There’s a website called Tobacco in Australia: Facts and Issues which is written by a few anti-smoking activist-academics. It provides lots of tobacco-related statistics and a bit of editorialising. The website has a whole section devoted to criticising “industry estimates of the extent of illicit trade in tobacco”. It is an article of faith in tobakko…
Waking up to the reality of tobacco’s black market
Waking up to the reality of tobacco’s black market
25 Jan 2026 Leave a comment
in applied price theory, economics of regulation, health economics, politics - Australia Tags: economics of smoking
Climate Change Economics, Skip the Hysteria (Lomborg)
25 Jan 2026 Leave a comment
in development economics, economic history, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, resource economics Tags: climate activists, climate alarmism, pessimism bias
For those who prefer reading, below is an excerpted transcript lightly edited from the interview, including my bolds and added images. Hey everyone, it’s Andrew Klavan with this week’s interview with Bjorn Lomborg. I met Bjorn, he probably doesn’t remember this, but I met him many, many years ago at Andrew Breitbart’s house. Andrew brought […]
Climate Change Economics, Skip the Hysteria (Lomborg)
Americans Are Getting Richer, Part IV
24 Jan 2026 Leave a comment
in applied price theory, economic growth, economic history, income redistribution, labour economics, macroeconomics, politics - USA, poverty and inequality
In 2016, here’s some of what I wrote about the economic outlook in Illinois. And I shared the same observation when writing about California in 2018. There’s a somewhat famous quote from Adam Smith (“there is a great deal of ruin in a nation“) about the ability of a country to survive and withstand lots of […]
Americans Are Getting Richer, Part IV
When the Left and the Right start behaving in the same way, there’s nothing left of the Left
23 Jan 2026 Leave a comment
in defence economics, discrimination, economic history, economics of education, gender, International law, liberalism, Marxist economics, politics - New Zealand, war and peace Tags: regressive left
I HAVE BEEN RESISTING the conclusion that New Zealand no longer possesses a “left-wing” movement. What the news media persists in referring to as “the Left” or “progressives” are no such thing. By any reasonable definition, the movements identified – or identifying themselves – as left-wing fail to measure up. What they truly are we […]
When the Left and the Right start behaving in the same way, there’s nothing left of the Left
Why did Austria-Hungary do so poorly in World War One? (Short Animated D…
23 Jan 2026 Leave a comment
in defence economics, war and peace Tags: World War I
Nathan Whetton: Civil Disobedience, Protest and the Jury Trial Reforms
23 Jan 2026 1 Comment
in economics of crime, law and economics, politics Tags: British constitutional law, British politics
On 2 December 2025, the Lord Chancellor and Deputy Prime Minister David Lammy announced significant reforms to criminal trials in England and Wales. Defending his proposals on the BBC Sunday programme on 4 January 2026, Lammy justified restricting jury trial on the basis of his strong sense of justice, explicitly pointing to the fact he had a photograph […]
Nathan Whetton: Civil Disobedience, Protest and the Jury Trial Reforms
Britain to extend life of ageing nuclear plants to keep the lights on
21 Jan 2026 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, nuclear energy
By Paul Homewood h/t Ian Cunningham From the Telegraph: Two of Britain’s oldest nuclear power plants could be kept running for an extra two years because of an acute electricity shortage in the UK.
