The Herald reports: An influential collection of business and consumer organisations are calling on Prime Minister Christopher Luxon to fix the “broken” energy sector. In a letter published in today’s Sunday newspapers titled “Our energy market is broken”, Luxon was told the country was running out of gas, new electricity generation is taking an age, […]
The inherited power supply crisis
The inherited power supply crisis
21 Jul 2025 Leave a comment
in energy economics, politics - New Zealand
PETER WILLIAMS (on behalf of the Taxpayers’ Union): The Nats are considering keeping Te Mana o te Wai
21 Jul 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice, resource economics Tags: constitutional law
Peter Williams writes – The Taxpayers’ Union has been alerting supporters about the “Te Mana o te Wai” (literally meaning the mana of the water) requirements, which are still applicable to local councils’ environmental planning/consenting. It is becoming clear that the Coalition Government is continuing down Labour’s path of undemocratic and costly co-governance due to pressure […]
PETER WILLIAMS (on behalf of the Taxpayers’ Union): The Nats are considering keeping Te Mana o te Wai
Making sense of the case for compensation in regulatory bill
21 Jul 2025 Leave a comment
in applied price theory, economics of bureaucracy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics Tags: takings
Eric Crampton writes – The Regulatory Standards Bill before Parliament provides no enforceable legal right to compensation for the cost of regulation. It only suggests that compensation can be warranted when regulation takes or impairs property. A sovereign Parliament remains free to ignore that advice, as is made abundantly clear in sections 24 through 26 […]
Making sense of the case for compensation in regulatory bill
2nd Battle Of The Marne – Turning Point On The Western Front I THE GREAT…
21 Jul 2025 Leave a comment
in defence economics, war and peace Tags: World War I
Labor supply is elastic!
19 Jul 2025 Leave a comment
in applied price theory, labour economics, labour supply Tags: Denmark, taxation and labour supply
Even in Denmark: We investigate long-run earnings responses to taxes in the presence of dynamic returns to effort. First, we develop a theoretical model of earnings determination with dynamic returns to effort. In this model, earnings responses are delayed and mediated by job switches. Second, using administrative data from Denmark, we verify our model’s predictions […]
Labor supply is elastic!
Immigrant Assimilation Is Obviously High
19 Jul 2025 Leave a comment
in labour economics, labour supply, politics - USA, population economics Tags: economics of immigration
I recently argued that self-reports understate the personality gender gap. As long as some men rate their personalities relative to the average male, and some women rate their personalities relative to the average female, the gap the data reveal is less than the true gap. 798 more words
Immigrant Assimilation Is Obviously High
Woman of the day
18 Jul 2025 Leave a comment
in defence economics, discrimination, economic history, gender, labour economics, labour supply Tags: France, gender wage gap, sex discrimination
OTD in 1965, France changed the law to allow married women the right to work without their husbands’ permission. Yes, really. To mark the occasion, Woman of the Day is journalist Madeleine Riffaud, French Resistance, who didn’t need any man’s permission to fight for her country.… pic.twitter.com/nlp3f2GIsK — The Attagirls (@TheAttagirls) July 13, 2025
Woman of the day
The Cross of Gold: Brazilian Treasure and the Decline of Portugal (due to the resource curse)
18 Jul 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, growth disasters, international economics, law and economics, macroeconomics, property rights, Public Choice, rentseeking, resource economics Tags: Portugal, resources curse
By Davis Kedrosky and Nuno Palma. Published in The Journal of Economic History.In the book The Economics of Macro Issues which I used as a supplemental text, they mention that Russia has many resources but its per capita income is less than that of Luxembourg which has few resources. The book suggests that the economic…
The Cross of Gold: Brazilian Treasure and the Decline of Portugal (due to the resource curse)
The Timing of Abundance
18 Jul 2025 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, environmental economics, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, zoning
In case you missed my *Build, Baby, Build* because of the 2024 election.
The Timing of Abundance
Energy Policy vs. Climate Dogma: Why the Voters Aren’t Marching to the Green Revolution’s Tune
17 Jul 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming
Charles Rotter This analysis draws on the recent survey research conducted and published by Roger Pielke Jr. and Ruy Teixeira in their report, The Science vs. the Narrative vs. the Voters: Clarifying the Public Debate Around Energy and Climate, released through the American Enterprise Institute. Pielke and Teixeira—well known for their commitment to empirical rigor […]
Energy Policy vs. Climate Dogma: Why the Voters Aren’t Marching to the Green Revolution’s Tune
Disinformation from TPM
16 Jul 2025 Leave a comment
in discrimination, law and economics, politics - New Zealand, property rights, Public Choice Tags: native title, racial discrimination, regressive left
Te Pati Maori in a burp of disinformation declared Eric Crampton as the policy mind between the Foreshore & Seabed law and Marine and Coastal Area law. Of course once again the media largely ignore the fact they just tell blatant lies. Three inconvenient facts:
Disinformation from TPM
Hipkins’ role as Covid czar thrust into spotlight
16 Jul 2025 Leave a comment
in health economics, politics - New Zealand Tags: anti-vaccination movement, economics of pandemics
Labour leader can no longer pretend to be the Man Who Wasn’t There Graham Adams writes – When Chris Hipkins replaced Jacinda Ardern as Prime Minister in January 2023, the legacy media preposterously promoted him as a new broom. By promising a “policy bonfire” of some of the issues that had led to Labour’s plunging […]
Hipkins’ role as Covid czar thrust into spotlight
The population bust
15 Jul 2025 Leave a comment
in development economics, economic history, labour economics, labour supply, population economics Tags: ageing society, economics of fertility, population bust
Tariff Shenanigans
15 Jul 2025 Leave a comment
in applied price theory, international economic law, international economics, politics - USA Tags: free trade, offsetting behavior, tarrifs
In our textbook, Tyler and I give an amusing example of how entrepreneurs circumvented U.S. tariffs and quotas on sugar. Sugar could be cheaply imported into Canada and iced tea faced low tariffs when imported from Canada into the U.S., so firms created a high-sugar iced “tea” that was then imported into the US and […]
Tariff Shenanigans
ORIGINAL SIN: PRESIDENT BIDEN’S DECLINE, ITS COVERUP, AND HIS DISASTROUS DECISION TO RUN AGAIN by Jake Tapper and Alex Thompson
14 Jul 2025 Leave a comment
(Biden family photos sat behind President Joe Biden as he delivered his address to the nation) Ever since the Anita Hill hearings in October 1991 I have had little respect for Joseph Biden. As chairman of the Senate Judiciary Committee, he was responsible for her receiving a fair and respectful hearing – a task that […]
ORIGINAL SIN: PRESIDENT BIDEN’S DECLINE, ITS COVERUP, AND HIS DISASTROUS DECISION TO RUN AGAIN by Jake Tapper and Alex Thompson
Utopia, you are standing in it! 
Recent Comments