I like profits. But let me qualify that statement. I like profits that are the result of businesses providing goods and services that consumers value. Those profits are earned. By contrast, I don’t like it when businesses get in bed with government and get money via cronyism, bailouts, subsidies, protectionism, or industrial policy. Those profits […]
Paul Krugman Is Right…albeit Selectively and Hypocritically
Paul Krugman Is Right…albeit Selectively and Hypocritically
04 Dec 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, income redistribution, industrial organisation, international economics, law and economics, politics - USA, property rights, Public Choice, public economics, rentseeking Tags: tarrifs
Massachusetts has occupational licensing for fortune tellers
30 Nov 2024 Leave a comment
in economics of information, economics of regulation, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, occupational regulation, politics - USA, property rights, Public Choice, rentseeking Tags: cranks
Here is the link, “Prohibits fraudulently taking money by “pretended fortune telling.”” Seen referenced somewhere on Twitter.
Massachusetts has occupational licensing for fortune tellers
Unauthorized Immigration and Local Government Finances
30 Nov 2024 Leave a comment
in applied price theory, econometerics, human capital, income redistribution, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, public economics Tags: economics of immigration
This paper examines how unauthorized immigration affects the fiscal health of local governments in the United States. Using detailed data on unauthorized immigrants’ countries of origin and arrival dates from the Syracuse TRAC database, we isolate immigration flows driven by social, economic, and political conditions in source countries. We predict local immigration patterns using a […]
Unauthorized Immigration and Local Government Finances
Marc Andreesen Gives Examples of Fascism
29 Nov 2024 Leave a comment
in economics of regulation, law and economics, politics - USA, property rights Tags: regressive left
Marc Andreessen is not as well known now as he was at the dawn of the Interwbbby age when he developed the world’s first widely used web browser that had a graphic interface, Mosaic, which was rapidly copied by everybody else. From that success he leveraged it into co-founding Netscape, whose software engineers contributed important Web […]
Marc Andreesen Gives Examples of Fascism
Jay Bhattacharya at the NIH
29 Nov 2024 Leave a comment
in health economics, politics - USA Tags: 2024 presidential election, economics of pandemics
Trump has announced the appointment, so it is worth thinking through a few matters. While much of the chatter is about the Great Barrington Declaration, I would note that Bhattacharya has a history of focusing on the costs of obesity. So perhaps we can expect more research funding for better weight loss drugs, in addition […]
Jay Bhattacharya at the NIH
Gallup: Public Support for Gun Bans Craters
29 Nov 2024 1 Comment
in economics of crime, law and economics, politics - USA, property rights Tags: gun control
According to Gallup’s latest polling, support for a handgun ban has fallen to just 20 percent and support for an “assault weapons” ban has cratered to just 52 percent. Gun bans were a constant call from both President Joe Biden and Vice President Kamala Harris over the last four years. President Biden often combined the […]
Gallup: Public Support for Gun Bans Craters
A defense of the sex binary against Steven Novella’s “multidimensional” definition of sex
27 Nov 2024 1 Comment
in discrimination, economics of education, gender, health economics, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
At the CSICon meetings in Las Vegas this November, I gave a half-hour talk on the two aspects of evolutionary biology that have been most deeply misrepresented by ideologues: sex and race. “Progressives” maintain that sex is not binary but a spectrum, and also that “race and ethnicity are social constructs, without scientific or biological […]
A defense of the sex binary against Steven Novella’s “multidimensional” definition of sex
Maximum Progress on Progressivism
27 Nov 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, discrimination, economics of crime, law and economics, liberalism, Marxist economics, politics - USA Tags: conjecture and refutation
If you are not yet a fan of Michael Huemer, you should be. Hyperbole is the worst thing in the universe, but I still affirm the following: Huemer’s The Problem of Political Authority is the best book on political philosophy. Huemer’s Ethical Intuitionism is the best book on meta-ethics. Huemer’s Knowledge, Reality, and Value is…
Maximum Progress on Progressivism
New MIT course to indoctrinate students in all aspects of woke ideology that colonize medicine
26 Nov 2024 1 Comment
in economics of education, health economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left
This new course, to be offered next spring at MIT, was first singled out on The Babbling Beaver site, which calls attention to “fake news” at the university that usually turns out, as in this case, to be real news. The Beaver said this about the course. Feminist theory, disability justice, critical race theory, queer […]
New MIT course to indoctrinate students in all aspects of woke ideology that colonize medicine
In which James Carville disappoints me
26 Nov 2024 1 Comment
in politics - USA Tags: 2024 presidential election
I’ve always been a big fan of James Carville, the political strategist who turned 80 last month. I love his Louisiana accent, his curmudgeonly behavior and pull-no-punches discourse, and his inevitable appearance on television wearing a Louisana State University shirt, the place he went to college (he was also in the Marines). You may remember […]
In which James Carville disappoints me
Justice Department Indicts Alleged Swatters of Turley, Members of Congress, and Others
25 Nov 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: crime and punishment, law and order
Yesterday, I was notified by the Justice Department confirming that a recent swatting indictment includes the person or persons responsible for my own swatting a year ago. One of the defendants, Thomasz Szabo, was arrested a couple weeks ago.
Justice Department Indicts Alleged Swatters of Turley, Members of Congress, and Others
Automakers’ Costly Gamble on EVs: A Lesson in Ignoring Consumer Demand
25 Nov 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, politics - USA, Public Choice, transport economics Tags: electric cars
Ultimately, the market will decide the winners and losers. Automakers that prioritize consumer satisfaction over government market manipulation will thrive, while those that gambled on an uncertain future may find themselves scrambling to survive. Tesla’s trajectory proves that it’s possible to innovate without compromising, and the rest of the industry would be wise to take notes.
Automakers’ Costly Gamble on EVs: A Lesson in Ignoring Consumer Demand
The Presidential Bicameral Adjournment Clause Is Almost An American Equivalent to Prorogation
22 Nov 2024 Leave a comment
in politics - USA Tags: constitutional law
An American Connection Over the last thirteen years, I have been pleasantly surprised to find that Parliamentum attracts a surprising number of readers from the United States, about one-quarter to one-third of the total depending on the year. I occasionally write on American topics, but mainly on British North American history and how Canada or […]
The Presidential Bicameral Adjournment Clause Is Almost An American Equivalent to Prorogation
A cunning plan?
22 Nov 2024 Leave a comment
in politics - USA Tags: 2024 presidential election
There could be a fascinating constitutional stand-off, with Trump’s more controversial Cabinet picks. There are three ways they can be appointed. The third option is one being talked about. It relies on the clause in the constitution that says: He shall from time to time give to the Congress Information of the State of the […]
A cunning plan?
Defying cries of “transphobia”, the Washington Post calls for debate on whether trans women should participate in women’s sports
22 Nov 2024 1 Comment
in discrimination, economics of education, gender, law and economics, liberalism, Marxist economics, politics - USA, property rights, sports economics Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
The good news is that the Washington Post, defying the inevitable cries that the paper is “transphobic”, is calling for a “respectful debate on trans women in sports”. This is, of course, because of the increasing number of biological men who identify as women (I prefer that jawbreaker to “trans women” because the latter plays […]
Defying cries of “transphobia”, the Washington Post calls for debate on whether trans women should participate in women’s sports
Utopia, you are standing in it! 
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