I’ve spent the last couple of days at the Competition Law and Policy Institute’s annual workshop.Webb-Henderson’s Lucy Wright made a good case for a de minimus threshold for merger controls. Small mergers could have a safe harbour, or mergers in markets of insufficient NZ importance.If we need to set a monetary threshold for a market…
For a de minimus threshold for mergers
For a de minimus threshold for mergers
16 Aug 2025 1 Comment
in applied price theory, economics of bureaucracy, industrial organisation, law and economics, politics - New Zealand, Public Choice Tags: competition law, merger law enforcement
FERC Must Seize the Supreme Court’s Energy Opportunity
15 Aug 2025 1 Comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, economics of regulation, energy economics, environmental economics, environmentalism, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: nuisance suits
The Court has provided the legal framework. FERC must provide the will to use it.
FERC Must Seize the Supreme Court’s Energy Opportunity
The Climate Beat Goes On
13 Aug 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA, Public Choice Tags: climate alarmism
My response to 10 questions from the Associated Press on the DOE CWG report
The Climate Beat Goes On
A Small But Important Victory for Taxpayers
05 Aug 2025 1 Comment
in economics of bureaucracy, fiscal policy, politics - USA, Public Choice
Regular readers know I’m not a Trumpie. Some of his policies are terrible (protectionism), while others are irresponsible (punting on entitlements) or misguided (new tax loopholes). But I have to give credit where credit is due. Unlike every other Republican president over the past six decades – including the great Ronald Reagan – Donald Trump […]
A Small But Important Victory for Taxpayers
The Tragedy of India’s Government-Job Prep Towns
04 Aug 2025 Leave a comment
in applied price theory, development economics, economics of bureaucracy, economics of regulation, growth disasters, growth miracles, labour economics, labour supply, occupational choice, Public Choice Tags: India
In Massive Rent-Seeking in India’s Government Job Examination System I argued that the high value of government jobs has distorted India’s entire labor market and educational system. India’s most educated young people—precisely those it needs in the workforce—are devoting years of their life cramming for government exams instead of working productively. These exams cultivate no […]
The Tragedy of India’s Government-Job Prep Towns
North Carolina School District Settles Case After Suspending Teen for Using Term “Illegal Alien”
30 Jul 2025 Leave a comment
in economics of bureaucracy, economics of education, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: free speech, political correctness, regressive left
Christian McGhee, 17, has secured a significant victory for free speech in North Carolina after the Davidson County Board of Education settled a case over his suspension for using the term “illegal alien.” What is disturbing is that, once again, the school officials themselves appear to have escaped any accountability for their abusive treatment of […]
North Carolina School District Settles Case After Suspending Teen for Using Term “Illegal Alien”
The judicial revolution
30 Jul 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
An excellent article by Roger Partridge on an analysis by Emeritus Professor Peter Watts KC on the Supreme Court’s actions in Ellis vs R. I recommend you read the whole thing, but a key extract is: Before Ellis, tikanga’s role in New Zealand law was clearly defined and limited. As Watts shows, courts recognised tikanga within […]
The judicial revolution
Revolution by Judicial Decree: A Review of Professor Peter Watts KC’s “Ellis v R, A Revolution in Aotearoa New Zealand, Welcome or Not”
24 Jul 2025 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
Roger Partridge writes – Revolutions conjure images of violent uprisings, the storming of institutions, and the forcible overthrow of existing orders. But constitutional foundations can be destroyed through more subtle means. When judges discard long-established constitutional principles and remake the law according to their preferences, they engage in a revolution that may be no less […]
Revolution by Judicial Decree: A Review of Professor Peter Watts KC’s “Ellis v R, A Revolution in Aotearoa New Zealand, Welcome or Not”
Stop the corporate welfare
22 Jul 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, income redistribution, industrial organisation, politics - New Zealand, Public Choice, rentseeking
The Herald reports: More than half of the $257 million loan book held by the Government entity formerly known as the Provincial Growth Fund is considered to be at risk of impairment or default. The surge in at-risk loan advances made by Crown Regional Holdings (CRH) – a vehicle used by the Government to warehouse […]
Stop the corporate welfare
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
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
Expanding the Milei Miracle: Labor Market Deregulation
12 Jul 2025 1 Comment
in development economics, economics of bureaucracy, economics of regulation, growth disasters, labour economics, labour supply, Public Choice Tags: Argentina, employment law
Part I of this video series gave a brief summary of how Javier Milei’s free market policies have rejuvenated Argentina’s economy. But more reform is needed and this second video makes the case for labor market deregulation. Politicians impose so-called employment protection laws because of “public choice.” To be more specific, they understand that the […]
Expanding the Milei Miracle: Labor Market Deregulation
EPA Suspends over 140 Toxic Employees Who Wrote Letter Denouncing Trump Policies
09 Jul 2025 1 Comment
in economics of bureaucracy, economics of climate change, energy economics, environmental economics, environmentalism, global warming, labour economics, labour supply, occupational choice, personnel economics, politics - USA, Public Choice
The best part of this story is two fold. First, these individuals have done a good job of self-identif[ying] themselves as fifth columnists inside the Trump administration, making it easier to get rid of them.
EPA Suspends over 140 Toxic Employees Who Wrote Letter Denouncing Trump Policies
A story the media ignored
08 Jul 2025 Leave a comment
in economics of bureaucracy, economics of education, politics - New Zealand, Public Choice, rentseeking
David Farrar writes – The Taxpayers’ Union revealed: The Taxpayers’ Union can reveal that Te Wharekura o Tauranga Moana is set to take staff to Tahiti this Friday and refuses to answer basic questions to justify the spend.
A story the media ignored
Utopia, you are standing in it! 
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