The test of time
22 Apr 2025 Leave a comment
in economics of climate change, economics of natural disasters, energy economics, environmental economics, environmentalism, global warming, liberalism, Marxist economics, politics - USA Tags: climate alarmism
From Refineries to Fiefdoms: Is Newsom Orchestrating a State Takeover of California’s Oil Industry?
22 Apr 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, survivor principle Tags: California, climate activists, regressive left
California’s refining capacity is collapsing—not because demand has disappeared, but because it is being deliberately dismantled by regulatory fiat. The recent announcement that Valero Energy will idle or shutter its Benicia refinery by 2026 isn’t just a business decision. It’s the calculated result of a hostile policy environment designed to punish traditional energy producers until they either leave the state or fall into government hands.
From Refineries to Fiefdoms: Is Newsom Orchestrating a State Takeover of California’s Oil Industry?
Time to Axe the Climate-Industrial Complex
22 Apr 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: climate alarmism
Kevin Mooney makes the urgency case in his Real Clear Energy article Celebrating American Independence With an All-Out Assault on Anti-Constitutional Climate Measures. Excerpts in italics with my bolds and added images. Now is the time to double down against the “Climate-Industrial Complex” with accelerated regulatory reforms that will hopefully endure beyond Donald Trump’s second […]
Time to Axe the Climate-Industrial Complex
“When Must We Kill Them?”: George Mason Student Captures the Growing Violent Ideation on the Left
21 Apr 2025 1 Comment
in economics of crime, law and economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left
There is controversy at George Mason University after Nicholas Decker, an economics PhD student published an essay asking “When Must We Kill Them?” in reference to Trump and his supporters. The essay captures the growing violent ideation on the left, fueled by rage rhetoric from politicians and commentators. The danger is that, for some on […]
“When Must We Kill Them?”: George Mason Student Captures the Growing Violent Ideation on the Left
Ronald Reagan in 1982 on Free Trade
20 Apr 2025 Leave a comment
in applied price theory, economic history, history of economic thought, industrial organisation, international economic law, international economics, liberalism, libertarianism, politics - USA, Public Choice, rentseeking Tags: free trade, tariffs
TweetWhen President Ronald Reagan delivered this address in November 1982, I was a 24-year-old graduate student. Radically libertarian at that point for almost six years, I was sufficiently astute enough to know that Reagan wasn’t terrible on most of the issues that I cared about, but I was nevertheless insufficiently mature and astute enough to…
Ronald Reagan in 1982 on Free Trade
The Supreme Court Halts Venezuelan Deportations as the Fourth Circuit Upholds Garcia Order
20 Apr 2025 Leave a comment
in labour economics, labour supply, law and economics, politics - USA Tags: economics of immigration
It has been a busy 24 hours in the courts. Early this morning, the Supreme Court blocked (for now) the deportations of any Venezuelans held in northern Texas under the Alien Enemies Act, a law only used three times before in our history. At the same time, the United States Court of Appeals for the […]
The Supreme Court Halts Venezuelan Deportations as the Fourth Circuit Upholds Garcia Order
Victor Davis Hanson Should Stick to the Classics
18 Apr 2025 Leave a comment
in applied price theory, comparative institutional analysis, economic history, history of economic thought, industrial organisation, international economics, politics - USA Tags: 2024 presidential election, free trade, tarrifs
TweetHere’s a letter to The Daily Signal. Editor: Suppose I submitted to you an essay in which Thucydides is described as a first-century Roman senator who wrote a biography of Charlemagne – would you publish it? Of course not. The ignorance of such an essay would be palpable. But I would never write such a…
Victor Davis Hanson Should Stick to the Classics
Car Leasing Association Wants Govt Support As EV Second Hand Prices Plummet!
18 Apr 2025 Leave a comment
in economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, industrial organisation, politics - USA, survivor principle Tags: electric cars
Leasing companies have gambled that second hand values for EVs would be as strong as for conventional cars. It is a gamble that could cost them billions.
Car Leasing Association Wants Govt Support As EV Second Hand Prices Plummet!
