The extent to which the government should be involved in the provision of goods and services generates a lot of debate. Most of that debate is unhelpful, since it involves small-government, market-fundamentalist types arguing against anti-market socialist types. It’s all ideological, and there’s a pretty good chance that neither of the sides in that argument…
Should the government operate petrol stations?
Should the government operate petrol stations?
17 Aug 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, law and economics, politics - Australia, politics - New Zealand, privatisation, property rights
Rampell On Harris’s Economic Policy
17 Aug 2024 1 Comment
in applied price theory, economics of regulation, history of economic thought, industrial organisation, politics - USA Tags: 2024 presidential election
Here is the Washington Post’s Catherine Rampell on Harris’s price control policy: It’s hard to exaggerate how bad this policy is. It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Some far-off Washington bureaucrats […]
Rampell On Harris’s Economic Policy
Why doesn’t Switzerland have more air conditioners?
16 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: nanny state, Switzerland
Installing air conditioning in Switzerland is often subject to rules set at the cantonal level. Geneva is the strictest canton. To qualify, a home owner must prove they have a legitimate need, for example, by producing a medical certificate, and install systems that capture some of the heat emissions and condensation produced. Other cantons require […]
Why doesn’t Switzerland have more air conditioners?
DON BRASH: WHO IS MISLEADING THE PUBLIC?
16 Aug 2024 Leave a comment
in income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking, resource economics Tags: constitutional law, native title
A letter signed by more than 170 legal “experts” has been circulated around the media in the last few days and quoted extensively. Unfortunately, I have not been able to locate the letter in its entirety but have gathered some quotes. The letter claims to fact check Hobson’s Pledge’s ad which was published on…
DON BRASH: WHO IS MISLEADING THE PUBLIC?
Friedman vs Stiglitz, Chile vs Venezuela
16 Aug 2024 Leave a comment
in development economics, economic growth, economic history, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, law and economics, liberalism, macroeconomics, Marxist economics, Milton Friedman, politics - USA, poverty and inequality, property rights, Public Choice, public economics, rentseeking Tags: Chile, free speech, political correctness, regressive left, The Great Enrichment, Venezuela
I’ve repeatedly praised Chile’s pro-market reforms (see here, here, and here) and I’ve repeatedly condemned Venezuela’s shift to socialism (see here, here, and here). But if you don’t have time to read all those columns, this chart from the Maddison database tells you everything you need to know. Simply stated, Chile’s reforms have delivered huge […]
Friedman vs Stiglitz, Chile vs Venezuela
Globe-Trotting Climate Activist Fined 100,000 Euros After Blocking Frankfurt Airport
15 Aug 2024 Leave a comment
in economics of climate change, economics of crime, energy economics, environmental economics, environmentalism, global warming, law and economics Tags: climate activists
If NGOs or collection campaigns don’t help out, the climate-blocking criminal could end up in prison as a substitute. How many years would that amount to?
Globe-Trotting Climate Activist Fined 100,000 Euros After Blocking Frankfurt Airport
Ed Miliband’s Hard Left Policy Team
15 Aug 2024 1 Comment
in energy economics, environmental economics, environmentalism, global warming, liberalism, Marxist economics Tags: British politics, climate activists, Internet
By Paul Homewood Guido has news on the batch of SpAds advising the clueless Ed Miliband. Their extreme backgrounds are s concerning as Miliband’s own. The fact that he has picked these says it all.
Ed Miliband’s Hard Left Policy Team
The Anti-Science left
15 Aug 2024 Leave a comment
in economics of education, economics of media and culture Tags: Age of Enlightenment, Anti-Science left, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
“An America Issue”: Washington Post Reporter Calls on White House to Censor Trump for America
14 Aug 2024 Leave a comment
in law and economics, liberalism, Marxist economics, politics - USA, Public Choice Tags: 2024 presidential election, free speech, political correctness, regressive left
In my new book on free speech, I discuss at length how the mainstream media has joined an alliance with the government and corporations in favor of censorship and blacklisting. The Washington Post, however, appears to taking its anti-free speech campaign to a new level with open calls for a crackdown. The newspaper offered no objection […]
“An America Issue”: Washington Post Reporter Calls on White House to Censor Trump for America
School speech censorship
14 Aug 2024 Leave a comment
in economics of education, law and economics, politics - New Zealand Tags: Age of Enlightenment, free speech, political correctness, regressive left
Stuff reports: A speech which ordinarily would have failed to raise attention outside the walls of New Plymouth Boys’ High School has grabbed national attention after a student was banned from delivering it. Oliver Jull’s speech – The Decline of Western Civilization – was scratched from the school’s speech finals last week out of concerns […]
School speech censorship
Finally, exchange rate models seem to work pretty well
14 Aug 2024 Leave a comment
in budget deficits, business cycles, econometerics, economic history, financial economics, history of economic thought, inflation targeting, macroeconomics, monetary economics, politics - USA Tags: exchange rates, monetary policy
Exchange-rate models fit very well for the U.S. dollar in the 21st century. A “standard” model that includes real interest rates and a measure of expected inflation for the U.S. and the foreign country, the U.S. comprehensive trade balance, and measures of global risk and liquidity demand is well-supported in the data for the U.S. […]
Finally, exchange rate models seem to work pretty well
“We are Monitoring”: EU Censor Threatens Musk Ahead of the Trump Interview
14 Aug 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election, free speech, media bias, political correctness, regressive left
In my new book on free speech and various columns, I write about the European Digital Services Act (DSA) as one of the greatest assaults on free speech in history. One of the most notorious anti-free speech figures in the world is European Commissioner for Internal Markets and Services Thierry Breton. Where some censors express […]
“We are Monitoring”: EU Censor Threatens Musk Ahead of the Trump Interview
Energy Numbers: Decades of Data Detail Wind & Solar’s Pathetic Performance
14 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power, wind power
There’s something altogether pathetic about those that push wind and solar as the path to an energy Utopia. A place where unicorns, fairies and pixies are in charge and numbers get treated with contempt. Numbers such as those collected by Frances Menton and Robert Bryce and the pieces below. Numbers that demonstrate that, after almost […]
Energy Numbers: Decades of Data Detail Wind & Solar’s Pathetic Performance
Utopia, you are standing in it! 
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