Is Virginia Gov. Abigail Spanberger (D) a mole for the National Rifle Association (NRA)? After the recent scandal involving the…
The Spanberger Surge: Virginia Governor May Prove the Greatest Gun Influencer Since Charlton Heston
The Spanberger Surge: Virginia Governor May Prove the Greatest Gun Influencer Since Charlton Heston
16 Jun 2026 Leave a comment
in economics of crime, law and economics, politics - USA Tags: gun control
The Justification for Net Zero Has Vanished with the Demise of RCP8.5
16 Jun 2026 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
Any justification for Ed Miliband’s Net Zero climate policy, whether real or imaginary, has vanished with the official abandonment by the IPCC of the scariest concentration scenario RCP8.5. Even Tony Blair can now perceive that the pursuit of Net Zero is unwarranted and harmful to Britain. The post The Justification for Net Zero Has Vanished…
The Justification for Net Zero Has Vanished with the Demise of RCP8.5
Watermelon Economics
16 Jun 2026 Leave a comment
in development economics, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, poverty and inequality, Public Choice Tags: development aid, regressive left, taxation and entrepreneurship, taxation and investment, top 1%
Remember Thomas Piketty, the pro-class-warfare economist who is infamous for shoddy analysis and who also made a fool of himself by asserting back in 2023 that Javier Milei’s election in Argentina would lead to economic disaster? Yes, that Thomas Piketty. It turns out he’s also a “watermelon,” which is the derisive term for leftists who […]
Watermelon Economics
Quotation of the Day…
15 Jun 2026 Leave a comment
in economic history, history of economic thought, labour economics, labour supply, unions
Tweet… is from page 88 of Art Carden’s and Ilia Murtazasvili’s paper “W.H. Hutt: An Economist for the Twenty-First Century,” which is a chapter in 2026 book Unsung Heroes of the Market: The 24 Underrated Economists You Need to Know – a volume edited by Robert Whaples, Christopher Coyne, Gregory Robson, and Diana Thomas [original emphasis;…
Quotation of the Day…
Greg Ip Is Mistaken Again About U.S. Trade Deficits
15 Jun 2026 Leave a comment
in applied price theory, development economics, growth miracles, history of economic thought, industrial organisation, international economics, politics - USA Tags: free trade
TweetHere’s a letter to the Wall Street Journal. Editor: Writing about U.S. trade deficits, Greg Ip declares that “by exporting so much, China effectively forces its trading partners to run deficits” (“The Global Economy Is Threatened Again by Trade Imbalances,” June 12). Wrong. U.S. trade deficits occur whenever foreigners sell more to us than they…
Greg Ip Is Mistaken Again About U.S. Trade Deficits
Miliband comes for underfloor heating in net zero drive
14 Jun 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: British politics
By Paul Homewood h/t Ian Magness From the Telegraph: Ed Miliband will ban the sale of underfloor heating systems deemed to be using too much power in his latest net zero drive. The Energy Secretary has also set his sights on electric towel rails, gas fires and storage heaters, with plans for […]
Miliband comes for underfloor heating in net zero drive
Callaghan failure
14 Jun 2026 Leave a comment
in applied price theory, economics of bureaucracy, industrial organisation, politics - New Zealand, Public Choice, public economics, rentseeking, survivor principle, theory of the firm Tags: industry policy, picking losers
The Post reports: Nearly a third of the Callaghan Innovation’s $149 million Covid-era research and development loan book is in arrears, including $21.5m linked to 63 failed or insolvent businesses, as the agency enters its final months before disestablishment. Callaghan Innovation – a government entity set up to make businesses around the country more innovative…
Callaghan failure
The History of Greenpeace: The Evolution of Green Extremism
14 Jun 2026 Leave a comment
in economic history, economics of climate change, economics of crime, economics of regulation, energy economics, environmental economics, environmentalism, global warming, International law, law and economics, Marxist economics, politics - USA, property rights Tags: climate activists, nuisance suits
The era of unchecked “activism” that masks itself as science while practicing inhumane sabotage is reaching its end. We are witnessing the slow, painful process of reality catching up to the Greenpeace propaganda. And frankly, it’s about time. The post The History of Greenpeace: The Evolution of Green Extremism appeared first on Watts Up With…
The History of Greenpeace: The Evolution of Green Extremism
Has the risk premium for owning stocks disappeared?
