An excellent EconTalk episode with Pete Boettke on the socialist calculation debate. I like Boettke on the three Ps. The three Ps–property, prices, and profits and loss. Property incentivizes us. Prices guide us. Profits lure us to new changes and losses discipline us. Today, “incentives matter” is often considered the first lesson of economics. But […]
Boettke on the Socialist Calculation Debate
Boettke on the Socialist Calculation Debate
14 Mar 2025 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, economics of information, entrepreneurship, history of economic thought, industrial organisation, law and economics, property rights Tags: economics of planning
Walz Leads Effort to Block the “No Duty to Retreat” Rule in Acts of Self-Defense
13 Mar 2025 Leave a comment
in economics of crime, law and economics, politics - USA, property rights Tags: crime and punishment, law and order
Gov. Tim Walz has never appeared burdened by legal niceties or accuracy in pushing his agenda, including his anti-free speech policies. However, his recent effort to block an effort to enact a “no duty to retreat” rule for self-defense hit a new low. Walz completely misrepresented not only the underlying bill, HF 13, but ignored […]
Walz Leads Effort to Block the “No Duty to Retreat” Rule in Acts of Self-Defense
Inability to understand te reo Māori does not prevent people from asking questions about race relations in New Zealand
12 Mar 2025 Leave a comment
in discrimination, economic history, income redistribution, International law, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, constitutional law, free speech, political correctness, racial discrimination, regressive left
Ananish Chaudhuri writes – Dame Anne Salmond recently wrote a column on Newsroom berating people for having views on the Treaty of Waitangi when they cannot even read the Māori version of the treaty. So, what she is saying is that even when customs, laws or treaties impinge on your daily life, you cannot hold any views […]
Inability to understand te reo Māori does not prevent people from asking questions about race relations in New Zealand
SEC Climate Risk Rule is Entrapment
11 Mar 2025 Leave a comment
in economic history, economics of climate change, economics of regulation, environmental economics, environmentalism, financial economics, global warming, law and economics, politics - USA, property rights Tags: climate activists, efficient markets hypothesis
Stone Washington and William Happer explain the nefarious and ill-advised decree in their article SEC’s Climate Risk Disclosure Rule Would Compel Companies to Make Scientifically False and Misleading Disclosures. Excerpts in italics with my bolds and added images. In March last year, the Securities and Exchange Commission issued its climate risk disclosure rule, called “The […]
SEC Climate Risk Rule is Entrapment
The WaPo describes (and distorts) a big “culture war” in New Zealand
10 Mar 2025 Leave a comment
in defence economics, discrimination, economic history, law and economics, politics - New Zealand, property rights, Public Choice Tags: affirmative action, Age of Enlightenment, constitutional law, free speech, media bias, political correctness, racial discrimination, regressive left
ADDENDUM: See added comments and clarifications under “addendum” at bottom. ******************** I’ve written many times about the battle of the indigenous people in New Zealand (the Māori) to get their “way of knowing”—which includes a lot of superstition and unreliable word-of-mouth “knowledge,” as well as legends and morality—adopted as official policy or as a “way […]
The WaPo describes (and distorts) a big “culture war” in New Zealand
Bill Maher’s New Rule: Guilt by Civilization
09 Mar 2025 Leave a comment
in development economics, discrimination, economic history, economics of crime, economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand, politics - USA, property rights, television, TV shows Tags: Age of Enlightenment, free speech, political correctness, regressive left, The Great Enrichment
For some reason Bill Maher’s latest comedy/news video, “New Rules: Guilt by Civilization”, is age-restricted (it must be the photo of Bianca Censori in her see-through outfit) , but you can see it by clicking either here or on the “Watch on YouTube” line below. The beginning is great, as Maher claims that the Democrats […]
Bill Maher’s New Rule: Guilt by Civilization
Women’s rights vs men’s demands
09 Mar 2025 Leave a comment
in discrimination, economics of education, gender, law and economics, liberalism, Marxist economics, politics - Australia, property rights Tags: conjecture and refutation, free speech, philosophy of science, political correctness, regressive left, sex discrimination
It’s still International Women’s Day in some parts of the world. There are still people who believe their feelings about their gender can trump biological facts. There are still people who risk their jobs if they question gender ideology. But there are also people fighting back, among them is Sall Grover: The founder of a […]
