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 […]
The U.S. Supreme Court agreed to hear Hikma v. Amarin to answer a narrow question. It may end up saying far more about how policymakers misunderstand pharmaceutical markets. On its face, the case is narrow. It asks whether a generic drug manufacturer can face liability for inducing patent infringement based on how it markets a…
I have excerpts from posts or articles by three different economists. The answer seems to be no. Two are older and one is very recent by Harvard prof Jason Furman, who was once the chair of the Council of Economic Advisors under Obama. Then two older sources. One is from Tyler Cowen (2023), professor at…
Two recent joint-papers Did California’s Fast Food Minimum Wage Reduce Employment? by Clemens, Edwards and Meer and The Effects of California’s $20 Fast Food Minimum Wage on Prices by Clemens, Edwards, Meer and Nguyen give what I think is a plausible and consistent account of California’s $20 fast food minimum wage. California’s $20 fast food…
I did not expect to see a column in Al Jazeera saying that the US and Israel war against Iran is succeeding, but there is. The author, Muhammad Sellom, is an Assistant Professor of International Politics and Security at the Doha Institute for Graduate Studies. He writes: When you look at what has actually happened…
How this works out now remains to be seen. If the budget bill tactic works, it could happen pretty quickly. Hochul has taken the political high ground of “affordability,” and a lot of Democrat legislators are massing on that rhetorical hill as well. It just might work.
Most US Presidents have done dubious pardons – Clinton re Marc Rich and Joe Biden re Hunter Biden etc. But as the libertarian Cato Institute point out, Trump’s pardons are in a different league: Biden’s pardons eliminated roughly $680,000 in financial penalties (fines, restitution, and forfeitures) owed to victims or the government. In contrast, Liz Oyer,…
I frequently make the point that America’s tax system is more progressive than European tax systems. But not because the United States imposes higher tax rates on upper-income households. Instead, the big difference is that lower-income and middle-class households in the United States face much lower tax burdens than their European counterparts. In those columns, […]
“The global climate elite are scrambling for relevancy and power. The poll-conscious wind and solar lobbies are disingenuously pitching affordability. And the climate zealots are getting nutty. Energy reality bats last.”
The above photograph is from October 1938 of Lindbergh receiving a Silver Cross from Herman Göring, the then-second-highest Nazi official. Below is part of the timeline of the Holocaust up to that point. 1933January 30Adolf Hitler was appointed Chancellor of Germany March 22Dachau concentration camp opens April 1Boycott of Jewish shops and businesses April 7Laws […]
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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