The growth of industry disrupted old economic patterns but produced undreamed-of wealthBy Phil Gramm and Michael Solon. Excerpts:”From the colossal changes wrought by the Industrial Revolution to the Digital Revolution of the last quarter-century, improvements in technology have created an array of jobs that far exceeded—in quantity and quality—the ones eliminated, elevating standards of living.””the…
The AI Revolution Will Bring Prosperity
The AI Revolution Will Bring Prosperity
12 Nov 2025 Leave a comment
in applied price theory, economic history, entrepreneurship, history of economic thought Tags: creative destruction
Don Brash’s Oxford Union speech
11 Nov 2025 1 Comment
in defence economics, development economics, economic history, history of economic thought, law and economics, politics - New Zealand, property rights Tags: economics of colonialism
The House believes that the Sun should never have set on the British Empire Don Brash says – Mr/Madame President, I speak in opposition to the motion. But I also want to acknowledge at the outset that the British Empire did more good things for more people than any other empire in human history.
Don Brash’s Oxford Union speech
MPs and the Second World War
11 Nov 2025 Leave a comment
in defence economics, war and peace Tags: World War II
Ahead of Remembrance Day, and with 2025 marking 80 years since the end of the Second World War, Dr Kathryn Rix, Assistant Editor of our House of Commons, 1832-1945 project, follows up her series on MPs and the First World War by looking at the 23 MPs commemorated in the Commons chamber who died during […]
MPs and the Second World War
“Monsieur Klein” — Identity, Complicity, and Bureaucratic Terror
11 Nov 2025 Leave a comment
in defence economics, movies, war and peace Tags: France, Nazi Germany, The Holocaust, World War II
Alain Delon would have celebrated his 90th birthday today. Sadly, he passed away last year, leaving behind a legacy that forever shaped European cinema — and, to a certain extent, Hollywood as well. Known for his striking screen presence, enigmatic charm, and unforgettable roles, Delon stood as one of the true icons of 20th-century film. […]
“Monsieur Klein” — Identity, Complicity, and Bureaucratic Terror
*Violent Saviors*
11 Nov 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, growth disasters, growth miracles, history of economic thought, international economics Tags: economics of colonialism 0
That is the new William Easterly book, and the subtitle is The West’s Conquest of the Rest. I liked this book very much, but found the title and also book jacket and descriptions misleading. I think of this work as a full-throated examination and study of the classical liberal anti-imperialist tradition. We have been needing […]
*Violent Saviors*
ANNAPOLIS GOES TO WAR: THE NAVAL ACADEMY CLASS OF 1940 AND ITS TRIAL BY FIRE IN WORLD WAR II by. Craig L. Symonds
10 Nov 2025 Leave a comment
in defence economics, war and peace Tags: World War II
(An aerial view of the U.S. Naval Academy, looking northeast, mid-1930s) In the tradition of Robert Timberg’s THE NIGHTINGALE’S SONG, Bill Murphy, Jr.’s IN A TIME OF WAR: THE PROUD AND PERILOUS JOURNEY OF WEST POINT CLASS 0F 2002, Rick Atkinson’s THE LONG GRAY LINE: THE AMERICAN JOURNEY OF WEST POINT CLASS OF 1966 and […]
ANNAPOLIS GOES TO WAR: THE NAVAL ACADEMY CLASS OF 1940 AND ITS TRIAL BY FIRE IN WORLD WAR II by. Craig L. Symonds
BBC Finds Presenter in Violation of Network Standards in Correcting “Pregnant People” Reference on Air
09 Nov 2025 Leave a comment
in discrimination, economics of education, gender, television Tags: free speech, media bias, political correctness, regressive left, sex discrimination
There is a controversy at the BBC over a correction made by presenter Martine Croxall on air when she changed a reference to “pregnant people” to “women.” The network later received 20 complaints and agreed that Croxall had violated network policies. (For full disclosure, I previously worked as the legal analyst for BBC).
BBC Finds Presenter in Violation of Network Standards in Correcting “Pregnant People” Reference on Air
Some Links
09 Nov 2025 Leave a comment
in applied price theory, economics of education, human capital, labour economics, labour supply, politics - USA
TweetPhil Magness and Mike Ferguson discuss the recent oral arguments in the U.S. Supreme Court case against Trump’s use of IEEPA to impose tariffs. National Review‘s Dan McLaughlin dives deeply into what’s now on the U.S. Supreme Court’s plate regarding Trump’s IEEPA tariffs. Two slices: There are, however, two related problems for the government with…
Some Links
BBC to review bias in climate change coverage
09 Nov 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, television Tags: climate alarmism, media bias
By Paul Homewood The BBC’s Editorial Guidelines and Standards Committee will investigate the BBC’s reporting of climate change, following the latest scandal of their fraudulent doctoring of Trump’s speech: From the Telegraph: A catalogue of corrections: The BBC’s climate change reporting Corporation will conduct ‘thematic review’ of coverage after internal dossier reveals claims […]
BBC to review bias in climate change coverage
Supreme Court Issues Major Opinion on Transgender Identity and the Trump Passport Policy
09 Nov 2025 Leave a comment
in discrimination, economics of education, gender, law and economics, politics - USA, property rights Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
In a significant win for the Trump Administration, the United States Supreme Court issued an opinion on Thursday afternoon on the Trump Administration’s requirement that passport holders use their sex assigned at birth and that such requirements do not violate equal protection guarantees. While a brief, unsigned opinion issued on the interim docket, it represents […]
Supreme Court Issues Major Opinion on Transgender Identity and the Trump Passport Policy
Revolution in Germany – Armistice in Austria I THE GREAT WAR Week 224
08 Nov 2025 Leave a comment
in defence economics Tags: World War I
How advanced was Māori civilisation?
07 Nov 2025 Leave a comment
in economic history, politics - New Zealand Tags: anthropology
David Farrar writes – Something I have been interested in is trying to get a better understanding of what life was like for Maori in New Zealand before Abel Tasman made contact in 1642. By then Maori had been in New Zealand for around 400 years. Some people dismiss Maori civilisation back then as Stone […]
How advanced was Māori civilisation?
Be careful what you wish for – new cost-benefit analysis paves paradise
07 Nov 2025 Leave a comment
in applied price theory, applied welfare economics, politics - New Zealand, transport economics, urban economics
Eric Crampton writes – Sometimes, policy work is like wishing on a cursed wish-granting monkey’s paw. Like the one in the old Alfred Hitchcock Hour episode, later parodied in The Simpsons. Wish on the paw, one of the paw’s extended fingers will curl, and your wish will come true. But not in the way you’d wanted. […]
Be careful what you wish for – new cost-benefit analysis paves paradise
An Economist’s Case for Liberty | David Friedman
07 Nov 2025 Leave a comment
in applied price theory, comparative institutional analysis, David Friedman, economics of bureaucracy, economics of information, economics of regulation, history of economic thought, income redistribution, law and economics, libertarianism, market efficiency, Milton Friedman, property rights, Public Choice, rentseeking
Economists on the Trump Tariffs Supreme Court Case
07 Nov 2025 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of bureaucracy, income redistribution, international economic law, international economics, International law, politics - USA, Public Choice Tags: free trade, tarrifs
It seems as if a few times every week, I see a headline about President Trump announcing a new tariff or repealing a tariff, sometimes involve many countries and sometime just a few. However, it is not at all clear that any president has a right to alter tariffs. This question was raised before Trump…
Economists on the Trump Tariffs Supreme Court Case
Utopia, you are standing in it! 
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