
Would Socialism Better Our Lives? https://nyti.ms/2MFC2v8
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
03 Sep 2018 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, history of economic thought, industrial organisation, law and economics, Marxist economics, property rights, Public Choice, survivor principle Tags: fall of communism, kibbutzim

Would Socialism Better Our Lives? https://nyti.ms/2MFC2v8
03 Sep 2018 Leave a comment
On September 1st the BBC News website replaced its original report on the topic of the US administration’s decision to cut funding to UNRWA (discussed here) with an article titled “Palestinians brand US aid cut to UN group ‘a flagrant assault’“.
As may be expected given that choice of headline, 16.3% of the report’s word count was given over to criticism of the US decision from various Palestinian factions, including the PLO (together with a link) and the Hamas terror group. An additional 48 words were used to describe Palestinian denunciation of previous unrelated US Administration decisions. A further 13.7% of the report’s word count was devoted to amplification of statements from UNRWA’s spokesman Chris Gunness, meaning that in all, 30% of the article was devoted to informing BBC audiences of condemnations of the US move.
Readers were told that:
“The US has been the…
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03 Sep 2018 Leave a comment
in defence economics, development economics, economics of crime, growth disasters, law and economics, laws of war, war and peace Tags: war against terror
03 Sep 2018 Leave a comment
A week or so ago, advertisements appeared in the major newspapers inviting applications from people wishing to be considered for appointment as external (non-executive) members of the Monetary Policy Committee. Should you wish to apply, the advert is here, with applications closing on Friday.
All of which is quite remarkable. The Monetary Policy Committee is to be created by legislation currently before Parliament, and not expected to be passed until the end of the year (the select committee isn’t due to report back until early December). The appointments are not expected to take effect until April next year. In fact, submissions on the Reserve Bank of New Zealand (Monetary Policy) Amendment Bill themselves also close on Friday. The select committee process is supposed to involve members looking carefully at the details of the legislation, considering public submissions, and recommending any refinements or amendments the committee considers appropriate. …
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03 Sep 2018 Leave a comment
British historian Andrew Roberts explains what the Cold War was all about. Oddly enough, even those who lived through it are apt to forget. The left really thought that communism might be a better system.
You still hear the echoes in Nancy Pelosi’s comments that tax cuts have nothing to do with growing an economy, but are simply gifts for the very wealthy who clearly don’t deserve it. (That’s what the Left wants the poor to believe) Since she is very wealthy, who knows what she really believes. Democrats want people to pay more taxes so they will have more money to give to the poor to buy their votes.
The idea that free people, able to keep more of their own money, can create, invent, expand their businesses, or act on their own ambitions, somehow is not as important as control by their betters.
It’s followed by a fireside…
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03 Sep 2018 Leave a comment
in discrimination, Public Choice, television Tags: British politics, Yes Minister

03 Sep 2018 Leave a comment
in comparative institutional analysis, constitutional political economy, politics - USA, Public Choice Tags: Antonin Scalia, constitutional law
02 Sep 2018 Leave a comment
Earlier this month, a physician and molecular biologist named Henry Miller had an op-ed published in The Wall Street Journalpointing out the dubious claims and questionable science behind organic foods. Shortly after Dr. Miller’s commentary appeared, FDA Commissioner Scott Gottlieb expressed concern about information on organic food labels and the need to have more information put on them.
Consumers need to have full and factual information about products and services they shop for, including the food they consume. Overall, the idea behind organic foods sounds noble, but are they good for people and good for the natural environment overall? Bjorn Lomborg looks into this in the below video.
The dirty little secret about their substitute menu items is that they can be worse, and not better, for your health. It’s all about killing people off as fast as possible for the environmentalists, including lying about foods to include in…
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02 Sep 2018 Leave a comment
‘We are now launching into a wide and boundless field, puzzled with mazes and o’erspread with difficulties.’
George Washington, autumn 1779
At 680 larger-than-usual pages, this is a very long, very thorough and very heavy book.
I bought it under the misapprehension that it would explain the economic and political background to the American War of Independence, which was a mistake. Almost a Miracle is a highly detailed account of the arguments about military strategy conducted by both sides in the war, and of the actual battles fought during the war.
In this respect its focus on the nitty-gritty of military engagements large and small follows straight on from the couple of books I recently read about its immediate predecessor, the Seven Years War:
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02 Sep 2018 Leave a comment
in defence economics, development economics, economic history, economics of bureaucracy, International law, law and economics, liberalism, Marxist economics, Public Choice Tags: fall of communism
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
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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
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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