Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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
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
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
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
07 Mar 2024 Leave a comment
in economics of crime, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: Age of Enlightenment, regressive left, taxation and investment
From an MR reader: Good story here about one man in Washington state fighting the battle against the progressive tide. He single handedly got six initiatives on the ballot to repeal progressive reforms over the past few years. These include a police pursuit law that prevents police from chasing criminals in most cases, and a […]
Tide turning in Washington State?
07 Mar 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, economics of regulation, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, regulation, urban economics Tags: housing affordability, land supply, zoning
One annoying thing about writing a Saturday column for the Stuff papers is never knowing whether a piece will show up in print.I’d thought this one was a banger. I’ll be talking about related issues tomorrow night as part of a panel for A City for People. 🟨🟪 Our speaker line up has dropped! 🟪🟨Join us on…
Even Lowerer Hutt
03 Mar 2024 Leave a comment
in applied price theory, economics of bureaucracy, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, regulation, rentseeking, transport economics, urban economics Tags: land supply, zoning
Last week, Housing Minister Chris Bishop gave perhaps the most important speech by the new Government since the election. In a speech to the Wellington Chamber of Commerce, he said he wanted the ratio of house prices to median household income to more than halve to between 3 and 5 over the next 10…
DON BRASH: PERHAPS THE MOST IMPORTANT SPEECH FROM THE NEW GOVERNMENT SO FAR
03 Mar 2024 Leave a comment
in economic history, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
We thought some good news wouldn’t go amiss. The following content speaks for itself. Just a quick note to introduce myself as the newest member of the Hobson’s Pledge team. A quick bit about myself: I am a husband, dad, and proud New Zealander. I have ancestors from Niue, England, and Tonga, and I hail…
ELLIOT IKILEI: Why I am joining Hobson’s Pledge
03 Mar 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, environmental economics, income redistribution, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, regulation, rentseeking, urban economics Tags: housing affordability, land supply, zoning
The Housing Theory of Everything has one of those wonderful self-explanatory titles. A good title matters. The recent and thorough essay explains how the anglosphere’s unnecessarily expensive housing affects, well, everything. Or at least almost everything.Zoning makes it too hard to build houses where people want to build. Urban containment policies block new subdivisions, so…
The Uncompetitive Urban Land Markets Theory of Everything
28 Feb 2024 Leave a comment
in economics of bureaucracy, health economics, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking
The Productivity Commission will cease operations tomorrow, to make way for the new Ministry for Regulation. On the same day, the Waitangi Tribunal will begin an urgent inquiry into the government’s proposal to disestablish the Māori Health Authority. But legislation passed under urgency by Parliament will result in the authority being shut down by the end […]
Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do with the Waitangi Tribunal?
25 Feb 2024 Leave a comment
in economics of crime, financial economics, law and economics, politics - USA, property rights Tags: 2024 presidential election, regressive left
Below is my column in the New York Post on the confiscatory fines imposed on former president Donald Trump and his family and corporation. Democrats are thrilled by the over the $450 million bill facing Trump and the possibility that he could be forced to sell off property just to seek an appeal. On ABC, […]
“Nothing Succeeds Like Excess”: New York’s Perverse Incentive in Pricing Trump Out of an Appeal
24 Feb 2024 Leave a comment
in defence economics, economic history, International law, law and economics, liberalism, politics - USA, property rights Tags: free speech, Gaza Strip, Israel, Middle-East politics, political correctness, regressive left, war against terror
One thing that bothers me about the war between Hamas and Israel is the large number of manifestly dumb beliefs that pervade the discourse. This is also true about Israel itself. Here’s a list of a few, all them wrong and all of them easily refuted. A two-state “solution” will end Palestinian terrorism towards Israel […]
Arrant misconceptions about the war and Israel
23 Feb 2024 Leave a comment
in law and economics, politics - USA, property rights Tags: 2024 presidential election, rule of law, student debt
President Joe Biden held a press event to brag about a major accomplishment this week. That itself is hardly surprising in an election year, but the boast itself was rather curious. In announcing the writing off of another $1.2 billion owed to the government in student loans, Biden gloated that the Supreme Court could not […]
“That Didn’t Stop Me”: President Biden Brags that the Supreme Court Cannot Stop Him from Canceling Student Debt
23 Feb 2024 Leave a comment
in economics of crime, health and safety, labour economics, law and economics, politics - USA, property rights Tags: 2024 presidential election
We have been writing about alarming record of the dogs of the Bidens attacking staff and Secret Service agents through the years. At first, the story was a humorous distraction as some of us wondered if the First Family had a vicious dog. It then became more alarming as each of the dogs were found […]
Master and Commander: The Biden Dogs Accused of Dozens of Additional Attacks at White House
21 Feb 2024 Leave a comment
in law and economics, politics - USA, property rights Tags: 2024 presidential election
Below is my column on Fox.com on the demand for roughly a $455 million dollar deposit or equivalent bond for Donald Trump to be able to seek appellate review of the recent judgment against him. The combination of the fine and the deposit rule highlight the confiscatory elements of this judgment. Here is the column:
Pay to Play: Trump Faces a Staggering Cost for Appeal
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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