The best piece I have seen so far, here is one bit: Basically, the lessons I take away from the horrific L.A. fires are: The insurance industry as we know it is in big trouble. Climate change is making wildfires worse, but there’s not much we can do about that right now. Forest management needs […]
Noah Smith on L.A: fire lessons
Noah Smith on L.A: fire lessons
13 Jan 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of natural disasters, environmental economics, environmentalism, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: unintended consequences
Smart Growth Burns Thousands of Homes
11 Jan 2025 1 Comment
in economics of bureaucracy, economics of natural disasters, economics of regulation, environmental economics, law and economics, property rights, Public Choice, urban economics Tags: land use planning, unintended consequences, zoning
Los Angeles city and regional planners are just as responsible for the Palisades, Eaton, and other fires that have burned in the past few days as if they had poured gasoline on the homes and lit the matches. The destruction of these homes, including, for what it is worth, homes … Continue reading →
Smart Growth Burns Thousands of Homes
A Reading deal that doesn’t cost ratepayers
08 Jan 2025 Leave a comment
in economics of bureaucracy, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, survivor principle
NewstalkZb reports: The derelict Reading Cinema complex on Wellington’s Courtenay Place has finally been sold, with a local developer snapping up the 1.5-hectare plot. The property was at the centre of a controversial deal between Wellington City Council and Reading International last year, after the council tried to buy the land under the quake-prone building […]
A Reading deal that doesn’t cost ratepayers
Submission on the Principles of the Treaty of Waitangi Bill
07 Jan 2025 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
By Dr Peter Winsley I support the Bill, despite its weaknesses. For expositional clarity, in my submission I use the term “te Tiriti” rather than “the Treaty.” This acknowledges that about 540 rangatira signed te Tiriti versus about 39 who signed the English language document.to a Context is important. Te Tiriti was an international treaty […]
Submission on the Principles of the Treaty of Waitangi Bill
Some Links
06 Jan 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, entrepreneurship, income redistribution, industrial organisation, politics - USA, Public Choice, rentseeking, survivor principle
TweetScott Lincicome decries Biden’s abuse of national security to block Nippon Steel’s acquisition of U.S. Steel. Two slices: Today, President Joe Biden blocked Nippon Steel’s proposed acquisition of US Steel on the grounds that “there is credible evidence” the Japanese steelmaker “might take action that threatens to impair the national security of the United States.” What…
Some Links
Machinations In The British High Command I THE GREAT WAR Week 180
05 Jan 2025 Leave a comment
in defence economics, economics of bureaucracy, Public Choice, war and peace Tags: World War I
Argentina facts of the day
29 Dec 2024 Leave a comment
in budget deficits, comparative institutional analysis, development economics, economic growth, economics of bureaucracy, economics of regulation, F.A. Hayek, financial economics, fiscal policy, growth disasters, income redistribution, international economics, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Milton Friedman, monetarism, monetary economics, property rights, Public Choice, rentseeking, unemployment Tags: Argentina
Argentina’s bonds have already rallied dramatically. One gauge of the nation’s hard-currency debt, the ICE BofA US Dollar Argentina Sovereign Index, has generated a total return of about 90% this year. Meanwhile, the S&P Merval Index has risen more than 160% this year through Monday, far outpacing stock benchmarks in developed, emerging and frontier markets […]
Argentina facts of the day
The New FDA and the Regulation of Laboratory Developed Tests
28 Dec 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, health economics, politics - USA, Public Choice Tags: drug lags
The FDA under President Trump and new FDA head Martin Makary should rapidly reverse the FDA’s powergrab on laboratory developed tests. To recap, laboratory developed tests (LDTs) are the kind your doctor orders, they are a service not a product and are not sold directly to patients. Congress has never given the FDA the authority […]
The New FDA and the Regulation of Laboratory Developed Tests
The curse of socialism
27 Dec 2024 Leave a comment
