Zingales: … would you be in favor of breaking up Standard Oil? Cowen: If Standard Oil were giving away the oil for free, no.
30 Nov 2019 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of information, economics of regulation, entrepreneurship, industrial organisation, law and economics, politics - USA, Public Choice, survivor principle Tags: competition law, creative destruction
This Unpleasant Royal Job Came with a Fancy Title
30 Nov 2019 Leave a comment
in economic history, economics of bureaucracy, labour economics, labour supply, occupational choice, Public Choice, rentseeking
Why does Russia Own Kaliningrad/ Königsberg?
29 Nov 2019 Leave a comment
in defence economics, economic history, International law, Public Choice, war and peace Tags: fall of communism, German unification, World War I, World War II
Jordan Peterson: Do Marxists Really Have Sympathy for the Working Class?
28 Nov 2019 Leave a comment
in economic history, economics of education, income redistribution, industrial organisation, labour economics, labour supply, Marxist economics, Public Choice Tags: envy, regressive left
“Us” isn’t inclusive! No room for the superiority of Western values: democracy is better, free speech is better, equality of the sexes is better.
28 Nov 2019 Leave a comment
in economics of bureaucracy, economics of information, economics of media and culture, law and economics, politics - Australia, Public Choice Tags: political correctness, regressive left
Labour supply in the Indian caste system
28 Nov 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, discrimination, economic history, economics of information, economics of religion, growth disasters, labour economics, labour supply, occupational choice, Public Choice, rentseeking Tags: caste system, India, religious discrimination
Demonetization in India: Superfluous discovery and money laundering @srajagopalan
27 Nov 2019 Leave a comment
in development economics, entrepreneurship, growth disasters, growth miracles, macroeconomics, monetary economics, Public Choice Tags: entrepreneurial alertness, offering behaviour, unintended consequences
Will @jeremycorbyn’s 4-day work week end 5-day test matches? Olympics? Wimbledon? Professional sport?
25 Nov 2019 Leave a comment
in economics of regulation, labour economics, labour supply, Marxist economics, Public Choice, sports economics Tags: British politics, offsetting behaviour, The fatal conceit, unintended consequences
@jeremycorbyn was a useful idiot for apartheid too
24 Nov 2019 Leave a comment
in discrimination, economic history, income redistribution, labour economics, law and economics, Marxist economics, Public Choice, rentseeking Tags: apartheid, British politics, racial discrimination, South Africa
Gang members motivated by small chance of future riches, not immediate gain @sst_nz @JustSpeakNZ @NZJusticeIdeas @actionstation
24 Nov 2019 Leave a comment
in applied price theory, econometerics, economics of crime, human capital, industrial organisation, labour economics, labour supply, law and economics, Marxist economics, minimum wage, occupational choice, politics - USA, poverty and inequality, Public Choice, unemployment Tags: crime and punishment, criminal deterrence, law and order
Who wishes to speak? @CAPD_freespeech
23 Nov 2019 Leave a comment
in constitutional political economy, law and economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: free speech
The democracy of Ancient Athens was the birthplace of equal and uninhibited speech. Or Isegoria and parrhesia to the Athenians. Jacob Mchangama guides you through how oratory was central to the idea and practice of Athenian democracy. What Athenian style free speech entailed for ordinary citizens, comedians, philosophers, and orators. How oligarchic coup d’etats twice drowned Athenian free speech in blood and repression. The extreme methods used by Demosthenes to become the greatest orator of antiquity. And of course: the trial of Socrates: Was he a martyr for free speech or an impious and seditious enemy of democracy?
The day Minsky macroeconomics died! Instability can’t be fixed so easily?
23 Nov 2019 Leave a comment
in budget deficits, business cycles, economic history, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics, Public Choice Tags: asymmetric information, bank runs, banking panics, deposit insurance, economics of central banking, Keynesian macroeconomics, moral hazard, Post-Keynesian macroeconomics
Utopia, you are standing in it! 
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