Tyler and I have been promoting the Danish mortgage system for years. Recall that in the Danish system each mortgage is backed by a matching bond. As a consequence, mortgage holders have two ways to pay a mortgage: 1) hold the mortgage and pay the monthly payments or 2) buy the matching bond and, in […]
The Danish Mortgage System Avoids Lock-In
The Danish Mortgage System Avoids Lock-In
20 Jun 2024 Leave a comment
in applied price theory, financial economics, law and economics, property rights, urban economics Tags: Denmark
Another weak free speech university policy
06 Jun 2024 Leave a comment
in economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, regressive left
Auckland University has a draft free speech policy. There are some good parts to it, but also parts that will allow significant censorship. We take our role of critic and conscience seriously and welcome and encourage dialogue and debate including on topics which may be contentious and controversial. It is inevitable that different perspectives will […]
Another weak free speech university policy
New Rule: Gender Apartheid | Real Time with Bill Maher (HBO)
03 Jun 2024 Leave a comment
in discrimination, economics of education, gender, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, television, TV shows Tags: Age of Enlightenment, free speech, Gaza Strip, gender wage gap, Iran, Middle-East politics, political correctness, regressive left, sex discrimination
Karen Chhour Skewers The Maori Party
31 May 2024 Leave a comment
in economic history, economics of crime, economics of education, income redistribution, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand, poverty and inequality, property rights, Public Choice, public economics Tags: child abuse, child poverty, crime and punishment, family poverty, law and order
Article is by Chris Lynch and I have pinched this one from The BFD Blog. `ĀCT MP Karen Chhour has responded to the Maori Party’s “divisive outbursts.” Co-leader Rawiri Waititi said yesterday, ‘It’s now time for us to step comfortably into our rangatiratanga and to not give too much to this Pakeha Government with their […]
Karen Chhour Skewers The Maori Party
Professor Accuses UCLA of “Torturing” Pro-Palestinian Protesters
29 May 2024 Leave a comment
in defence economics, economics of crime, economics of education, law and economics, laws of war, Marxist economics, politics - USA, property rights, war and peace Tags: free speech, Gaza Strip, Israel, Middle-East politics, political correctness, regressive left, war against terror
UCLA Professor Hannah Appel has accused the school of human rights violations amounting to “torture” in the treatment of pro-Palestinian protesters. The reason is the denial of water and food from being brought into a building being unlawfully occupied by protesters, even though the students were free to leave at any time.
Professor Accuses UCLA of “Torturing” Pro-Palestinian Protesters
ROGER PARTRIDGE: The Tikanga Challenge for Law Schools, the Rule of Law – and Parliament
24 May 2024 Leave a comment
in law and economics, politics - New Zealand, property rights
Barrister Gary Judd KC’s complaint to the Regulatory Review Committee has sparked a fierce debate about the place of tikanga Māori – or Māori customs, values and spiritual beliefs – in the law. Judd opposes the New Zealand Council of Legal Education’s plans to make teaching tikanga compulsory in the legal curriculum. AUT Law School…
ROGER PARTRIDGE: The Tikanga Challenge for Law Schools, the Rule of Law – and Parliament
TVNZ hīkoi documentary needs a sequel
19 May 2024 Leave a comment
in comparative institutional analysis, economic history, law and economics, movies, politics - New Zealand, property rights Tags: native title
Graham Adams writes that 20 years after the land march, judges are quietly awarding a swathe of coastal rights to iwi. Early this month, an hour-long documentary was released by TVNZ to mark the 20th anniversary of the land-rights march to oppose Helen Clark’s Foreshore and Seabed Act. The account of 2004’s hīkoi from Cape […]
TVNZ hīkoi documentary needs a sequel
Is it time to take the Interislander away from Kiwirail?
17 May 2024 Leave a comment
in applied price theory, economics of bureaucracy, industrial organisation, law and economics, managerial economics, politics - New Zealand, privatisation, property rights, Public Choice, survivor principle, theory of the firm, transport economics
The Herald reports: KiwiRail’s seemingly endless requests for more money is damning. At one point, KiwiRail assured Robertson when he was the Finance Minister that the worst-case scenario would be an extra $300 million before requesting $1.2 billion a few months later. Not what most people regard as worst case. It’s no wonder Ministry of Transport officials […]
Is it time to take the Interislander away from Kiwirail?
