SummaryThis chapter, on “Welfare and the Welfare State,” argues that the welfare state gives the poor perverse incentives. A superficial reader might say, “However original this was in 1973 when it was first written, it’s now old hat. Clinton made the same arguments for welfare reform.” However, on closer examination, Rothbard’s analysis remains distinctive both…
Paul Ehrlich has died, the environmentalist most well know for being wrong about basically everything. Richard Hanania has read Ehrlich’s infamous “The population bomb” and summarises for us what Ehrlich thought. Click through and read the whole series. It is amazing. The post Paul Ehrlich first appeared on Kiwiblog.
Bob Edlin writes – The Green Party has brought its promotion of diversity into question by deciding not to select a former sex worker as a candidate. It denies the decision has nothing to do with her background but has not explained why she did not pass muster with the party big-wigs who make these […]
The Bank of England has announced that they plan to replace famous historical figures from their banknotes, and replace them with cute animals. No I’m not joking. They cite a poll and the fact animals are harder to counterfeit. Their current notes are: All great choices – their most famous PM, author, painter and mathematician.…
I am offering a new piece of work — I do not quite call it a book — online and free. It has four chapters, is about 40,000 words, is fully written by me (not a word from the AIs), and it is attached to an AI with a dual page display, in this case…
TweetPrager University’s new short video on the Great Recession was inspired by Chapter 5 of Phil Gramm’s and my 2025 book, The Triumph of Economic Freedom. The post On the Great Recession appeared first on Cafe Hayek.
Stuf reported: Government proposes sweeping changes to alcohol laws The changes are far from sweeping. They are good, and tidy up some stupid stuff, but it is not a major change. As I said, all pretty minor but useful changes. It is good that someone living in Auckland can’t object anymore to an application in…
That all sounded wonderful, and that core model and its offshoots dominated financial research for decades. The problem, however, was that it wasn’t true, or at least it wasn’t nearly as true as we had thought and hoped. When financial economists refined the models with more complete specifications, it turned out Beta didn’t predict stock…
Guest Post By Ivan Barnett To all readers, I have put this document together in the hope that it may be useful to others who are facing similar issues in their own districts. I have researched the material carefully and done my best to present it clearly and accurately. I am a retired dry‑land farmer, […]
Martin Cruz Smith (1942 to 2025) was a prolific author of mystery and suspense fiction, publishing over 30 novels. He was best known for his 11-book series featuring Russian investigator Arkady Renko, who was introduced in 1981 with ‘Gorky Park’ and last appeared in ‘Hotel Ukraine’. ‘Gorky Park’ was made into a successful Hollywood movie […]
Health care spending had been a rising share of US GDP for decades, but since about 2010, the rate of increase seemed to level out. David M. Cutler and Lev Klarnet address “Has the United States bent the health care cost curve?” (Brookings Papers on Economic Activity, Spring 2026, readable overview of paper at link, including a…
Bob Edlin writes – My email in-tray today included a newsletter from the source pictured above which – when opened – was found to be Land Information New Zealand (LINZ), That’s the government agency which manages land titles, surveying, crown property, and topographic/hydrographic information.
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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