Celebrating humanity's flourishing through the spread of capitalism and the rule of law
07 Apr 2026 1 Comment
in applied price theory, Austrian economics, economics of information, economics of regulation, health economics, law and economics, politics - USA, property rights Tags: copyrights and patents, intellectual property
The U.S. Supreme Court agreed to hear Hikma v. Amarin to answer a narrow question. It may end up saying far more about how policymakers misunderstand pharmaceutical markets. On its face, the case is narrow. It asks whether a generic drug manufacturer can face liability for inducing patent infringement based on how it markets a…
The Fatal Conceit of Cheap Drugs
02 Apr 2026 Leave a comment
in discrimination, gender, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
There was an interesting decision from the Ohio Court of Appeals last week on parental rights and transgender identity. In…
Ohio Court Rejects View that Rejecting a Child’s Gender Change is Evidence of Parental Unfitness
01 Apr 2026 Leave a comment
in law and economics, politics - New Zealand, property rights
Guest Post By Ivan Barnett To all readers, I have put this document together in the hope that it may be useful to others who are facing similar issues in their own districts. I have researched the material carefully and done my best to present it clearly and accurately. I am a retired dry‑land farmer, […]
THE CORE LEGAL TRUTH: IWI HAVE NO REGULATORY AUTHORITY OVER PRIVATE LAND
25 Mar 2026 Leave a comment
in applied price theory, economics of regulation, human capital, labour economics, labour supply, law and economics, occupational choice, politics - New Zealand, property rights Tags: offsetting behavior, unintended consequences, employment law
Susan Hornsby-Geluk writes: Among the most controversial aspects of the recently enacted Employment Relations Amendment Act 2026 is the introduction of a high-income threshold for personal grievance claims. Under the new provisions, employees earning $200,000 or more in annual remuneration will lose the right to bring a personal grievance for unjustified dismissal, or an unjustified…
A worthwhile trade off
17 Mar 2026 Leave a comment
in applied price theory, economics of regulation, industrial organisation, law and economics, property rights Tags: competition law
Meta’s decision to limit third-party AI access to WhatsApp Business has quickly drawn antitrust scrutiny across multiple jurisdictions. The Common Market for Eastern and Southern Africa (COMESA) Competition and Consumer Commission (CCCC) is the latest authority to open an investigation. But before the case can answer whether Meta’s conduct harms competition, a more basic question…
COMESA, WhatsApp Business, and Antitrust in Search of a Theory
08 Mar 2026 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, entrepreneurship, labour economics, law and economics, managerial economics, organisational economics, personnel economics, property rights, Public Choice, theory of the firm, unemployment Tags: creative destruction, employment law, European Union, Germany
In our textbook, Modern Principles, Tyler and I write: Imagine how difficult it would be to get a date if every date required marriage? In the same way, it’s more difficult to find a job when every job requires a long-term commitment from the employer. In two new excellent pieces, Brian Albrecht and Pieter Garicano…
The Hidden Cost of Hard-to-Fire Labor Laws: Why European Firms Don’t Take Risks
07 Mar 2026 Leave a comment
in applied price theory, development economics, financial economics, growth disasters, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, property rights
When Milton Friedman pondered what would happen if a helicopter dropped $1,000 from the sky, he likely never imagined that one day a military cargo plane would scatter millions of dollars into one of Bolivia’s largest cities. But while the Nobel Prize-winning economist worried about the inflation that an influx of cash could generate, the impact in…
The actual helicopter drop?
01 Mar 2026 Leave a comment
in constitutional political economy, economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law, political correctness, racial discrimination, regressive left
I write this as a descendant of Henry Williams, who arrived here in 1823 as an ex Royal Navy officer and Head of the Church Missionary Society of New Zealand. He translated the Treaty of Waitangi into te reo Maori in 1840. The document he prepared with his eldest son Edward, on the evening of […]
The Treaty – Drowning in a sea of misinformation in 2026
15 Feb 2026 1 Comment
in politics - USA, law and economics, environmentalism, Public Choice, environmental economics, economics of regulation, property rights, global warming, economics of climate change, energy economics, economics of bureaucracy Tags: constitutional law
Some thoughts from my browser AI. My Question: What are the legal matters, such as major questions requiring congressional action, that favor ending EPA CO2 Endangerment Finding? Search Assistant Reply: The legal matters surrounding the repeal of the EPA’s CO2 Endangerment Finding involve the major questions doctrine, which suggests that significant regulatory authority should not […]
Why Rescinding the Endangerment Finding May Survive Lawfare
13 Feb 2026 1 Comment
in constitutional political economy, economic history, economics of crime, economics of religion, law and economics, liberalism, Marxist economics, property rights Tags: political correctness, free speech, regressive left
For centuries, atheists, Christians, and Jews have regarded one another as intellectual and cultural adversaries. Their disagreements are real and often profound. They disagree about the existence of God, the authority of scripture, the nature of morality, the meaning of history, and the destiny of humanity. These disputes have generated entire libraries of argument and […]
In support of a pragmatic alliance
12 Feb 2026 Leave a comment
in discrimination, economics of education, economics of regulation, gender, health economics, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: political correctness, regressive left, sex discrimination
I used to subscribe to the New York Review of Books, which, while sometimes a repository for boring academic cat-fights, often included engaging and illuminating articles—until fabled editor Bob Silvers died in 2017. Now, under the leadership of editor Emily Greenhouse, the magazine, always Left-leaning, seems to have become more progressive. The article by gender…
NYRB article attacks the biological definition of sex holding with definitions based on self-identification
10 Feb 2026 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
Imagine Parliament passes a Schools Act “to promote the establishment of schools for the benefit of New Zealand.” Parliament is careful. It specifies exactly what the Minister must consider before approving a new school: the operator’s financial capability, site safety, compliance history, and consultation with local iwi. There is no general discretion. There are no […]
The anatomy of usurpation: Climate Clinic Aotearoa v Minister of Energy and Resources
06 Feb 2026 Leave a comment
in constitutional political economy, law and economics, politics - New Zealand, property rights Tags: constitutional law
In last Waitangi Day’s NZ Herald column, I argued that New Zealand’s sovereignty was not created in a single moment in 1840 but built over generations through practical governance, with Māori and Pākehā participating together. This year’s column takes the next step: asking where that sovereign authority now resides – and what that means for how we […]
The Crown versus The People: Reclaiming New Zealand’s democratic story
01 Feb 2026 1 Comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought, labour economics, labour supply, law and economics, property rights Tags: age of empires, economics of colonialism, economics of slavery
29 Jan 2026 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, history of economic thought, income redistribution, law and economics, liberalism, libertarianism, Marxist economics, property rights, Public Choice, rentseeking Tags: age of empires, economics of colonialism
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
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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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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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
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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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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