Celebrating humanity's flourishing through the spread of capitalism and the rule of law
04 Jul 2025 Leave a comment
in applied price theory, econometerics, economic growth, economic history, industrial organisation, labour economics, labour supply, macroeconomics, politics - USA
In the long run, a rising standard of living is always and everywhere based on productivity growth. Thus, Austan Goolsbee notedin a keynote address at the “Summit” conference held at the Stanford Institute of Economic Policy Research (SIEPR) in February (“Remarks on Productivity Growth and Monetary Policy,” February 28, 2025): As Goolsbee notes, annual productivity…
The Weird and Lovely Surge of US Productivity Growth
03 Jul 2025 1 Comment
in applied price theory, development economics, economics of bureaucracy, economics of education, growth disasters, growth miracles, labour economics, occupational choice, personnel economics, Public Choice Tags: India
In India, government jobs pay far more than equivalent jobs in the private sector–so much so that the entire labor market and educational system have become grossly distorted by rent seeking to obtain these jobs. Teachers in the public sector, for example, are paid at least five times more than in the private sector. It’s […]
Massive Rent-Seeking in India’s Government Job Examination System
03 Jul 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of education, economics of regulation, liberalism, Marxist economics, politics - USA, Public Choice
Below is my column on Fox.com on the debate that Democratic New York mayoral candidate Zohran Mamdani is a socialist, a Democratic Socialist, or a communist. What is clear is that Mamdani is a Marxist and that is a serious problem for New York. Here is the column:
“The End Goal of Seizing the Means of Production”: Yup, Mamdani is a Hardcore Marxist
03 Jul 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, Public Choice, transport economics, urban economics Tags: Germany
Just 12 car trips person per year would be allowed! The Berlin Constitutional Court has declared the “Berlin car-free” referendum admissible, paving the way for a possible drastic reduction in car traffic. Hat-tip: Blackout News Cars may soon be banned in Berlin. Image generated by Grok 3 AI The court found that the aim of…
Berlin Moves To Ban Autos From Inside The City. Widespread Chaos Looms
03 Jul 2025 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, health and safety, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
02 Jul 2025 1 Comment
in economic history, economics of education, environmentalism, liberalism, Marxist economics, politics - New Zealand, Rawls and Nozick Tags: Age of Enlightenment, conjecture and refutation, cranks, philosophy of science, political correctness, regressive left
I’ve written a lot about the controversy in New Zealand involving whether the indigenous “way of knowing,” Mātauranga Māori (MM), is equivalent to modern science (often called “Western science”) and, as many maintain, should be taught alongside modern in science classes (see all my posts here). As I’ve noted, because MM does have elements of […]
A interview with a “heterodox” New Zealand scientist: “Why Mātauranga Māori Isn’t Science:”
02 Jul 2025 Leave a comment
in applied price theory, discrimination, econometerics, economics of regulation, gender, health and safety, human capital, income redistribution, labour economics, labour supply, occupational choice, politics - USA, Public Choice Tags: gender wage gap, sex discrimination
01 Jul 2025 1 Comment
in applied price theory, economics of bureaucracy, entrepreneurship, income redistribution, industrial organisation, labour economics, politics - USA, Public Choice, public economics, unions, urban economics
Plenty of people have commented on New York City mayoral candidate Zohran Mamdani’s proposal to lower food prices by creating city-owned grocery stores, but there is still more to be said about this plan. Mamdani either thinks or believes that voters think that store owners are making huge profit through … Continue reading →
Failing to Learn the Lessons of History
01 Jul 2025 Leave a comment
in applied price theory, income redistribution, international economics, politics - USA, Public Choice, rentseeking Tags: tarrifs
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…
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
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
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
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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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
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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
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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
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
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
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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