Here’s a lively AIER podcast on Build, Baby, Build with the one and only Veronique de Rugy. Best French libertarian since Bastiat? Décider vous-même!P.S. Capla-Con 2024 starts two weeks from tomorrow in Fairfax, Virginia. You’re all invited! Feel free to coordinate ride-sharing in the comments.
Talking BBB with Veronique de Rugy
Talking BBB with Veronique de Rugy
03 Aug 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, income redistribution, law and economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, land supply
No Governor Inslee, Repeal of Washington State’s Climate Commitment Act Won’t Hurt the Climate
03 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA
This fall, the citizens of Washington State should reject Climatism and vote in favor of the resolution to strike down the Climate Commitment Act.
No Governor Inslee, Repeal of Washington State’s Climate Commitment Act Won’t Hurt the Climate
Don’t Mess with Texas: Fifth Circuit Rules Against the Biden Administration in Buoy Dispute on Southern Border
02 Aug 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: 2024 presidential election, economics of immigration
Texas won a big victory in the United States Court of Appeals in the long struggle over floating buoy barriers in the Rio Grande River to help block unlawful migration. In United States v. Abbott, the court ruled 11-7 in an en banc decision against the Biden Administration over the barrier. It is an interesting decision […]
Don’t Mess with Texas: Fifth Circuit Rules Against the Biden Administration in Buoy Dispute on Southern Border
Bakersfield College Agrees to $2.4 Million Settlement in Free Speech Case
02 Aug 2024 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: academic bias, free speech, political correctness, regressive left
Last year, we discussed the free speech case of Matthew Garrett, formerly a tenured history professor at Bakersfield College who was investigated and disciplined after he questioned the use of grant money to fund social justice initiatives. Bakersfield College has one of the worst records on free speech in higher education and has been repeatedly […]
Bakersfield College Agrees to $2.4 Million Settlement in Free Speech Case
Will Israel Collect The Reward?
01 Aug 2024 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, politics - USA, war and peace Tags: 2024 presidential election, Israel, Middle-East politics, regressive left, war against terror
After all, the Yanks were offering one, $5 million, for the Hizballah opertive Fuad Shukr (also known as Hajj Mohsin) because he was connected to the 1983 Beirut bombing that killed 241 people, mainly US Marines as it targeted their barracks. And now the Israelis have taken him out because he’d ordered a drone attack […]
Will Israel Collect The Reward?
Biden Abandons the Court . . . and His Last Inviolate Principle
31 Jul 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election, constitutional law
Below is my column in the New York Post on President Joe Biden’s call to reform the Supreme Court by ending lifetime tenure for Supreme Court justices. Here is the column:
Biden Abandons the Court . . . and His Last Inviolate Principle
The Minimum Wage, Rent Control, and Vacancies or Who Searches?
31 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, econometerics, economic history, economics of regulation, income redistribution, labour economics, labour supply, law and economics, minimum wage, politics - USA, property rights, Public Choice, regulation, rentseeking, unemployment, urban economics Tags: housing affordability, regressive left, rent control
In an interesting new paper Federal Reserve economists Marianna Kudlyak, Murat Tasci and Didem Tüzemen look at what happens to job vacancy postings when the minimum wage increases. The vacancy data in our analysis come from the job openings data from the Conference Board as a part of its Help Wanted OnLine (HWOL) data series. […]
The Minimum Wage, Rent Control, and Vacancies or Who Searches?
Rent Control Reduces New Development: Bug or Feature?
30 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, regressive left, rent control
The minimum wage will tend to increase unemployment among low-skill workers, often minorities. To many people that’s an argument against the minimum wage. But to progressives at the opening of the 20th century that was an argument for the minimum wage–progressive’s demanded minimum wages to get women and racial minorities out of the work force. […]
Rent Control Reduces New Development: Bug or Feature?
