Ask anyone in Australia’s competition law community what transformed the economy, and you will hear a familiar story. Australia was once a cartelised, complacent place where businesses divided up markets and consumers paid the price. Then came the Trade Practices Act in 1974, and competition law forced firms to compete. This is not a fringe […]
Dismantling the competition myth
Dismantling the competition myth
06 Mar 2026 Leave a comment
in Austrian economics, comparative institutional analysis, economic history, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, law and economics, organisational economics, politics - Australia, technological progress, theory of the firm Tags: competition law, creative destruction
Part II: Oxfam Is a Leftist Joke, not a Real Charity
20 Jan 2026 1 Comment
in applied price theory, development economics, economic growth, economic history, growth miracles, income redistribution, labour economics, liberalism, macroeconomics, Marxist economics, poverty and inequality, Public Choice, technological progress Tags: regressive left, The Great Enrichment
As I wrote nine years ago, Oxfam is a pathetic organization. Originally created to help the poor, it has been captured by activists who peddle class warfare. But they play that role in an incredibly sloppy fashion. In all the debates I’ve been part of over the years, no left-leaning academic has been willing to […]
Part II: Oxfam Is a Leftist Joke, not a Real Charity
Why Is the US Economy Surging Ahead of the UK?
09 May 2025 1 Comment
in applied price theory, economic growth, macroeconomics, politics - USA, technological progress Tags: British politics
The US economy has emerged from the pandemic growing at a faster pace than the UK and other high-income countries. Simon Pittaway tackles the question of why in “Yanked away: Accounting for the post-pandemic productivity divergence between Britain and America” (Resolution Foundation, April 2025). The average standard of living in any economy, over time, will…
Why Is the US Economy Surging Ahead of the UK?
Why the @NZGreens are beside the point
31 Aug 2024 Leave a comment
in applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, entrepreneurship, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, macroeconomics, Marxist economics, politics - New Zealand, poverty and inequality, property rights, Public Choice, rentseeking, technological progress Tags: child poverty, family poverty, The Great Enrichment
Occasional Wind & Solar Generation Guarantee Staggering Backup Costs
13 May 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia, technological progress Tags: wind power
Sunset kills solar output the same way calm weather renders wind turbines utterly useless. Around the world $trillions have been squandered on occasional power generation which is always and everywhere dependent on sunshine and/or the weather. In the beginning, there was a perfectly functional power supply with reliable generators connected by a systematically designed grid […]
Occasional Wind & Solar Generation Guarantee Staggering Backup Costs
Charles Moore: The political class is only just realising that voters prefer prosperity over climate jingoism
11 Feb 2024 Leave a comment
in economic growth, economics of bureaucracy, economics of climate change, energy economics, environmental economics, environmentalism, global warming, income redistribution, liberalism, macroeconomics, Marxist economics, Public Choice, rentseeking, technological progress Tags: British politics, climate alarmism, wind power
By Paul Homewood From The Telegraph: Labour’s green U-turn reflects the shifting sands of climate policy If you want to see how the politics of climate change are shifting, compare today with late 2009. In both cases, a general election was approaching. In October 2009, with the Copenhagen climate summit […]
Charles Moore: The political class is only just realising that voters prefer prosperity over climate jingoism
Dividing Up The Middle East – The Creation of Lebanon I THE GREAT WAR 1920
11 Dec 2021 Leave a comment
in defence economics, technological progress, war and peace Tags: World War I
Roman Engineering: Crash Course History of Science #6
07 Apr 2021 Leave a comment
in defence economics, economic history, technological progress, transport economics, urban economics, war and peace Tags: Roman empire
Juice: How Electricity Explains The World – Documentary Trailer #1
14 Sep 2020 Leave a comment
in development economics, economic history, economics of bureaucracy, energy economics, environmental economics, environmentalism, global warming, growth disasters, growth miracles, income redistribution, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking, technological progress Tags: climate alarmists, extreme poverty, pessimism bias, regressive left, The Great Escape
Population Control Isn’t the Answer to Climate Change. Capitalism Is. #globalwarming #climateemergency @GreenpeaceAP @Greens @NZGreens
25 Jan 2020 Leave a comment
in applied welfare economics, development economics, economic history, economics of natural disasters, energy economics, environmental economics, global warming, history of economic thought, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, population economics, Public Choice, public economics, rentseeking, technological progress, urban economics Tags: climate alarmists, pessimism bias, regressive left
Matthew Kahn on #globalwarming and adaptation in Asian cities
25 Sep 2019 Leave a comment
in applied welfare economics, development economics, environmental economics, global warming, growth miracles, health economics, Public Choice, technological progress
Why nations fail | James Robinson
28 May 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, growth disasters, growth miracles, income redistribution, industrial organisation, international economics, law and economics, property rights, Public Choice, public economics, rentseeking, survivor principle, technological progress Tags: competition law, The Great Enrichment
Utopia, you are standing in it! 
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