In 1798, Thomas Malthus told the world to expect collapse – “Population, when unchecked, increases in a geometrical ratio. Subsistence increases only in an arithmetical ratio.”

Celebrating humanity's flourishing through the spread of capitalism and the rule of law
04 Jan 2024 Leave a comment
in economic history, labour economics, labour supply, population economics, poverty and inequality Tags: capitalism and freedom, The Great Enrichment, The Great Escape, The Great Fact
In 1798, Thomas Malthus told the world to expect collapse – “Population, when unchecked, increases in a geometrical ratio. Subsistence increases only in an arithmetical ratio.”

04 Jan 2024 Leave a comment
in applied welfare economics, economic history, environmental economics, global warming Tags: climate alarmism

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04 Jan 2024 Leave a comment
in discrimination, gender, sports economics Tags: sex discrimination

The article below, recounting the Olympics’ tortuous attempts to distinguish members of sexes for women’s sports, comes from the Reality’s Last Stand Substack site. It’s by Linda Blade, identified as “a sport performance professional coach in Edmonton, Alberta, Canada [PhD Kinesiology; ChPC in T&F] who trains athletes in many different sports, mentors coaches, and advocates […]
The convoluted history of sex testing in the Olympics
04 Jan 2024 Leave a comment
in transport economics Tags: space
04 Jan 2024 Leave a comment
in econometerics, economic history

Back in 1790, when Congress was arguing about process for the first Census, one argument was that the Census should limit itself to counting heads, for purposes of determining how many representatives each state should receive. But James Madison argued that it was important to seize the opportunity of the Census to gather additional information,…
When Fewer People Answer Surveys, What Should Government Statisticians Do?
04 Jan 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election, constitutional law

Below is my column in The Messenger on the challenge facing the Supreme Court in the coming week over the electoral disqualification of former president Donald Trump in Colorado and Maine. The appeal in Maine has been filed and can now work its way up to the Court. Colorado is expected to file with the…
“A Sad Day”: How the Colorado Disqualification Case is Bringing Back Bad Memories for the Supreme Court
03 Jan 2024 1 Comment
in economics of regulation, industrial organisation, transport economics, urban economics
And at what margin? A new ideological struggle is brewing, yet we have not yet recognized it as such. The question is to what extent cities are for tourists, or for their current residents. Here is a report from Vermont: A Vermont town known for its autumn foliage has closed its roads to the public […]
Are cities for tourists or residents?
03 Jan 2024 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, free speech, Gaza Strip, Israel, Middle-East politics, political correctness, racial discrimination, regressive left, war against terror

Breaking nooz, and from the Harvard Crimson. The revelations of plagiarism, and accusations of withholding/manipulating data, apparently rendered her ineffective as President. And her status as Harvard’s first black woman President didn’t save her. I heard rumors that she refused to resign, and had procured a lawyer and would sue, but those apparently weren’t true. […]
Harvard President Claudine Gay to resign
03 Jan 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy, celebrity technologies, wind power

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in labour economics, labour supply, unemployment

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03 Jan 2024 Leave a comment
in economic growth, economic history, macroeconomics

With both the annual and quarterly national accounts data having come out recently it is time for a quick update of some old charts. First, labour productivity (real GDP per hour worked). This chart is from the period since just prior to Covid, and for both New Zealand and Australia If you want some slight consolation, […]
Economic underperformance
02 Jan 2024 Leave a comment
in law and economics Tags: constitutional law, Israel
This is true “wow” moment to start the new Gregorian year. The Israeli Supreme Court has ruled, on an 8-7 vote, to strike down the first installment of the government’s controversial judicial overhaul. In what now seems like ages ago, but was only July, the Knesset had passed an amendment to the Basic Law: Judiciary […]
Israeli Supreme Court strikes down “reasonableness” Basic Law
02 Jan 2024 Leave a comment
in discrimination, economics of crime, law and economics, liberalism, Marxist economics, politics - USA Tags: free speech, Gaza Strip, Middle-East politics, political correctness, racial discrimination, regressive left, war against terror

It’s likely that most or all of today’s posts will be about the antisemitism in America and the world, a form of hatred revealed and exacerbated by the war between Israel and Hamas. There are no other worthy items to post about, so if you’re tired of the war, or of discussions about Jews, just […]
Antisemitism in America as displacement behavior
02 Jan 2024 Leave a comment
in development economics, economic growth, macroeconomics

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01 Jan 2024 Leave a comment
in applied price theory, Austrian economics, behavioural economics, economic history, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice Tags: capitalism and freedom, evolutionary psychology, The Great Enrichment
Tweet… is from my emeritus Nobel-laureate colleague Vernon Smith‘s splendid speech “Human Betterment Through Globalization,” delivered in September 2005 at the Irvington-on-Hudson then-headquarters of the Foundation for Economic Education: The challenge is that we all function simultaneously in two overlapping worlds of exchange. First, we live in a world of personal, social exchange based on…
Quotation of the Day…
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