in development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, health economics, history of economic thought, law and economics, liberalism, Marxist economics, property rights, Public Choice Tags: economics of socialism, The Great Escape
The Secretary to the Treasury defending govt fiscal policy
27 Dec 2024 Leave a comment
in budget deficits, economics of bureaucracy, fiscal policy, inflation targeting, macroeconomics, politics - New Zealand, Public Choice
I wasn’t envisaging writing anything more for a while, but….Welllington’s weather certainly isn’t conducive to either the beach or the garden, and the Herald managed to get an interview with Iain Rennie, the new Secretary to the Treasury (not usually the sort of stuff for 27 December either). I’ve always been rather uneasy about heads […]
The Secretary to the Treasury defending govt fiscal policy
A terrible decision by Treasury
24 Dec 2024 Leave a comment
in economics of bureaucracy, politics - New Zealand, Public Choice
Eric Crampton writes: This week, the Treasury barred representatives from the Council of Trade Unions and the New Zealand Taxpayers’ Union from attending its restricted briefing for the Half-Year Economic and Fiscal Update. Treasury said the briefings provide time to consider materials before public release. The aim is more accurate reporting and greater “transparency and accountability […]
A terrible decision by Treasury
The NZ Green Investment Fund should be Liquidated for Losing Money that could’ve gone into alleviating Poverty.
13 Dec 2024 Leave a comment
in economics of bureaucracy, economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, financial economics, global warming, politics - New Zealand, Public Choice, rentseeking
Only a few months ago, the Chair of the NZ Green Investment Fund (NZGIF) and Chancellor of the University of Auckland, Cecilia Tarrant, visited my “Law and Economics” class. Why? She’s a lawyer who worked in “structured products” and “real estate finance” at Morgan Stanley in New York – and knows a Kiwi friend of…
The NZ Green Investment Fund should be Liquidated for Losing Money that could’ve gone into alleviating Poverty.
More on Business Dynamism
11 Dec 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, financial economics, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, organisational economics, personnel economics, Public Choice, rentseeking, survivor principle, theory of the firm Tags: creative destruction, employment law
Over at the Geek Way, Andrew McAfee has created a startling visualization related to entrepreneurship in the US and EU. The Draghi Report on EU competitiveness is generating a small buzz among economists. One startling claim is thatthere is no EU company with a market capitalisation over EUR 100 billion that has been set up…
More on Business Dynamism
Free Speech Union Is Taking Hutt City Council And It’s CEO To The High Court
09 Dec 2024 Leave a comment
in economic history, economics of bureaucracy, economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law, free speech, political correctness, racial discrimination, regressive left
This email from Stephen Franks explains why!!!!! Note: I have included all of the email, including the request for any financial support readers may be inclined to give to aid the FSU in this obviously expensive court case. Hi. Some fights take a little longer than others. While the FSU team has been confronting the NZ Police, professional bodies, Immigration […]
Free Speech Union Is Taking Hutt City Council And It’s CEO To The High Court
NZ Nursing Council Raises A Middle Finger To Health Minister Shane Reti And The Coalition Government.
08 Dec 2024 1 Comment
in discrimination, economics of bureaucracy, economics of education, economics of regulation, health economics, human capital, labour economics, labour supply, liberalism, Marxist economics, occupational choice, occupational regulation, politics - New Zealand, Public Choice Tags: free speech, political correctness, regressive left
What follows are Scope of Practice requirements for Enrolled and Registered Nurses from 25 January 2025. There are some small differences in requirements but the points I am highlighting are the same and what follows is for Enrolled Nurses. Scope of Practice Enrolled Nurses Enrolled nurses in Aotearoa New Zealand reflect knowledge, concepts and worldviews of both tangata whenua and tangata […]
NZ Nursing Council Raises A Middle Finger To Health Minister Shane Reti And The Coalition Government.
Utopia, you are standing in it! 
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