Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Apr 2024 Leave a comment
in budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, income redistribution, labour economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics, Public Choice, rentseeking, unemployment Tags: Argentina
The most important election of 2023 took place in Argentina, where that nation’s voters elected the libertarian candidate, Javier Milei, as their new president. I discussed the outlook for Milei’s agenda on a recent appearance of the Schilling Show. Here’s a brief excerpt. As you can see, I’m worried that Milei faces enormous obstacles. Argentina […]
More Good Results from Argentina
23 Apr 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles, health economics, history of economic thought, income redistribution, labour economics, law and economics, liberalism, macroeconomics, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, property rights, Public Choice, public economics, rentseeking Tags: anticapitalist mentality, capitalism and freedom
23 Apr 2024 Leave a comment
in comparative institutional analysis, economics of bureaucracy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, transport economics, urban economics
Over the years I’ve had various Wellingtonians approach me about setting up, or getting Jordan and the Taxpayers’ Union to set up, a dedicated Wellington ratepayer pressure group to fight for more fiscal prudence and better governance in our city. Jordan and I have always turned away the efforts as nine times out of ten, they […]
Call for Support: Has the Time Come for a Wellington Ratepayer Activist Group?
16 Apr 2024 Leave a comment
in economic history, economics of regulation, income redistribution, law and economics, politics - Australia, politics - New Zealand, politics - USA, property rights, public economics, rentseeking, transport economics, urban economics Tags: housing affordability, land supply, zoning
05 Apr 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking Tags: Cuba
Martin Gurri has a very good, deep-dive on the current situation in Cuba. The wreckage of the Cuban economy really can’t be exaggerated. The perpetual blackouts are an apt symbol of a country that is headed for the dark ages. For the first time since the revolution, Cuba is begging the United Nations for food aid. Nearly […]
Cuba Libre
03 Apr 2024 Leave a comment
in income redistribution, Public Choice, rentseeking, transport economics, urban economics
01 Apr 2024 Leave a comment
in economics of bureaucracy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics, rentseeking Tags: constitutional law
Muriel Newman writes – “Houston, we have a problem!” New Zealand’s Supreme Court – the highest court in our land – has been captured by activist judges. What is heartening, is the emergence of a wide range of eminent legal voices all openly criticising the Court and calling for this problem to be addressed. But […]
Spotlight on the Courts
29 Mar 2024 Leave a comment
in economics of education, income redistribution, liberalism, Marxist economics, Public Choice, Rawls and Nozick, rentseeking Tags: Age of Enlightenment, free speech, political correctness, regressive left
22 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, income redistribution, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking Tags: land supply, zoning
I started writing Build, Baby, Build: The Science and Ethics of Housing Regulation, in the early weeks of Covid. Now, with the kind cooperation of the Cato Institute, my second non-fiction graphic novel releases on May 1, 2024. That’s less than six weeks away.The official coverPlease forgive my laughable arrogance, but I assure you that…
Do Me a Personal Favor: Please Pre-Order *Build, Baby, Build* Now
21 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming, Public Choice, rentseeking Tags: European Union, solar power, wind power
Wind power acolytes exhibit all the hallmarks of a cult. 20 years on, and anyone with critical faculties can explain in a sentence why wind power will never amount to meaningful power generation source. But the cultist still believes – running on a mix of blind faith, ignorance and blissful stupidity. Cults are never big […]
Europe’s Wind Industry Collapse Leaves Wind Power Cult Searching For New False Idols
21 Mar 2024 Leave a comment
in discrimination, economics of crime, economics of education, human capital, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, occupational choice, politics - USA, poverty and inequality, property rights, Public Choice, rentseeking Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
As you know, I go back and forth on the question of affirmative action for college and professional-school admissions, and even after I thought I’d settled on a view (i.e., give some preference to minorities among those equally qualified for admission), it still keeps changing. After I read the long New York Times piece below […]
Nikole Hannah-Jones on reparations for descendants of slaves
17 Mar 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, history of economic thought, income redistribution, law and economics, property rights, Public Choice, public economics, rentseeking, urban economics Tags: rent control, Sweden
Bet On It reader Vanja Månborg knows a lot about rent control in Sweden. If you think Sweden is a country of thoughtful technocrats where government intervention works well, reading his guest post may make you think again. Here’s Vanja:Sweden has had rent control regulations since 1917 with less than two decades of pause between…
100 Years of Rent Control in Sweden
16 Mar 2024 Leave a comment
in defence economics, economic history, economics of bureaucracy, income redistribution, law and economics, liberalism, Marxist economics, Public Choice, public economics, rentseeking, war and peace Tags: Russian revolution, World War I
13 Mar 2024 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economic history, entrepreneurship, history of economic thought, income redistribution, international economics, labour economics, labour supply, poverty and inequality, Public Choice, rentseeking, survivor principle, unemployment Tags: creative destruction, free trade, tariffs
TweetProf. Angus Deaton Princeton University Prof. Deaton: Over the years I’ve learned much from your writings, and I regard your 2013 The Great Escape as one of the most important books published in the past 15 years. So I was quite surprised and disappointed to read that you, as you say, are now “much more…
An Open Letter to Nobel-laureate Economist Angus Deaton
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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