Celebrating humanity's flourishing through the spread of capitalism and the rule of law
13 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, macroeconomics, Public Choice, public economics, rentseeking, Ronald Coase Tags: Argentina
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War II, Argentina has suffered a dramatic decline in relative living standards. However, something shocking has […]
An Upside-Down Economic History of Argentina
15 Nov 2023 Leave a comment
in business cycles, economics of bureaucracy, financial economics, fiscal policy, inflation targeting, macroeconomics, monetary economics, Public Choice Tags: monetary policy
It was in mid-August that this particular bit of shameless Reserve Bank spin got going. From a post in late August It proved to be nonsense of course. Once we had access to the short little IMF piece, published at the back of the Fund’s Article IV review, it was clear that it all amounted […]
Shameless central bankers
08 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, Marxist economics, poverty and inequality, privatisation, property rights, Public Choice, public economics Tags: economics of socialism, Sweden
Two days ago at Texas Christian University, I debated Scott Sehon, chair of Bowdoin College’s Philosophy Department, on Capitalism versus Socialism. (Video forthcoming eventually). My opening statement was a slight variation on the one I wrote for an earlier debate on the same topic with Elizabeth Bruenig. Sehon’s opening statement was adapted from his Socialism:…
Reflections on the TCU Capitalism versus Socialism Debate
07 Nov 2023 Leave a comment
in applied price theory, economics of bureaucracy, economics of crime, Gary Becker, labour economics, law and economics, occupational choice, Public Choice Tags: crime and punishment, criminal deterrence, law and order
A new paper, The Injustice of Under-Policing, makes a point that I have been emphasizing for many years, namely, relative to other developed countries the United States is under-policed and over-imprisoned. …the American criminal legal system is characterized by an exceptional kind of under-policing, and a heavy reliance on long prison sentences, compared to other […]
Still under-policed and over-imprisoned
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of education, economics of regulation, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, top 1%, zoning
31 Oct 2023 2 Comments
in applied price theory, applied welfare economics, economic history, economics of bureaucracy, economics of regulation, health economics, politics - USA, Public Choice Tags: drug lags, economics of pandemics
31 Oct 2023 Leave a comment
in economics of bureaucracy, law and economics, property rights, Public Choice, urban economics
My column in the weekend papers:There is one other alternative. It is an alternative Wellington officials downplayed. But it is one that the council should take or that central government could progress instead.Why not make it easy to remove buildings from the district plan?A council needing legislation to address a local issue can propose a…
Just make it easy to delist buildings
27 Oct 2023 Leave a comment
in economics of bureaucracy, macroeconomics, monetary economics, Public Choice
On Saturday dozens of candidates for the governing Labour Party stood for election to Parliament. The aim was to form (at least a big part of) the next government. They didn’t succeed. People will debate for decades precisely what motivated the public as a whole to vote as we did, but having governed for the […]
Accountability
19 Oct 2023 Leave a comment
in business cycles, economic history, economics of bureaucracy, inflation targeting, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
Monday’s post was on the important place effective accountability must have when government agencies are given great discretionary power which – as is in the nature of any human institutions – they will at times exercise poorly. My particular focus is on the Reserve Bank, both because it is what I know best, because it […]
What should be done about the Reserve Bank?
25 Sep 2023 Leave a comment
in economics of bureaucracy, energy economics, environmental economics, global warming, macroeconomics, monetary economics, Public Choice
28 Jul 2023 Leave a comment
in defence economics, economic history, economics of bureaucracy, international economic law, International law, Public Choice Tags: age of empires, Australia, economics of colonialism
01 Feb 2023 Leave a comment
in applied price theory, defence economics, development economics, discrimination, economic history, economics of bureaucracy, economics of crime, growth disasters, growth miracles, human capital, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, Public Choice, war and peace Tags: Middle-East politics
I came to know Luigi Achilli through his work on human smuggling, but he also spent a year living in a Palestinian refugee camp. What did he learn there? 644 more words
Palestine, Poverty, and Neoliberalism
19 Jan 2023 Leave a comment
in comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of crime, economics of education, growth miracles, human capital, industrial organisation, international economics, labour economics, labour supply, law and economics, liberalism, poverty and inequality, Public Choice Tags: Japan
Simon and I had a fantastic journey through Japan, or at least the east coast of Honshu. We started in Tokyo, then took bullet trains to Hiroshima, Himeji, Kyoto, and Mount Fuji before heading home. 1,504 more words
Reflections on Japan
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
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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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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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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