Tweet… is from page 45 of Milton & Rose Friedman’s great 1980 book, Free To Choose: Another source of “unfair competition” is said to be subsidies by foreign governments to their producers that enable them to sell in the United States below cost. Suppose a foreign government gives such subsidies, as no doubt some do.…
Quotation of the Day…
Quotation of the Day…
01 Jul 2025 Leave a comment
in applied price theory, income redistribution, international economics, politics - USA, Public Choice, rentseeking Tags: tarrifs
The End is Nigh: Liberal Justices Predict “Chaos” and the Demise of Public Education Without Mandatory LGBTQ Material
30 Jun 2025 Leave a comment
in economics of education, economics of religion, politics - USA
Below is my column in The Hill on the ruling in Mahmoud v. Taylor in favor of parents who want to withdraw their children from LGBTQ lessons in public schools. I agreed with the majority, but it was Justice Sonia Sotomayor’s dissent (joined by Justices Kagan and Jackson) that was the most striking in its […]
The End is Nigh: Liberal Justices Predict “Chaos” and the Demise of Public Education Without Mandatory LGBTQ Material
‘Outright Massacre’: Senate GOP Takes Sledgehammer To Biden’s Green Energy Subsidies
30 Jun 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, fiscal policy, global warming Tags: solar power, wind power
The Senate dealt a series of blows to solar and wind energy in the latest version of President Donald Trump’s “big, beautiful” bill — taking a page out of House Republicans’ playbook to crack down on green energy tax credits enacted under former President Joe Biden.
‘Outright Massacre’: Senate GOP Takes Sledgehammer To Biden’s Green Energy Subsidies
Greg Mankiw on Modern Monetary Theory
30 Jun 2025 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economics of education, fiscal policy, macroeconomics, monetary economics Tags: cranks, monetary policy
Modern Monetary Theory (MMT) had a real moment in the spotlight in the late 2010s, with political support in the US from Presidential hopefuls Bernie Sanders and Alexandria Ocasio-Cortez. However, mainstream economists mostly didn’t understand it, or ridiculed it, or both. I mostly ignored the detail of it, only picking up what I knew about it from…
Greg Mankiw on Modern Monetary Theory
German Police Conduct Nationwide Crackdown on Citizens Accused of Online Speech Crimes
30 Jun 2025 1 Comment
in economics of crime, law and economics, politics Tags: free speech, Germany, political correctness, regressive left
This month, the German Federal Criminal Police Office (BKA) conducted a nationwide search for citizens accused of committing speech crimes. The annual crackdown is part of Germany’s robust censorship and speech criminalization policies. As European Union censors seek to expand the reach of laws like the Digital Services Act (DSA), all Americans need see the […]
German Police Conduct Nationwide Crackdown on Citizens Accused of Online Speech Crimes
The Run For The Baku Oil Fields I THE GREAT WAR Week 205
30 Jun 2025 Leave a comment
in defence economics, energy economics, war and peace Tags: World War I
In the Guardian, Sally Rooney defends violent extremist group
29 Jun 2025 1 Comment
in defence economics, law and economics, laws of war, liberalism, Marxist economics, war and peace Tags: Gaza Strip, Israel, media bias, Middle-East politics, regressive left, war against terror
Written by Georgia Leigha Gilholy Much about Sally Rooney is impressive. Her books have smashed literary records, and their adaptations have been streaming sensations. Her debut novel was published when she was just 26. She is one of the most translated contemporary authors, and her works are available in 46 languages. Hebrew, however, is no […]
In the Guardian, Sally Rooney defends violent extremist group
Vaccines matter
29 Jun 2025 Leave a comment
in economic history, health economics Tags: anti-vaccination movement, cranks, vaccines
Nurses who killed.
29 Jun 2025 Leave a comment
in defence economics, economics of crime, law and economics, war and peace Tags: Nazi Germany, The Holocaust, World War II
Anyone who ever had to go through a medical procedure will know how important the job of a nurse is. When you arrive at the medical facility it is usually a Nurse who sees you first, A nurse will care for you set you mind at ease, often they get to do the mots horrible […]
Nurses who killed.
The Chilling Jurisprudence of Justice Ketanji Brown Jackson
28 Jun 2025 Leave a comment
in law and economics, politics - USA Tags: constitutional law
Below is my column in the New York Post on the controversial dissenting opinion of Justice Ketanji Brown Jackson in the injunction ruling in Trump v. CASA on Friday. The opinion seemed to fan the flames of “democracy is dying” claims of protesters, suggesting that basic limits on injunctive relief could result in the collapse […]
The Chilling Jurisprudence of Justice Ketanji Brown Jackson
Impressive intelligence operation
28 Jun 2025 Leave a comment
in defence economics, war and peace Tags: Iran, Israel, Middle-East politics, war against terror
The Daily Wire reports: Israeli secret service operatives used a fake phone call to trigger what appeared to be an “emergency meeting” among Iran’s top military leaders — and then targeted the location of the meeting. Amit Segal told the Call Me Back podcast on Monday: “What Israel did was create a fake phone call for 20 […]
Impressive intelligence operation
Why “cheaper” solar raises costs. Part II: The hidden costs of residential solar
28 Jun 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power
Residential solar follows a similar pattern: it seems affordable for homeowners, but raises system costs through rate structures that over-incentivize adoption. Generous subsidies, like retail-rate net metering, drive excessive solar growth, risking grid stability and shifting costs to non-solar customers that are often less affluent.
Why “cheaper” solar raises costs. Part II: The hidden costs of residential solar
Bad Economic History Fuels Bad Present-Day Economic Policies
28 Jun 2025 1 Comment
in applied price theory, Austrian economics, comparative institutional analysis, development economics, economic history, history of economic thought, income redistribution, industrial organisation, international economics, liberalism, politics - USA, Public Choice
TweetAt CapX, I explain what motivated Phil Gramm and me to write our book, The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism. A slice: Likewise with America’s own industrial revolution, the ‘Gilded Age’. American schoolchildren are taught that the final third of the 19th century witnessed John D. Rockefeller and…
Bad Economic History Fuels Bad Present-Day Economic Policies
Vaccines rule
28 Jun 2025 1 Comment
in health economics Tags: anti-vaccination movement, The Great Escape, vaccines
The Icarian Gene: The Rise and Fall of the Expert Class
27 Jun 2025 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, free speech, political correctness, regressive left
The warning was stark. At issue was a privileged class that has long dictated policy despite countervailing public opinion. At issue, the luminary warned, is nothing short of democracy itself. No, it was not the continued rallies of Sen. Bernie Sanders (I., VT) to “fight oligarchy.” It was Justice Clarence Thomas rallying his colleagues to […]
The Icarian Gene: The Rise and Fall of the Expert Class
Utopia, you are standing in it! 
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