TweetHere’s a letter to the Wall Street Journal. Editor: Writing about U.S. trade deficits, Greg Ip declares that “by exporting so much, China effectively forces its trading partners to run deficits” (“The Global Economy Is Threatened Again by Trade Imbalances,” June 12). Wrong. U.S. trade deficits occur whenever foreigners sell more to us than they…
Greg Ip Is Mistaken Again About U.S. Trade Deficits
Greg Ip Is Mistaken Again About U.S. Trade Deficits
15 Jun 2026 Leave a comment
in applied price theory, development economics, growth miracles, history of economic thought, industrial organisation, international economics, politics - USA Tags: free trade
Callaghan failure
14 Jun 2026 Leave a comment
in applied price theory, economics of bureaucracy, industrial organisation, politics - New Zealand, Public Choice, public economics, rentseeking, survivor principle, theory of the firm Tags: industry policy, picking losers
The Post reports: Nearly a third of the Callaghan Innovation’s $149 million Covid-era research and development loan book is in arrears, including $21.5m linked to 63 failed or insolvent businesses, as the agency enters its final months before disestablishment. Callaghan Innovation – a government entity set up to make businesses around the country more innovative…
Callaghan failure
The History of Greenpeace: The Evolution of Green Extremism
14 Jun 2026 Leave a comment
in economic history, economics of climate change, economics of crime, economics of regulation, energy economics, environmental economics, environmentalism, global warming, International law, law and economics, Marxist economics, politics - USA, property rights Tags: climate activists, nuisance suits
The era of unchecked “activism” that masks itself as science while practicing inhumane sabotage is reaching its end. We are witnessing the slow, painful process of reality catching up to the Greenpeace propaganda. And frankly, it’s about time. The post The History of Greenpeace: The Evolution of Green Extremism appeared first on Watts Up With…
The History of Greenpeace: The Evolution of Green Extremism
A Quiet Rewrite That Could Shape a Thousand Climate Cases
14 Jun 2026 Leave a comment
in economics of regulation, law and economics, politics - USA, property rights
An under-the-radar legal switcheroo should concern every business leader, investor, and taxpayer in America. Now, 23 state attorneys general have taken notice and sent a letter to the Administrative Office of U.S. Courts that bolsters the efforts of three eminent scientists who sounded the alarm. The post A Quiet Rewrite That Could Shape a Thousand…
A Quiet Rewrite That Could Shape a Thousand Climate Cases
Professors Behind the California Wealth Tax Threaten Possible Legal Action Against Critic
11 Jun 2026 Leave a comment
in income redistribution, law and economics, politics - USA, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
There is an interesting controversy brewing in California after four California university professors threatened a political candidate, Richard Lucas, for…
Professors Behind the California Wealth Tax Threaten Possible Legal Action Against Critic
Superannuation affordability options
09 Jun 2026 Leave a comment
in economic growth, fiscal policy, income redistribution, labour economics, labour supply, macroeconomics, politics - New Zealand, Public Choice, public economics Tags: economics of immigration, ageing society, population bust
Lyric Waiwiri-Smith at The Spinoff asked me what I thought the options might be for dealing with rising superannuation costs. Her story’s here, along with comment from Max Rashbrooke and Shamubeel Eaqub. My most-preferred option is ongoing increases in immigration rates, coupled with shifting to CPI-indexation of super benefits and indexing the age of eligibility to healthy…
Superannuation affordability options
Who gets in on Labour’s List?
08 Jun 2026 Leave a comment
in politics - New Zealand Tags: 2026 general election
Labour have released their party list. People want to know who is likely to get in as a List MP. First how many overall seats will they get? On the average of the public polls it is 39. Then it is how many electorates will they win? Well purely on applying the current party vote…
Who gets in on Labour’s List?
Artificial Intelligence, Natural Ignorance
07 Jun 2026 Leave a comment
in economics of information, economics of media and culture, economics of regulation, entrepreneurship, financial economics, history of economic thought, industrial organisation, market efficiency, politics - USA, regulation, survivor principle Tags: creative destruction
Everyone in Washington seems to agree that artificial intelligence must be governed. The only real dispute is who gets the steering wheel. Congress? Federal agencies? State legislatures? Some newly minted task force with a long acronym and a taste for reporting requirements? That debate is already too narrow. President Donald Trump’s recent executive order on…
Artificial Intelligence, Natural Ignorance
Let’s not celebrate copyright law extension
06 Jun 2026 Leave a comment
in law and economics, Music, politics - New Zealand, property rights Tags: patents and copyrights
The Herald reports: The Government is introducing sweeping changes to copyright law, which will see songs like I See Red by Split Enz, Dragon’s April Sun in Cuba and Hello Sailor’s Gutter Black enjoy extended copyright protection. Copyright protection for these songs would expire in the next two years without the law change. As they should. It was released 48 years…
Let’s not celebrate copyright law extension
A “View from the East Wing”: Jill Biden’s Fantasy Book Tour
06 Jun 2026 Leave a comment
in economics of crime, law and economics, politics - USA Tags: constitutional law
Below is my column in the New York Post on the latest claims of former First Lady Jill Biden on…
A “View from the East Wing”: Jill Biden’s Fantasy Book Tour
Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators
05 Jun 2026 Leave a comment
in economics of crime, law and economics, politics - USA
Minnesotans are familiar with the perils of “snow blindness,” a temporary blindness caused by overexposure to ultraviolet rays from the…
Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators
The Free Palestine party shows that political advertising for parliamentary parties should not be taxpayer funded
05 Jun 2026 Leave a comment
in politics - New Zealand, war and peace, defence economics Tags: Israel, Gaza Strip, Middle-East politics, regressive left, 2026 general election
A new political party “Palestine Free from the River to the Sea” are explicitly saying that “Our purpose in creating a party is not to seek power, but to raise awareness. If we can reach 500 members quickly we will qualify for government funding to be used in campaign advertising. Every cent will go towards…
The Free Palestine party shows that political advertising for parliamentary parties should not be taxpayer funded
My Opening Statement for the UATX Caplan-Jones Immigration Rematch
04 Jun 2026 Leave a comment
in applied price theory, development economics, growth disasters, labour economics, labour supply, liberalism, libertarianism, politics - USA Tags: economics of immigration
Garett Jones is the best critic of immigration in all of social science. In fact, it’s not even close. To the best of my knowledge, he is the only such critic who has seriously tried to show that the social costs of immigration are even more astronomical than the social benefits of immigration. In fact,…
My Opening Statement for the UATX Caplan-Jones Immigration Rematch
Net Zero Just Cut Aussie Wheat Production by 50%
03 Jun 2026 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia
Too bad all those Aussie oil refineries had to close. The post Net Zero Just Cut Aussie Wheat Production by 50% appeared first on Watts Up With That?.
Net Zero Just Cut Aussie Wheat Production by 50%
Inclusion of UNDRIP in India FreeTrade Agreement
03 Jun 2026 Leave a comment
in constitutional political economy, economic history, economics of regulation, international economics, law and economics, politics - New Zealand, property rights Tags: constitutional law
Oral submissions to the Foreign Affairs, Defence and Trade Committee
Inclusion of UNDRIP in India FreeTrade Agreement
Utopia, you are standing in it! 
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