Celebrating humanity's flourishing through the spread of capitalism and the rule of law
02 Nov 2024 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, liberalism, Marxist economics, politics - USA, Rawls and Nozick, war and peace Tags: 2024 presidential election, free speech, Gaza Strip, Middle-East politics, regressive left, useful idiots, war against terror
Well, I’ll be. The group of interns at the left-wing The Nation have objected to the magazine’s recent endorsement of Kamala Harris and published their gripes. Now why would that happen? We all know that many editors and reporters at the Washington Post objected to the paper’s failure to endorse Kamala Harris, but this kind of […]
The Nation endorses Kamala Harris, but its interns object: “We cannot vote our way out of this genocide”
02 Nov 2024 Leave a comment
in law and economics, politics - New Zealand, property rights
Imagine trying to take instructions from a deceased client, or entering into a contract with your great-great-grandparents. According to our Supreme Court’s latest decision, these absurdities might not be far-fetched. In a ruling that defies both common sense and centuries of legal principle, the Supreme Court has just held that deceased tribal ancestors can satisfy…
ROGER PARTRIDGE: Can the Dead Own Property? Our Supreme Court Just Said Yes in Nikora v Kruger
01 Nov 2024 Leave a comment
in industrial organisation, law and economics, liberalism, Marxist economics, politics - USA, property rights, survivor principle Tags: 2024 presidential election, free speech, Freedom of the press, political correctness, regressive left
Jeff Bezos writes: In the annual public surveys about trust and reputation, journalists and the media have regularly fallen near the very bottom, often just above Congress. But in this year’s Gallup poll, we have managed to fall below Congress. Our profession is now the least trusted of all. Something we are doing is clearly not […]
Bezos on endorsements
01 Nov 2024 Leave a comment
in defence economics, economics of crime, law and economics Tags: Iran, Middle-East politics, war against terror
(On 30 April 1980 six gunmen took over the Iranian embassy in Kensington. The siege ended when the SAS stormed the building.) If one thinks about events that took place in 1980 two hostage situations should come to mind. The first and more prominent was the seizure of the American Embassy in Tehran by Islamic […]
THE SIEGE: A SIX DAY HOSTAGE CRISIS AND THE DARING SPECIAL FORCES OPERATION THAT SHOCKED THE WORLD by Ben Macintyre
31 Oct 2024 Leave a comment
in law and economics, politics - New Zealand, property rights Tags: constitutional law
Not so long ago, the Labour Party’s Deputy PM Sir Michael Cullen stated in no uncertain terms in Parliament that sovereignty was ceded in the Treaty of Waitangi. According to his Labour Party, “The power of the NZ Parliament to change the law is central to the exercise of sovereignty and therefore the contemporary exercise…
Maybe NZ’s Minister of Justice is Right. When Parliament Can’t Make Laws, the people have no choice but to take the Law into their Own Hands.
31 Oct 2024 Leave a comment
in applied price theory, economics of information, environmental economics, law and economics, property rights, Ronald Coase
Here’s the latest video from Marginal Revolution University. It covers negative externalities–drawing, of course, from the most innovative and interesting principles of economics textbook, Modern Principles of Economics. MRU videos are free for anyone’s use anytime, anywhere and don’t forget there are also two new econ-practice games on negative externalities and positive externalities and a fun choose […]
New MRU Video! Negative Externalities
30 Oct 2024 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, econometerics, economic growth, economic history, economics of bureaucracy, economics of regulation, energy economics, entrepreneurship, environmental economics, financial economics, fiscal policy, global warming, health economics, income redistribution, industrial organisation, law and economics, macroeconomics, monetary economics, politics - USA, property rights, Public Choice, public economics, rentseeking Tags: 2024 presidential election, drug lags, taxation and entrepreneurship, taxation and investment
Milton Friedman used to advise researchers to focus on large policy changes rather than attempting to separate a small change’s signal from the noise. In this sense, the “ambitious” policy agenda of the Biden-Harris administration was expected to be a gift to the research community. Accepting this gift, since 2020 I have been making forecasts…
Biden-Harris policies and their consequences were no surprise to those paying attention
29 Oct 2024 Leave a comment
in discrimination, gender, law and economics, politics - USA Tags: 2024 presidential election, free speech, political correctness, regressive left
We must not publish a study that says we’re harming children because people who say we’re harming children will use the study as evidence that we’re harming children, which might make it difficult for us to continue harming children. I did not think that would be the case because it’s a Culture War issue and […]
Trans is Now An Issue in the US Election
28 Oct 2024 Leave a comment
in development economics, economics of crime, economics of regulation, growth disasters, law and economics, politics - USA, property rights Tags: Mexico
This month, there is a new case on the docket after the Supreme Court granted certiorari in Smith & Wesson Brands v. Estados Unidos Mexicanos. The First Circuit reversed a trial court that dismissed the case, alleging that the American firearms industry is legally responsible for violence in Mexico. I believe the First Circuit is […]
Over the Border: Gun and Torts Liability to Collide in Mexican Case Before the Supreme Court
28 Oct 2024 Leave a comment
in economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, law and economics, property rights, Public Choice Tags: celebrity technologies, solar power, wind power
Environmentalists insist that they love the “little guys” — until they get in their way, ask inconvenient questions or try to block renewable energy projects intended to save the planet from “human-caused climate cataclysms.”
Rural and coastal residents delay, block green energy projects
27 Oct 2024 Leave a comment
in defence economics, discrimination, gender, law and economics, politics - USA, property rights, war and peace Tags: Age of Enlightenment, free speech, Gaza Strip, Iran, Israel, Middle-East politics, political correctness, regressive left, sex discrimination, war against terror
I’ve been busy at the CSICon conference, which included giving my own 30-minute presentation this morning. I had to modify it to take into account the misguided views of Steve Novella, who gave a talk yesterday about “When Skeptics Disagree.” It turned out to be largely a diatribe about how sex in humans is not […]
Vegas, CSICon, sex and nooz
25 Oct 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
Nicole McKee announced: The Government is listening to New Zealanders and Cabinet has agreed to recommend modifications to the Sentencing (Reinstating Three Strikes) Amendment Bill, Associate Justice Minister Nicole McKee says. I’m glad they took on board that the bill as introduced was so watered down from the old law, that it would not be…
Three Strikes law slightly improved but still unlikely to be an effective deterrent
24 Oct 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
The Herald reports: Te Pāti Māori claims a police operation targeting Mongrel Mob members and associates alleged to be involved in a drug distribution network was “terrorism” and motivated by a “racist agenda”. It is amazing that a political party defends drug dealing gangs, and hates the Police so much they call them terrorists. TPM say they are…
Te Pati Maori back the drug dealers vs the Police
23 Oct 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of crime, energy economics, growth miracles, income redistribution, labour economics, labour supply, law and economics, liberalism, libertarianism, property rights, Public Choice Tags: Dubai, economics of immigration
On my way to India, I connected through Abu Dhabi, capital city of the United Arab Emirates (UAE). During my one-day layover, I toured not only Abu Dhabi, but its more famous sister-city, Dubai. Here are my main thoughts.In Dubai, these are not empty words.Per-capita, UAE is the most amazing country I’ve ever seen. With…
Reflections on United Arab Emirates
21 Oct 2024 Leave a comment
in constitutional political economy, economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law
Sir Apirana Ngata is on our $50 note. He was a lawyer and then was the MP for Eastern Maori for almost 40 years. He was Minister of Native Affairs for six years.He made huge contributions to Maori land reform, language and culture. He also wrote a booklet in 1922 on the Treaty of Waitangi, […]
Sir Apirana Ngata on The Treaty
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