US Soldiers Fighting in Russia – The End of the “Polar Bear Expedition” I THE GREAT WAR May 1919
30 May 2019 Leave a comment
in defence economics, economic history, war and peace Tags: Russian revolution, World War I
Karl Popper on the Open Society (1974)
30 May 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, Karl Popper, Public Choice Tags: constitutional law
Thomas Sowell is Back Again to Discuss His Book Wealth, Poverty, and Politics
29 May 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, discrimination, economic growth, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, minimum wage, occupational choice, poverty and inequality, Public Choice, Thomas Sowell, unemployment Tags: child poverty, family poverty, The Great Enrichment
The Irish crisis: Lessons for small central banks
29 May 2019 Leave a comment
Patrick Honohan was the Governor of Central Bank of Ireland (2009-15) during the 2008 crisis which hit the economy badly. He has penned a book on his years at the central bank: Currency, Credit and Crisis Central Banking in Ireland and Europe.
He shares some lessons on voxeu.org:
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More bog standard religious hate speech to remind sinners and rock n’ rollers that they must repent
29 May 2019 Leave a comment
in economics of religion Tags: free speech
Impossible to have basic conversation with @mfe_news on climate change economics
29 May 2019 1 Comment
in comparative institutional analysis, constitutional political economy, environmental economics, global warming, international economics, International law, law and economics, politics - New Zealand, Public Choice Tags: club goods, free riding, international public goods
Economic failure: the reluctance to recognise the implications of extreme remoteness
29 May 2019 Leave a comment
New Zealand has always been small and remote so it is necessary to show the geographic factors are time varying for remoteness to be important to the productivity drop that started in 1973
As regular readers know, I tend not to be particular upbeat about the New Zealand economic story. For anyone new, there should be a hint in the very title of the blog. If, by chance, you are still attracted to an upbeat take, only last week in a post here I critiqued a recent book chapter taking that sort of view.
And so I was a bit surprised when, more than a year ago now, I was asked to write a chapter for a forthcoming book on aspects of policymaking, and associated outcomes, in a small state (this one). In principle, the book sounded potentially interesting, and they were approaching a bunch of pretty serious and senior people to contribute. But it wasn’t clear there was much in it for me, and since the plan was for the introduction or foreword to have been written by the head of the…
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The regressive left is rather condescending about its intellectual and moral superiority
29 May 2019 Leave a comment
David Friedman on Triple V Voluntary Fractional Reserve Banking, Anarchy, Fiat currency
29 May 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, economic history, economics of crime, entrepreneurship, industrial organisation, law and economics, liberalism, libertarianism, macroeconomics, monetary economics, property rights, Public Choice
A Grand Gender Convergence: Its Last Chapter
29 May 2019 Leave a comment
in applied price theory, discrimination, economics of education, economics of love and marriage, gender, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: gender wage gap
A surprisingly large number of voters claim to be politically active, half of them might even vote
29 May 2019 Leave a comment
in politics - USA Tags: voter demographics
Discrimination and Disparities with Thomas Sowell
28 May 2019 Leave a comment
in applied price theory, discrimination, economic history, economics of bureaucracy, economics of crime, economics of regulation, human capital, income redistribution, labour economics, labour supply, law and economics, minimum wage, politics - USA, poverty and inequality, Public Choice, rentseeking, Thomas Sowell, unemployment, welfare reform
Not only are the top 1% now a working rich, they are rainmakers for the firms they own
28 May 2019 Leave a comment
in applied price theory, entrepreneurship, politics - USA, poverty and inequality
Hate Speech: A Lesson From 1930s Germany: Beware State Control of Social Media
28 May 2019 Leave a comment
This article at The Atlantic by Heidi Tworek had as a sub-title – Regulators should think carefully about the fallout from well-intentioned new rules and avoid the mistakes of the past.
This is an excellent article and fully repays the time spent reading it.
I will only quote a few points, as this really needs to be read in it’s entirety.
The history of radio, and in particular how it was regulated in interwar Germany, is more relevant than ever: Five years ago, the question was whether we would regulate social media. Now the questions are how and when we will regulate them. As politicians and regulators in places as disparate as Berlin, Singapore, and Washington—even Facebook founder Mark Zuckerberg—consider how best to do so, we should think carefully about the fallout from well-intentioned new rules and avoid the mistakes of the past.
This article is dated 27 May…
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