In his new book, Advice & Dissent, coming from @BasicBooks in March, Alan Blinder shows how Murphy's law for economists, which he coined 30 years ago, holds up depressingly well. pic.twitter.com/fks2RIWuVr
— Greg Ip (@greg_ip) December 6, 2017
Murphy’s law of economic policy
12 Dec 2017 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, Public Choice
Margaret Thatcher on Socialism
11 Dec 2017 Leave a comment
in income redistribution, poverty and inequality, Public Choice Tags: British politics, Margaret Thatcher
Game of Theories: The Great Recession
06 Dec 2017 Leave a comment
in budget deficits, business cycles, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, Public Choice, rentseeking
Spread of communism peaked in 1975
04 Dec 2017 Leave a comment
in economic history, liberalism, Marxist economics, Public Choice Tags: fall of communism
Yes, Minister – The Six Diplomatic Options
04 Dec 2017 Leave a comment
in economics of bureaucracy, Public Choice, television Tags: Yes Minister
Miss Sloane Official Trailer – Teaser (2016) – Worth watching
26 Nov 2017 Leave a comment
in economics of bureaucracy, movies, Public Choice
The climate alarmist gravy train
24 Nov 2017 Leave a comment
Source: Tol, Richard S J (2017) The structure of the climate debate. Energy Policy, 104. pp. 431-438.
Advice to the new government from Sir Humphrey
23 Nov 2017 Leave a comment
in economics of bureaucracy, politics - New Zealand, Public Choice Tags: Yes Prime Minister
Little wonder JFK bribed his way passed navy medical. Little chance of political career otherwise
12 Nov 2017 Leave a comment
in defence economics, economic history, politics - USA, Public Choice
Best sitcom – Yes minister 3
05 Nov 2017 Leave a comment
in economics of bureaucracy, Public Choice, television Tags: Yes Minister, Yes Prime Minister
Racism is said to be getting worse in the USA!?
05 Nov 2017 Leave a comment
in discrimination, economic history, Public Choice
Back in the good old days in the southern states of America, before we were driven into panic rooms by micro-aggressions, there were white citizens councils that would record in their minutes voting to have someone murdered. Such was their sense of impunity.
Unlike the Ku Klux Klan, the White Citizens’ Councils met openly and were seen as “pursuing the agenda of the Klan with the demeanour of the Rotary Club” by “unleashing a wave of economic reprisals against anyone, Black or white, seen as a threat to the status quo”. In Mississippi, the State Sovereignty Commission funded the Citizens’ Councils.
The Civil Rights Act of 1964 broke the control of segregationists over their political and legal institutions. The racial segregation collapsed because it could no longer rely on Jim Crow laws and the private violence and boycotts through the White Citizens Councils which police turned a blind eye too when they were not actively involved.
Utopia, you are standing in it! 
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