William M. Landes and Richard A. Posner’s 1981 Harvard Law Review article “Market Power in Antitrust Cases” is a true classic. Showing the value of interdisciplinary work within the law & economics tradition, it brought real clarity to what “market power” means and how courts should assess it—cutting through vague labels like “monopoly power” and…
A comprehensive article in the SST about the rise in black market tobacco sales in NZ. Some extracts: This is again a reminder that prohibition doesn’t work, and neither does trying to tax something so much to prohibit it.
A guest post by Sean Rush: If you’ve read the headlines about Climate Clinic Aotearoa v Minister of Energy, you might believe a group of law students marched into the Supreme Court and reshaped New Zealand’s climate policy. The popular narrative suggests a solid victory to the students, with reports that the students created new law,…
The Post has ranked Ministers and senior opposition MPs. This is their ratings, not mine. Agree with some, disagree with others. I thought the ranking for Willow-Jean Prime was a bit generous. The post The Post ranks the MPs first appeared on Kiwiblog.
Western leftists do criticise Islamic states at times—but they rarely prioritise opposing them, and often treat them with conspicuous restraint. That asymmetry is not accidental. It follows from the same ideological lenses that drive anti-Zionism. Here are the main reasons. 1. Anti-imperialism outweighs liberal values For much of the Western Left, opposition to Western power is the overriding moral […]
When he first ran for President, I observed that Trump was a big-government Republican. This doesn’t mean he’s part of the moderate GOP establishment, like Bush and Romney. But it does mean that there is considerable overlap in terms of supporting bad policy, as indicated by my last two columns. Yesterday, I wrote about his […]
After the U.S. Supreme Court decided Free Speech Coalition v. Paxton last year, I wrote that the “broader war over age verification and parental consent online isn’t over.” As we head into 2026, that prediction looks right. The fight has shifted. Lawmakers have moved their focus from social-media platforms to app stores. But the basic…
Demography is the study of the structure of human populations, including factors like births, deaths, aging, as well as health and economic factors. Some demographic changes happen slowly, over decades, but in a predicable way. For example, if you want to look at projections for the year 2050 of the ratio of the US working-age…
In this shortish (23-minute) video, Sam Harris and John McWhorter discuss whether wokeness is finally dead. The short answer is “nope.” It may have lain down, but it refuses to die. The YouTube notes (there’s a transcript you can see as well): Sam Harris speaks with John McWhorter about language, ideology, and moral certainty. They […]
More recently, his research has found new attention and urgency in President Donald Trump’s second term: Borjas, 75, worked as a top economist on the Council of Economic Advisers, a post he stepped down from last week. Borjas is an immigrant and refugee who escaped Cuba for the United States in 1962 and later obtained…
No, today’s column is not about Trump’s inane protectionism, which is definitely an example of economic illiteracy. It’s about another area where Trump is copying Joe Biden, channeling Elizabeth Warren, mind-melding with AOC, and acting like Bernie Sanders. Though it probably is indirectly connected with protectionism. “Affordability” has become a big issue, in part because […]
This longish diatribe against “progressives” (i.e., left-wing extremists who aren’t Communists) appeared in my weekly Substack recommendations. Intrigued by the title, I printed it out and read it (I can’t read on screens.) Que’s thesis is one you’ve often seen me advance: “progressives” have gone so far that they’ve alienated much of the Left, and…
Reader Norman sent me the first video below saying, “in one of your posts the other day you gave a link to an article about how anti-Zionism = antisemitism.” Yes, I’ve frequently said that and in fact did so in the last post. And I think the equation is clearly true. For those on the…
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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