By Lauren Weber of The WSJ. Excerpts:”Most economists and other experts are skeptical that job creation will happen on a large scale because planning and building new factories is an incredibly complex and lengthy process. Businesses will be reluctant to do that unless they’re sure the investment is worth it over the long term. A fairly…
Can Trump’s Tariff Offensive Deliver New American Jobs?
Can Trump’s Tariff Offensive Deliver New American Jobs?
28 Apr 2025 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, international economics, politics - USA Tags: 2024 presidential election, free trade, tariffs
Raskin: Trump Officials Can Be Arrested for “Kidnapping” Undocumented Persons
28 Apr 2025 Leave a comment
in defence economics, economics of crime, labour economics, labour supply, law and economics, politics - USA Tags: 2024 presidential election, economics of immigration
For some on the far left, “The Rachel Maddow Show” is a godsend. Otherwise, you would have to go to the subway to compete against others raving about microchips and oligarchies. Just take Rep. Jamie Raskin (D-MD), who went on the show on Friday to explain that Trump officials can now be arrested for “interfering with […]
Raskin: Trump Officials Can Be Arrested for “Kidnapping” Undocumented Persons
‘Rule of Two’ medicines approval needs improving
28 Apr 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, health economics, politics - New Zealand, Public Choice Tags: drug lags
Eric Crampton writes – Come the next pandemic, we are going to be in the same stupid mess that we were in during the last one. Trusted pharmaceutical regulators overseas, like those in Australia, Canada, Europe, and the UK, will have given provisional approvals for vaccines that are safe. And Kiwis will have to wait, […]
‘Rule of Two’ medicines approval needs improving
Bill Maher’s latest bit: Flirting with fascism
27 Apr 2025 Leave a comment
in politics - USA, television, TV shows Tags: 2024 presidential election
A lot of people came down on Bill Maher for his report about dining with Trump at the White House and, although Maher took Trump to task several times during that visit for the administration’s policies, he had the temerity to confess being surprised that Trump actually was gracious to him in person and even […]
Bill Maher’s latest bit: Flirting with fascism
Weak Essay? Student Rejected by Top Universities Despite Near Perfect Scores and $30 Million App
27 Apr 2025 Leave a comment
in discrimination, economics of education, human capital, labour economics, labour supply, politics - USA Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
After the Supreme Court declared an end to the use of race criteria in college admissions, many administrators pledged to find a way around the decision. Schools are using essay prompts to flag race while rejecting the use of standardized testing to boost diversity in admissions. In the meantime, these schools are rejecting students with […]
Weak Essay? Student Rejected by Top Universities Despite Near Perfect Scores and $30 Million App
The challenge for Parliament: striking a balance between historic traditions and tikanga
26 Apr 2025 Leave a comment
in law and economics, politics - New Zealand
Peter Dunne writes – A tense and intriguing political chess game is being played out in Parliament’s Privileges Committee at present. It is a game none of those involved can afford to lose, yet inevitably someone will. On the face of it, the issue at hand is whether the spontaneous haka performed by three Te […]
The challenge for Parliament: striking a balance between historic traditions and tikanga
Liberals looking comfortable in Canada
26 Apr 2025 Leave a comment
in politics - USA Tags: Canada
The Canadian election is on Monday (Tuesday NZ time) and the Liberal Party has gone from being 20% behind a few months ago and facing a loss of well over 100 seats to leading in most polls and projected to win re-election. They may not get a majority, which needs 172 seats. Current projections have […]
Liberals looking comfortable in Canada
Supreme Court Hears Major Parental Rights Case Over LGBT Readings
26 Apr 2025 Leave a comment
in discrimination, economics of education, economics of religion, gender, law and economics, liberalism, Marxist economics, politics - USA Tags: sex discrimination
Today, the Supreme Court will hear oral arguments on a major parental rights case in Mahmoud v. Taylor, a challenge to Montgomery County (Md.) requiring their children to participate in instruction that includes LGBTQ+ themes. It is a case that could produce sweeping changes across the county as parents object to the use of public […]
Supreme Court Hears Major Parental Rights Case Over LGBT Readings
Kerry’s Climate Czar Office Abolished
25 Apr 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: 2024 presidential election
Thomas Catenacci reports at Washington Free Beacon: Trump Admin Axes Biden-Era Climate Office John Kerry Used To Assault Fossil Fuels. Excerpts in italics with my bolds and added images. State Department official says climate office was ‘captured by ideology’ The State Department is formally removing the Office of the Special Presidential Envoy for Climate, the […]
Kerry’s Climate Czar Office Abolished
Pandemic Preparation Without Romance
25 Apr 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of regulation, health economics, politics - USA, Public Choice Tags: economics of pandemics
My latest paper, Pandemic Preparation Without Romance, has just appeared at Public Choice. Abstract: The COVID-19 pandemic, despite its unprecedented scale, mirrored previous disasters in its predictable missteps in preparedness and response. Rather than blaming individual actors or assuming better leadership would have prevented disaster, I examine how standard political incentives—myopic voters, bureaucratic gridlock, and […]
Pandemic Preparation Without Romance
Crimson Chide: Harvard Makes the Case Against Itself
24 Apr 2025 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left
Below is my column in The Hill on Harvard faculty organizing in opposition to the Trump Administration’s measures targeting the university for failure to protect Jewish students and its lack of diversity of viewpoints on campus. Despite being a vocal critic of Harvard’s culture of orthodoxy, I have encouraged the Administration to moderate some of […]
Crimson Chide: Harvard Makes the Case Against Itself
Long-Run Effects of Trade Wars
24 Apr 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, econometerics, history of economic thought, industrial organisation, labour economics, labour supply, politics - USA, unemployment Tags: 2024 presidential election, free trade, tariffs, unintended consequences
This short note shows that accounting for capital adjustment is critical when analyzing the long-run effects of trade wars on real wages and consumption. The reason is that trade wars increase the relative price between investment goods and labor by taxing imported investment goods and their inputs. This price shift depresses capital demand, shrinks the […]
Long-Run Effects of Trade Wars
Guest Post: Cultural reports: You didn’t think you’d get rid of me that easily, did you?
24 Apr 2025 Leave a comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
A guest post by a reader: I regret to inform you that cultural reports are back, wearing a wig and a false mustache. In March 2024, Parliament passed the Legal Services Amendment Bill, which abolished public legal aid funding for section 27 reports, also known as “cultural reports”. Justice Minister Paul Goldsmith stated: “This will […]
Guest Post: Cultural reports: You didn’t think you’d get rid of me that easily, did you?
Where Britain has gone
23 Apr 2025 Leave a comment
in discrimination, economics of crime, economics of education, gender, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, sports economics Tags: sex discrimination
Ele Ludemann writes – New Zealand First has introduced a Member’s Bill to define the biological definition of man and woman in law. . . . “This is not about being anti-anyone or anti-anything. This is about ensuring we as a country focus on the facts of biology and protect the term ‘woman’ in law”, says New Zealand First Leader […]
Where Britain has gone
Same scandal, different script: how the Herald protects one MP and targets another
23 Apr 2025 1 Comment
in discrimination, economics of crime, economics of religion, law and economics, politics - New Zealand
Centrist reports – In brief NZ Herald gave Green MP Benjamin Doyle 4,000+ words of forensic coverage. National MP Hamish Campbell got 1,300 words and no expert input. Doyle’s social media scandal, with no police angle, was softened by cultural context and framed as a moral panic. Campbell’s ties to a sect under FBI/NZ Police […]
Same scandal, different script: how the Herald protects one MP and targets another
Utopia, you are standing in it! 
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