Here is his comment on the paper presented here: Summary: The U.S. tax system is highly progressive. Effective tax rates increase from 2% for the bottom quintile of income to 45% for the top hundredth of one percent. But rates may be lower among those with the highest wealth. This comment starts with the “top 400” […]
David Splinter on how much tax billionaires pay
David Splinter on how much tax billionaires pay
30 Aug 2025 Leave a comment
in applied price theory, econometerics, entrepreneurship, human capital, income redistribution, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
Slavery: A human crime, not a British one
30 Aug 2025 Leave a comment
in economic history, labour economics Tags: economics of slavery
Rewriting History: The truth about slavery and the British Empire Ani O’Brien writes – You’d think from the way some people talk that the British Empire invented slavery, ran it single-handedly, and then quietly slunk away in shame. That’s the cartoon version of history pushed by activists who want every discussion of colonisation to be […]
Slavery: A human crime, not a British one
The Ongoing Tragedy of Cuban Socialism
30 Aug 2025 Leave a comment
in applied price theory, development economics, econometerics, economic history, economics of bureaucracy, growth disasters, history of economic thought, industrial organisation, law and economics, Marxist economics, property rights, Public Choice Tags: Cuba
I’ve written several articles about the failure of Cuban socialism (2024, 2022, 2021, 2019, and 2016). My leftist friends almost always respond by claiming that U.S.-imposed trade restrictions are the primary reason for Cuba’s terrible economy. Since I like free trade, I certainly agree that trade restrictions are bad for growth (a lesson I wish […]
The Ongoing Tragedy of Cuban Socialism
By-election puts co-governance in spotlight
29 Aug 2025 Leave a comment
Graham Adams writes – In brief Labour’s Peeni Henare says the quiet parts of party policy out loud. He promises $1b in funding for Māori initiatives. He reminds voters Labour will revive the Māori Health Authority. Ardern’s black-armband compulsory “histories” to reappear in schools. A sense of unreality hangs over the contest between New Zealand’s […]
By-election puts co-governance in spotlight
Why Are Electricity Prices So High?–Dieter Helm
29 Aug 2025 1 Comment
in applied price theory, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation Tags: British politics, climate activists, wind power
By Paul Homewood Why is the price of electricity so high? It’s a puzzle, because successive politicians (Blair, Cameron, May, Johnson and now Starmer and Miliband) and lots of lobbyists have told us we should have expected quite the opposite: cheap energy, to be achieved by getting out of fossil fuels. First exit […]
Why Are Electricity Prices So High?–Dieter Helm
Fertility
29 Aug 2025 Leave a comment
in population economics Tags: baby bust, economics of fertility
Running it up the Flagpole: Why the Trump Order on Flag Burning is Unconstitutional
29 Aug 2025 1 Comment
in economics of education, law and economics, politics - USA Tags: free speech, political correctness, regressive left
In the advertising world, there is an old adage that there are times when you take a pitch and “run it up the flagpole and see who salutes.” That expression came to mind yesterday when President Donald Trump signed an order to punish flag burning. The President may be hoping that the Supreme Court might salute […]
Running it up the Flagpole: Why the Trump Order on Flag Burning is Unconstitutional
4 Simple Rules to Dominate Your Opponents [Best Middlegame Strategy]
28 Aug 2025 Leave a comment
in chess
Judge undermines government intent
28 Aug 2025 1 Comment
in economics of crime, law and economics, politics - New Zealand
The National coalition government banned the wearing of gang patches in public places in November 2024. The legislation states: If a person pleads guilty to, or is convicted of, an offence against subsection (1), the gang insignia concerned— (a) is forfeited to the Crown; and (b) may be destroyed or otherwise disposed of as the court,…
Judge undermines government intent
The smallest gender pay gap in history
28 Aug 2025 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality Tags: gender wage gap, sex discrimination
Stats NZ reports: The gender pay gap was 5.2 percent in the June 2025 quarter, down from 8.2 percent in the June 2024 quarter, according to figures released by Stats NZ today. “The June 2025 quarter gender pay gap of 5.2 percent is the lowest since the series began in 1998,” labour market spokesperson Abby […]
The smallest gender pay gap in history
Voltaire on the Civility of Markets
28 Aug 2025 Leave a comment
in applied price theory, history of economic thought
A person does not really read Voltaire’s Philosophical Dictionary (1764)–or at least I don’t –but instead surfs through it from time to time, trying to hit some of the high spots. Here are a couple of comments for reflection on a summer’s day, from the 1901 translation by William Fleming. In the entry under “Presbyterian,”…
Voltaire on the Civility of Markets
Civitas Institute’s Tariff Symposium
28 Aug 2025 Leave a comment
in applied price theory, applied welfare economics, development economics, history of economic thought, international economics, politics - USA Tags: tarrifs
TweetThe Civitas Institute at UT-Austin just published a superb symposium on tariffs, with contributions by Richard Epstein, Samuel Gregg, Dirk Mateer, Dominic Pino, and my intrepid Mercatus Center colleague, Veronique de Rugy. Below are some slices. “The Man Who Knew Too Little: Donald Trump on Tariffs” (Richard Epstein): It is a dangerous state of affairs…
Civitas Institute’s Tariff Symposium
Captain John Morrison Birch: Missionary, Soldier, and Cold War Symbol
28 Aug 2025 Leave a comment
in defence economics, liberalism, Marxist economics, war and peace Tags: China, Cold War, World War II
Introduction John Morrison Birch (1918–1945) occupies an unusual place in American history. A Baptist missionary turned U.S. Army intelligence officer in China during World War II, his life bridged the spheres of religion, geopolitics, and war. Though he died at just 27 years old, Birch became a symbolic figure in early Cold War discourse when […]
Captain John Morrison Birch: Missionary, Soldier, and Cold War Symbol
The Most Important Election(s) of 2025
28 Aug 2025 Leave a comment
in applied price theory, Austrian economics, development economics, economic growth, economics of regulation, fiscal policy, growth disasters, labour economics, labour supply, law and economics, liberalism, libertarianism, macroeconomics, monetary economics, Public Choice, unemployment Tags: Argentina
Javier Milei has generated amazingly good results in just 20 months. But more reform is needed to undo the damage of 80 years of Peronism, which is why I explain that Argentina’s mid-term elections will be very important. Milei wants to turn Argentina into the world’s freest economy. That won’t be possible so long as […]
The Most Important Election(s) of 2025
UN Abandons Science
27 Aug 2025 1 Comment
in economics of climate change, economics of natural disasters, environmental economics, environmentalism, global warming Tags: climate alarmism
By Paul Homewood A damning piece by Roger Pielke Jr in the NY Post about the surrender of IPCC science to weather attribution zealots: https://nypost.com/2025/08/22/opinion/un-abandons-science-and-hires-climate-change-zealots-who-damn-the-facts/ Pielke cuts to the quick: “Because the IPCC has consistently failed to establish strong connections between greenhouse gas emissions and most types of extreme weather, a cottage […]
UN Abandons Science
Utopia, you are standing in it! 
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