US attempt to “braid” indigenous knowledge with modern science collapses and is abandoned by the National Academies
29 Jul 2024 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: conjecture and refutation, philosophy of science
Last October I posted a critique of a new National Science Foundation (NSF) initiative designed to combine indigenous knowledge with modern science—in the U.S. this time, and to the tune of $30 million. The NSF was very optimistic, as you can see from the article below in Science (click to read; see also a similar […]
US attempt to “braid” indigenous knowledge with modern science collapses and is abandoned by the National Academies
Fast Takes on *Build, Baby, Build*: Ed Glaeser
27 Jul 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, income redistribution, politics - New Zealand, politics - USA, Public Choice, regulation, rentseeking, urban economics Tags: housing affordability, land supply
Ed Glaeser is the chairman of Harvard’s Department of Economics. He’s also widely credited with reviving the entire field of Urban Economics. His 2018 “The Economics of Housing Supply” (with Joe Gyourko) in the Journal of Economic Perspectives was a major inspiration for my Build, Baby, Build. So in the latest “Fast Takes” interview, I…
Fast Takes on *Build, Baby, Build*: Ed Glaeser
Which are the most effective subsidies for green energy?
26 Jul 2024 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA, Public Choice, public economics, rentseeking Tags: cap and trade, carbon tax, climate alarmism
That is the topic of my latest Bloomberg column, here is one excerpt: A recent study finds that, of all domestic subsidies, the most effective involve replacing the dirty production of electricity with the cleaner production of electricity. In practice, that means subsidies or tax credits for solar and wind power. Those are more than twice as effective as […]
Which are the most effective subsidies for green energy?
Cheatling Responsibility
26 Jul 2024 Leave a comment
in economics of bureaucracy, economics of crime, law and economics, politics - USA, Public Choice Tags: 2024 presidential election, crime and punishment, law and order
No sooner does this blog write about shitty government bureaucrats refusing to do the right thing, and even doubling down on the wrong things, than one of them does the right thing. Cheatle Resigns and for Good Cause. That’s Kimberly Cheatle, head of the United States Secret Service (USSS), finally taking responsibility for her outfit […]
Cheatling Responsibility
Current state of knowledge on the Trump tax cuts
25 Jul 2024 Leave a comment
in applied price theory, econometerics, economic history, fiscal policy, macroeconomics, politics - USA, public economics Tags: taxation and entrepreneurship, taxation and investment
That is the topic of my latest Bloomberg column. Here is one summary excerpt: One result: Total tangible corporate investment went up by about 11%. That has been a welcome shot in the arm for an economy that was by some measures suffering from an investment drought. The strong state of the Biden economy may, in…
Current state of knowledge on the Trump tax cuts
“Let’s Hope Today’s Events Inspire Others”: Rutgers Professor Under Fire for Posting on Trump Assassination Attempt
24 Jul 2024 Leave a comment
in economics of crime, economics of education, law and economics, politics - USA Tags: 2024 presidential election, crime and punishment, free speech, law and order, political correctness, regressive left
We have been following the controversies surrounding professors commenting on the attempted assassination of former President Donald Trump. Some of those responses have ranged from celebrations to spreading bizarre conspiracy theories. The latest controversy concerns Rutgers University Writing Program Assistant Teaching Professor Tracy Budd, who posted a Facebook message saying ”Let’s hope today’s events inspire […]
“Let’s Hope Today’s Events Inspire Others”: Rutgers Professor Under Fire for Posting on Trump Assassination Attempt
Climate Criminals
24 Jul 2024 Leave a comment
in economics of crime, energy economics, environmental economics, global warming, law and economics, politics - USA, property rights Tags: climate activists, climate alarmism
By Paul Homewood . A new organisation called Climate Criminals is calling on the International Criminal Court to bring charges against a large number of businessmen and others from what they call the polluter industrial complex, who they deem to be guilty of various crimes against the climate. They are clearly a bunch of loons, […]
Climate Criminals
Utopia, you are standing in it! 
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