Treaty Principles Bill dropped, but broader reform agenda gains momentum
18 Apr 2025 Leave a comment
in law and economics, politics - USA
Centrist reports – The Treaty Principles Bill has been dropped, but the government is pursuing incremental reform by reviewing and potentially amending Treaty clauses in 28 existing laws. FACTS Justice Minister Paul Goldsmith says the aim is to make Treaty references clearer, more proportionate, and legally consistent Critics warn the reforms will “water down” Māori […]
Treaty Principles Bill dropped, but broader reform agenda gains momentum
“No One is Above the Law”: New York AG Letitia James Accused of Alleged Mortgage Fraud
17 Apr 2025 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election, Internet
Below is my column in the New York Post on the criminal referral of a mortgage fraud case against New York Attorney General Letitia James. After her scorched-earth campaign against Trump, the irony of the allegations is stunning. If James were to move from prosecutor to perp, her own words may come back to haunt […]
“No One is Above the Law”: New York AG Letitia James Accused of Alleged Mortgage Fraud
Federal Judge Halts Trump Administration’s Deportation of Half a Million Biden “Parolees”
16 Apr 2025 Leave a comment
in labour economics, labour supply, law and economics, politics - USA, population economics Tags: 2024 presidential election, economics of immigration
The intense struggle between the Trump Administration and federal judges continued this week with another court ordering a halt to a nationwide program. In Massachusetts, District Judge Indira Talwani is preventing President Donald Trump from canceling a Biden program granting parole and the right to work to immigrants from Cuba, Haiti, Nicaragua, and Venezuela (CHNV). […]
Federal Judge Halts Trump Administration’s Deportation of Half a Million Biden “Parolees”
Bill Maher visits the White House and has dinner with Trump
14 Apr 2025 Leave a comment
in politics - USA, television, TV shows Tags: 2024 presidential election
Not long ago Bill Maher went to the White House to schmooze and dine with, yes, Donald Trump. Trump signed a list of bad names that he called Maher over the years, showed him the small room off the Oval Office which Clinton and Monica Lewinsky made famous, and even gave Maher a MAGA hat. […]
Bill Maher visits the White House and has dinner with Trump
Some Links
14 Apr 2025 1 Comment
in applied price theory, history of economic thought, industrial organisation, international economics, politics - USA Tags: 2024 presidential election, free trade, tarrifs
TweetBob Graboyes masterfully exposes many of the fallacies that fuel Trump’s destructive trade ‘policy.’ Three slices: In 2016, Donald Trump promised, “We’re gonna win so much that you may get tired of winning.” His advisors must have reached that point, as evidenced by the bizarre, incoherent “Liberation Day” tariff policy they helped craft. Trump supporters have…
Some Links
Why Tariffs Don’t Cause and Won’t Fix Trade Deficits
12 Apr 2025 Leave a comment
in applied price theory, history of economic thought, industrial organisation, international economics, politics - USA Tags: free trade, tarrifs, unintended consequences
There’s a fundamental misconception at the root of President Trump’s tariff policies, which is the mistaken claim that the existence of a US trade deficit proves that trade is unfair. There are two related mistaken claims. One is a claim that if tariff and non-tariff barriers to trade were removed, then trade would be balanced.…
Why Tariffs Don’t Cause and Won’t Fix Trade Deficits
“Coercive Control”: Parents Could Lose Custody Under Proposed Colorado Law for “Misgendering”
11 Apr 2025 Leave a comment
in discrimination, economics of love and marriage, gender, health economics, law and economics, liberalism, Marxist economics, politics - USA, property rights Tags: free speech, political correctness, regressive left, sex discrimination
Parental rights are emerging as one of the major civil liberties movements of this generation — and one of the greatest conflicts between the right and the left in this country. For example, the United States Court of Appeals for the First Circuit ruled schools can hide a change of gender in young children from […]
“Coercive Control”: Parents Could Lose Custody Under Proposed Colorado Law for “Misgendering”
Utopia, you are standing in it! 
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