Celebrating humanity's flourishing through the spread of capitalism and the rule of law
09 Jun 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election, economics of prohibition, gun control
This weekend, the Hunter Biden team is reportedly debating whether to have him take the stand on Monday, a move rife with risk. Most criminal defendants avoid such appearances given the potential damage of a withering cross examination. Those risks were evident in the recent testimony of Hunter’s daughter, Naomi, which backfired badly on key […]
Will Hunter Take the Stand? He May Want to Think Twice Before Checking That Box
08 Jun 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2020 presidential election, 2024 presidential election
Below is my column in Fox.com on the authentication of Hunter Biden laptop in the Delaware trial. The government has denounced the Russian disinformation claims as a “conspiracy theory” and put on evidence that there is no evidence of tampering with the laptop. The FBI declared the laptop to be “real” and “authentic” and the […]
Laptop Deniers in Delaware: The Media Shrugs as the Biden Laptop is Authenticated in Federal Court
06 Jun 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in the New York Post on the first day of testimony in the trial of Hunter Biden. Every claim of the defense seemed to collapse in the first two days of the trial. The defense argued that Hunter did not check the box on the gun form, so the prosecutors called […]
Just Ask Mookie: Hunter Biden Has No Defense Other Than Nullification
05 Jun 2024 Leave a comment
in economics of crime, economics of regulation, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in The Hill on the start of the Hunter Biden trial and the elements of a classic jury nullification strategy by the defense. It is not clear that it will work in an otherwise open-and-shut case, but it might. What is clear is that it may be all that Biden has […]
Is Hunter Biden Pursuing a Jury Nullification Strategy?
04 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of education, entrepreneurship, human capital, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality
03 Jun 2024 Leave a comment
in discrimination, economics of education, gender, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, television, TV shows Tags: Age of Enlightenment, free speech, Gaza Strip, gender wage gap, Iran, Middle-East politics, political correctness, regressive left, sex discrimination
02 Jun 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA
Numerous Democrats who have helped the Biden administration restrict fossil fuel development and production are now concerned about high gas prices as the 2024 elections loom.
Dems Who Back Biden’s Crackdown on Fossil Fuels Suddenly Worried About High Gas Prices
02 Jun 2024 Leave a comment
in business cycles, economic history, financial economics, global financial crisis (GFC), macroeconomics, monetary economics, politics - USA Tags: deposit insurance
When interest rates rise, the price of long-term assets falls. Consequently, when the Fed began raising interest rates in 2022, the value of bonds and mortgages dropped, causing significant accounting losses for banks heavily invested in these assets. Silicon Valley Bank went bust, for example, because depositors fled upon realizing it was holding lots of […]
Bailouts Forever
01 Jun 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2016 presidential elections, 2024 presidential election
This morning, many of us are emerging from the late coverage last night after the conviction of former President Donald Trump on 34 felonies. I was in the courtroom for the verdict, which hit like a thunderclap (particularly after a strange snafu with the judge). The question that everyone is asking: what happens next?
Trump is Convicted: What Comes Next?
30 May 2024 Leave a comment
in applied price theory, applied welfare economics, econometerics, human capital, labour economics, labour supply, politics - USA Tags: economics of immigration
In this article we revive, extend and improve the approach used in a series of influential papers written in the 2000s to estimate how changes in the supply of immigrant workers affected natives’ wages in the US. We begin by extending the analysis to include the more recent years 2000-2022. Additionally, we introduce three important […]
Updated estimates on immigration and wages
29 May 2024 Leave a comment
in defence economics, economics of crime, economics of education, law and economics, laws of war, Marxist economics, politics - USA, property rights, war and peace Tags: free speech, Gaza Strip, Israel, Middle-East politics, political correctness, regressive left, war against terror
UCLA Professor Hannah Appel has accused the school of human rights violations amounting to “torture” in the treatment of pro-Palestinian protesters. The reason is the denial of water and food from being brought into a building being unlawfully occupied by protesters, even though the students were free to leave at any time.
Professor Accuses UCLA of “Torturing” Pro-Palestinian Protesters
23 May 2024 Leave a comment
in defence economics, economic history, politics - USA, war and peace Tags: World War II
21 May 2024 Leave a comment
in politics - USA Tags: 2024 presidential election
The NY Times published a poll done by Sienna (top rated polling company) in six battleground states. They showed Biden behind in five of the six states by margins ranging from 2% to 14%. It’s only one set of polls, but the demographic breakdowns are what is fascinating. This is Trump’s lead over Biden in […]
Terrible poll for Biden
21 May 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in The Hill on the curious claim of executive privilege over the audiotape from President Joe Biden’s interview with Special Counsel Robert Hur. It is the first time that I know of where the content of a presidential conversation was treated as unprivileged but not audio of the conversation claimed as […]
Biden’s Voldemortian Theory of Privilege: The President Whose Voice Must Not Be Heard
19 May 2024 Leave a comment
in applied price theory, economic history, economics of education, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice Tags: taxation and entrepreneurship, taxation and investment
Like Thomas Piketty, Gabriel Zucman is a French economist who promotes economically destructive class-warfare tax policy. He’s also infamous for dodgy data manipulation, as Phil Magness explains in this Reason discussion. The interview lasts for 64 minutes, and I recommend the entire discussion. Yes, that’s a lot of time, but Phil has encyclopedic knowledge and […]
Debunking Bad Class Warfare and Debunking Nonsensical Class Warfare
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