Ludendorff’s Window Of Opportunity I THE GREAT WAR Week 188
02 Mar 2025 Leave a comment
in defence economics, war and peace Tags: World War I
The cost of Reserve Bank regulation
02 Mar 2025 Leave a comment
in applied price theory, business cycles, economics of bureaucracy, economics of natural disasters, economics of regulation, inflation targeting, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
Roger Partridge writes: A new submission to the Committee from banking experts Andrew Body and Simon Jensen provides fresh evidence of these costs. Their analysis shows the Reserve Bank’s capital rules add between 0.25 and 0.375 percentage points to mortgage rates compared with Australia. For a million-dollar mortgage, that means between $2,500 and $3,750 in […]
The cost of Reserve Bank regulation
Upcoming talk and new book on ideology and science
02 Mar 2025 Leave a comment
in discrimination, economics of education, gender, liberalism, Marxist economics, politics - USA Tags: free speech, gender gap, political correctness, regressive left, sex discrimination

I have two announcements this morning: a.) First, next Monday, Mar 3 at 12:30 Chicago time (1:30 Eastern time), I am having a 1-1½-hour discussion with DIAGdemocrats (“DIAG” stands for Democrats with an Informed Approach to Gender. And their slogan is “Liberals guiding our party back to reason and reality.” It’s tailor made for me!) […]
Upcoming talk and new book on ideology and science
1700
02 Mar 2025 Leave a comment
in economic history, International law Tags: economics of borders, maps
BP Faces “Existential Crisis” After Ruinous Attempt to Go Green
02 Mar 2025 Leave a comment
in applied price theory, economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, financial economics, global warming, industrial organisation, politics - USA, survivor principle Tags: 2024 presidential election, climate activists, climate alarmism, efficient markets hypothesis, greenwashing
BP’s green pivot has backfired spectacularly, hammering profits and leaving the company vulnerable to a hedge fund siege, writes Jonathan Leake in the Telegraph.
BP Faces “Existential Crisis” After Ruinous Attempt to Go Green
DON BRASH: From the internet to medicines, nothing in New Zealand is safe from Treaty mania
01 Mar 2025 Leave a comment
in economics of education, economics of regulation, industrial organisation, labour economics, liberalism, Marxist economics, occupational regulation, politics - New Zealand Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
The following is written in Don’s capacity as Hobson’s Pledge trustee. You may not have heard of InternetNZ or know exactly what they…
DON BRASH: From the internet to medicines, nothing in New Zealand is safe from Treaty mania
Forty years of floating
01 Mar 2025 Leave a comment
in budget deficits, business cycles, economic growth, economic history, Euro crisis, global financial crisis (GFC), great recession, history of economic thought, inflation targeting, macroeconomics, monetary economics Tags: floating exchange rates

Last year there was an interesting new book out, made up of 29 collected short papers by (more or less) prominent economists given at a 2023 conference to mark Floating Exchange Rates at Fifty. The fifty years related to the transition back to generalised floating of the major developed world currencies in 1973 (think USD, […]
Forty years of floating
‘A Socialist Identity in Parliament’? The Campaign Group of Labour MPs, 1982-2015
01 Mar 2025 Leave a comment
in Marxist economics Tags: British politics

Ahead of next Tuesday’s Parliaments, Politics and People seminar, we hear from Alfie Steer of Hertford College, University of Oxford. On 11 February Alfie will discuss the Campaign Group of Labour MPs, 1982-2015. The seminar takes place on 11 February 2025, between 5:30 and 6.30 p.m. It is fully ‘hybrid’, which means you can attend either in-person […]
‘A Socialist Identity in Parliament’? The Campaign Group of Labour MPs, 1982-2015
$50 million of taxpayer money on a ski field
01 Mar 2025 Leave a comment
in applied price theory, fiscal policy, industrial organisation, macroeconomics, politics - New Zealand, Public Choice, public economics, rentseeking, survivor principle Tags: corporate welfare
Newsroom has a summary of taxpayer money spent on Mt Ruapehu: How often have we been told this is the final assistance. We are now deep into the sunk cost fallacy.
$50 million of taxpayer money on a ski field
Is compulsory saving the answer?
28 Feb 2025 Leave a comment
in international economics, macroeconomics Tags: current account

Economic growth – and the lack of the sustained productivity growth that underpins it – is again briefly in focus. 70 years of relative economic decline still shows no sign of being durably reversed, but the last few years have been particularly tough and there is an election next year, and so the government’s rhetorical […]
Is compulsory saving the answer?
Can Enhanced Street Lighting Improve Public Safety at Scale?
28 Feb 2025 Leave a comment
in applied price theory, econometerics, economics of crime, labour economics, law and economics, occupational choice Tags: crime and punishment, criminal deterrence, law and order
Street lighting is often believed to influence street crime, but most prior studies have examined small-scale interventions in limited areas. The effect of large-scale lighting enhancements on public safety remains uncertain. This study evaluates the impact of Philadelphia’s citywide rollout of enhanced street lighting, which began in August 2023. Over 10 months, 34,374 streetlights were […]
Can Enhanced Street Lighting Improve Public Safety at Scale?
Climate Change Committee Demands Government Impose Radical Lifestyle Changes on UK
28 Feb 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, liberalism, Marxist economics Tags: British politics, climate activists, climate alarmism
The Climate Change Committee, the UK’s official Net Zero advisory body, has told the Government that to hit Net Zero it must impose radical lifestyle changes on the UK population. The Mail has more.
Climate Change Committee Demands Government Impose Radical Lifestyle Changes on UK
Paris Accord could determine election
28 Feb 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand, Public Choice, rentseeking Tags: carbon tax
The government’s commitment to the Paris Accord has garnered opposition from farmers and farming organisations. Federated Farmers is not supportive: The Government’s announcement today of a 2035 climate target of a 51-55% emissions reduction has signed New Zealand up for a decade more of planting pine on productive land, Federated Farmers meat and wool chair […]
Paris Accord could determine election

Recent Comments