Another simple proof.
People Barely Care About Equality
People Barely Care About Equality
27 Mar 2025 Leave a comment
in applied price theory, economics of education, human capital, income redistribution, labour economics, labour supply, poverty and inequality, Public Choice, rentseeking, urban economics Tags: regressive left
Exposing the out of control deep state in NZ
26 Mar 2025 Leave a comment
in economics of bureaucracy, economics of education, economics of regulation, environmental economics, health economics, politics - New Zealand, Public Choice, rentseeking Tags: housing affordability, land supply, nanny state, political correctness, regressive left, zoning
The NZ version of the deep state appears to be the NZ Public Health Service. They regards themselves as having a divine right to opine on every issue of the day from capitalism to building design. They have been allowed to do this for far too long, and it is great to see the Minister […]
Exposing the out of control deep state in NZ
What does India want – and what is New Zealand willing to give?
25 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of education, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economic law, international economics, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, Public Choice, rentseeking, survivor principle Tags: India, preferential trade agreements
Chris Trotter writes – What does India want from New Zealand? Not our dairy products, that’s for sure, it’s got plenty of those. Indeed 45 percent of the Indian population are small-scale farmers, most of them running a few head of cattle – not to eat, you understand – but to milk. If it once […]
What does India want – and what is New Zealand willing to give?
Auckland Uni Law School teacher: we must decolonize the universities and undo the damage of the “colonial project”
18 Mar 2025 Leave a comment
in discrimination, economic history, economics of bureaucracy, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
It’s not so surprising that Auckland University harbors a Māori activist like Eru Kapa-Kingi; what is surprising is that Auckland University has publicized his words and activities, amd they seem proud of them! For Kapa-Kingi’s goal is apparently to decolonize not just Auckland University (once the best university in New Zealand, now a hotpot of identity […]
Auckland Uni Law School teacher: we must decolonize the universities and undo the damage of the “colonial project”
EPA questions 31 major energy regulations
17 Mar 2025 Leave a comment
in 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 Tags: 2024 presidential election
What is certain is that 31 big fights lie ahead making this EPA combined action a truly breathtaking event. Stay tuned to CFACT as this supreme battle unfolds.
EPA questions 31 major energy regulations
Why tit-for-tat tariffs may not work against Trump
16 Mar 2025 Leave a comment
in applied price theory, industrial organisation, international economics, International law, politics - USA, Public Choice, rentseeking Tags: 2024 presidential election, game theory, tariffs
Last week, my ECONS101 class covered game theory. At the end of the final lecture, after we had been covering repeated games and tit-for-tat strategies, a really perceptive student asked me about Trump’s tariffs. A lot of the rhetoric about tariffs has been posed in terms of tit-for-tat (see here and here, for example). The…
Why tit-for-tat tariffs may not work against Trump
*Progressive Myths*: The Kling Club Convo
14 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, entrepreneurship, history of economic thought, income redistribution, industrial organisation, labour economics, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, rentseeking Tags: The Great Enrichment
Long ago, I co-blogged for EconLog with Arnold Kling. Now he’s running a book club for Liberty Fund. Last month, Arnold invited me and philosopher Rachel Ferguson to discuss Mike Huemer’s new Progressive Myths. Enjoy!
*Progressive Myths*: The Kling Club Convo
Hawks, doves, Israel and Iran
13 Mar 2025 Leave a comment
in applied price theory, defence economics, economics of information, economics of media and culture, Public Choice, war and peace Tags: game theory, Iran, Israel, Middle-East politics, war against terror
In The Conversation last October, Andrew Thomas (Deakin University) discussed the recent (at that time) military flare-up between Iran and Israel, likening it to a ‘game of chicken’:Israel’s strike on military targets in Iran over the weekend is becoming a more routine occurrence in the decades-long rivalry between the two states…There is a reason why…
Hawks, doves, Israel and Iran
Inability to understand te reo Māori does not prevent people from asking questions about race relations in New Zealand
12 Mar 2025 Leave a comment
in discrimination, economic history, income redistribution, International law, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, constitutional law, free speech, political correctness, racial discrimination, regressive left
Ananish Chaudhuri writes – Dame Anne Salmond recently wrote a column on Newsroom berating people for having views on the Treaty of Waitangi when they cannot even read the Māori version of the treaty. So, what she is saying is that even when customs, laws or treaties impinge on your daily life, you cannot hold any views […]
Inability to understand te reo Māori does not prevent people from asking questions about race relations in New Zealand
The Upcoming Transfer of Power Between Justin Trudeau and Mark Carney
12 Mar 2025 Leave a comment
in Public Choice Tags: Canada
The Ministry Depends on the Prime Minister The Governor General’s first constitutional duty is to appoint a Prime Minister and ensure the continuity of government. The Governor General usually appoints the leader of the political party which has either an outright majority or a plurality of MPs in the House of Commons, or barring that, […]
The Upcoming Transfer of Power Between Justin Trudeau and Mark Carney
US AID, current status
11 Mar 2025 Leave a comment
in development economics, economics of bureaucracy, politics - USA, Public Choice Tags: 2024 presidential election, overseas aid
After a 6 week review we are officially cancelling 83% of the programs at USAID. The 5200 contracts that are now cancelled spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States. In consultation with Congress, we intend for […]
US AID, current status
The WaPo describes (and distorts) a big “culture war” in New Zealand
10 Mar 2025 Leave a comment
in defence economics, discrimination, economic history, law and economics, politics - New Zealand, property rights, Public Choice Tags: affirmative action, Age of Enlightenment, constitutional law, free speech, media bias, political correctness, racial discrimination, regressive left
ADDENDUM: See added comments and clarifications under “addendum” at bottom. ******************** I’ve written many times about the battle of the indigenous people in New Zealand (the Māori) to get their “way of knowing”—which includes a lot of superstition and unreliable word-of-mouth “knowledge,” as well as legends and morality—adopted as official policy or as a “way […]
The WaPo describes (and distorts) a big “culture war” in New Zealand
My Former Economics MPhil and DPhil Class-Mate for many hard years, Mark Carney, becomes PM of Canada.
10 Mar 2025 Leave a comment
in business cycles, economic history, economics of bureaucracy, economics of education, history of economic thought, human capital, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics, occupational choice, politics - New Zealand, Public Choice Tags: Canada, monetary policy
Congratulations Mark Carney. When I went to the UK to study economics, we started off doing a degree called Master of Philosophy in…
My Former Economics MPhil and DPhil Class-Mate for many hard years, Mark Carney, becomes PM of Canada.
Working paper: Why nationalize the production of public goods?
09 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, entrepreneurship, health economics, history of economic thought, Public Choice, public economics, rentseeking
I have a new working paper out. It proposes a price theory-based explanation of why states nationalize the production of “public goods” (i.e., non-excludable and non-rivalrous). This is different than existing explanations as the theory ignores whether private provision is efficient or superior to public provision. I call it the “redistributive engine” theory whereby the […]
Working paper: Why nationalize the production of public goods?
Utopia, you are standing in it! 
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