Bish delivers for Wellington
13 May 2024 Leave a comment
in economics of bureaucracy, environmental economics, law and economics, politics - New Zealand, property rights, Public Choice, urban economics Tags: housing affordability, land supply, zoning
Chris Bishop announced: “I have agreed with the Council’s alternative recommendations in nine instances, relating to development around Adelaide Road, the walkable catchment around the City Centre Zone (including Hay St), character precincts, building heights and controls on the interface of the City Centre Zone and Moir and Hania Street, setbacks for 1-3 residential units, […]
Bish delivers for Wellington
The Rise and Decline and Rise Again of Mancur Olson
09 May 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, law and economics, property rights, Public Choice, public economics, rentseeking
Mancur Olson’s The Rise and Decline of Nations is one of my favorite books and a classic of public choice. Olson may well have won the Nobel prize had he not died young. He summarized his book in nine implications of which I will present four: 2. Stable societies with unchanged boundaries tend to accumulate […]
The Rise and Decline and Rise Again of Mancur Olson
Vic’s proposed speech suppression code
06 May 2024 Leave a comment
in economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: free speech, political correctness, regressive left
The FSU reports: Last week, we were sent draft principles for what discourse Victoria University intends to allow on campus. … “We should not provide a platform for, nor invite, individuals or groups to speak on campus that have previously demonstrated or are expected to express hate speech as the current law defines…” So Vic […]
Vic’s proposed speech suppression code
Majority of Northwestern’s Anti-Semitism Task Force Members Resign Over Deal With Protesters
06 May 2024 Leave a comment
in economics of education, law and economics, politics - USA, property rights, war and peace Tags: free speech, Gaza Strip, Middle-East politics, political correctness, racial discrimination, regressive left, useful idiots, war against terror
The backlash over the settlement of Northwestern University with pro-Palestinian protesters continues to mount. In a letter acquired by The Daily Northwestern, seven out of 11 members of the “President’s Advisory Committee on Preventing Antisemitism and Hate” resigned this week in protest.
Majority of Northwestern’s Anti-Semitism Task Force Members Resign Over Deal With Protesters
May Day: Appeals Court Rules Against Kids’ Climate Lawsuit
03 May 2024 Leave a comment
in energy economics, environmental economics, global warming, law and economics, politics - USA, property rights
Update May 1, 2024 Ninth Circuit Court of Appeals grants Federal government’s petition for writ of mandamus in the case of Juliana v. United States, originally filed in 2015. Ruling excerpts are below in italics with my bolds. 20240501_docket-24-684_order In the underlying case, twenty-one plaintiffs (the Juliana plaintiffs) claim that—by failing to adequately respond to […]
May Day: Appeals Court Rules Against Kids’ Climate Lawsuit
Farmers Uninsurable Risk: Solar Factory Neighbours Face Total Financial Ruin
02 May 2024 Leave a comment
in energy economics, environmental economics, global warming, law and economics, property rights Tags: solar power, wind power
Farmers have no hope of insuring their properties to cover damage caused to neighbouring solar factories. Public liability cover in property insurance contracts ordinarily caps out at around $20 million in Australia. As with any type of insurance, the greater the cover, the greater the premium. Although, there are certain risks that no insurer will […]
Farmers Uninsurable Risk: Solar Factory Neighbours Face Total Financial Ruin
Why Socialism Won’t Die
26 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, entrepreneurship, growth disasters, history of economic thought, income redistribution, industrial organisation, law and economics, liberalism, Marxist economics, property rights, Public Choice Tags: economics of socialism
“to employ a hundred people is… exploitation, but to command the same number [is] honorable.” That’s an actual book by the way, explaining that although communism has failed in the past across different nations, races and cultures, it might work in the future where machines can create anything we want. Think Star Trek’s replicator technology. […]
Why Socialism Won’t Die
Utopia, you are standing in it! 
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