Celebrating humanity's flourishing through the spread of capitalism and the rule of law
15 Jun 2025 Leave a comment
in constitutional political economy, economic history, politics, Public Choice Tags: British constitutional law
In the United Kingdom, the mental health of politicians has traditionally commanded relatively little attention, perhaps due to popular cynicism and distrust towards elected officials. Still, those involved in UK political life have characterised it as a ‘rough old game’, with MPs referencing broken marriages, overwork, loss of friendships and poor sleep. Over time, MPs […]
Stefan Theil: Medical Incapacity and the UK Constitution
13 Jun 2025 1 Comment
in business cycles, history of economic thought, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, unemployment Tags: monetary policy
…the very next day, [Roger] Douglas appeared on TV declaring his intention to reduce inflation to ‘around 0 or 0 to 1 percent’ over the next couple of years, and then went on to make several similar comments in the following days. Douglas would soften his stance on specific timelines but ask the Reserve Bank and […]
How New Zealand invented inflation targeting
11 Jun 2025 Leave a comment
in economics of bureaucracy, inflation targeting, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
Months after various OIAs had been lodged on the question of Adrian Orr’s sudden departure on 5 March, we finally got a partial dump of documents this morning. (Sufficiently mishandled that at 10:04 this morning they’d send an email to OIA requesters saying they’d email out the response at 10:45 and then have it on […]
The Orr story (well, part of it anyway)
11 Jun 2025 Leave a comment
Unless it gets pulled from the agenda, the Knesset (parliament of Israel) may begin the voting process as soon as 11 June on a measure that would set an early election. This effectively could force an early end to Prime Minister Benjamin Netanyahu’s coalition of right-wing and religious parties. The two Haredi parties, United Torah […]
Will the Haredi parties really force an election?
10 Jun 2025 Leave a comment
in economics of crime, law and economics, politics - USA Tags: constitutional law, economics of immigration, law and order
Below is my column in Fox.com on the deployment of National Guard in Los Angeles. Another round of court challenges are unfolding, but the escalation is likely to continue on both sides. While the Guard’s motto is “Always Ready, Always There!,” California Democrats do not want them between rioters and federal law enforcement. Here is […]
Always Ready, Always There: Democrats Mobilize Against the National Guard Deployment
10 Jun 2025 Leave a comment
in law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law, racial discrimination
Michael Bassett writes – Have you noticed how contemptuous the Maori Party’s MPs are of democracy? After all, people who self-designate themselves as Maori are only 17% of the population. And amongst them, only a small proportion vote for the Maori Party. The brutal reality is that much higher numbers of Maori support Labour, while […]
The Maori Party thumbs its nose at democracy
10 Jun 2025 1 Comment
in applied price theory, economics of regulation, law and economics, politics - USA, property rights, urban economics Tags: housing affordability, offsetting behavior, The fatal conceit, unintended consequences
In my post Affordable Housing is Almost Pointless, I highlighted how point systems for awarding tax credits prioritize DEI, environmental features, energy efficiency, and other secondary goals far more than low cost. A near-comic example comes from D.C., where so-called affordable housing units now cost between $800,000 and $1.3 million dollars each! One such unit […]
Very Expensive Affordable Housing
09 Jun 2025 Leave a comment
in economics of regulation, politics - USA Tags: free speech
We have previously discussed laws that seek to criminalize “materially deceptive” political content worldwide, including memes and parodies. A civil law was blocked in California, where satirists and comedians opposed a Democratic law barring parodies and other expressions considered misleading. Now, legislators in Hawaii are trying again with a new law (S 2687) that criminalizes […]
HA.,HA., Thump: Hawaii Sued by the Babylon Bee and Other Groups Over Speech Crimes
09 Jun 2025 Leave a comment
in economics of crime, labour economics, labour supply, law and economics, politics - USA Tags: economics of immigration
Below is my column at Fox.com on the return of Kilmar Abrego Garcia and what lies ahead in the case. Regardless of the outcome of the criminal prosecution, one thing seems virtually certain: Abrego Garcia will eventually go home . . . to El Salvador. Here is the column:
Hard Landing: The Return of Kilmar Abrego Garcia
08 Jun 2025 1 Comment
in economics of bureaucracy, economics of regulation, income redistribution, politics - USA, Public Choice, regulation, rentseeking, urban economics Tags: housing affordability, land supply, zoning
Housing prices across much of America have hit historic highs, while less housing is being built. If the U.S. housing stock had expanded at the same rate from 2000-2020 as it did from 1980-2000, there would be 15 million more housing units. This paper analyzes the decline of America’s new housing supply, focusing on large […]
America’s Housing Supply Problem: The Closing of the Suburban Frontier?
08 Jun 2025 Leave a comment
in politics - USA, television, TV shows
Bill Maher’s “new rule” deals once again with why Democrats have lost power. Maher considers that we need a “liberal Joe Rogan,” but notes that Rogan doesn’t seem to have hewed too close to the Trumpian dogma. He adds that Musk, too, used to be more liberal, and explains their conversion, in part, due to […]
Bill Maher’s newest rule
07 Jun 2025 Leave a comment
in economic history, health economics, politics - New Zealand, politics - USA
The Whitehouse recently released a document titled: Make America Healthy Again. The health trends listed are stark – and the needed solutions are clear (even if is going to be like doing an Aircraft Carrier doing a u-turn in the Suez Canal). In many of the crisis stats NZ is not far behind. These are […]
A hugely important document for NZ to learn from.
06 Jun 2025 Leave a comment
One thing children who get murdered never seem short of is names. The latest example is Catalya Remana Tangimetua Pepene, the four-year-old Kaikohe child who recently met a violent death. Late 2023 it was Taita toddler, Ruthless-Empire Souljah Reign Rhind Shephard Wall. Or in 2016, 14 week-old Richard Royal Orif Takahi Winiata Uddin. Examples abound.What…
Ardern: If she insists on being remembered, I will oblige
05 Jun 2025 Leave a comment
in economic growth, macroeconomics, politics - New Zealand
I hadn’t had a look for a while at the OECD labour productivity (real GDP per hour worked) data, but the release of the latest OECD Economic Outlook the other day prompted me to spend some time in the (less user-friendly than it was) OECD database. It takes a while for all the data to […]
Productivity growth languishing
05 Jun 2025 Leave a comment
in economics of bureaucracy, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: constitutional law
Zoran Rakovic writes – This essay argues that the New Zealand government has acted ultra vires by interpreting and applying the Resource Management Act 1991 (RMA) in ways that impose Te Tiriti o Waitangi obligations upon private citizens and resource consent applicants without express statutory authority or due compensation. The practice violates foundational principles of […]
The Ultra Vires Reach of the Resource Management Act: Te Tiriti Obligations, Private Citizens, and the Erosion of Legal Boundaries
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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