Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Jun 2025 Leave a comment
in defence economics, industrial organisation, war and peace Tags: Iran, Israel, media bias, Middle-East politics, war against terror
In the early hours of June 17th the BBC News website published a report by David Gritten headlined “Israel bombs Iran state TV during live broadcast” which opens as follows: [emphasis added] “Israeli aircraft have struck the headquarters of Iran’s state broadcaster in Tehran, after the Israeli military told residents of the area of the […]
Omissions in BBC report about strike on Iran state TV building
18 Jun 2025 1 Comment
in applied price theory, defence economics, econometerics, economic growth, economic history, financial economics, macroeconomics, market efficiency, politics - USA, war and peace Tags: efficient markets hypothesis, World War II
LPL Financial analyzed 25 major geopolitical episodes, dating back to Japan’s 1941 attack on Pearl Harbor. “Total drawdowns around these events have been fairly limited,” Jeff Buchbinder, LPL’s chief equity strategist, wrote in a research note on Monday. (Full recoveries often “take only a few weeks to a couple of months,” he added.) Deutsche Bank analysts […]
Markets are forward-looking
18 Jun 2025 Leave a comment
in constitutional political economy, economic history, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
The government has drawn a line in the sand on sovereignty: Treaty Negotiations Minister Paul Goldsmith says the Government will not agree to Treaty settlements that dispute whether the Crown is now sovereign. Goldsmith made the comments to the Māori Affairs select committee this morning amid ongoing negotiations with East Coast iwi Te Whānau-ā-Apanui and […]
Sovereignty line in sand
18 Jun 2025 Leave a comment
in economics of regulation, environmental economics, law and economics, politics - New Zealand, property rights, urban economics Tags: heritage protection
Chris Bishop announced: The derelict and unsafe Gordon Wilson Flats in Wellington will lose its protected heritage status and become eligible for demolition through an amendment to the Resource Management Act (RMA) in the coming weeks, RMA Reform and Housing Minister Chris Bishop says. “The Gordon Wilson Flats were used as social housing until 2012, […]
Bish vs the numpties
16 Jun 2025 Leave a comment
in applied price theory, discrimination, econometerics, economic history, economics of love and marriage, gender, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: gender wage gap, racial discrimination, sex discrimination
In the 1960 cohort, American men and women graduated from college at similar rates, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. Gaps between race/ethnic groups have also widened. To understand these patterns, we develop a model of individual and family […]
What Explains Growing Gender and Racial Education Gaps?
15 Jun 2025 1 Comment
in defence economics, International law, laws of war, war and peace Tags: Gaza Strip, Israel, media bias, Middle-East politics, regressive left, war against terror
Previously we discussed BBC coverage of the May 13th strikes adjacent to – rather than ‘on’ – the EU founded and Hamas ministry of health run European Hospital in Khan Younis, including two items produced by BBC Verify: BBC NEWS WEBSITE REPORTING ON STRIKES AROUND THE EUROPEAN HOSPITAL BBC VERIFY’S AGENDA-DRIVEN RETURN TO THE EUROPEAN […]
BBC can’t verify a Hamas tunnel visited by international journalists
15 Jun 2025 1 Comment
in defence economics, economics of media and culture, war and peace Tags: Atomic bomb, Iran, Israel, media bias, Middle-East politics, regressive left, war against terror
On the morning of June 13th the BBC News website’s ‘Middle East’ page had little to offer its visitors in the way of reporting on the strikes that Israel had carried out in Iran in the early hours of that day. Coverage on that page itself was limited to a live page: In the ‘updates’ […]
Initial BBC News website coverage of events in Iran and Israel
15 Jun 2025 Leave a comment
in law and economics, politics - USA Tags: economics of immigration, law and order
There was an extraordinary moment this week in Los Angeles where City Councilmember Imelda Padilla asked LAPD Chief Jim McDonnell to monitor and warn citizens whenever the federal authorities are conducting an operation or seeking to make an arrest. Padilla asked McDonnell if they could use “AI” and other means to give immigrants a heads […]
“In the Spirit of Your Loyalty”: LA Citycouncil Member Asks Police to Warn Citizens of Federal Operations
15 Jun 2025 Leave a comment
in defence economics, war and peace Tags: World War I
15 Jun 2025 Leave a comment
in constitutional political economy, economic history, politics, Public Choice Tags: British constitutional law
In the United Kingdom, the mental health of politicians has traditionally commanded relatively little attention, perhaps due to popular cynicism and distrust towards elected officials. Still, those involved in UK political life have characterised it as a ‘rough old game’, with MPs referencing broken marriages, overwork, loss of friendships and poor sleep. Over time, MPs […]
Stefan Theil: Medical Incapacity and the UK Constitution
14 Jun 2025 1 Comment
in applied price theory, econometerics, income redistribution, law and economics, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, land supply, zoning
13 Jun 2025 Leave a comment
in defence economics, International law, laws of war, war and peace Tags: Atomic bomb, Iran, Israel, Middle-East politics, regressive left, war against terror
13 Jun 2025 1 Comment
in business cycles, history of economic thought, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, unemployment Tags: monetary policy
…the very next day, [Roger] Douglas appeared on TV declaring his intention to reduce inflation to ‘around 0 or 0 to 1 percent’ over the next couple of years, and then went on to make several similar comments in the following days. Douglas would soften his stance on specific timelines but ask the Reserve Bank and […]
How New Zealand invented inflation targeting
13 Jun 2025 1 Comment
in applied price theory, Public Choice, public economics Tags: Spain, taxation and entrepreneurship, taxation and investment, taxation and savings
From the Journal of Public Economics Twitter feed: What happened when Spain brought back the Wealth Tax in 2011? Using variation in exposure, this paper finds: – No drop in savings, but drop in taxable wealth—mainly via legal avoidance – Asset shifting caused most revenue loss – Estimated revenue loss was 2.75x initial 2011 rev. […]
What happened when Spain brought back the wealth tax?
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