Celebrating humanity's flourishing through the spread of capitalism and the rule of law
13 Dec 2025 Leave a comment
in economic history, politics - USA
On December 2, 1845, U.S. President James K. Polk addressed Congress, advocating for the aggressive westward expansion of the United States—a philosophy widely known as “Manifest Destiny.” I first encountered the term in the 1970s when I heard it mentioned in Redbone’s song Wounded Knee. For years, however, I misheard the lyrics, thinking they sang […]
The Legacy of Manifest Destiny: America’s Ambitious—and Controversial—Dream
12 Dec 2025 Leave a comment
in economics of bureaucracy, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice, public economics, sports economics Tags: constitutional law, takings
Oliver Hartwich writes – Let me state this clearly at the outset: I have never placed a bet on a greyhound. I have never owned a greyhound. If I were a dog, I would likely prefer a soft sofa to a hard track. I am not writing this because I have a passion for racing, […]
Greyhound racing law change is legal overreach
12 Dec 2025 Leave a comment
in defence economics, television, TV shows, war and peace Tags: World War II
“Who do you think you are kidding Mr Hitler” is the first line of the theme of the British sitcom Dad’s Army. A truly hilarious show. I remember one episode where Capt Mainwaring is telling a story how he met an Australian soldier. He had asked him “Did you come here to die?” whereupon the […]
Dads Army- The British home guard
12 Dec 2025 Leave a comment
in economics of crime, environmental economics, environmentalism, law and economics, politics - USA, property rights Tags: constitutional law
Greenpeace appears to think European courts have pre-eminence over US courts, even for events which happened in the USA.
Greenpeace Asks a DUTCH Court to Overturn a $345 Million Dakota Pipeline Judgement
11 Dec 2025 Leave a comment
in applied price theory, economics of regulation, law and economics, politics - New Zealand, property rights
11 Dec 2025 Leave a comment
in fiscal policy, macroeconomics, politics - New Zealand
Media have reported that there may be a debate between Nicola Willis and Ruth Richardson over fiscal policy. I thought it would be useful to lay out what I see as the key fiscal problem, and put context around it. Now I’m not unbiased here. Nicola I regard as a long standing friend. We were…
Defending Nicola, and critiquing her
11 Dec 2025 Leave a comment
in law and economics, politics - New Zealand
Stuff reported: Te Pāti Māori MP Mariameno Kapa-Kingi has been reinstated after an interim judgment by the High Court. The Te Tai Tokerau MP had sought the injunction against her party’s decision to expel her, claiming her expulsion breached numerous parts of the constitution. On Friday, Justice Paul Radich confirmed to Stuff that Kapa-King should be reinstated…
Not surprised TPM lost the injunction
11 Dec 2025 Leave a comment
in economics of education, law and economics Tags: creative destruction
Below is my column in The Hill on the decline of the American Bar Association and the move in various…
The Rise and Fall of the American Bar Association
11 Dec 2025 Leave a comment
in economics of crime, law and economics, Music
This blog provides a structured psychological overview of Mark David Chapman, the individual responsible for the 1980 murder of musician John Lennon. Drawing upon documented interviews, legal testimony, and secondary analyses from criminology and psychology scholars, the essay examines key psychological themes associated with Chapman, including identity instability, obsessive ideation, parasocial attachment, and the role […]
Inside the Mind of Mark David Chapman-John Lennon’s Killer: A Psychological Profile
11 Dec 2025 Leave a comment
in applied price theory, econometerics, economic history, financial economics, politics - USA, Public Choice
Using transaction-level data on US congressional stock trades, we find that lawmakers who later ascend to leadership positions perform similarly to matched peers beforehand but outperform them by 47 percentage points annually after ascension. Leaders’ superior performance arises through two mechanisms. The political influence channel is reflected in higher returns when their party controls the…
Congressional leadership is corrupt
11 Dec 2025 Leave a comment
in budget deficits, fiscal policy, macroeconomics, politics - New Zealand, Public Choice, public economics
Eric Crampton writes – StatsNZ has put up its year-end accounts for the government, split out across functional areas. Their data goes back to 2009 in the main table; I’m sure earlier data’s available somewhere in Infoshare. But sticking with the Excel sheet they’ve provided, we can lob in June-year population statistics and June quarter […]
The state of the books
11 Dec 2025 Leave a comment
in economic growth, history of economic thought, macroeconomics
The post Three Nobel lectures in economic science appeared first on Marginal REVOLUTION.
Three Nobel lectures in economic science
10 Dec 2025 Leave a comment
in discrimination, politics - New Zealand Tags: racial discrimination
It is interesting to look at the list of Maori MPs who have won general electorates in NZ. The list is: So the breakdown by party is: Of Labour’s nine Maori MPs who won an electorate seat, five of them were in the 2020 landslide. Prior to that there had been only four. Just four…
Why does Labour select so few Maori for winnable general seats?
10 Dec 2025 Leave a comment
in applied price theory, econometerics, economic growth, economic history, fiscal policy, labour economics, macroeconomics, politics - New Zealand
In a post last week I included this chart of the latest annual OECD data on labour productivity, expressed in PPP terms. It was grim, in a familiar sort of way. New Zealand’s overall economic performance has long been poor (the halcyon days when New Zealand was in the top 3 in the world relegated […]
Productivity growth (or lack of it)
10 Dec 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - USA, Public Choice Tags: constitutional law
As I discussed in yesterday’s coverage of the oral arguments in Trump v. Slaughter, the argument went poorly for those…
Humphrey’s Estate and Jackson’s Experts: Supreme Court Justice Offers Surprising View of the Separation of Powers
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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