Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Sep 2025 Leave a comment
in discrimination, politics - New Zealand Tags: Israel, political correctness, racial discrimination
Karin Horen is standing for the Takapuna Local Board. As you can see she was on the “A fresh approach” ticket. But they have dropped her suddenly. Why? Because Karin is Jewish. She was born in Israel and like all Israeli citizens served in her youth in the IDF, over 30 years ago. She has […]
Local body ticket drops Jewish candidate due to threats
28 Sep 2025 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, history of economic thought, macroeconomics, monetary economics
27 Sep 2025 Leave a comment
in applied price theory, economic history, economics of regulation, industrial organisation, law and economics, politics - USA, theory of the firm Tags: competition law
Eric Crampton writes – A lot of changes are coming in competition policy. Last week, the government announced a package of reforms that, overall, set the Commerce Commission on a more activist tack. One proposed reform will align New Zealand more closely with Australia’s regime, guarding against so-called ‘killer acquisitions’.
Not-so-killer acquisitions
26 Sep 2025 Leave a comment
in defence economics, International law, politics - Australia, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, war against terror, West Bank
Steven Gaskell writes – Australia’s Labor government has made a historic move: it has formally recognised the State of Palestine. Foreign Minister Penny Wong framed the decision as a step towards peace and a two-state solution. The headlines blared “Australia recognises Palestine” but almost none of the mainstream outlets bothered to mention the fine print. […]
Australia Recognises Palestine – But With Strings Attached the Media Won’t Tell You About
26 Sep 2025 Leave a comment
in applied price theory, economic growth, entrepreneurship, fiscal policy, human capital, labour economics, labour supply, macroeconomics, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
From a big-picture economic perspective, I worry most about the damage of high tax burdens on innovation, entrepreneurship, and investment. Those are things that generate enormous benefits for society, yet also things that are very sensitive to bad tax policy (specifically high marginal tax rates and the tax code’s bias against saving and investment). Sadly, […]
Part I: Yes, Taxes Change Behavior
26 Sep 2025 1 Comment
in applied price theory, managerial economics, organisational economics, personnel economics
Economists have been thinking for a long time about the operation of buying and selling in markets. However, they have traditionally spent less time studying what happens inside a firm–a setting in which forces of supply and demand are replaced by managerial decision-making. Anyone who has had both a good boss and bad boss knows…
What Do Managers Do?
26 Sep 2025 1 Comment
in applied price theory, defence economics, development economics, economic history, economics of regulation, industrial organisation, international economics Tags: trade sanctions
The exercise of US foreign policy (along with the European Union and the United Nations) has been increasingly characterized by the use (or threat) of trade sanctions. What do we know about how such sanctions work? Gabriel Felbermayr, T. Clifton Morgan, Constantinos Syropoulos, and Yoto V. Yotov review the evidence in “Economic Sanctions: Stylized Facts…
Economics of Trade Sanctions
25 Sep 2025 1 Comment
in applied price theory, human capital, income redistribution, labour economics, labour supply, occupational choice, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
The super-rich are super-mobile. So, if a country decides to increase taxes on the super-rich (for example, with a wealth tax), some (but not all) of the super-rich will simply move elsewhere. This should not be a surprise to anyone. And yet, simplistic proposals to tax the super-rich are a favourite policy for some political…
Newsflash! The super-rich are mobile, and higher taxes incentivise them to move away
25 Sep 2025 1 Comment
in constitutional political economy, development economics, economic history, politics - New Zealand Tags: Age of Discovery, age of empires, economics of colonialism
It is striking how often the loudest voices in New Zealand’s race debate come from those who have the faintest connection to being Māori. The same individuals who enjoy cushy jobs and generous salaries often exploit a sliver of Māori ancestry to advance themselves, however they spend their days decrying colonisation as if it were…
Colonisation was liberation
25 Sep 2025 Leave a comment
in economics of bureaucracy, inflation targeting, macroeconomics, politics - New Zealand, Public Choice
A couple of weeks ago the editor of Central Banking magazine (something of an house journal for central bankers, and for whom I’ve done book reviews for some years) invited me to write a fairly full article for a non-NZ audience on the extraordinary events of recent months. Having been so caught up in the […]
Article for Central Banking magazine on Orr/Quigley/Willis saga, and lessons
25 Sep 2025 Leave a comment
in applied price theory, development economics, economic history, growth disasters, growth miracles, history of economic thought, Marxist economics Tags: East Germany, economics of central planning, West Germany
24 Sep 2025 1 Comment
in applied price theory, econometerics, economic growth, economic history, entrepreneurship, human capital, international economics, labour economics, labour supply, macroeconomics, politics - USA Tags: economics of immigration
From 1990 to 2010, rising numbers of H-1B holders caused 30–50 percent of all productivity growth in the US economy. This means that the jobs and wages of most Americans depend in some measure on these workers. The specialized workers who enter on this visa fuel high-tech, high-growth sectors of the 21st century economy with skills like computer […]
Michael Clemens on H1-B visas
24 Sep 2025 Leave a comment
in economics of education, human capital, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics
In the halcyon days of 2015-19, openings on the economics job market hovered at around 1900 per year. In 2020, Covid was a major shock, but the market bounced back quickly in 2021 and 2022. Since then, though, the market has clearly been in a funk. 2023, my job market year, saw a sudden dip […]
The evolution of the economics job market
24 Sep 2025 1 Comment
in economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: climate alarmism
Brian C. Joondeph writes at American Thinker, CO2 Alarmism: Science or Superstition? Excerpts in italics with my bolds and added images. When Americans hear about carbon dioxide (CO2), it’s often shown as a harmful pollutant that threatens the planet. Politicians, activists, and media outlets warn that if we don’t reduce emissions right away, disaster will […]
Climate Alarmism: Not Science, But Superstition
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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