Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Jul 2025 Leave a comment
in labour economics, labour supply, politics - USA, population economics Tags: economics of immigration
I recently argued that self-reports understate the personality gender gap. As long as some men rate their personalities relative to the average male, and some women rate their personalities relative to the average female, the gap the data reveal is less than the true gap. 798 more words
Immigrant Assimilation Is Obviously High
18 Jul 2025 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, environmental economics, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, zoning
In case you missed my *Build, Baby, Build* because of the 2024 election.
The Timing of Abundance
15 Jul 2025 Leave a comment
in applied price theory, international economic law, international economics, politics - USA Tags: free trade, offsetting behavior, tarrifs
In our textbook, Tyler and I give an amusing example of how entrepreneurs circumvented U.S. tariffs and quotas on sugar. Sugar could be cheaply imported into Canada and iced tea faced low tariffs when imported from Canada into the U.S., so firms created a high-sugar iced “tea” that was then imported into the US and […]
Tariff Shenanigans
13 Jul 2025 Leave a comment
in economics of education, Marxist economics, politics - USA Tags: regressive left
While universities have largely purged their faculty ranks of conservatives, there often seems to be no academic who is too far left for hiring committees. The latest example is University of Chicago Assistant Professor and Director of Graduate Studies Eman Abdelhadi, who used her appearance at the Socialism 2025 conference to denounce UChicago as “evil” […]
UChicago Professor Denounces School as an “Evil” and “Colonialist” Institution . . . But Wants to Stay
13 Jul 2025 Leave a comment
in law and economics, politics - USA Tags: constitutional law
I wrote recently about the chilling jurisprudence of Justice Ketanji Brown Jackson, who has drawn the ire of colleagues in opinions for her rhetoric and extreme positions. Many have expressed alarm over her adherence to what has been described by a colleague as an “imperial judiciary” model of jurisprudence. Now, it appears that Jackson’s increasingly […]
“I have a Wonderful Opportunity”: Justice Jackson’s Cathartic Jurisprudence
10 Jul 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, income redistribution, industrial organisation, politics - USA, Public Choice, rentseeking
Let this article be Exhibit A in the case against climate policy by fiat. And remember: when someone tells you fossil fuels are living off your tax dollars, ask them to show the receipts. Odds are, they’re pointing to a spreadsheet full of make-believe.
Dr. Matthew Wielicki Torches the $7 Trillion Fossil Fuel Subsidy Myth
09 Jul 2025 1 Comment
in economics of bureaucracy, economics of climate change, energy economics, environmental economics, environmentalism, global warming, labour economics, labour supply, occupational choice, personnel economics, politics - USA, Public Choice
The best part of this story is two fold. First, these individuals have done a good job of self-identif[ying] themselves as fifth columnists inside the Trump administration, making it easier to get rid of them.
EPA Suspends over 140 Toxic Employees Who Wrote Letter Denouncing Trump Policies
07 Jul 2025 Leave a comment
in applied price theory, history of economic thought, industrial organisation, international economics, politics - USA, Public Choice, rentseeking Tags: tarrifs
TweetEvery time Victor Davis Hanson comments on the economics of international trade he displays his utter ignorance of the most basic facts and theories of that topic. Editor, Real Clear Politics Editor: Victor Davis Hanson’s declaration of victory for Trump’s tariffs is premature and confused (“The Decline and Fall of Our So-Called Degreed Experts,” July…
Victor Davis Hanson Continues to Write Foolishly About Economics
07 Jul 2025 Leave a comment
in applied price theory, behavioural economics, economics of information, politics - Australia, politics - New Zealand, politics - USA
I would call this a story of negative emotional contagion: This paper investigates the growing role of emotions in shaping policy views. Analyzing social citizens’ media postings and political party messaging over a large variety of policy issues from 2013 to 2024, we document a sharp rise in negative emotions, particularly anger. Content generating anger […]
Emotions and Policy Views
05 Jul 2025 Leave a comment
in international economic law, international economics, International law, labour economics, labour supply, politics - USA Tags: economics of immigration
In Washington, D.C., District Court Judge Randolph Moss has issued a notable decision against the Trump Administration in Refugee and Immigrant Center for Legal and Educational Services v. Noem. Judge Moss rejected the use of Trump’s January 20 “invasion” executive proclamation to block undocumented immigrants from pursuing asylum applications and other legal pathways. The court essentially rules […]
Federal Judge Rules Against Trump on Use of “Invasion” Powers to Expedite Deportations
04 Jul 2025 Leave a comment
in health economics, politics - USA Tags: health insurance
In the 2010s, it appeared that US health care expenditures as a share of GDP had peaked. But there group at the Centers for Medicare and Medicaid Services that continually carries out and updates these estimates and forecasts. Their most recent projections suggest that US health spending is about to start rising again as a…
US Health Care Expenditures: An Ominous Trend Returns?
04 Jul 2025 1 Comment
in applied price theory, development economics, growth miracles, international economic law, international economics, politics - USA Tags: tarrifs, Vietnam
TweetMr. Howard Lutnick Secretary, U.S. Department of Commerce Washington, DC Mr. Lutnick: Yesterday you tweeted this: Our trade deal with Vietnam is a massive win for America’s businesses, manufacturers, and farmers! For the FIRST TIME EVER, Vietnam will open its market to the United States. They will pay 20% to sell their products here, and…
Another Open Letter to Howard Lutnick
04 Jul 2025 Leave a comment
in applied price theory, econometerics, economic growth, economic history, industrial organisation, labour economics, labour supply, macroeconomics, politics - USA
In the long run, a rising standard of living is always and everywhere based on productivity growth. Thus, Austan Goolsbee notedin a keynote address at the “Summit” conference held at the Stanford Institute of Economic Policy Research (SIEPR) in February (“Remarks on Productivity Growth and Monetary Policy,” February 28, 2025): As Goolsbee notes, annual productivity…
The Weird and Lovely Surge of US Productivity Growth
03 Jul 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of education, economics of regulation, liberalism, Marxist economics, politics - USA, Public Choice
Below is my column on Fox.com on the debate that Democratic New York mayoral candidate Zohran Mamdani is a socialist, a Democratic Socialist, or a communist. What is clear is that Mamdani is a Marxist and that is a serious problem for New York. Here is the column:
“The End Goal of Seizing the Means of Production”: Yup, Mamdani is a Hardcore Marxist
02 Jul 2025 Leave a comment
in applied price theory, discrimination, econometerics, economics of regulation, gender, health and safety, human capital, income redistribution, labour economics, labour supply, occupational choice, politics - USA, Public Choice Tags: gender wage gap, sex discrimination
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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