Celebrating humanity's flourishing through the spread of capitalism and the rule of law
17 Mar 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, history of economic thought, income redistribution, law and economics, property rights, Public Choice, public economics, rentseeking, urban economics Tags: rent control, Sweden
Bet On It reader Vanja Månborg knows a lot about rent control in Sweden. If you think Sweden is a country of thoughtful technocrats where government intervention works well, reading his guest post may make you think again. Here’s Vanja:Sweden has had rent control regulations since 1917 with less than two decades of pause between…
100 Years of Rent Control in Sweden
16 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand, property rights Tags: regressive left
Bryce Edwards writes – Is another Green MP on their way out? And are the Greens severely tarnished by another integrity scandal? For the second time in three months, the Green Party has secretly suspended an MP over integrity issues. Mystery is surrounding the party’s decision to first suspend Darleen Tana from her small business […]
Further integrity problems for the Greens in suspending MP Darleen Tana
16 Mar 2024 Leave a comment
in economics of crime, law and economics, liberalism, Marxist economics Tags: free speech, political correctness, regressive left
We have previously discussed the unrelenting attacks by Canadian Prime Minister Justin Trudeau and his allies on free speech. There has been a steady criminalization of speech, including even jokes and religious speech, in Canada. Now, the Canadian parliament is moving toward a new change that would allow the imposition of life imprisonment on those […]
Oh Canada: The Parliament Moves to Impose Potential Life Imprisonment for Speech Crimes
16 Mar 2024 Leave a comment
in defence economics, economic history, economics of bureaucracy, income redistribution, law and economics, liberalism, Marxist economics, Public Choice, public economics, rentseeking, war and peace Tags: Russian revolution, World War I
15 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, law and order, media bias
What was that judge thinking? Peter Williams writes – That Golriz Ghahraman and District Court Judge Maria Pecotic were once lawyer colleagues is incontrovertible. There is published evidence that they took at least one case to the Court of Appeal together. There was a report on the case in Stuff in 2016 and another story about them […]
The Ghahraman Conflict
12 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming, law and economics, property rights Tags: noise pollution, wind power
Freedom from wind turbine noise nuisance isn’t a “concern”; it’s a hard-won legal “right” based on the lawful entitlement to sleep comfortably in your own home – a right (not a privilege) that’s been upheld against the mighty, rich and powerful for close to 200 hundred years. The grinding, thumping cacophony generated by giant industrial […]
Irish High Court Slams Wind Turbine Operator For Noise “Like Aeroplanes that Never Land”
12 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, econometerics, economic history, economics of bureaucracy, economics of education, economics of information, economics of regulation, experimental economics, growth disasters, growth miracles, history of economic thought, human capital, labour economics, labour supply, law and economics, managerial economics, market efficiency, Marxist economics, occupational choice, organisational economics, property rights, Public Choice, public economics Tags: The fatal conceit
Randomized Controlled Trials: Could you be any more scientific? The book I’m now writing, Unbeatable: The Brutally Honest Case for Free Markets, insists that the randomistas of the economics profession actually have a thinly-veiled political agenda. Namely: To get economists to humbly serve the demagogues that rule the world instead of bluntly challenging their unabated…
The RCT Agenda
12 Mar 2024 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth miracles, law and economics, transport economics, urban economics Tags: adverse selection, asymmetric information, British politics, electric cars, moral hazard
By Paul Homewood h/t Patsy Lacey Owners of some of the latest Chinese electric cars to enter Britain are facing expensive premiums and in some cases are ‘almost uninsurable’ for drivers. It comes after various reports of Range Rover owners struggling to find affordable cover for their vehicles, which is linked […]
Some Chinese electric cars are ‘almost uninsurable’ in Britain
11 Mar 2024 1 Comment
in applied price theory, economic history, economics of bureaucracy, economics of media and culture, income redistribution, industrial organisation, law and economics, market efficiency, movies, politics - New Zealand, property rights, Public Choice, public economics, rentseeking, survivor principle, theory of the firm, urban economics Tags: Wellington
Both Matt Nippert of the NZ Herald and Tom Hunt of The Post deserve a bouquet for their analyses of the truly remarkable deal between the Wellington City Council (WCC) and the troubled American Cinema company Reading. For this who don’t know, Reading owns a large (more than 14, 000 square metres or 1.4 hectares) […]
Reading deal – rare media bouquet
11 Mar 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Special Counsel David Weiss has filed a blistering opposition to the motion to dismiss by Hunter Biden in California that cites his own book and conflicting statements as creating “nothing more than a house of cards.” The filing (below) shows how Hunter’s claims (repeated by many in the media) collapse under even cursory review in […]
“Patently False”: Special Counsel Files Blistering Reply to Hunter Biden Motion to Dismiss
10 Mar 2024 Leave a comment
in economics of crime, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: Age of Enlightenment, free speech, political correctness, regressive left
It took just three days. After drag performer RuPaul announced the creation of a “no censorship” Allstora bookstore, censorship was back with a vengeance after many on the left learned that free speech meant that opposing views might be sold at the site. While the sentiment was appealing, it became intolerable when activists noted that […]
“Banning Books is Never the Answer”: RuPaul’s “No Censorship” Bookstore Lasted Just Three Days
10 Mar 2024 Leave a comment
in comparative institutional analysis, discrimination, economic history, economics of crime, economics of education, economics of love and marriage, gender, income redistribution, labour economics, law and economics, liberalism, Marxist economics, politics - USA, Public Choice Tags: 2024 presidential election, free speech, political correctness, regressive left
In the last few years, especially after I started writing for this blog, I got more than a few comments about the need for bi-partisanship, not hating out ideological, let alone political opponents. What was notable about this was that they all came from the Right of the political spectrum. The Left seem quite happy […]
Not Bridgeable
10 Mar 2024 Leave a comment
in discrimination, economics of love and marriage, gender, human capital, labour economics, labour supply, law and economics Tags: Ireland
Ireland’s effort to remove old-fashioned family values from its constitution suffered a double defeat Saturday as voters rejected the amendments on offer as maddeningly vague and threatening to property rights… In final results announced Saturday night, the amendment to change the constitutional definition of family was rejected by 67.7 percent of voters. The proposed changes […]
The Irish reject a “Woke” constitutional change
09 Mar 2024 Leave a comment
in applied price theory, economics of bureaucracy, entrepreneurship, income redistribution, industrial organisation, law and economics, politics - USA, Public Choice, public economics, rentseeking, theory of the firm, transport economics, urban economics Tags: cartels, competition and monopoly, competition law
Over 20 years ago, some middling economists (cite) estimated that the Small Business Set-Aside program reduced Forest Service Timber prices by 15%. By limiting the potential pool of available bidders to only smaller lumber mills, you get less competition and worse prices. Now San Francisco is re-learning that lesson. In 2016, it refused to do…
Using procurement for political ends gives you worse prices.
08 Mar 2024 1 Comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of climate change, economics of crime, energy economics, environmental economics, environmentalism, global warming, growth miracles, law and economics, liberalism, macroeconomics, Marxist economics, property rights Tags: climate alarmism, free speech, regressive left, The Great Enrichment
J. Scott Turner explains how the roots of environmental stewardship were poisoned, resulting in the perverted modern decarbonization movement. His Spectator Australia article is Environmentalism: from concern about clean air to throwing soup at the Mona Lisa. Excerpts in italics with my bolds and added images. H/T John Ray Garrett Hardin was a professor of biology […]
Environmentalism Perverted by Climatism
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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