Max Tabarrok’s paper on the Endangered Species Act and housing (WP) has just been published in the Journal of Public Economics! It’s a clever paper: Max observed that the moment an animal is put on the endangered species list, developers face enhanced compliance costs and liability risk. But what’s important for an empirical economist is…
Here is a single image that captures the extent to which we are lost. Khadija Patel stands at the Palace of Westminster, recipient of the British Citizen Award 2026 for her “work empowering young women.” She is covered from head to toe. Only her eyes are visible. The official caption celebrates her as a champion…
Simon O’Connor points out: So Radio NZ ran a story from Reuters about the terrible hate crime attack in Berlin which saw 1 killed and 29 wounded at a pride festival. However they removed a key detail from the story. That the attacker was an Islamist. Reuters had this in their story, yet Radio NZ…
I’ve shared multiple studies about the harmful impact of wealth taxes (see here, here, here, here, and here). Today, let’s add to the body of evidence. I’ll start by calling attention to a column I wrote in 2019 that warned how wealth taxes mean very high – even confiscatory – taxes on saving and investment. […]
We estimate the causal impacts of GLP-1 treatment on labor market outcomes using linked Danish administrative data and a matched stacked difference-in-differences design. We compare patients who initiate GLP-1 treatment during the first two years of Semaglutide availability to observably similar patients who initiate four years later. We find that GLP-1 treatment reduces long-term sickness…
I don’t like government running post offices, retirement systems, or air traffic control, so you won’t be surprised to learn that today’s column explains why it’s a dumb idea to have government grocery stores. We’ll start with this video from the Foundation for Economic Education. My knee-jerk instinct on this issue is to go to […]
The Herald reports: Ministry officials are denying they deliberately misled a Parliament select committee by not revealing an immigration IT project had been terminated while being questioned about its progress. Appearing before Parliament’s Privileges Committee today, Ministry of Business, Innovation and Employment (MBIE) chief executive Nic Blakeley and former Immigration New Zealand (INZ) head Alison…
When the East German government began constructing the Berlin Wall on 13 August 1961, its real purpose was unmistakable. It was intended to stop East Germans escaping to the West. Nevertheless, communist parties and sympathetic intellectuals in Western countries attempted to justify the Wall by presenting it as a defensive measure rather than an instrument […]
Whatever one makes of President Trump’s chosen words, the underlying demand – that a body claiming the authority of disinterested science should actually be disinterested – is one any serious defender of scientific integrity ought to be able to endorse. Surely the most litigated-against President in US history is right in ensuring that judges overseeing…
Suppose that apples sell for more than oranges and Parliament in it’s wisdom decides that, at last, apples and oranges must be compared. Not by shoppers — shoppers are biased, they merely reveal what they are willing to pay — but by a tribunal, which will determine whether apples and oranges are of truly equal…
Nicknamed the “Stabilicum” by the right-wing coalition government that introduced it, this would be the fifth major electoral reform in Italy since 1993.
Speaking of AI, I wish the rest of the University of Chicago would adhere to our Law School’s new dictum, reported in the article below from WGN9 (click to read): An excerpt: Some students at the University of Chicago will have to learn how to do their work the old fashioned way, without their phones…
This is one of the best Op-Eds you will read this year, though it deliberately deemphasizes the personal (no one is attacked) in a manner that will result in less attention. Better to write the truth! Excerpt: Why has this [voter discontent} happened? Some of it is economic. Expensive housing, stagnant incomes and widening inequality have fueled public…
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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