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Fashionable backpack and a 1 year warranty too (1985)
22 Aug 2024 Leave a comment
in economic history, industrial organisation Tags: creative destruction, Great Enrichment
More on the decline and fall of science education in New Zealand
22 Aug 2024 Leave a comment
in economics of education, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, conjecture and refutation, constitutional law, free speech, philosophy of science, political correctness, racial discrimination, regressive left
Skip this if you don’t care about science education in New Zealand, but plenty of scientists there are worried about it. And it’s a harbinger of what may happen to science education in the U.S. as science courses add requirements to teach indigenous “ways of knowing” and the curriculum itself pushes out traditional material to make […]
More on the decline and fall of science education in New Zealand
Adam Smith Meets Jonathan Haidt (on political polarization and the animosity of hostile factions)
22 Aug 2024 1 Comment
in Adam Smith, economics of education, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left. Age of Enlightenment
Jonathan Haidt wrote the book The Righteous Mind: Why Good People Are Divided by Politics and Religion. It is about how polarized and nasty our politics have become, how everyone loves to demonize and ridicule anyone from a different political party. But these are things that Adam Smith talked about in his book The Theory…
Adam Smith Meets Jonathan Haidt (on political polarization and the animosity of hostile factions)
Google’s strategy of search engine user lock-in
22 Aug 2024 Leave a comment
in economics of media and culture, economics of regulation, industrial organisation, politics - USA Tags: competition law
The Financial Times reported earlier this month (paywalled):A US federal judge has ruled that Google spent billions of dollars on exclusive deals to maintain an illegal monopoly on search, in a landmark win for the Department of Justice as it seeks to rein in Big Tech’s market power…The ruling follows a weeks-long trial in which…
Google’s strategy of search engine user lock-in
Why Top CEOs Earn Big Paychecks
22 Aug 2024 Leave a comment
in applied price theory, economic history, economics of education, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, liberalism, managerial economics, market efficiency, occupational choice, organisational economics, personnel economics, politics - USA, poverty and inequality, survivor principle Tags: CEO pay, superstar wages
CEO compensation at large firms is high, especially in comparison to average worker wages, sparking debates over income inequality. Critics argue that such pay packages are unfair and disproportionate to actual company performance. Proponents contend that high pay reflects productivity and is necessary to attract scarce top talent to large firms. Let’s go to the […]
Why Top CEOs Earn Big Paychecks
When Did We Start Getting Cavities?
22 Aug 2024 Leave a comment
in economic history, economics of media and culture, health economics
How Chlöe Swarbrick struggled to accept the PM’s position on sovereignty
21 Aug 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
Bob Edlin writes – Historian and former Labour Government cabinet minister Michael Bassett, in an article posted here earlier today, said those who spend time on the web examining the Treaty of Waitangi will find claims there are four or even five articles when officially there have never been more than three. Bassett went on […]
How Chlöe Swarbrick struggled to accept the PM’s position on sovereignty
“Keyboard Warrior”: British Crackdown Results in Three-Year Sentence Over Anti-Migrant Postings
21 Aug 2024 Leave a comment
in economics of crime, law and economics, liberalism, Marxist economics, politics - USA Tags: British politics, free speech, political correctness, regressive left
Three years ago, we discussed the conviction of a British man for “toxic ideologies,” under the draconian laws criminalizing inciteful or dangerous speech. The erosion of free speech appears to have only accelerated in the UK. As is often the case, the attacks on free speech increase during periods of unrest, anger or fear. With […]
“Keyboard Warrior”: British Crackdown Results in Three-Year Sentence Over Anti-Migrant Postings
Kamala’s Proposed Increase in the Corporate Tax Rate: The Good News and Bad News
21 Aug 2024 Leave a comment
in applied price theory, entrepreneurship, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
As part of her tax-and-spend agenda, Kamala Harris says she wants to increase the federal corporate tax rate from 21 percent to 28 percent. While it doesn’t seem possible, there is a tiny sliver of good news in her proposal. I’m happy that she isn’t proposing to push the rate to 35 percent, which is […]
Kamala’s Proposed Increase in the Corporate Tax Rate: The Good News and Bad News
Rabbit and horse too if there were a zombie apocalypse
20 Aug 2024 Leave a comment
in economics of media and culture
Telephone Operators: The Elimination of a Job
20 Aug 2024 Leave a comment
in economic growth, economic history, gender, history of economic thought, industrial organisation, labour economics, labour supply, macroeconomics, market efficiency, occupational choice, survivor principle, unemployment Tags: creative destruction
My tradition on this blog is to take a break (mostly!) from current events in the later part of August. Instead, I pre-schedule daily posts based on things I read during the previous year about three of my preoccupations: economics, editing/writing, and academia. With the posts pre-scheduled, I can then relax more deeply when floating…
Telephone Operators: The Elimination of a Job
The censored school speech
20 Aug 2024 Leave a comment
in economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
This is the speech by Oliver Jull that won him a spot in the speech competition finals, but then his school canceled as it was worried it may offend some people. You don’t have to agree with it, to think he should be allowed to express his beliefs.
The censored school speech
When The Democrats Loved Trump
20 Aug 2024 Leave a comment
in economic history, politics - USA, television, TV shows Tags: 2016 US presidential election, 2024 presidential election, regressive left
Joe Rogan has just dropped some amazing video of Donald Trump in 2011. Watch. That was in 2011. The crowd gives him a standing ovation. Barbara Walters, who used to host The View, greets Trump as “My friend”, and he engages in hugs and kisses with… Joy Behar and Whoopie Goldberg! He even says the […]
When The Democrats Loved Trump
Europeans deserve to be as cool as Americans
20 Aug 2024 Leave a comment
in energy economics, environmental economics, global warming
That is the (very good) title they gave my recent Bloomberg column. Should Europe have more air conditioning? Basically yes. Here is one excerpt: Some 90% of the US has air conditioning, according to one estimate, compared to only 19% for Europe. Worldwide, the US, China and Japan account for about two-thirds of all air conditioning… […]
Europeans deserve to be as cool as Americans
Utopia, you are standing in it! 
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