Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Sep 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, wind power
By Paul Homewood FES 2024 As well as the problem of not having enough wind power at times, there is also the issue of having too much at other times. Consequently we have to pay generators to switch off. The National Grid’s Future Energy Scenarios this year estimated that 42.5 TWh would have […]
The Problem Of Too Much Wind
18 Sep 2024 Leave a comment
in constitutional political economy, economics of information, economics of media and culture, law and economics, liberalism, Marxist economics, politics - USA, television Tags: 2024 presidential election, free speech, political correctness, regressive left
Hillary Clinton has long been one of the most anti-free speech figures in American politics, including calling upon European officials to force Elon Musk to censor American citizens under the infamous Digital Services Act (DSA). She is now suggesting the arrest of Americans who spread what she considers disinformation. It is a crushingly ironic moment…
“A Better Deterrence”: Hillary Clinton Calls for the Arrest of Americans Spreading Disinformation
18 Sep 2024 Leave a comment
in applied price theory, entrepreneurship, labour economics, labour supply, poverty and inequality, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
I wrote a few days ago about how Americans are moving from high-tax states to lower-tax states (mostly to states with no income taxes or flat taxes). Today, let’s look at international tax migration. I’ve addressed this issue before, but generally in the context of individual countries that are attracting or repelling entrepreneurs, investors, business […]
Tax-Motivated International Migration
18 Sep 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, history of economic thought, human capital, job search and matching, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: British politics, compensating differences, pay equity
The UK’s Orwellian sounding Equality Act 2010 is strikingly Marxist. It demands equal pay for work of equal value where these are defined as follows: A’s work is equal to that of B if it is like B’s work, rated as equivalent to B’s work, or of equal value to B’s work. A’s work is […]
Equality Act 2010
17 Sep 2024 Leave a comment
in applied price theory, econometerics, economic history, entrepreneurship, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, occupational choice, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
By Eric Pichet, here is the abstract: Despite attempts to ‘unwind’ the Impôt de Solidarité sur la Fortune (‘Solidarity Wealth Tax,’ the French wealth tax) during the last legislature (2002-2007), ISF yields had soared by 2006, jumping from €2.5 billion in 2002 to €3.6 billion. Analysis of the economic consequences of this ISF wealth tax […]
The Economic Consequences of the French Wealth Tax
17 Sep 2024 Leave a comment
in applied price theory, economic growth, entrepreneurship, Federalism, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, occupational choice, politics - USA, poverty and inequality, Public Choice, public economics Tags: capital gains tax, taxation and investment taxation and entrepreneurship, taxation and labour supply
I’m a big fan of tax competition. I cheer when jobs, investment, and people (or even booze) move from high-tax jurisdictions to low-tax jurisdictions. This increases the rewards for good policy and also increases the punishment for bad policy. Given my interest in the topic, I obviously can’t resist sharing this chart, which shows the […]
Tax-Motivated Domestic Migration
17 Sep 2024 Leave a comment
in economics of crime, economics of media and culture, law and economics, liberalism, Marxist economics, politics - Australia Tags: free speech, media bias, political correctness, regressive left
As Australia approaches its next cycle of state and federal elections, the radical Aussie Federal Government is pushing laws which could silence media criticism of their key policy positions.
Australia Introduces Legislation to Outlaw Disagreeing With the Government
17 Sep 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: British politics, wind power
By Paul Homewood h/t Philip Bratby Wind mills, solar farms and giant batteries. How to wreck the English countryside for no good reason! Mega projects designed to store renewable energy are drawing the ire of rural communities The bucolic Buckinghamshire village of Granborough, while picturesque, is not much of a landmark. […]
The bus-sized battery farms threatening to blight Britain’s countryside
17 Sep 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election
Below is my column in The Hill on the controversial role played by the ABC moderators in the presidential debate. Three false claims in the debate continue to be repeated in what is now our post-truth political environment. (ABC later challenged another claim by Harris on the deployment of U.S. troops). Here is the column:
With Fact-Checks Like These, How Does Truth Stand a Chance?
16 Sep 2024 Leave a comment
in defence economics, International law, laws of war, war and peace Tags: Japan, World War II
16 Sep 2024 Leave a comment
in development economics, economic growth, economic history, growth disasters, history of economic thought, income redistribution, liberalism, macroeconomics, Marxist economics, politics - USA, Public Choice Tags: regressive left, useful idiot, Venezuela
I sometimes make the theoretical case against socialism. Usually, this means exposing the flaws of the core components of the socialist ideology. Government ownership of the means of production is a recipe for resource misallocation. Central planning has a miserable track record of failure because consumer preferences are ignored. Price controls distort incentives to make […]
It Happened Again! The New York Times Writes about Venezuela’s Collapse and Fails to Mention Socialism
16 Sep 2024 Leave a comment
in politics - USA, television, TV shows Tags: 2024 presidential election
Here are two clips from the latest Real Time show: the introductory monologue and the longer comedy bit, which this week is on the interminable campaigning going on. This 3½-minute intro is about the debate and Trump’s abysmal showing (he doesn’t forget to bring in Haitians and dogs). His imitation of Trump at the end […]
Bill Maher on the endless campaign
15 Sep 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election, constitutional law, defamation law, free speech, political correctness, regressive left
Last January, I received a letter threatening me with a defamation lawsuit if I continued my criticism of Hunter Biden, including allegations of criminal conduct. It all seemed part of a “Legion of Doom” defense hatched by Biden supporters reportedly to target critics and even potential witnesses. I proceeded to write three more columns repeating […]
IRS Whistleblowers Sue Hunter Biden’s Lawyer Abbe Lowell for Defamation
15 Sep 2024 Leave a comment
in defence economics, war and peace Tags: Russian revolution, World War I
15 Sep 2024 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of information, economics of regulation, health economics, politics - New Zealand, Public Choice Tags: drug lags, economics of pandemics
In a sane world, medicines and vaccines already approved by trustworthy overseas regulators would automatically be able to be used in New Zealand as well.New Zealand is not sane. But neither is anywhere else really on that standard. Other places are just faster than NZ in getting things approved, with more practicable pathways for expedited…
Monkeypox and Medsafe
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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