Lucas and Sargent on equilibrium macroeconomics and imperfect information
16 Feb 2020 Leave a comment
in business cycles, economics of information, macroeconomics, monetary economics, Robert E. Lucas Tags: Keynesian macroeconomics, new classical macroeconomics, New Keynesian macroeconomics
Hayek’s finest paper
16 Feb 2020 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economics of information, F.A. Hayek, history of economic thought, industrial organisation, property rights Tags: The fatal conceit, The meaning of competition, The pretence to knowledge
Diamonds or Self-Determination? – South West African Nationalism | THE GREAT WAR 1920
16 Feb 2020 Leave a comment
in defence economics, war and peace Tags: World War I
Who pioneered the economics of information?
16 Feb 2020 Leave a comment
in applied price theory, economics of information, George Stigler Tags: information costs
Why Jordan Peterson is certain Icelands equal pay laws will fail
16 Feb 2020 Leave a comment
in discrimination, economics of education, economics of information, financial economics, gender, health and safety, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, managerial economics, market efficiency, occupational choice, organisational economics, personnel economics, politics - Australia, poverty and inequality, Public Choice, rentseeking, survivor principle, theory of the firm Tags: gender wage gap
What Happened To Giant Flying Boats? Saunders-Roe Princess Story
16 Feb 2020 Leave a comment
in defence economics, entrepreneurship, transport economics Tags: creative destruction
The Myth of the Rational Voter
16 Feb 2020 Leave a comment
in applied price theory, economics of information, politics - USA, Public Choice Tags: anti-foreign bias, anti-market bias, make-work bias, pessimism bias, rational irrationality
Enter Erwin Rommel – The British Advance in Africa – WW2 – 077 – February 15 1941
16 Feb 2020 Leave a comment
in defence economics, war and peace Tags: World War II
Capitalism Helps People in Poor Nations, Foreign Aid Helps Politicians in Poor Nations
16 Feb 2020 Leave a comment
I wrote last October about how poor nations that followed the pro-market recipe of the “Washington Consensus” in the 1980s and 1990s got good results. Johan Norberg addresses the same topic in this video.
Sadly, international organizations are infamous nowadays for the bizarre argument that developing nations should try to boost prosperity by imposing higher taxes and bigger government. I’m not joking.
I was even a credentialed participant at a conference on precisely this topic at the United Nations. It was a strange experience to be surrounded by anti-empirical people, but at least I wasn’t threatened
with arrest, as happened at an OECD event.
Needless to say, these folks also think it’s a good idea to use foreign aid to finance bigger fiscal burdens in poor nations.
I’ve previously explained why this is a bad idea, at least if we care about achieving more prosperity for people. Simply stated…
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Carbon Tax Event – Ross McKitrick
16 Feb 2020 Leave a comment
in energy economics, environmental economics, global warming, Public Choice, public economics Tags: carbon tax
Victor Davis Hanson | George S. Patton: American Ajax
16 Feb 2020 Leave a comment
in defence economics, laws of war, war and peace Tags: World War I, World War II
John Stuart Mill speaks
15 Feb 2020 Leave a comment
in law and economics Tags: free speech, political correctness, regressive left
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