Jon Hartley interviews Greg Mankiw on topics including New Keynesian macroeconomics, growth, and economic policy more broadly at his Capitalism and Freedom website (August 20, 2024, video and transcript available). Here are a few of the comments that caught my eye. On big models and small models in studying the macroeconomy: [O]n the issue of…
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
04 Sep 2024 Leave a comment
in applied price theory, budget deficits, business cycles, development economics, econometerics, economic growth, economic history, Edward Prescott, fiscal policy, great depression, history of economic thought, labour economics, law and economics, macroeconomics, Milton Friedman, monetarism, monetary economics, politics - USA, Public Choice, Robert E. Lucas, unemployment
Looming ‘clean’ energy disasters off our coasts
04 Sep 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: wind power
One broken wind turbine blade shut down Massachusetts beaches. What would hurricanes do?
Looming ‘clean’ energy disasters off our coasts
Robert Reich Calls for the Arrest of Elon Musk for Resisting Censorship
04 Sep 2024 Leave a comment
in economics of crime, law and economics, liberalism, politics - USA, property rights Tags: free speech, political correctness, regressive left
C-Span Screengrab We have previously discussed the anti-free speech views of Clinton’s former Labor Secretary, Robert Reich, who has tried to sell citizens on the perfectly Orwellian view that more freedom means tyranny when it comes to the freedom of expression. He also demanded that former president Donald Trump be banned from ballots as a…
Robert Reich Calls for the Arrest of Elon Musk for Resisting Censorship
California Scuttles Reparations Bills As Supporters Denounce a Political Bait-and-Switch
04 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA, property rights Tags: economics of slavery
We have previously discussed (here and here and here and here) the push for reparations in California that has been touted by California Gov. Gavin Newsom and Demcrats for years. After campaigning on the issue in past elections, I wrote a column about how this bill had come due after years of delay for study and recommendations. The legislature, however, just stamped […]
California Scuttles Reparations Bills As Supporters Denounce a Political Bait-and-Switch
Why Musk’s Lawsuit Against Media Matters . . . Matters
02 Sep 2024 Leave a comment
in law and economics, politics - USA Tags: free speech, media bias, political correctness, regressive left
Below is my column in the Hill on the victory of Elon Musk last week against the liberal media outlet, Media Matters. This follows similar recent victories by others against CNN and the New York Times to clear paths to trials. For those who have embraced advocacy journalism as the new model for media, a […]
Why Musk’s Lawsuit Against Media Matters . . . Matters
European Policies = European Stagnation
31 Aug 2024 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, economic growth, economic history, economics of bureaucracy, entrepreneurship, human capital, income redistribution, labour economics, labour supply, liberalism, macroeconomics, Marxist economics, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking, welfare reform Tags: Europe, social insurance
I’ve written many times about how Americans are much richer than Europeans. And I’ve also written many times that the U.S. economy has been growing faster (which shouldn’t happen according to convergence theory). There’s a simple reason for America’s superior performance. The U.S. is burdened by a medium-sized welfare state and a bad tax system […]
European Policies = European Stagnation
Let Candace speak
30 Aug 2024 Leave a comment
in defence economics, economics of crime, law and economics, politics - New Zealand, politics - USA, war and peace Tags: conspiracy theorists, The Holocaust
Newsroom reports: The Government should closely scrutinise the visa application of Holocaust denier Candace Owens, the chair of the Holocaust Centre of New Zealand has urged. Owens, an American far-right activist with a history of antisemitic, Islamophobic and homophobic comments, is visiting Auckland in November as part of a speaking tour which will also take […]
Let Candace speak
Zuckerberg’s Censorship Admission is More Contrived than Contrite
29 Aug 2024 Leave a comment
in liberalism, politics - USA Tags: 2020 presidential election, 2024 presidential election, free speech, political correctness, regressive left
Below is my column in Fox.com on the admission of Meta CEO Mark Zuckerberg that Facebook yielded to pressure of the Biden Administration to censor citizens. The admission, however, appears more contrived than contrite. Here is the column: “I believe the government pressure was wrong, and I regret that we were not more outspoken about…
Zuckerberg’s Censorship Admission is More Contrived than Contrite
The Cascade of Failures in the Biofuel Industry: A Case of Economic and Environmental Mismanagement
26 Aug 2024 Leave a comment
in economics of regulation, energy economics, environmental economics, global warming, industrial organisation, politics - USA, survivor principle Tags: biofuels
…the biofuel experiment has left behind a trail of bankruptcies, environmental degradation, and unfulfilled promises.
The Cascade of Failures in the Biofuel Industry: A Case of Economic and Environmental Mismanagement
Price Controls Reflect Utter Economic Insanity
25 Aug 2024 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, liberalism, Marxist economics, politics - USA Tags: 2024 presidential election, price controls, regressive left, rent control
TweetIn the print edition of tomorrow’s (Friday’s) Wall Street Journal, Richard McKenzie and I explain some of the many unintended ill-consequences of the price controls proposed by Kamala Harris. A slice: Price-control proponents often justify their position by claiming that grocery stores are monopolies. They point to a fantasy economic theory that purports to show how…
Price Controls Reflect Utter Economic Insanity
Rowling Reportedly Sued by Olympic Boxer Over Gender Criticism
24 Aug 2024 Leave a comment
in discrimination, economics of crime, economics of education, economics of media and culture, gender, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, property rights Tags: Age of Enlightenment, British politics, free speech, political correctness, regressive left
We have previously discussed the cancel campaigns targeting JK Rowling, the author of the Harry Potter series. Rowling was not only the greatest selling author of all time but a wildly popular writer until she publicly opposed certain transgender policies as inimical to the advances in feminism. Now, she is the target of a lawsuit […]
Rowling Reportedly Sued by Olympic Boxer Over Gender Criticism
Meanwhile at the Democratic National Convention. . .
23 Aug 2024 Leave a comment
in economic history, income redistribution, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: 2024 presidential election
I’m off to the Blyde River Canyon today and most of tomorrow, so posts will be nonexistent or thin for a few days—save for Matthew’s postings of the Hili Dialogues. I’ve largely avoided reading the news, as I find it depressing and not conducive to a relaxing vacation, but two readers sent me stuff about […]
Meanwhile at the Democratic National Convention. . .
Tangled Comparisons: Renewables Versus Fossil Fuels
23 Aug 2024 Leave a comment
in economics of regulation, energy economics, environmental economics, global warming, politics - USA Tags: solar power, wind power
Wind or solar costs around five times more per megawatt hour compared to, for example, natural gas.
Tangled Comparisons: Renewables Versus Fossil Fuels
‘Third Rail’: Here’s Why Team Kamala Isn’t Peddling the Typical Dem Climate Panic This Election
23 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: 2024 presidential election, climate alarmism, fracking
,,,they can’t afford to lose Pennsylvania. So, they don’t want to talk about climate, because when you talk about climate, then you have to talk about fracking, and then they’re going to have to talk about how she wants to stop fracking, regardless of what she says.”
‘Third Rail’: Here’s Why Team Kamala Isn’t Peddling the Typical Dem Climate Panic This Election
The Intellectual Roots of YIMBYism
23 Aug 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of regulation, history of economic thought, politics - USA, urban economics Tags: housing affordability, zoning
At the Democratic National Convention former President Obama came out strongly in favor of housing deregulation saying “we need to build more homes and clear away some of the outdated laws and regulations that make it harder to build homes”. Robert Kwasny asks on X, “What are the intellectual roots of present-day YIMBYism?” Looking at […]
The Intellectual Roots of YIMBYism
Utopia, you are standing in it! 
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