Britain to extend life of ageing nuclear plants to keep the lights on
Yes Islamist terrorism is religiously inspired
21 Jan 2026 Leave a comment
in defence economics, economics of crime, economics of religion, law and economics, liberalism, war and peace Tags: regressive left, war against terror
A crazy article by Halim Rane at the ABC: In the aftermath of violent attacks, public commentary quickly reaches for a familiar label like “religiously motivated terrorism”. The term sounds intuitive but it is analytically flawed, socially harmful and counter-productive to both national security and social cohesion. I would argue that a more accurate and useful…
Yes Islamist terrorism is religiously inspired
Endangered Republicans at Yale
21 Jan 2026 Leave a comment
in economics of education, politics - USA Tags: academic bias
The NY Post reports: A recent report from the Buckley Institute found that there are no Republican faculty members across 27 departments at Yale University. … It found that nearly 83% of faculty are registered Democrats or primarily support Democratic candidates. More than 15% identify as independent, and fewer than 3% are Republicans, according to the report. Most notably, 27 of 43 undergraduate…
Endangered Republicans at Yale
Part II: Oxfam Is a Leftist Joke, not a Real Charity
20 Jan 2026 1 Comment
in applied price theory, development economics, economic growth, economic history, growth miracles, income redistribution, labour economics, liberalism, macroeconomics, Marxist economics, poverty and inequality, Public Choice, technological progress Tags: regressive left, The Great Enrichment
As I wrote nine years ago, Oxfam is a pathetic organization. Originally created to help the poor, it has been captured by activists who peddle class warfare. But they play that role in an incredibly sloppy fashion. In all the debates I’ve been part of over the years, no left-leaning academic has been willing to […]
Part II: Oxfam Is a Leftist Joke, not a Real Charity
Is there a British productivity comeback?
20 Jan 2026 Leave a comment
in applied price theory, econometerics, economic growth, economic history, industrial organisation, macroeconomics Tags: British disease
Let us hope: Britain is seeing early signs of a long-awaited turnaround of its productivity woes, according to an alternative measure that suggests output per hour worked has risen at a pace not seen since before the financial crisis. The Resolution Foundation said a “blistering” productivity surge has been masked by problems with official statistics and pointed…
Is there a British productivity comeback?
A functional organization helps Apple innovate
20 Jan 2026 1 Comment
in entrepreneurship, industrial organisation, managerial economics, organisational economics Tags: creative destruction
HBR: SUMMARY:THE CHALLENGE: Major companies competing in many industries struggle to stay abreast of rapidly changing technologies. ONE MAJOR CAUSE: They are typically organized into business units, each with its own set of functions. Thus the key decision makers—the unit leaders—lack a deep understanding of all the domains that answer to them.THE APPLE MODEL: The company is organized…
A functional organization helps Apple innovate
We’re still better off than ever before
18 Jan 2026 Leave a comment
in economic history, liberalism Tags: The Great Enrichment
Steven Pinker wrote at the Free Press: Human progress continues, with some backsliding. Since publishing two books on human progress (The Better Angels of Our Nature, 2011, and Enlightenment Now, 2018), every year I update my graphs on the major dimensions of human well-being. Most people think everything’s gotten worse, but that can be a misleading…
We’re still better off than ever before
AI, labor markets, and wages
18 Jan 2026 Leave a comment
in applied price theory, econometerics, economic growth, industrial organisation, labour economics, labour supply, macroeconomics, poverty and inequality Tags: creative destruction, pessimist bias
There is a new and optimistic paper by Lukas Althoff and Hugo Reichardt: Artificial intelligence is changing which tasks workers do and how they do them. Predicting its labor market consequences requires understanding how technical change affects workers’ productivity across tasks, how workers adapt by changing occupations and acquiring new skills, and how wages adjust…
AI, labor markets, and wages
‘Market Power in Antitrust Cases,’ by William M. Landes and Richard A. Posner
17 Jan 2026 Leave a comment
in applied price theory, economics of regulation, history of economic thought, industrial organisation, law and economics, politics - USA, Richard Posner Tags: competition law
William M. Landes and Richard A. Posner’s 1981 Harvard Law Review article “Market Power in Antitrust Cases” is a true classic. Showing the value of interdisciplinary work within the law & economics tradition, it brought real clarity to what “market power” means and how courts should assess it—cutting through vague labels like “monopoly power” and…
‘Market Power in Antitrust Cases,’ by William M. Landes and Richard A. Posner
Utopia, you are standing in it! 
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