A couple of weeks ago the editor of Central Banking magazine (something of an house journal for central bankers, and for whom I’ve done book reviews for some years) invited me to write a fairly full article for a non-NZ audience on the extraordinary events of recent months. Having been so caught up in the […]
Article for Central Banking magazine on Orr/Quigley/Willis saga, and lessons
Article for Central Banking magazine on Orr/Quigley/Willis saga, and lessons
25 Sep 2025 Leave a comment
in economics of bureaucracy, inflation targeting, macroeconomics, politics - New Zealand, Public Choice
Michael Clemens on H1-B visas
24 Sep 2025 1 Comment
in applied price theory, econometerics, economic growth, economic history, entrepreneurship, human capital, international economics, labour economics, labour supply, macroeconomics, politics - USA Tags: economics of immigration
From 1990 to 2010, rising numbers of H-1B holders caused 30–50 percent of all productivity growth in the US economy. This means that the jobs and wages of most Americans depend in some measure on these workers. The specialized workers who enter on this visa fuel high-tech, high-growth sectors of the 21st century economy with skills like computer […]
Michael Clemens on H1-B visas
Climate Alarmism: Not Science, But Superstition
24 Sep 2025 1 Comment
in economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: climate alarmism
Brian C. Joondeph writes at American Thinker, CO2 Alarmism: Science or Superstition? Excerpts in italics with my bolds and added images. When Americans hear about carbon dioxide (CO2), it’s often shown as a harmful pollutant that threatens the planet. Politicians, activists, and media outlets warn that if we don’t reduce emissions right away, disaster will […]
Climate Alarmism: Not Science, But Superstition
Pro-worker changes to Holidays Act
23 Sep 2025 Leave a comment
in labour economics, labour supply, politics - New Zealand
Labour, Greens and the media would have you believe the changes to Holidays Act are some sort of assault on workers. In fact, they generally improve things for employees. The CTU, to be fair, has been quite balanced with their comments – unlike the hysteria from Labour and Greens. The case for change is massive. […]
Pro-worker changes to Holidays Act
Two bits from Bill Maher’s latest show
23 Sep 2025 Leave a comment
in defence economics, economics of crime, law and economics, liberalism, Marxist economics, politics - USA, television, TV shows
Here are two short (ca. 7 minutes each) clips from Friday’s “Real Time” show with Bill Maher; watch ’em before they take them down. They’re both good–and larded with humor. The first is his opening monologue about the censorship and fear of American media. Maher points out that Jimmy Kimmel’s firing occurred exactly 24 years […]
Two bits from Bill Maher’s latest show
Families and friends on opposite sides in a war
23 Sep 2025 Leave a comment
in defence economics, politics - USA, war and peace Tags: American Civil War
This has some relevance to today’s wars. Families and friends who ended up on opposite sides in the U.S. Civil War (1861–1865) experienced some of the most painful consequences of the conflict. The war was not just between North and South—it cut across states, towns, and even households. Here’s what happened in different situations: Families […]
Families and friends on opposite sides in a war
Local government elections 2025 for a libertarian
23 Sep 2025 Leave a comment
in economics of bureaucracy, economics of regulation, environmental economics, environmentalism, law and economics, liberalism, libertarianism, Marxist economics, politics - New Zealand, property rights, Public Choice, transport economics, urban economics Tags: housing affordability, land supply, regressive left, zoning
Libertarians don’t like local government much, generally. While some aspire for maximum devolution, similar to Switzerland, so that most government power (outside defence, foreign affairs and border control) is at the more local level, that would require a transformational constitutional change. Switzerland works because its best and brightest get concentrated at the canton level, and…
Local government elections 2025 for a libertarian
Shane Jones is right
22 Sep 2025 1 Comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, regressive left
Te Pāti Māori and the Greens don’t care about crime in New Zealand
Shane Jones is right
California Dems Scramble To Boost Oil Production After Running Refiners Out Of Town
22 Sep 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA
“After years of pushing radical climate policies that punished working families, Governor Newsom is finally waking up to what Californians need, he’s now scrambling to secure the very fossil fuels he tried to eliminate,” CEO of the American Energy Institute Jason Isaac told the Daily Caller News Foundation previously. “This sudden embrace of petroleum isn’t leadership, it’s survival. California’s energy future depends on realism, not green delusions.”
California Dems Scramble To Boost Oil Production After Running Refiners Out Of Town
German political parties remain too far from the median voter
21 Sep 2025 Leave a comment
in international economic law, international economics, International law, labour economics, labour supply, politics, Public Choice Tags: economics of immigration, Germany
Our estimates indicate that the AfD’s vote share would shrink by as much as 75% if the CDU adopted its immigration stance. These results suggest that the electoral success of populist parties is strongly linked to genuine policy preferences, rather than being driven solely by dissatisfaction with political elites or protest voting. That is from […]
German political parties remain too far from the median voter
Better Permitting and More Building: Possible?
20 Sep 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, environmental economics, law and economics, politics - USA, property rights Tags: housing affordability, land supply, zoning
It seems natural enough, at least based on US experience, to believe that building and permitting are in a natural opposition: that is, stronger permitting means less building. Zachary Liscow has been looking for a way out of this opposition. He spells out some of his thoughts in “Reforming Permitting to Build Infrastructure” (Hutchins Center…
Better Permitting and More Building: Possible?
More unsubstantiated assertions of indigenous “science” in New Zealand
19 Sep 2025 Leave a comment
in economics of education, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
Predator Free NZ (“PFZ”, and “NZ” is New Zealand) is apparently a science-oriented trust whose goal—a worthy one—is to keep non-native predators, such as the common brushtail possum, out of New Zealand, as they destroy native wildlife and have other bad effects on the ecosystem. (The possum, for example, destroys native New Zealand birds and…
More unsubstantiated assertions of indigenous “science” in New Zealand
No Friend of the Left
19 Sep 2025 Leave a comment
in liberalism, Marxist economics, politics - USA
Charlie Kirk exposed the “achievements” of the Woke Left for the paltry performative parodies of politics they have always been. Chris Trotter writes – HE LOOKS LIKE the son most professional middle-class parents would be proud to call their own. There’s an ease about him, a confidence, that speaks to a background of near universal […]
No Friend of the Left
More corporate welfare for airlines
18 Sep 2025 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, politics - New Zealand, survivor principle, transport economics
The Government announced: The Coalition Government will support at risk regional air routes with up to $30 million in loans from the Regional Infrastructure Fund for small passenger airlines, Regional Development Minister Shane Jones and Associate Transport Minister James Meager say. “Reliable air services are critical for the economic and social wellbeing of regional New […]
More corporate welfare for airlines
Alarmists Fail to Refute Realistic Climate Report
17 Sep 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: climate activists, climate alarmism
They shoot, they miss, we score. David Wojick reports on the laughable failure of alarmists in his CFACT article Attack on DOE Climate Report is a comedy of criticism. Excerpts in italics with my bolds and added images. The DOE science report saying the impact of CO2 on climate is exaggerated was quickly followed by […]
Alarmists Fail to Refute Realistic Climate Report
Utopia, you are standing in it! 
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