012 book Why Nations Fail. It’s taken me a while (with many interruptions), but I recently finished reading their 2019 book… 731 more words
Book review: The Narrow Corridor
Climate Lawsuits Fail Constitutional and Scientific Review
15 Oct 2026 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights Tags: nuisance suits
Whatever one thinks of the climate issue, its questions need to be answered according to the disciplined rationale of both the U.S. Constitution and scientific inquiry. The post Climate Lawsuits Fail Constitutional and Scientific Review appeared first on Watts Up With That?.
Climate Lawsuits Fail Constitutional and Scientific Review
Predictable
15 Oct 2026 Leave a comment
in defence economics, economics of crime, Economics of international refugee law, International law, labour economics, labour supply, law and economics, laws of war, war and peace Tags: British politics, Gaza Strip, Middle-East politics, war against terror
LBC reports: An investigation has revealed that a man known only as ‘Mr X’ worked as a personal bodyguard for Ismail Haniyeh, who was Hamas’ leader in Gaza between 2007 and 2017. He then successfully applied for asylum and eventually indefinite leave to remain in the UK, and was able to plot an antisemitic attack…
Predictable
Marijuana Contracts Are Not Enforceable in Federal Court
14 Oct 2026 Leave a comment
in politics - USA, law and economics, economics of regulation, property rights, health economics, economics of crime Tags: Marijuana decriminalization. economics of prohibition
Just because marijuana is legal under state law does not mean marijuana is legal — a useful reminder.
Marijuana Contracts Are Not Enforceable in Federal Court
Canada’s First Nations Are Using Their Land To Build Dense Housing
13 Oct 2026 1 Comment
in comparative institutional analysis, constitutional political economy, development economics, economics of bureaucracy, economics of regulation, environmental economics, law and economics, property rights, Public Choice, transport economics, urban economics Tags: Canada
Exempt from Vancouver’s building restrictions, Squamish Nation is constructing a 6,000-unit residential high-rise.
Canada’s First Nations Are Using Their Land To Build Dense Housing
Immigration Policy and the Two Types of Errors
12 Oct 2026 Leave a comment
in human capital, labour economics, labour supply, law and economics, politics - USA Tags: economics of immigration
When screening applicants, there are two ways to make a mistake. A Type I error occurs when someone who should be rejected is admitted. A Type II error occurs when someone who should be admitted is rejected. Immigration policy faces this tradeoff. Tightening screening and admission requirements may reduce the first type of error, but…
Immigration Policy and the Two Types of Errors
My Review of Ted Cruz’s Biography of Justice Thomas
11 Oct 2026 Leave a comment
in law and economics, politics - USA
“Senator Ted Cruz’s new biography about Justice Clarence Thomas, Going Further, is a must-read contribution to this third genre of Supreme Court books.”
My Review of Ted Cruz’s Biography of Justice Thomas
Nobel Peace prize goes to Navi Pillay, promoter of the Israeli genocide blood libel
10 Oct 2026 1 Comment
in defence economics, economics of crime, law and economics, politics - USA, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, war against terror
Well, the only thing that consoles me about this year’s grotesque award of the Nobel Peace Prize to Navi Pillay is that the same Prize was awarded to Henry Kissinger and Yasser Arafat. But in some ways this Prize is even worse, for Pillay got it for ““for her efforts to promote peace and international…
Nobel Peace prize goes to Navi Pillay, promoter of the Israeli genocide blood libel
Another, very significant, example of why Māori privilege is a myth.
10 Oct 2026 Leave a comment
in discrimination, gender, health economics, law and economics, politics - USA Tags: economics of mental illness
My ears pricked up a week back when ZB reported on recently released 2025/2026 suicide stats. Like many NZers, people taking their own lives has had an impact on me. My birth father took his own life when I was sixteen and close to meeting him for the first time. I have also been in…
Another, very significant, example of why Māori privilege is a myth.
Mamdani Promised To Freeze the Rent. Now His Rent Freeze Is in Court.
04 Oct 2026 1 Comment
in applied price theory, economics of regulation, income redistribution, law and economics, Marxist economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: New York City, rent control
A lawsuit alleges New York City’s Rent Guidelines Board broke the law by arbitrarily predetermining the outcome.
Mamdani Promised To Freeze the Rent. Now His Rent Freeze Is in Court.
So sad for the woman
04 Oct 2026 Leave a comment
in discrimination, economics of crime, gender, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
The Herald reports: A protection order was supposed to keep a woman safe. Instead, a judge said it proved “no better than a piece of soiled toilet paper” as her partner hunted her down, beat her, threatened her life and raped her during a sustained attack that left her fearing she would die. Now the…
So sad for the woman
Rainbow requirements and Treaty obligations: the HR issues that impede productivity but enhance diversity
03 Oct 2026 Leave a comment
in discrimination, economics of regulation, gender, human capital, labour economics, labour supply, law and economics, poverty and inequality, property rights Tags: employment law
Bob Edlin writes – PoO noted a Newsroom report headed Major export and construction firms warn against legal definition of women. The report draws attention to objections raised to the Legislation (Definitions of Woman and Man) Amendment Bill, which aims to amend the Legislation Act to define “woman” as “an adult human biological female” and […]
Rainbow requirements and Treaty obligations: the HR issues that impede productivity but enhance diversity
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