Celebrating humanity's flourishing through the spread of capitalism and the rule of law
05 Apr 2026 Leave a comment
in applied price theory, economics of regulation, labour economics, labour supply, law and economics, Richard Epstein
Tweet… is from page 162 of Richard Epstein’s magnificent 1995 volume, Simple Rules for a Complex World: The entire regulatory process [of wrongful dismissal of workers] shows the constant preoccupation with the direct effects of decisions on named persons, without regard to the vastly greater indirect effects on other persons similarly situated. The effort to…
Quotation of the Day…
04 Apr 2026 Leave a comment
in defence economics, politics - USA, war and peace Tags: Iran
I did not expect to see a column in Al Jazeera saying that the US and Israel war against Iran is succeeding, but there is. The author, Muhammad Sellom, is an Assistant Professor of International Politics and Security at the Doha Institute for Graduate Studies. He writes: When you look at what has actually happened…
An interesting Al Jazeera column
04 Apr 2026 Leave a comment
in economics of media and culture, economics of regulation, industrial organisation, politics - New Zealand
The Broadcasting Standards Authority announced: The Broadcasting Standards Authority has confirmed it has jurisdiction to consider a complaint about content transmitted by an online broadcaster. In a decision published today, the Authority determined it can accept, and is required to consider under the Broadcasting Act, complaints about The Platform’s Live Talkback programme, because the programme meets…
Abolish the BSA
04 Apr 2026 Leave a comment
in applied price theory, Austrian economics, economic history, history of economic thought, labour economics, labour supply, Murray Rothbard, welfare reform
SummaryThis chapter, on “Welfare and the Welfare State,” argues that the welfare state gives the poor perverse incentives. A superficial reader might say, “However original this was in 1973 when it was first written, it’s now old hat. Clinton made the same arguments for welfare reform.” However, on closer examination, Rothbard’s analysis remains distinctive both…
Bet On It Book Club: For a New Liberty, Chapter 8
03 Apr 2026 Leave a comment
in labour economics, labour supply, occupational choice, occupational regulation, politics - New Zealand Tags: nanny state
Bob Edlin writes – The Green Party has brought its promotion of diversity into question by deciding not to select a former sex worker as a candidate. It denies the decision has nothing to do with her background but has not explained why she did not pass muster with the party big-wigs who make these […]
Diversity has its limits: Georgina Beyer made it as a Mayor and MP but the Greens bar Bianca Beebe
03 Apr 2026 Leave a comment
in macroeconomics, monetary economics, politics - New Zealand
The Bank of England has announced that they plan to replace famous historical figures from their banknotes, and replace them with cute animals. No I’m not joking. They cite a poll and the fact animals are harder to counterfeit. Their current notes are: All great choices – their most famous PM, author, painter and mathematician.…
Keep history on bank notes
03 Apr 2026 Leave a comment
in applied price theory, history of economic thought
I am offering a new piece of work — I do not quite call it a book — online and free. It has four chapters, is about 40,000 words, is fully written by me (not a word from the AIs), and it is attached to an AI with a dual page display, in this case…
*The Marginal Revolution: Rise and Decline, and the Pending AI Revolution*
02 Apr 2026 Leave a comment
in Austrian economics, budget deficits, business cycles, economic growth, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, labour economics, macroeconomics, monetarism, unemployment
TweetPrager University’s new short video on the Great Recession was inspired by Chapter 5 of Phil Gramm’s and my 2025 book, The Triumph of Economic Freedom. The post On the Great Recession appeared first on Cafe Hayek.
On the Great Recession
02 Apr 2026 Leave a comment
in economics of regulation, health economics, politics - New Zealand Tags: nanny state
Stuf reported: Government proposes sweeping changes to alcohol laws The changes are far from sweeping. They are good, and tidy up some stupid stuff, but it is not a major change. As I said, all pretty minor but useful changes. It is good that someone living in Auckland can’t object anymore to an application in…
Not sweeping, but good
02 Apr 2026 Leave a comment
in discrimination, gender, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
There was an interesting decision from the Ohio Court of Appeals last week on parental rights and transgender identity. In…
Ohio Court Rejects View that Rejecting a Child’s Gender Change is Evidence of Parental Unfitness
01 Apr 2026 Leave a comment
in applied price theory, econometerics, entrepreneurship, financial economics
That all sounded wonderful, and that core model and its offshoots dominated financial research for decades. The problem, however, was that it wasn’t true, or at least it wasn’t nearly as true as we had thought and hoped. When financial economists refined the models with more complete specifications, it turned out Beta didn’t predict stock…
Is financial economics still economics?
01 Apr 2026 Leave a comment
in law and economics, politics - New Zealand, property rights
Guest Post By Ivan Barnett To all readers, I have put this document together in the hope that it may be useful to others who are facing similar issues in their own districts. I have researched the material carefully and done my best to present it clearly and accurately. I am a retired dry‑land farmer, […]
THE CORE LEGAL TRUTH: IWI HAVE NO REGULATORY AUTHORITY OVER PRIVATE LAND
01 Apr 2026 Leave a comment
in defence economics, economics of education, economics of information, economics of media and culture
Martin Cruz Smith (1942 to 2025) was a prolific author of mystery and suspense fiction, publishing over 30 novels. He was best known for his 11-book series featuring Russian investigator Arkady Renko, who was introduced in 1981 with ‘Gorky Park’ and last appeared in ‘Hotel Ukraine’. ‘Gorky Park’ was made into a successful Hollywood movie […]
Martin Cruz Smith reviews
01 Apr 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power
The fossil fuel foundation of wind, solar, and batteries
“Renewables” are not Renewable
01 Apr 2026 Leave a comment
in applied price theory, econometerics, health economics Tags: health insurance
Health care spending had been a rising share of US GDP for decades, but since about 2010, the rate of increase seemed to level out. David M. Cutler and Lev Klarnet address “Has the United States bent the health care cost curve?” (Brookings Papers on Economic Activity, Spring 2026, readable overview of paper at link, including a…
Bending the Curve of Health Care Costs (At Last?)
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
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
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
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
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
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Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
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
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
Articles and research from the History of Parliament Trust
Reflections on books and art
Posts on the History of Law, Crime, and Justice
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Exploring the Monarchs of Europe
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Small Steps Toward A Much Better World
“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.
Utopia, you are standing in it! 
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