

From https://reference.findlaw.com//lawandeconomics/5840-renting.pdf
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
21 Nov 2019 Leave a comment
in applied price theory, comparative institutional analysis, economics of information, economics of regulation, politics - New Zealand, Public Choice, urban economics
21 Nov 2019 Leave a comment
Last week, a nominee to lead the Federal Emergency Management Agency generated fireworks when, during his confirmation hearing, he said he does not know the cause of climate change. The comment reignites the debate over how FEMA, which provides subsidized flood insurance and disaster relief, should respond to the risk climate change poses for both functions. Fortunately, given FEMA’s role, the cause of this increased risk shouldn’t matter. If FEMA recognizes the risk, the only question is figuring out whether and how to respond to it.
Climate change, to the extent it increases the risk of sea level rise and destructive natural disasters, substantially affects FEMA programs. It increases the National Flood Insurance program’s liabilities, if the risks are not appropriately priced (as they’re usually not). And it may increase the frequency and costs of FEMA disaster responses. But that climate change may pose risks that FEMA should account for…
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21 Nov 2019 Leave a comment
Prof Geoff Jones of HBS has recently written a case on role of IBM in Nazi Germany.
He discusses the case and its broad lessons in this superb interview:
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21 Nov 2019 Leave a comment
in economic history, economics of education, law and economics Tags: Age of Enlightenment, moral psychology, political psychology, The Great Enrichment
21 Nov 2019 2 Comments
in energy economics, environmental economics, global warming, politics - Australia Tags: nuclear power, solar power, wind power

21 Nov 2019 Leave a comment

It is rare that you pick up a book and just say, ” wow, this is an achievement.” For the last five years or so, Bryan Caplan has immersed himself in the extremely large social science literature on immigration and its impacts. You would expect a 300 page academic monograph. But that’s not what you get. Instead, he teamed up with Zach Weinersmith of SMBC fame to write a graphic novel. Open Borders: The Science and Ethnics of Immigration is truly something else. It’s a slim tome that lays out the argument for unrestricted migration. It’s joyful , it’s beautiful, and most importantly, it’s right.
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21 Nov 2019 Leave a comment
Not unlike the OECD, our Productivity Commission tends to lean left. Not usually in some overtly partisan sense, but in a bias towards government solutions, a disinclination to focus on government failures as much as “market failures”, and a mentality that is often reluctant to look behind symptoms (which government action can sometimes paper over) to look at deeper causes and influences.
Sometimes the cheerleading for the left becomes more overt. There was a streak of that evident in their climate change report a year or two back, but it seems particularly evident in their latest draft report out this morning. Reflecting the change of government, the political complexion of key personnel of the Commission, the Commissioners – while each individually capable – appears to have shifted leftwards.
The Productivity Commission’s inquiries are into topics selected by the government of the day. The current Minister of Finance has…
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21 Nov 2019 Leave a comment
in economics of crime, law and economics, movies, television
21 Nov 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, David Friedman, economics of crime, law and economics, property rights
20 Nov 2019 Leave a comment
in business cycles, great depression, macroeconomics, monetary economics Tags: Keynesian macroeconomics

20 Nov 2019 Leave a comment
in economics of crime, law and economics, Music Tags: dating market, marriage and divorce

20 Nov 2019 1 Comment
The wind cult works overtime to avoid the bloody reality that their beloveds are responsible for millions of bird and bat deaths, every year. Lying, dissembling and attempting to bury the evidence is just the start. There follows a game of moral equivalence, asserting that more bats and birds are clobbered by cars, cats and tall buildings.
Cars, cats and skyscrapers don’t kill healthy Eagles – like the critically endangered Tasmanian wedge-tailed eagle, but 60 m wind turbine blades with their tips travelling at 350 Kph routinely smash them out of existence.
As part of the same race to the periphery, wind worshippers also spin the line that evil fossil fuels are responsible for even more avian carnage. Except, as James Taylor points out below those claims ring just a little hollow.
Wind apologists laughably claim fracking harms wildlife
CFACT
James Taylor
3 November 2019
Apologists for wind power…
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20 Nov 2019 Leave a comment
in economics of media and culture, property rights Tags: vegetarianism

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
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
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
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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