Creative destruction
04 Nov 2024 Leave a comment
in economic growth, economic history, industrial organisation, macroeconomics, survivor principle Tags: creative destruction, The Great Enrichment
Who Matters More in a Move: You or Your Spouse?
04 Nov 2024 Leave a comment
in applied price theory, discrimination, econometerics, economics of love and marriage, gender, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: gender wage gap, marriage and divorce, sex discrimination
New research finds couples are more likely to move for a job when it benefits the man, even when the woman’s career stands to benefit more by movingBy Dalvin Brown of The WSJ. Excerpts:”Couples are moving again for better job opportunities. They are more likely to make those moves when the husband’s earnings stand to…
Who Matters More in a Move: You or Your Spouse?
Battle of Beersheba – Canadian Frustration – Balfour Declaration I THE G…
03 Nov 2024 Leave a comment
in defence economics, war and peace Tags: World War I
The Nation endorses Kamala Harris, but its interns object: “We cannot vote our way out of this genocide”
02 Nov 2024 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, liberalism, Marxist economics, politics - USA, Rawls and Nozick, war and peace Tags: 2024 presidential election, free speech, Gaza Strip, Middle-East politics, regressive left, useful idiots, war against terror
Well, I’ll be. The group of interns at the left-wing The Nation have objected to the magazine’s recent endorsement of Kamala Harris and published their gripes. Now why would that happen? We all know that many editors and reporters at the Washington Post objected to the paper’s failure to endorse Kamala Harris, but this kind of […]
The Nation endorses Kamala Harris, but its interns object: “We cannot vote our way out of this genocide”
ROGER PARTRIDGE: Can the Dead Own Property? Our Supreme Court Just Said Yes in Nikora v Kruger
02 Nov 2024 Leave a comment
in law and economics, politics - New Zealand, property rights
Imagine trying to take instructions from a deceased client, or entering into a contract with your great-great-grandparents. According to our Supreme Court’s latest decision, these absurdities might not be far-fetched. In a ruling that defies both common sense and centuries of legal principle, the Supreme Court has just held that deceased tribal ancestors can satisfy…
ROGER PARTRIDGE: Can the Dead Own Property? Our Supreme Court Just Said Yes in Nikora v Kruger
The National Childcare Program During World War II
02 Nov 2024 Leave a comment
in applied price theory, defence economics, discrimination, econometerics, economic history, gender, human capital, labour economics, labour supply, war and peace Tags: World War II
The United States has has a nationwide childcare program at one time in its history: a temporary program during World War II. Tim Sablik of the Federal Reserve Bank of Richmond tells the story and summarizes some economic research on the topic in “When Uncle Sam Watched Rosie’s Kids: To support women working on the…
The National Childcare Program During World War II
Bezos on endorsements
01 Nov 2024 Leave a comment
in industrial organisation, law and economics, liberalism, Marxist economics, politics - USA, property rights, survivor principle Tags: 2024 presidential election, free speech, Freedom of the press, political correctness, regressive left
Jeff Bezos writes: In the annual public surveys about trust and reputation, journalists and the media have regularly fallen near the very bottom, often just above Congress. But in this year’s Gallup poll, we have managed to fall below Congress. Our profession is now the least trusted of all. Something we are doing is clearly not […]
Bezos on endorsements
DON BRASH: HOW ARE THEY GOING?
01 Nov 2024 Leave a comment
in defence economics, development economics, growth miracles, international economics, politics - New Zealand Tags: China
It is just over a year since last year’s general election, and nearly a year since the new coalition Government was formed. How are they going? When I speak to Rotary Club audiences and similar, I talk about the five big challenges facing New Zealand: 1) Our long-standing under-performance compared with other developed countries (and…
DON BRASH: HOW ARE THEY GOING?
THE SIEGE: A SIX DAY HOSTAGE CRISIS AND THE DARING SPECIAL FORCES OPERATION THAT SHOCKED THE WORLD by Ben Macintyre
01 Nov 2024 Leave a comment
in defence economics, economics of crime, law and economics Tags: Iran, Middle-East politics, war against terror
(On 30 April 1980 six gunmen took over the Iranian embassy in Kensington. The siege ended when the SAS stormed the building.) If one thinks about events that took place in 1980 two hostage situations should come to mind. The first and more prominent was the seizure of the American Embassy in Tehran by Islamic […]
THE SIEGE: A SIX DAY HOSTAGE CRISIS AND THE DARING SPECIAL FORCES OPERATION THAT SHOCKED THE WORLD by Ben Macintyre
Why are Spain and Italy islands of equality?
31 Oct 2024 Leave a comment
in applied price theory, discrimination, gender, human capital, labour economics, labour supply, poverty and inequality Tags: gender wage gap
Maybe NZ’s Minister of Justice is Right. When Parliament Can’t Make Laws, the people have no choice but to take the Law into their Own Hands.
31 Oct 2024 Leave a comment
in law and economics, politics - New Zealand, property rights Tags: constitutional law
Not so long ago, the Labour Party’s Deputy PM Sir Michael Cullen stated in no uncertain terms in Parliament that sovereignty was ceded in the Treaty of Waitangi. According to his Labour Party, “The power of the NZ Parliament to change the law is central to the exercise of sovereignty and therefore the contemporary exercise…
Maybe NZ’s Minister of Justice is Right. When Parliament Can’t Make Laws, the people have no choice but to take the Law into their Own Hands.
A Prescription for Fixing the US Healthcare System
31 Oct 2024 Leave a comment
in applied price theory, health economics, politics - USA Tags: health insurance
Among the major issues not being discussed in the US presidential campaign are those facing the US healthcare system. The two main concerns are well-known. One is high cost. The US economy spends about $12,500 per person on health care in 2022, according to the OECD. The second- and third-highest countries, Switzerland and Germany, spend…
A Prescription for Fixing the US Healthcare System
Electric bin lorry bursts into flames in central London
31 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood h/t Philip Bratby Time to stop this madness before somebody dies: An electric bin lorry burst into flames on Monday, forcing roads across London’s West End to close. Specialist crews were deployed to the fire after the £580,000 electric lorry caught alight in the morning. The […]
Electric bin lorry bursts into flames in central London
New MRU Video! Negative Externalities
31 Oct 2024 Leave a comment
in applied price theory, economics of information, environmental economics, law and economics, property rights, Ronald Coase
Here’s the latest video from Marginal Revolution University. It covers negative externalities–drawing, of course, from the most innovative and interesting principles of economics textbook, Modern Principles of Economics. MRU videos are free for anyone’s use anytime, anywhere and don’t forget there are also two new econ-practice games on negative externalities and positive externalities and a fun choose […]
New MRU Video! Negative Externalities
Reeves to make Bank of England put climate change and growth on equal footing
31 Oct 2024 Leave a comment
in economics of bureaucracy, economics of climate change, energy economics, environmental economics, environmentalism, global warming, macroeconomics, monetary economics, Public Choice Tags: British politics, climate activists, climate alarmism, monetary policy
By Paul Homewood So much for the Bank’s much vaunted independence! Rachel Reeves is planning to make the Bank of England take climate change as seriously as growth, as the Chancellor seeks to use her maiden Budget to overhaul the economy. In a letter to Governor Andrew Bailey on Wednesday, Ms Reeves is […]
Reeves to make Bank of England put climate change and growth on equal footing
Utopia, you are standing in it! 
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