The youth of today
24 Jul 2025 Leave a comment
in liberalism, Marxist economics, politics - USA Tags: useful idiots
Revolution by Judicial Decree: A Review of Professor Peter Watts KC’s “Ellis v R, A Revolution in Aotearoa New Zealand, Welcome or Not”
24 Jul 2025 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
Roger Partridge writes – Revolutions conjure images of violent uprisings, the storming of institutions, and the forcible overthrow of existing orders. But constitutional foundations can be destroyed through more subtle means. When judges discard long-established constitutional principles and remake the law according to their preferences, they engage in a revolution that may be no less […]
Revolution by Judicial Decree: A Review of Professor Peter Watts KC’s “Ellis v R, A Revolution in Aotearoa New Zealand, Welcome or Not”
Markets in everything, bet on tariff repeal edition
23 Jul 2025 Leave a comment
in applied price theory, entrepreneurship, financial economics, international economics, politics - USA Tags: tarrifs
Cantor Fitzgerald, a financial services company led by the sons of US Commerce Secretary Howard Lutnick, has offered to buy the right to hundreds of millions of dollars in potential refunds from companies that have paid Trump’s tariffs. The offer means that the sons of the pro-tariff commerce secretary, Kyle and Brandon, have made a way for […]
Markets in everything, bet on tariff repeal edition
Planned Parenthood going the way of the ACLU and the SPLC?
23 Jul 2025 Leave a comment
in discrimination, gender, health economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left, sex discrimination
Luana called my attention to an article on wokeness, in this case describing the ideological erosion of Planned Parenthood (henceforth “PP). Click the headline below to read the WSJ “Saturday essay”, or or find it archived free here. Notice that the author is Pamela Paul, formerly the Sunday book-review editor and then a columnist for […]
Planned Parenthood going the way of the ACLU and the SPLC?
Stop the corporate welfare
22 Jul 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, income redistribution, industrial organisation, politics - New Zealand, Public Choice, rentseeking
The Herald reports: More than half of the $257 million loan book held by the Government entity formerly known as the Provincial Growth Fund is considered to be at risk of impairment or default. The surge in at-risk loan advances made by Crown Regional Holdings (CRH) – a vehicle used by the Government to warehouse […]
Stop the corporate welfare
The inherited power supply crisis
21 Jul 2025 Leave a comment
in energy economics, politics - New Zealand
The Herald reports: An influential collection of business and consumer organisations are calling on Prime Minister Christopher Luxon to fix the “broken” energy sector. In a letter published in today’s Sunday newspapers titled “Our energy market is broken”, Luxon was told the country was running out of gas, new electricity generation is taking an age, […]
The inherited power supply crisis
PETER WILLIAMS (on behalf of the Taxpayers’ Union): The Nats are considering keeping Te Mana o te Wai
21 Jul 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice, resource economics Tags: constitutional law
Peter Williams writes – The Taxpayers’ Union has been alerting supporters about the “Te Mana o te Wai” (literally meaning the mana of the water) requirements, which are still applicable to local councils’ environmental planning/consenting. It is becoming clear that the Coalition Government is continuing down Labour’s path of undemocratic and costly co-governance due to pressure […]
PETER WILLIAMS (on behalf of the Taxpayers’ Union): The Nats are considering keeping Te Mana o te Wai
Making sense of the case for compensation in regulatory bill
21 Jul 2025 Leave a comment
in applied price theory, economics of bureaucracy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics Tags: takings
Eric Crampton writes – The Regulatory Standards Bill before Parliament provides no enforceable legal right to compensation for the cost of regulation. It only suggests that compensation can be warranted when regulation takes or impairs property. A sovereign Parliament remains free to ignore that advice, as is made abundantly clear in sections 24 through 26 […]
Making sense of the case for compensation in regulatory bill
America’s Armchair Revolutionaries: How the Left is Rediscovering Marxism as the Ultimate Virtue Signal
21 Jul 2025 Leave a comment
in Marxist economics, politics - New Zealand Tags: useful idiots
Below is my column in The Hill on the rise of American armchair revolutionaries, particularly among young, affluent college graduates. It is part of the “radical chic” fostered from higher education to Hollywood for citizens who have no memory of the failures of socialism and communism in the 20th Century. Here is the column:
America’s Armchair Revolutionaries: How the Left is Rediscovering Marxism as the Ultimate Virtue Signal
Immigrant Assimilation Is Obviously High
19 Jul 2025 Leave a comment
in labour economics, labour supply, politics - USA, population economics Tags: economics of immigration
I recently argued that self-reports understate the personality gender gap. As long as some men rate their personalities relative to the average male, and some women rate their personalities relative to the average female, the gap the data reveal is less than the true gap. 798 more words
Immigrant Assimilation Is Obviously High
The Timing of Abundance
18 Jul 2025 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, environmental economics, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, zoning
In case you missed my *Build, Baby, Build* because of the 2024 election.
The Timing of Abundance
What Andrew Little must do to show he is worthy of winning the Wellington mayoralty
17 Jul 2025 Leave a comment
Peter Dunne writes – National Prime Ministers seem to have a thing about Wellington. In 2013 then Prime Minister John Key raised the ire of Wellington’s community and business leaders when he told an Auckland audience that the capital city was “dying” and that “we don’t know how to turn it around.” He subsequently offered […]
What Andrew Little must do to show he is worthy of winning the Wellington mayoralty
Disinformation from TPM
16 Jul 2025 Leave a comment
in discrimination, law and economics, politics - New Zealand, property rights, Public Choice Tags: native title, racial discrimination, regressive left
Te Pati Maori in a burp of disinformation declared Eric Crampton as the policy mind between the Foreshore & Seabed law and Marine and Coastal Area law. Of course once again the media largely ignore the fact they just tell blatant lies. Three inconvenient facts:
Disinformation from TPM
Hipkins’ role as Covid czar thrust into spotlight
16 Jul 2025 Leave a comment
in health economics, politics - New Zealand Tags: anti-vaccination movement, economics of pandemics
Labour leader can no longer pretend to be the Man Who Wasn’t There Graham Adams writes – When Chris Hipkins replaced Jacinda Ardern as Prime Minister in January 2023, the legacy media preposterously promoted him as a new broom. By promising a “policy bonfire” of some of the issues that had led to Labour’s plunging […]
Hipkins’ role as Covid czar thrust into spotlight
Tariff Shenanigans
15 Jul 2025 Leave a comment
in applied price theory, international economic law, international economics, politics - USA Tags: free trade, offsetting behavior, tarrifs
In our textbook, Tyler and I give an amusing example of how entrepreneurs circumvented U.S. tariffs and quotas on sugar. Sugar could be cheaply imported into Canada and iced tea faced low tariffs when imported from Canada into the U.S., so firms created a high-sugar iced “tea” that was then imported into the US and […]
Tariff Shenanigans
Utopia, you are standing in it! 
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