Celebrating humanity's flourishing through the spread of capitalism and the rule of law
25 Jun 2025 Leave a comment
in development economics, economics of bureaucracy, growth disasters, history of economic thought, liberalism, Marxist economics, Public Choice Tags: capitalism and freedom, capitalism and socialism, economics of central planning
I shared a very clever tweet back in 2018 that highlighted the huge gap between “almost capitalism” and “almost socialism.” That column was entitled the “World’s Best Tweet about Socialism and Capitalism.” And capitalism won the comparison (needless to say). Let’s do the same thing today, but we’ll replace socialism with communism. And our “Best […]
World’s Best Tweet about Communism and Capitalism
24 Jun 2025 Leave a comment
in economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, law and economics, politics - USA, property rights, Public Choice, transport economics
“The Supreme Court put to rest any question about whether fuel manufacturers have a right to challenge unlawful electric vehicle mandates,” American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson said in a statement.
Supreme Court Delivers Blow To California Climate Zealots
21 Jun 2025 Leave a comment
in discrimination, economics of bureaucracy, health economics, politics - New Zealand, Public Choice Tags: racial discrimination
On June 18, 2025, Health New Zealand published extensive data (March 2025 quarter) in a two-page spread contained in The Post. I assume this was replicated in other New Zealand newspapers. Included were childhood immunisation rates. At the bottom of the table for full immunisation at 24 months are Northland and Tairawhiti districts (improving trend) followed…
Is ‘by Maori for Maori’ shifting the dial?
20 Jun 2025 Leave a comment
in economics of bureaucracy, politics - New Zealand, Public Choice, transport economics
Stuff reports: There has been a lot written about Cook Strait ferries lately but far off in the distance, a new ship that will sail between the North and South Islands is slowly making its way here. Called Livia, the ship has had a fresh coat of paint to transform it from the Stena Line colours into […]
A new ferry that didn’t cost us a cent
11 Jun 2025 Leave a comment
in economics of bureaucracy, inflation targeting, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
Months after various OIAs had been lodged on the question of Adrian Orr’s sudden departure on 5 March, we finally got a partial dump of documents this morning. (Sufficiently mishandled that at 10:04 this morning they’d send an email to OIA requesters saying they’d email out the response at 10:45 and then have it on […]
The Orr story (well, part of it anyway)
08 Jun 2025 1 Comment
in economics of bureaucracy, economics of regulation, income redistribution, politics - USA, Public Choice, regulation, rentseeking, urban economics Tags: housing affordability, land supply, zoning
Housing prices across much of America have hit historic highs, while less housing is being built. If the U.S. housing stock had expanded at the same rate from 2000-2020 as it did from 1980-2000, there would be 15 million more housing units. This paper analyzes the decline of America’s new housing supply, focusing on large […]
America’s Housing Supply Problem: The Closing of the Suburban Frontier?
05 Jun 2025 Leave a comment
in applied price theory, development economics, economics of bureaucracy, economics of regulation, growth disasters, growth miracles, industrial organisation, labour economics, labour supply, law and economics, property rights, Public Choice, survivor principle Tags: employment law, India
In our textbook, Modern Principles, Tyler and I contrast basic U.S. labor law, at-will employment—where employers may terminate workers for any reason not explicitly illegal (e.g., racial or sexual discrimination), without notice or severance—with Portugal’s “just cause” regime, which requires employers to prove a valid reason, give advance notice, pay severance, and endure extensive regulatory […]
No Exit, No Entry
05 Jun 2025 Leave a comment
in economics of bureaucracy, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law
Zoran Rakovic writes – This essay argues that the New Zealand government has acted ultra vires by interpreting and applying the Resource Management Act 1991 (RMA) in ways that impose Te Tiriti o Waitangi obligations upon private citizens and resource consent applicants without express statutory authority or due compensation. The practice violates foundational principles of […]
The Ultra Vires Reach of the Resource Management Act: Te Tiriti Obligations, Private Citizens, and the Erosion of Legal Boundaries
04 Jun 2025 1 Comment
in constitutional political economy, economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking, resource economics Tags: climate activists, climate alarmism, nuisance suits
Announced this week was this from Inside Climate News: Trump Executive Orders Violate Young People’s Rights to a Stable Climate, a Lawsuit Alleges. Excerpts in italics with my bolds. Twenty-two young people from across the country sued the Trump administration over the executive orders, which prioritize the expansion of fossil fuels. The complaint, filed Thursday […]
Again, There is No Right to a Stable Climate
03 Jun 2025 Leave a comment
in economics of bureaucracy, inflation targeting, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
If you want to be Reserve Bank Governor, think you have what it takes, (and haven’t yet been approached by the Board’s recruitment company) you will need to get moving. Applications close on Friday. As a reminder, much of the process (unusually by international standards) is controlled by the Bank’s Board, most of whom were […]
Advertising for a Governor
03 Jun 2025 Leave a comment
in economics of bureaucracy, economics of regulation, environmental economics, environmentalism, law and economics, politics - USA, property rights, Public Choice
he fact that the project might foreseeably lead to the construction or increased use of a separate project does not mean the agency must consider that separate project’s environmental effects
SCOTUS Slaps Down Green Overreach: 8-0 Ruling Frees Infrastructure from NEPA Shackles
31 May 2025 Leave a comment
in budget deficits, business cycles, economic growth, economics of bureaucracy, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
In both The Post and the Herald this morning there are reports of interviews with executive members of the Reserve Bank’s Monetary Policy Committee: the Bank’s chief economist Paul Conway in The Post and his boss, and the deputy chief executive responsible for monetary policy and macroeconomics, Karen Silk in the Herald. In a high-performing […]
MPC members speaking
28 May 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, health economics, politics - New Zealand, Public Choice Tags: drug lags
Eric Crampton writes – New medicines are slow to be authorised for the New Zealand market. Even if a medicine has already been approved by many other trustworthy overseas regulators like those in Canada, the UK, Australia, and the EU, Medsafe can take a very long time to evaluate a medicine.
New medicine approvals plan an exercise in not solving the problem
24 May 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of natural disasters, health economics, Public Choice Tags: economics of pandemics
If you are like me, you spend a certain amount of time trying not to remember the pandemic experience. But COVID-19 pandemic did cause more than one million American deaths. In a world of sane and sensible prioritizing and policy-making, spending some time and effort focused on how to reduce the risks and costs of…
Prepping for the Next Pandemic
22 May 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, history of economic thought, income redistribution, international economics, labour economics, law and economics, property rights, Public Choice, public economics, rentseeking, urban economics
An excerpt from Chapter 3 of *Unbeatable*
Excusing the Government
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
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
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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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
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
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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
Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Restraining Government in America and Around the World
Utopia, you are standing in it! 
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