Labour, Greens and the media would have you believe the changes to Holidays Act are some sort of assault on workers. In fact, they generally improve things for employees. The CTU, to be fair, has been quite balanced with their comments – unlike the hysteria from Labour and Greens. The case for change is massive. […]
Pro-worker changes to Holidays Act
Pro-worker changes to Holidays Act
23 Sep 2025 Leave a comment
in labour economics, labour supply, politics - New Zealand
Samuelson on forecasting as a vocation
23 Sep 2025 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, human capital, labour economics, macroeconomics, occupational choice Tags: forecasting errors
Two bits from Bill Maher’s latest show
23 Sep 2025 Leave a comment
in defence economics, economics of crime, law and economics, liberalism, Marxist economics, politics - USA, television, TV shows
Here are two short (ca. 7 minutes each) clips from Friday’s “Real Time” show with Bill Maher; watch ’em before they take them down. They’re both good–and larded with humor. The first is his opening monologue about the censorship and fear of American media. Maher points out that Jimmy Kimmel’s firing occurred exactly 24 years […]
Two bits from Bill Maher’s latest show
Intangible Capital and Measured Productivity
23 Sep 2025 Leave a comment
in business cycles, economic growth, economic history, global financial crisis (GFC), great recession, macroeconomics Tags: real business cycle theory
Families and friends on opposite sides in a war
23 Sep 2025 Leave a comment
in defence economics, politics - USA, war and peace Tags: American Civil War
This has some relevance to today’s wars. Families and friends who ended up on opposite sides in the U.S. Civil War (1861–1865) experienced some of the most painful consequences of the conflict. The war was not just between North and South—it cut across states, towns, and even households. Here’s what happened in different situations: Families […]
Families and friends on opposite sides in a war
A very British fudge
23 Sep 2025 1 Comment
in constitutional political economy, economic history, economics of bureaucracy, Public Choice Tags: British constitutional law, British politics
On September 10, 2022, Penny Mordaunt presided over the King’s Accession Council. Since then, there has been some confusion regarding the nature of her role. Was she Lord President or merely Acting Lord President? What seems like a straightforward question at first glance turns out to be surprisingly complex. Appointing the Lord President The […]
A very British fudge
Local government elections 2025 for a libertarian
23 Sep 2025 Leave a comment
in economics of bureaucracy, economics of regulation, environmental economics, environmentalism, law and economics, liberalism, libertarianism, Marxist economics, politics - New Zealand, property rights, Public Choice, transport economics, urban economics Tags: housing affordability, land supply, regressive left, zoning
Libertarians don’t like local government much, generally. While some aspire for maximum devolution, similar to Switzerland, so that most government power (outside defence, foreign affairs and border control) is at the more local level, that would require a transformational constitutional change. Switzerland works because its best and brightest get concentrated at the canton level, and…
Local government elections 2025 for a libertarian
Shane Jones is right
22 Sep 2025 1 Comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, regressive left
Te Pāti Māori and the Greens don’t care about crime in New Zealand
Shane Jones is right
Parliament and Politics in the Later Middle Ages
22 Sep 2025 Leave a comment
in constitutional political economy, economic history Tags: British constitutional law, British politics
Dr Simon Payling, of our 1461-1504 section, tracks the development of Parliament and Politics in the Later Middle Ages, from its Anglo-Saxon roots to the more formal split between the House of Commons and House of Lords that we recognise today… All long-lived institutions have their antecedents, and the antecedents of Parliament (or, perhaps more […]
Parliament and Politics in the Later Middle Ages
California Dems Scramble To Boost Oil Production After Running Refiners Out Of Town
22 Sep 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA
“After years of pushing radical climate policies that punished working families, Governor Newsom is finally waking up to what Californians need, he’s now scrambling to secure the very fossil fuels he tried to eliminate,” CEO of the American Energy Institute Jason Isaac told the Daily Caller News Foundation previously. “This sudden embrace of petroleum isn’t leadership, it’s survival. California’s energy future depends on realism, not green delusions.”
California Dems Scramble To Boost Oil Production After Running Refiners Out Of Town
Just War Theory: Before, During, and After
21 Sep 2025 1 Comment
in defence economics, International law, laws of war, war and peace
Just War Theory is a moral framework for evaluating the resort to war, conduct in war, and responsibilities after war. It seeks a middle path between pacifism (which rejects war) and realism (which treats war as beyond morality), arguing that war, though tragic, can sometimes be morally justified and must always be morally constrained. Classically […]
Just War Theory: Before, During, and After
Porsche delays new electric car after demand slump
21 Sep 2025 Leave a comment
in economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, industrial organisation, survivor principle Tags: electric cars, Germany
By Paul Homewood h/t Ian Magness From the Telegraph: Porsche has delayed the launch of its new electric vehicle (EV) as weak demand forces the German car manufacturer to focus on petrol and diesel engines.
Porsche delays new electric car after demand slump
Milton Friedman Did Not Concoct a False Image of Adam Smith
21 Sep 2025 Leave a comment
in Milton Friedman, history of economic thought, Adam Smith
TweetHere’s a letter to the Wall Street Journal. Editor: Glory Liu argues that, in reality, Adam Smith wasn’t as favorably disposed to free markets as Milton Friedman portrayed him as being (“Adam Smith Is Known for His ‘Invisible Hand’ Theory. The Truth Is More Complex.” September 13). Her evidence for this thesis is thin. While,…
Milton Friedman Did Not Concoct a False Image of Adam Smith
German political parties remain too far from the median voter
21 Sep 2025 Leave a comment
in international economic law, international economics, International law, labour economics, labour supply, politics, Public Choice Tags: economics of immigration, Germany
Our estimates indicate that the AfD’s vote share would shrink by as much as 75% if the CDU adopted its immigration stance. These results suggest that the electoral success of populist parties is strongly linked to genuine policy preferences, rather than being driven solely by dissatisfaction with political elites or protest voting. That is from […]
German political parties remain too far from the median voter
In defence of inequality
20 Sep 2025 Leave a comment
in economics of education, human capital, poverty and inequality
An excellent speech by the President of the University of Austin on inequality: But on the heels of America’s quarter-millennium since the Declaration of Independence, I want to do something a bit unfashionable: I want to defend inequality. Of course, all men are created equal. But all men are not the same. We have unequal…
In defence of inequality
Utopia, you are standing in it! 
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