The shamble at COP demonstrates that the world is moving away from the idea that hydrocarbons can be removed from a modern economy. But an accident of recent electoral politics has left Britain with a fanatical Government of Net Zero zealots. The anti-working class Labour party was returned to power with a popular vote count less than its losing Marxist leader obtained in 2019. The U.K. FIRES work demonstrates what lies in store. A resurgent America bounding ahead on cheap energy and unleashed entrepreneurial spirits will contrast with its European allies shutting down industrial manufacturing in pursuit of an increasing unpopular state-mandated doomsday cult.
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
02 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: British politics
Growing Electric Car Sales Slump In Germany… Ford Cuts Back Production In Cologne Plant
18 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: electric cars, Germany
Germany’s Blackout News reports on the ongoing sales slump for in e-cars and how the Ford plant in Cologne is putting its employees on reduced work times (Kurzarbeit). AI generated symbol image (Chat GPT) Currently there’s a “growing crisis in the e-car market” and the production of the Explorer and Capri electric models at the…
Growing Electric Car Sales Slump In Germany… Ford Cuts Back Production In Cologne Plant
Local Labor Market Effects of Amazon
18 Nov 2024 Leave a comment
in applied price theory, econometerics, labour economics, labour supply, urban economics
Does the entry of a large employer to a local labor market increase welfare for residents? To answer this question, I analyze the local effects of the dramatic expansion of Amazon’s fulfillment center (FC) network from 2010 onward. I exploit the staggered roll-out of FCs across large U.S. metros in a difference-in-difference framework. I find […]
Local Labor Market Effects of Amazon
Resolving the infrastructure deficit
16 Nov 2024 Leave a comment
in economics of bureaucracy, economics of regulation, environmental economics, law and economics, politics - New Zealand, property rights, Public Choice, public economics, transport economics, urban economics
Peter Dunne writes – Last week the government announced plans to build two new tunnels in central Wellington to ease traffic congestion. One will be a second tunnel through Mount Victoria to improve the flow of traffic to the eastern suburbs and Wellington International Airport. The other will be alongside the existing Terrace tunnel to […]
Resolving the infrastructure deficit
Trumping the Electric Vehicle Mandate
15 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA, transport economics, urban economics Tags: 2024 presidential election, electric cars
Four principles will likely guide the Trump Administration’s actions on the auto industry in the next several months: (a) tariffs to protect domestic auto industry jobs, (b) fighting against mandates that tilt the playing field toward an EV technology that is both widely unpopular especially for load-carrying vehicles, (c) lowering the overall cost of owning reliable transportation for American consumers, and (d) consumer choice, not government mandates, must drive the auto and truck marketplace.
Trumping the Electric Vehicle Mandate
Electric Vehicles: A Tale of Woe in the Absence of the Market Process
09 Nov 2024 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation, politics - USA, survivor principle, transport economics, urban economics Tags: electric cars
There is a market for electric vehicles, but government mandates and subsidies—regulators predicting winners and losers—cause more harm than good. By forcing technology into widespread use before it is ready for primetime, governments are causing consumers to resist EVs. Instead, government regulators should allow consumer demand, competition, and the “market process” to guide EV adoption.
Electric Vehicles: A Tale of Woe in the Absence of the Market Process
The Shinkansen and Japan’s Lost Decades
30 Oct 2024 Leave a comment
in applied price theory, economic growth, economics of bureaucracy, industrial organisation, macroeconomics, Public Choice, public economics, survivor principle, transport economics, urban economics Tags: Japan
Japan is known for many things, but two of them are the Shinkansen high-speed trains and the nation’s three Lost Decades of slow economic growth. Unfortunately, most tourists who go to Japan see the former and don’t see the latter and especially don’t see the connection between the two. The … Continue reading →
The Shinkansen and Japan’s Lost Decades
‘Taxpayer Talk’ | Simon Court joins Jordan Williams to talk RMA reform
14 Oct 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, environmental economics, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics, rentseeking, resource economics, transport economics, urban economics Tags: zoning
Addressing the Housing Crisis
10 Oct 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, income redistribution, law and economics, politics - New Zealand, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: affordable housing, land supply, regressive left
Japan’s population is roughly equal to the five most-populous states of the U.S. — California, Florida, New York, Pennsylvania, and Texas — concentrated in a nation that has approximately the land area of Montana, which is only about a fourth as large as those five most-populous states. Moreover, well over … Continue reading →
Addressing the Housing Crisis
Transit’s Ride into Irrelevance
10 Oct 2024 Leave a comment
in transport economics, urban economics
Just 3.5 percent of American workers commuted to work by public transit in 2023, according to American Community Survey data recently released by the Census Bureau. That’s down from 5.0 percent in 2019. Since transit ridership so far in 2024 is only about 4 percent more (when measured as a … Continue reading →
Transit’s Ride into Irrelevance
After 30 years, there is hope
27 Sep 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, environmental economics, environmentalism, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, transport economics, urban economics Tags: housing affordability, land supply, zoning
Chris Bishop and Simon Court announced: Two new laws will be developed to replace the Resource Management Act (RMA), with the enjoyment of property rights as their guiding principle, RMA Reform Minister Chris Bishop and Parliamentary Under-Secretary Simon Court say. “The RMA was passed with good intentions in 1991 but has proved a failure in […]
After 30 years, there is hope
The high cost of free insurance
24 Sep 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of information, economics of regulation, environmental economics, politics - New Zealand, Public Choice, public economics, urban economics Tags: unintended consequences
Eric Crampton writes – Government sometimes cannot stop itself from providing bailouts when risk-taking goes wrong. This kind of ‘free’ insurance policy leads to no end of bad outcomes.
The high cost of free insurance
Second-hand electric car prices falling at faster and faster rate
22 Sep 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: electric cars
By Paul Homewood h/t Philip Bratby This hardly comes as a surprise! Electric vehicles (EVs) are losing value at an “unsustainable” rate as a slowdown in consumer demand sends used car prices tumbling, leasing companies have warned.
Second-hand electric car prices falling at faster and faster rate
Facts about Britain
22 Sep 2024 Leave a comment
in applied price theory, economic growth, economics of bureaucracy, economics of regulation, energy economics, environmental economics, industrial organisation, labour economics, law and economics, macroeconomics, Public Choice, resource economics, transport economics, urban economics Tags: British politics
Between 2004 and 2021, before Russia’s invasion of Ukraine, the industrial price of energy tripled in nominal terms, or doubled relative to consumer prices. With almost identical population sizes, the UK has under 30 million homes, while France has around 37 million. 800,000 British families have second homes compared to 3.4 million French families. Per capita electricity generation in the UK […]
Facts about Britain
The Affordable Rent Act
22 Sep 2024 Leave a comment
in applied price theory, economics of regulation, income redistribution, law and economics, property rights, Public Choice, rentseeking, urban economics Tags: rent control
Bloomberg: Moraal is among the growing number of Dutch people struggling to find a rental property after a new law designed to make homes more affordable ended up aggravating a housing shortage. Aiming to protect low-income tenants, the government in July imposed rent controls on thousands of homes, introducing a system of rating properties based on […]
The Affordable Rent Act
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