Celebrating humanity's flourishing through the spread of capitalism and the rule of law
06 May 2026 Leave a comment
in politics - USA Tags: constitutional law
Since her appointment by President Joe Biden, Supreme Court Justice Ketanji Brown Jackson has quickly developed a radical and chilling…
“Baseless and Insulting”: Three Justices Chastise Jackson for a “Groundless and Utterly Irresponsible” Claims Over the Finalizing of the Voting Rights Opinion
29 Apr 2026 Leave a comment
in economics of crime, law and economics, politics - USA Tags: free speech
Below is my column on Fox.com on the second indictment of former FBI director James Comey. Despite being one of…
Shell Speech: Why the Second Comey Indictment is Likely to Fail
29 Apr 2026 Leave a comment
in politics - New Zealand, politics - USA
Bob Edlin writes – PoO was steered by David Farrar, on Kiwiblog, to the Green Party’s selection of a Samoan cartoonist as its candidate for the seat of Mangere in the General Election this year. But neither the candidate’s ethnicity, nor his profession, prompted Farrar’s expression of concern in an article on Kiwiblog headed … […]
The wrestling cartoonist with a vituperative vocabulary who has passed muster with the Greens
25 Apr 2026 Leave a comment
in applied price theory, economics of media and culture, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, politics - USA, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
People sometimes will get excited about big-picture tax fights – whether politicians should raise taxes, whether they should add a VAT, or whether they should scrap the IRS for a flat tax. On the other had, there are a handful of tax issues that induce drowsiness but are nonetheless very important for purposes of tax […]
The Washington Post vs Elizabeth Warren
23 Apr 2026 Leave a comment
in law and economics, politics - USA Tags: 2020 presidential election
Below is my column in the California Post and New York Post on the disbarment of John Eastman. I criticized…
The Disbarment of John Eastman: The California Bar Bags a Trump Lawyer and Leaves Troubling Questions
22 Apr 2026 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights Tags: nuisance suits
There are Supreme Court decisions that arrive with fanfare, and then there are those that quietly rearrange the legal landscape in ways that only become obvious after the dust settles. Today’s decision in Chevron USA Inc. v. Plaquemines Parish belongs firmly in the latter category. It is not packaged as a climate case. It does…
Breaking: Major Under-the-Radar SCOTUS Decision on Climate Lawfare
21 Apr 2026 Leave a comment
in applied price theory, development economics, international economics, politics - USA Tags: tarrifs
By Inti Pacheco of The WSJ. Excerpts:”Behind the jump: Extreme weather, including droughts in Brazil and Vietnam, had hit coffee crops. And even before any tariff increases, hedge-fund bets anticipating the levies were pushing commodity prices higher.” (droughts cause supply to shift to the left which raises price)”Then in July, President Trump slapped an additional 40%…
Why the Cost of Your Coffee Has Soared—and Isn’t Going Down Soon
19 Apr 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA
The above video includes a conversation between Bjorn Lomborg and Scott Bessent at the annual IIF gathering (Institute of International Finance). The introduction by IIF CEO Tim Adams starts about 11 minutes in. For those who prefer reading, below is a lightly edited transcript of comments back and forth, along with some added images. TA […]
IMF and World Bank Misled by Climate Obsession (Lomborg, Bessent)
18 Apr 2026 Leave a comment
in politics - USA Tags: constitutional law
Various Democrats have been openly discussing their plans after retaking power to change the system so they never lose power…
“F**k It…Just Do It”: Carville Lays Out Democratic Plan to Add States and Pack Court
18 Apr 2026 Leave a comment
in applied price theory, economic history, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, rentseeking, survivor principle Tags: creative destruction, free trade, tarrifs
In our textbook, Modern Principles, Tyler and I emphasize that Congress and the President are subject to a higher law, the law of supply and demand. In an excellent column, Jason Furman gives a clear example of how difficult it is to fight the law of inelastic demand: …Today a given number of autoworkers can…
The President(s) Fought the Law and the Law Won
17 Apr 2026 Leave a comment
in applied price theory, economics of regulation, history of economic thought, industrial organisation, law and economics, politics - USA Tags: competition law
In 1992, the U.S. Supreme Court held in Eastman Kodak Co. v. Image Technical Services that a firm without market power in photocopiers might still possess market power in photocopier parts and service. The Court’s logic turned on opportunistic hold-up: Kodak could profit by trading short-run exploitation of locked-in customers for long-run losses in equipment…
‘Market Power in Antitrust: Economic Analysis after Kodak,’ by Benjamin Klein
17 Apr 2026 Leave a comment
in applied price theory, economics of media and culture, economics of regulation, entrepreneurship, industrial organisation, law and economics, managerial economics, market efficiency, movies, organisational economics, politics - USA, television Tags: competition law, creative destruction, merger law enforcement
Big mergers make headlines. They don’t always make antitrust problems. In a previous commentary, I explored the antitrust implications of a potential acquisition of Warner Bros. Discovery (WBD). That uncertainty is now resolved. On Feb. 27, Paramount Skydance Corp. agreed to acquire WBD for roughly $110 billion in enterprise value—$31 per share, all cash. The…
The Paramount Question Isn’t Paramount
15 Apr 2026 Leave a comment
in economics of bureaucracy, economics of regulation, history of economic thought, industrial organisation, law and economics, Marxist economics, politics - USA, property rights, Public Choice, survivor principle, urban economics Tags: New York City, state ownership
Mayor Zohran Mamdani used his “First 100 Days” speech this week to announce that he has kept his promise to…
La Marxista: Mamdani Pledges to Open First City-Run Store with Projected $30 Million Initial Cost
15 Apr 2026 Leave a comment
in economics of regulation, income redistribution, politics - USA, Public Choice, rentseeking, urban economics Tags: regressive left, rent control
Rep. Ayanna Pressley (D., Mass.) joined fellow Democrats last week in calling for the passage of the Housing Emergencies Lifeline Program…
“Evictions are an Act of Policy Violence”: Pressley and Democrats Introduce Eviction Reform Legislation
11 Apr 2026 Leave a comment
in economic history, economics of crime, economics of education, economics of religion, Karl Popper, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: Age of Enlightenment, conjecture and refutation, free speech, Freedom of religion, philosophy of science, political correctness, regressive left
In 1633, the Roman Inquisition condemned Galileo for heresy. His offence was to argue that the Earth moves around the Sun. The Church was not acting out of malice. It was protecting a politically approved consensus against what was considered to be dangerous nonsense. The theologians and philosophers who condemned Galileo were not fools. They […]
What Freedom of Speech Is For: The case against silencing
Econ Prof at George Mason University, Economic Historian, Québécois
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
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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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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