14 Jun 2026 Leave a comment
Axios reported that the equity risk premium (ERP) — the extra return investors expect for holding risky stocks instead of safe Treasuries — has shrunk to almost nothing. A safe 10-year Treasury bond pays about 4.5%. Stocks, measured against the companies’ current earnings, return only about 3.7%. So right now the safe bond actually pays…
Has the risk premium for owning stocks disappeared?
Safety and nation-building in Mexico
14 Jun 2026 Leave a comment
in development economics, economic history, economics of crime, growth disasters, law and economics Tags: economics of prohibition, Mexico
That is the topic of my latest Free Press column, here is one excerpt: Consider the special nature of Mexican politics. First and foremost, Mexico is still not a mature nation-state. By one estimate, drug gangs may control as much as one-third of its territory. That might sound bizarre, but from the standpoint of Mexican history,…
Safety and nation-building in Mexico
A Quiet Rewrite That Could Shape a Thousand Climate Cases
14 Jun 2026 Leave a comment
in economics of regulation, law and economics, politics - USA, property rights
An under-the-radar legal switcheroo should concern every business leader, investor, and taxpayer in America. Now, 23 state attorneys general have taken notice and sent a letter to the Administrative Office of U.S. Courts that bolsters the efforts of three eminent scientists who sounded the alarm. The post A Quiet Rewrite That Could Shape a Thousand…
A Quiet Rewrite That Could Shape a Thousand Climate Cases
Piketty’s Eco-Marxist Utopia: Why Degrowth and Global Redistribution Will Trap the Poor in Poverty
13 Jun 2026 Leave a comment
in applied price theory, development economics, econometerics, economic growth, economic history, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, fiscal policy, global warming, human capital, income redistribution, industrial organisation, international economics, labour economics, labour supply, macroeconomics, Public Choice, public economics Tags: climate activists, climate alarmism, regressive left
The world’s poor deserve better than another utopia designed for them by the globalist intelligentsia. They deserve cheap energy, open markets, secure property rights, and the freedom to industrialise on terms they choose for themselves. That is what worked in East Asia. It is what will work in South Asia, Africa and Latin America. And…
Piketty’s Eco-Marxist Utopia: Why Degrowth and Global Redistribution Will Trap the Poor in Poverty
Dr Ruth—Holocaust Survivor, Sex Therapist and Sniper
13 Jun 2026 Leave a comment
in economic history, economics of education
Ruth Westheimer (June 4, 1928 – July 12, 2024), widely known as Dr. Ruth, was an American sex therapist, media personality, and author. The New York Times described her as a “Sorbonne-trained psychologist who became a cultural icon in the 1980s,” noting that she “ushered in a new age of freer, franker talk about sex […]
Dr Ruth—Holocaust Survivor, Sex Therapist and Sniper
Why Everything Feels More Expensive (hedonic adaptation)
12 Jun 2026 Leave a comment
in applied price theory, economic growth, economic history, economics of media and culture, macroeconomics
Middle-class Americans have more income than they did 50 years ago, but the squeeze is realBy Roland Fryer. He is a professor of economics at Harvard. Excerpts: “Before indicting the economy, consider what 50 years of growth actually delivered. The car in your driveway is far less likely to kill you than its 1975 counterpart—traffic fatalities…
Why Everything Feels More Expensive (hedonic adaptation)
A weird way of slicing the stats
12 Jun 2026 Leave a comment
in applied price theory, discrimination, econometerics, economic history, economics of education, human capital, labour economics, labour supply, occupational choice
Ages ago I supervised a superb Honours thesis, which turned into a Masters, looking at the lesbian wage premium. It showed up regularly in the US data: homosexual women earned more than heterosexual women – the opposite of the pattern that obtains for men. I was curious whether the difference could in part be due to…
A weird way of slicing the stats
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