I didn’t have much time in Argentina, but I can pass along a few impressions about how Milei is doing, noting I hold these with “weak belief”: 1. He is pretty popular with the general population. He is also popular in B.A. in particular. People are fed up with what they have been experiencing. It […]
Argentina Milei reform impressions
Argentina Milei reform impressions
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, constitutional political economy, development economics, economic growth, economics of bureaucracy, economics of regulation, fiscal policy, growth disasters, history of economic thought, income redistribution, international economics, labour economics, law and economics, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics, property rights, Public Choice, public economics, rentseeking, unemployment Tags: Argentina
FMI Public Speaker Series – Finn Kydland
23 Dec 2023 Leave a comment
in applied price theory, budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, Public Choice, public economics, rentseeking
An Upside-Down Economic History of Argentina
13 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, macroeconomics, Public Choice, public economics, rentseeking, Ronald Coase Tags: Argentina

Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War II, Argentina has suffered a dramatic decline in relative living standards. However, something shocking has […]
An Upside-Down Economic History of Argentina
A Pro-Globalization Banquet
05 Dec 2023 Leave a comment
in applied price theory, development economics, economic history, growth disasters, growth miracles, history of economic thought, income redistribution, international economics, liberalism, Marxist economics, Public Choice, rentseeking Tags: Age of Enlightenment, The Great Enrichment, The Great Escape
If you want to drink deeply of unabashedly pro-globalization essays, the Cato Institute has a “Defending Globalization” project underway. The well-written essays are mostly short or mid-length, and clearly aimed at the general public–including undergraduate students. I can’t hope to summarize the essays here, and indeed, more essays are on their way (and you can…
A Pro-Globalization Banquet
Liberal Hypocrisy is Fueling American Inequality. Here’s How. | NYT Opinion well worth watching
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of education, economics of regulation, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, top 1%, zoning
Upzoning with Strings Attached
21 Oct 2023 Leave a comment
in economics of regulation, income redistribution, Public Choice, rentseeking, urban economics Tags: offsetting behavior, unintended consequences, zoning
The subtitle of this paper is: “Evidence from Seattle’s Affordable Housing Mandate.” Here is the abstract: This paper analyzes the effects of a major municipal residential land use reform on new home construction and developer behavior. We examine Seattle’s Mandatory Housing Affordability (MHA) program, which relaxed zoning regulations while also encouraging affordable housing construction in […]
Upzoning with Strings Attached
A fact-checked debate about legal weed
08 Mar 2023 Leave a comment
in economics of crime, economics of regulation, health economics, law and economics, liberalism, libertarianism, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: economics of prohibition, marijuana decriminalization
Milton Friedman on Donahue #2
03 Jan 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, environmental economics, history of economic thought, income redistribution, labour economics, law and economics, liberalism, libertarianism, Marxist economics, Milton Friedman, Public Choice, public economics, rentseeking Tags: capitalism and freedom, The Great Enrichment
Uncancelled History | EP. 02 Colonialism
26 Dec 2022 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, growth miracles, income redistribution, International law, law and economics, liberalism, Marxist economics, property rights, Public Choice, public economics, rentseeking Tags: Age of Discovery, age of empires, economics of colonialism
Ladies and Gentlemen, your Prime Minister
12 Dec 2022 Leave a comment
in constitutional political economy, politics - New Zealand, Public Choice, rentseeking Tags: political correctness, racial discrimination, regressive left
Thomas Sowell – Production, Inequality and Human Capital
16 Aug 2022 Leave a comment
in applied price theory, comparative institutional analysis, development economics, discrimination, economic growth, economic history, growth disasters, history of economic thought, human capital, income redistribution, labour economics, labour supply, law and economics, macroeconomics, Marxist economics, monetary economics, occupational choice, poverty and inequality, property rights, Public Choice, rentseeking, Thomas Sowell Tags: racial discrimination
Thomas Sowell – The Real World Effects of Preferential Policies
12 Aug 2022 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economic history, economics of education, human capital, income redistribution, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, Public Choice, rentseeking, Thomas Sowell Tags: affirmative action, offsetting behaviour, racial discrimination, unintended consequences
I Annoyed a mercantilist
06 Jul 2022 Leave a comment
in applied price theory, applied welfare economics, economic history, income redistribution, industrial organisation, international economics, labour economics, labour supply, Public Choice, rentseeking, survivor principle, transport economics Tags: free trade, free trade agreements, tariffs

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