Women’s rights vs men’s demands
The Licensing Racket
08 Mar 2025 Leave a comment
in applied price theory, economics of bureaucracy, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, occupational choice, occupational regulation, property rights, Public Choice, rentseeking
I review a very good new book on occupational licensing, The Licensing Racket by Rebecca Haw Allensworth in the WSJ. Most people will concede that licensing for hair braiders and interior decorators is excessive while licensing for doctors, nurses and lawyers is essential. Hair braiders pose little to no threat to public safety, but subpar […]
The Licensing Racket
RICHARD PREBBLE: Letter of resignation from the Waitangi Tribunal
06 Mar 2025 Leave a comment
in constitutional political economy, discrimination, economic history, economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, constitutional law, free speech, political correctness, racial discrimination, regressive left
Hon Tama Potaka Minister of Maori Development 28 February 2025 Dear Minister, After careful consideration I must resign as a Member of the Waitangi Tribunal. The treaty is not just our founding document, it makes New Zealand unique. Two peoples peacefully agreeing to form a nation. Over the summer I have been reading Tribunal reports […]
RICHARD PREBBLE: Letter of resignation from the Waitangi Tribunal
GRAHAM ADAMS: John Tamihere and Te Pāti Māori are in a world of pain
05 Mar 2025 Leave a comment
in law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: constitutional law, free speech, political correctness, racial discrimination, regressive left
The government cutting Whānau Ora funding would be a crippling blow. For the longest time, it has been impossible to make Te Pāti Māori…
GRAHAM ADAMS: John Tamihere and Te Pāti Māori are in a world of pain
The American Rōnin: How Displaced “Disinformation Experts” Are Seeking New Opportunities in Europe and Academia
27 Feb 2025 Leave a comment
in economics of bureaucracy, economics of education, economics of information, economics of media and culture, entrepreneurship, financial economics, industrial organisation, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, rentseeking Tags: 2024 presidential election, free speech, political correctness, regressive left
Below is my column in the Hill on the new American emigres: “disinformation experts” who are finding themselves unemployed with the restoration of free speech protections. Here is the column:
The American Rōnin: How Displaced “Disinformation Experts” Are Seeking New Opportunities in Europe and Academia
The Royal Society Moves to Expel Musk Over His Political Views
21 Feb 2025 Leave a comment
in economics of education, entrepreneurship, law and economics, liberalism, Marxist economics, property rights, transport economics Tags: free speech, political correctness, regressive left, space
Founded in 1660, the Royal Society is one of the most prominent scientific organizations in the world with associations to such luminaries as Sir Isaac Newton and Charles Darwin. Despite that proud history, British scientists are pushing to politicize the society and expel Elon Musk because they disagree with his political views. It is not […]
The Royal Society Moves to Expel Musk Over His Political Views
The Accumulation of Regulation
21 Feb 2025 1 Comment
in applied price theory, economics of bureaucracy, economics of regulation, labour economics, labour supply, law and economics, politics - USA, property rights, Public Choice, regulation Tags: employment law
Like many who do business in California, I often complain about the regulatory burden (free at last!) People will ask, “So what one regulation would you get rid of?” The problem is that this is a really hard question to answer because in most cases it is not any one regulation in particular, but the…
The Accumulation of Regulation
Our letter to the three societies on the definition of sex—with signers
20 Feb 2025 1 Comment
in discrimination, economics of education, gender, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: Age of Enlightenment, conjecture and refutation, free speech, gender gap, philosophy of science, political correctness, regressive left, sex discrimination
Six days ago I posted a group letter to the Presidents of three ecology/evolution/systematics societies who had issued a joint statement that many of us found deeply misguided. As I wrote at the time: The Presidents of three organismal-biology societies, the Society for the Study of Evolution (SSE), the American Society of Naturalists (ASN) and […]
Our letter to the three societies on the definition of sex—with signers
I like maps
12 Feb 2025 Leave a comment
in defence economics, economic history, International law, law and economics, property rights Tags: economics of borders, maps
Utopia, you are standing in it! 
Recent Comments