In Lift the Ban on Supersonics I wrote: Civilian supersonic aircraft have been banned in the United States for over 50 years! In case that wasn’t clear, we didn’t ban noisy aircraft we banned supersonic aircraft. Thus, even quiet supersonic aircraft are banned today. This was a serious mistake. Aside from the fact that the noise was exaggerated, technological development […]
Supersonics Takeoff!
Supersonics Takeoff!
27 Jun 2025 1 Comment
in economics of regulation, entrepreneurship, transport economics
EVs Lose Two Thirds Of Value In A Year
25 Jun 2025 1 Comment
in transport economics Tags: electric cars
By Paul Homewood h/t Philip Bratby When will they get the message? Nobody wants to buy these utterly useless vehicles? The Mail report: Some electric cars are worth as little as a third of their initial price – the equivalent of shedding £26,000 – after just 12 months, with This is Money […]
EVs Lose Two Thirds Of Value In A Year
Supreme Court Delivers Blow To California Climate Zealots
24 Jun 2025 Leave a comment
in economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, law and economics, politics - USA, property rights, Public Choice, transport economics
“The Supreme Court put to rest any question about whether fuel manufacturers have a right to challenge unlawful electric vehicle mandates,” American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson said in a statement.
Supreme Court Delivers Blow To California Climate Zealots
A new ferry that didn’t cost us a cent
20 Jun 2025 Leave a comment
in economics of bureaucracy, politics - New Zealand, Public Choice, transport economics
Stuff reports: There has been a lot written about Cook Strait ferries lately but far off in the distance, a new ship that will sail between the North and South Islands is slowly making its way here. Called Livia, the ship has had a fresh coat of paint to transform it from the Stena Line colours into […]
A new ferry that didn’t cost us a cent
Electric cars halve in value after just two years
30 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: electric cars
By Paul Homewood Second hand EV prices are going through the floor, as nobody wants to buy them. The Telegraph has the story: Electric vehicles (EVs) are losing more than half their value in the first two years of ownership amid a wave of heavy discounting by carmakers. A typical EV now retains […]
Electric cars halve in value after just two years
Has international travel to the U.S. really collapsed?
05 May 2025 Leave a comment
in politics - USA, transport economics Tags: 2024 presidential election
But despite some ominous signs, a close look at the data shows that travel to the United States is largely holding up — at least so far. Nearly as many foreign travelers have arrived at American airports this year than during the same period last year, according to an analysis by The New York Times […]
Has international travel to the U.S. really collapsed?
The importance of the chronometer
24 Mar 2025 1 Comment
in applied price theory, econometerics, economic history, industrial organisation, transport economics, urban economics Tags: Age of Discovery
The chronometer, one of the greatest inventions of the modern era, allowed for the first time for the precise measurement of longitude at sea. We examine the impact of this innovation on navigation and urbanization. Our identification strategy leverages the fact that the navigational benefits provided by the chronometer varied across different sea regions depending […]
The importance of the chronometer
Commerce Secretary Lutnick Is Among Those Government Officials Who Are Ignorant of Basic Economic Facts
21 Mar 2025 Leave a comment
in applied price theory, economic history, industrial organisation, international economics, market efficiency, politics - USA, survivor principle, transport economics Tags: 2024 presidential election, free trade, tarrifs
TweetHere’s a note to the Highland County Press. Editor: Commerce secretary Howard Lutnick asserts that NAFTA allowed U.S. automobile producers to “screw” American auto workers by shifting auto-industry production to Mexico and Canada (“Trump Cabinet members: Tariff plans are working; tariffs could eliminate federal income tax for those earning less than $150,000,” March 20). Mr.…
Commerce Secretary Lutnick Is Among Those Government Officials Who Are Ignorant of Basic Economic Facts
Share the “Deep Internal Conflict” of the Green Aussie Billionaire who Just Bought a Private Jet
15 Mar 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia, transport economics Tags: climate activists
“… so I can run a global business from Australia, and still be a constantly present dad …”
Share the “Deep Internal Conflict” of the Green Aussie Billionaire who Just Bought a Private Jet
RODNEY HIDE: Fight! Fight! Fight!
04 Mar 2025 Leave a comment
in health economics, law and economics, liberalism, politics - New Zealand, transport economics Tags: economics of pandemics, free speech, political correctness, regressive left
It was shocking how the institutions we thought we could rely on crumbled like a stack of cards. The opposition, the media, the courts,…
RODNEY HIDE: Fight! Fight! Fight!
Lift the Ban on Supersonics: No Boom
28 Feb 2025 Leave a comment
in economics of regulation, transport economics
Boom, the supersonic startup, has announced that their new jet reaches supersonic speeds but without creating much of an audible boom. How so? According to CEO Blake Scholl: It’s actually well-known physics called Mach cutoff. When an aircraft breaks the sound barrier at a sufficiently high altitude, the boom refracts in the atmosphere and curls […]
Lift the Ban on Supersonics: No Boom
Bugger all
21 Feb 2025 Leave a comment
in energy economics, environmental economics, environmentalism, transport economics Tags: electric cars
The Royal Society Moves to Expel Musk Over His Political Views
21 Feb 2025 Leave a comment
in economics of education, entrepreneurship, law and economics, liberalism, Marxist economics, property rights, transport economics Tags: free speech, political correctness, regressive left, space
Founded in 1660, the Royal Society is one of the most prominent scientific organizations in the world with associations to such luminaries as Sir Isaac Newton and Charles Darwin. Despite that proud history, British scientists are pushing to politicize the society and expel Elon Musk because they disagree with his political views. It is not […]
The Royal Society Moves to Expel Musk Over His Political Views
Cordon Pricing Makes New York Congestion Worse
13 Feb 2025 Leave a comment
in applied price theory, transport economics, urban economics Tags: cordon pricing
Early reports claim that New York City’s so-called congestion pricing program is a great success, reducing the number of vehicles driving into lower Manhattan by 5 to 6 percent. However, because it really isn’t congestion pricing — that is, it doesn’t price roads by how much congestion there is but … Continue reading →
Cordon Pricing Makes New York Congestion Worse
The long road to housing affordability
11 Feb 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, transport economics, urban economics Tags: housing affordability, land supply, zoning
There is much work yet to be done in New Zealand to improve housing affordability, despite recent declines in valuations. Eric Crampton writes – It wasn’t that long ago that New Zealand’s housing market made international news because of its insanity. In 2016, The Guardian tagged Auckland as the “hottest property market in the world” […]
The long road to housing affordability
Utopia, you are standing in it! 
Recent Comments