Celebrating humanity's flourishing through the spread of capitalism and the rule of law
06 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in the New York Post on the sudden guilty plea from Hunter Biden in his federal tax case. It was not the plea but the timing of the plea that was the surprise. What is missing is any cognizable legal strategy in waiting until the first day of the trial to […]
Hunter Biden Loses Game of Chicken With Himself
05 Sep 2024 Leave a comment
in applied price theory, discrimination, economic history, economics of education, human capital, labour economics, labour supply, politics - USA, poverty and inequality Tags: economics of slavery, racial discrimination
This paper studies the long-run effects of slavery and restrictive Jim Crow institutions on Black Americans’ economic outcomes. We track individual-level census records of each Black family from 1850 to 1940, and extend our analysis to neighborhood-level outcomes in 2000 and surname-based outcomes in 2023. We show that Black families whose ancestors were enslaved until […]
Jim Crow and Black Economic Progress After Slavery
05 Sep 2024 Leave a comment
in economic history, liberalism, Marxist economics, politics - USA Tags: 2024 presidential election, Age of Enlightenment, free speech, political correctness, regressive left
I previously wrote how a Harris-Walz Administration would be a nightmare for free speech. Both candidates have shown pronounced anti-free speech values. Now, X owner Elon Musk and former independent presidential candidate Robert F. Kennedy Jr. have posted a Harris interview to show the depths of the hostility of Harris to unfettered free speech. I […]
“That Has to Stop”: Harris Denounces Unfettered Free Speech in 2019 CNN Interview
05 Sep 2024 Leave a comment
in defence economics, economics of crime, economics of education, law and economics, politics - USA, property rights Tags: free speech, Gaza Strip, Middle-East politics, regressive left, war against terror
I am not being hyperbolic by saying the protestors are “pro-Hamas” rather than “pro-Palestinian,” as they themselves extol Hamas (see below). What kind of student would glorify muderous terroristic thugs? Columbia ones, of course. You didn’t have to be a rocket scientist to predict that pro-Palestinian protests which violate campus regulations, as well as the […]
The pro-Hamas protests resume big time at Columbia
04 Sep 2024 Leave a comment
in applied price theory, budget deficits, business cycles, development economics, econometerics, economic growth, economic history, Edward Prescott, fiscal policy, great depression, history of economic thought, labour economics, law and economics, macroeconomics, Milton Friedman, monetarism, monetary economics, politics - USA, Public Choice, Robert E. Lucas, unemployment
Jon Hartley interviews Greg Mankiw on topics including New Keynesian macroeconomics, growth, and economic policy more broadly at his Capitalism and Freedom website (August 20, 2024, video and transcript available). Here are a few of the comments that caught my eye. On big models and small models in studying the macroeconomy: [O]n the issue of…
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
04 Sep 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: wind power
One broken wind turbine blade shut down Massachusetts beaches. What would hurricanes do?
Looming ‘clean’ energy disasters off our coasts
04 Sep 2024 Leave a comment
in economics of crime, law and economics, liberalism, politics - USA, property rights Tags: free speech, political correctness, regressive left
C-Span Screengrab We have previously discussed the anti-free speech views of Clinton’s former Labor Secretary, Robert Reich, who has tried to sell citizens on the perfectly Orwellian view that more freedom means tyranny when it comes to the freedom of expression. He also demanded that former president Donald Trump be banned from ballots as a…
Robert Reich Calls for the Arrest of Elon Musk for Resisting Censorship
04 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA, property rights Tags: economics of slavery
We have previously discussed (here and here and here and here) the push for reparations in California that has been touted by California Gov. Gavin Newsom and Demcrats for years. After campaigning on the issue in past elections, I wrote a column about how this bill had come due after years of delay for study and recommendations. The legislature, however, just stamped […]
California Scuttles Reparations Bills As Supporters Denounce a Political Bait-and-Switch
02 Sep 2024 Leave a comment
in law and economics, politics - USA Tags: free speech, media bias, political correctness, regressive left
Below is my column in the Hill on the victory of Elon Musk last week against the liberal media outlet, Media Matters. This follows similar recent victories by others against CNN and the New York Times to clear paths to trials. For those who have embraced advocacy journalism as the new model for media, a […]
Why Musk’s Lawsuit Against Media Matters . . . Matters
31 Aug 2024 Leave a comment
in applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, entrepreneurship, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, macroeconomics, Marxist economics, politics - New Zealand, poverty and inequality, property rights, Public Choice, rentseeking, technological progress Tags: child poverty, family poverty, The Great Enrichment
31 Aug 2024 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, economic growth, economic history, economics of bureaucracy, entrepreneurship, human capital, income redistribution, labour economics, labour supply, liberalism, macroeconomics, Marxist economics, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking, welfare reform Tags: Europe, social insurance
I’ve written many times about how Americans are much richer than Europeans. And I’ve also written many times that the U.S. economy has been growing faster (which shouldn’t happen according to convergence theory). There’s a simple reason for America’s superior performance. The U.S. is burdened by a medium-sized welfare state and a bad tax system […]
European Policies = European Stagnation
30 Aug 2024 Leave a comment
in defence economics, economics of crime, law and economics, politics - New Zealand, politics - USA, war and peace Tags: conspiracy theorists, The Holocaust
Newsroom reports: The Government should closely scrutinise the visa application of Holocaust denier Candace Owens, the chair of the Holocaust Centre of New Zealand has urged. Owens, an American far-right activist with a history of antisemitic, Islamophobic and homophobic comments, is visiting Auckland in November as part of a speaking tour which will also take […]
Let Candace speak
30 Aug 2024 Leave a comment
in income redistribution, kittens, labour economics, politics - New Zealand, poverty and inequality, Public Choice, welfare reform Tags: child poverty, family poverty
Lindsay Mitchell writes – The Child Poverty Report 2024 has just been published. It’s an overview and selected findings, as opposed to a full report which is due in 2025. Poverty can be measured in various ways.
The child poverty conundrum
30 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia Tags: electric cars, solar power, wind power
Can anyone on team green do simple math?
Aussie EV Ambition Collides with Grid Shortage Reality
29 Aug 2024 Leave a comment
in liberalism, politics - USA Tags: 2020 presidential election, 2024 presidential election, free speech, political correctness, regressive left
Below is my column in Fox.com on the admission of Meta CEO Mark Zuckerberg that Facebook yielded to pressure of the Biden Administration to censor citizens. The admission, however, appears more contrived than contrite. Here is the column: “I believe the government pressure was wrong, and I regret that we were not more outspoken about…
Zuckerberg’s Censorship Admission is More Contrived than Contrite
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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