Hunter Biden Loses Game of Chicken With Himself
06 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Below is my column in the New York Post on the sudden guilty plea from Hunter Biden in his federal tax case. It was not the plea but the timing of the plea that was the surprise. What is missing is any cognizable legal strategy in waiting until the first day of the trial to […]
Hunter Biden Loses Game of Chicken With Himself
Transwomen and sex offending
06 Sep 2024 Leave a comment
in economics of crime, gender, law and economics Tags: crime and punishment, free speech, law and order, political correctness, regressive left
Friedman vs Stiglitz: Estonia and Poland vs. Argentina and Venezuela
06 Sep 2024 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of bureaucracy, entrepreneurship, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, law and economics, liberalism, Marxist economics, poverty and inequality, property rights, Public Choice, rentseeking, survivor principle Tags: Argentina, Chile, Poland, regressive left, Venezuela
About 10 days ago, i showed that Milton Friedman was a much better economist than Joseph Stiglitz by comparing Chile (which followed Friedman’s ideas) and Venezuela (which followed Stiglitz’s ideas). It was a slam-dunk win for Friedman. Chile started poor and has become relatively prosperous. The opposite happened in Venezuela, which started relatively prosperous and […]
Friedman vs Stiglitz: Estonia and Poland vs. Argentina and Venezuela
Volvo ditches electric car plans
06 Sep 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: electric cars
By Paul Homewood h/t Philip Bratby Volvo has ditched plans to sell only electric cars by 2030 amid waning demand for battery powered vehicles. The Swedish carmaker blamed the move on changing market conditions, amid fears many of the public continue to prefer petrol and diesel models. It comes as major […]
Volvo ditches electric car plans
Week 314B – The End of World War Two – WW2 – September 2, 1945
05 Sep 2024 Leave a comment
in defence economics, laws of war, war and peace Tags: World War II
Jim Crow and Black Economic Progress After Slavery
05 Sep 2024 Leave a comment
in applied price theory, discrimination, economic history, economics of education, human capital, labour economics, labour supply, politics - USA, poverty and inequality Tags: economics of slavery, racial discrimination
This paper studies the long-run effects of slavery and restrictive Jim Crow institutions on Black Americans’ economic outcomes. We track individual-level census records of each Black family from 1850 to 1940, and extend our analysis to neighborhood-level outcomes in 2000 and surname-based outcomes in 2023. We show that Black families whose ancestors were enslaved until […]
Jim Crow and Black Economic Progress After Slavery
“That Has to Stop”: Harris Denounces Unfettered Free Speech in 2019 CNN Interview
05 Sep 2024 Leave a comment
in economic history, liberalism, Marxist economics, politics - USA Tags: 2024 presidential election, Age of Enlightenment, free speech, political correctness, regressive left
I previously wrote how a Harris-Walz Administration would be a nightmare for free speech. Both candidates have shown pronounced anti-free speech values. Now, X owner Elon Musk and former independent presidential candidate Robert F. Kennedy Jr. have posted a Harris interview to show the depths of the hostility of Harris to unfettered free speech. I […]
“That Has to Stop”: Harris Denounces Unfettered Free Speech in 2019 CNN Interview
The pro-Hamas protests resume big time at Columbia
05 Sep 2024 Leave a comment
in defence economics, economics of crime, economics of education, law and economics, politics - USA, property rights Tags: free speech, Gaza Strip, Middle-East politics, regressive left, war against terror
I am not being hyperbolic by saying the protestors are “pro-Hamas” rather than “pro-Palestinian,” as they themselves extol Hamas (see below). What kind of student would glorify muderous terroristic thugs? Columbia ones, of course. You didn’t have to be a rocket scientist to predict that pro-Palestinian protests which violate campus regulations, as well as the […]
The pro-Hamas protests resume big time at Columbia
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
04 Sep 2024 Leave a comment
in applied price theory, budget deficits, business cycles, development economics, econometerics, economic growth, economic history, Edward Prescott, fiscal policy, great depression, history of economic thought, labour economics, law and economics, macroeconomics, Milton Friedman, monetarism, monetary economics, politics - USA, Public Choice, Robert E. Lucas, unemployment
Jon Hartley interviews Greg Mankiw on topics including New Keynesian macroeconomics, growth, and economic policy more broadly at his Capitalism and Freedom website (August 20, 2024, video and transcript available). Here are a few of the comments that caught my eye. On big models and small models in studying the macroeconomy: [O]n the issue of…
Interview with Greg Mankiw: New Keynesian Macro, Growth, and Economic Policy
Looming ‘clean’ energy disasters off our coasts
04 Sep 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: wind power
One broken wind turbine blade shut down Massachusetts beaches. What would hurricanes do?
Looming ‘clean’ energy disasters off our coasts
Petrol cars ‘rationed to meet eco targets’
04 Sep 2024 Leave a comment
in economics of regulation, energy economics, environmental economics, global warming, transport economics Tags: British politics, unintended consequences
By Paul Homewood h/t Doug Brodie I predicted this would happen: Car makers are rationing sales of petrol and hybrid vehicles in Britain to avoid hefty net zero fines, according to one of the country’s biggest dealership chains. Robert Forrester, chief executive of Vertu Motors, said manufacturers were delaying deliveries of cars […]
Petrol cars ‘rationed to meet eco targets’
Robert Reich Calls for the Arrest of Elon Musk for Resisting Censorship
04 Sep 2024 Leave a comment
in economics of crime, law and economics, liberalism, politics - USA, property rights Tags: free speech, political correctness, regressive left
C-Span Screengrab We have previously discussed the anti-free speech views of Clinton’s former Labor Secretary, Robert Reich, who has tried to sell citizens on the perfectly Orwellian view that more freedom means tyranny when it comes to the freedom of expression. He also demanded that former president Donald Trump be banned from ballots as a…
Robert Reich Calls for the Arrest of Elon Musk for Resisting Censorship
California Scuttles Reparations Bills As Supporters Denounce a Political Bait-and-Switch
04 Sep 2024 Leave a comment
in economics of crime, law and economics, politics - USA, property rights Tags: economics of slavery
We have previously discussed (here and here and here and here) the push for reparations in California that has been touted by California Gov. Gavin Newsom and Demcrats for years. After campaigning on the issue in past elections, I wrote a column about how this bill had come due after years of delay for study and recommendations. The legislature, however, just stamped […]
California Scuttles Reparations Bills As Supporters Denounce a Political Bait-and-Switch
Utopia, you are standing in it! 
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