Celebrating humanity's flourishing through the spread of capitalism and the rule of law
02 Feb 2016 1 Comment
in economic history, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: agricultural subsidies, Australia, Canada, cultural economics, Japan
Source: Agricultural policy – Agricultural support – OECD Data.
Agricultural support is defined as the annual monetary value of gross transfers to agriculture from consumers and taxpayers arising from government policies that support agriculture, regardless of their objectives and economic impacts.
02 Feb 2016 Leave a comment
in environmental economics, global warming, rentseeking
A lot of jobs depend upon action to fight climate change and global warming. Perhaps they should be little bit easier about accusing others of being on the payroll to criticise or advocate for a particular position in those debates.
There has been a recession in the climate change and global warming industry in the last few years. Then there was a bit of a rebound after the Paris climate talks and subsequent agreement to promise to do something but whatever that was is up to you and your domestic political constituencies.
Source: climate change Job Trends | Indeed.com.
Source: climate change Job Trends | Indeed.com.
Source: Global warming Job Trends | Indeed.com.
02 Feb 2016 Leave a comment
in environmental economics, global warming, international economic law, international economics, rentseeking
02 Feb 2016 Leave a comment
in constitutional political economy, development economics, economics of regulation, growth miracles, international economics, politics - New Zealand, Public Choice, rentseeking
The key reason why China joined the World Trade Organisation and other trade agreements is to bring some semblance of law to an authoritarian country. 
Source: AEAweb: AEJ: Macro (6,2) p. 29 – Free Trade Agreements and the Consolidation of Democracy via Max Roser.
Both the elites and ordinary people are prospering tremendously from the rise of capitalism in China, Vietnam and other places. A move away from this liberalisation to a more authoritarian setting would cost too many people too much money.
In the course of these economic liberalisations, China and Vietnam, for example, changed from totalitarian dictatorships to tin-pot dictatorships. As long as you keep out of politics in these countries, there is a fair degree of freedom and much more freedom compared to the days of communism.
Percentage employed in agriculture in the world's major economies over the last 50 years. https://t.co/UbaDnaE8Lr—
Robert Wilson (@CountCarbon) January 08, 2016
31 Jan 2016 1 Comment
in applied price theory, economics of education, income redistribution, politics - New Zealand, public economics, rentseeking
21 Jan 2016 Leave a comment
in applied price theory, development economics, economics of bureaucracy, growth disasters, Marxist economics, Public Choice, rentseeking Tags: 2016 presidential election, Argentina, Brazil, Venezuela
07 Jan 2016 1 Comment
in applied price theory, economics of regulation, rentseeking, transport economics Tags: creative destruction, taxi regulation, Uber
Where I live, taxis suddenly starting texting to say they are five minutes away or outside.
Source: Why taxi drivers are suddenly getting nicer – The Washington Post
05 Jan 2016 Leave a comment
in economics of regulation, environmental economics, politics - New Zealand, politics - USA, Public Choice, rentseeking, urban economics Tags: housing affordability, land use planning, RMA, zoning
04 Jan 2016 Leave a comment
in energy economics, environmental economics, global warming, rentseeking
Let he who is without sin cast the first stone. A lot of jobs depends upon climate alarmism, far fewer than on climate scepticism.
Source: “climate change” Job Trends | Indeed.com.
Few jobs in economics depend upon climate alarmism because bureaucracies and politicians do not like the answers that economists give on the cost of global warming so they pre-emptively do not fund the research.
31 Dec 2015 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of education, economics of information, economics of media and culture, income redistribution, international economics, Marxist economics, politics - New Zealand, Public Choice, rentseeking Tags: 2016 presidential election
24 Dec 2015 Leave a comment
in applied price theory, economic history, energy economics, environmental economics, global warming, Public Choice, rentseeking Tags: Big Solar, Big Wind, bootleggers and baptists, climate alarmism, Denmark, Germany, green rent seeking, power prices, solar power, wind power
14 Dec 2015 Leave a comment
in economic history, economics of bureaucracy, labour economics, politics - USA, Public Choice, rentseeking, unions Tags: union membership, union power, union wage premium
Public and private sector union membership took completely different paths in the USA over the last 40 years. Public sector union memberships held its own. There is been a steady decline in union membership in the private sector. The exception is construction unions which held their own in membership for the last 10 years.
Source: unionstats.com.
13 Dec 2015 Leave a comment
in economics of bureaucracy, economics of media and culture, economics of regulation, income redistribution, Marxist economics, politics - USA, Public Choice, rentseeking Tags: 2016 presidential election, expressive voting, left-wing populists, Leftover Left, rational ignorance, rational irrationality, right-wing populists
10 Dec 2015 1 Comment
in development economics, econometerics, energy economics, environmental economics, global warming, growth disasters, growth miracles, politics - New Zealand, Public Choice, rentseeking Tags: climate aid, climate alarmism, expressive voting, green rent seeking, New Zealand Greens, ODA, overseas development assistance
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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