As the third poll in a row shows Labour slipping below 30%, and the gap between parties on the right and those on the left widening, the prospect of a change of government on October 14 has strengthened. This of course is a blow to those who believed the ascendancy of Chris Hipkins to the […]
Yet another poll puts Labour’s support below 30% as nation seeks saviour from economic woes
Yet another poll puts Labour’s support below 30% as nation seeks saviour from economic woes
22 Aug 2023 Leave a comment
Fatal attitudes toward crime – Los Angeles
21 Aug 2023 Leave a comment

LA’s crime problems are not as bad as those of San Francisco and Oakland, where the latest piece of irony is that officials have advised workers at the Nancy Pelosi Federal Building to work remotely if possible due to “public safety concerns”. But if LA is not doing as badly that’s likely only because it’s […]
Fatal attitudes toward crime – Los Angeles
Almost done…at least according to the Reserve Bank
21 Aug 2023 Leave a comment

I’m not a huge fan of central banks publishing medium-term economic forecasts (or projections as we were usually schooled to call them). As I understand it, decades ago the Reserve Bank of New Zealand only started publishing them because the Official Information Act was passed (and in those days the forecasts made little or no […]
Almost done…at least according to the Reserve Bank
Creative destruction
21 Aug 2023 Leave a comment
in economic history, industrial organisation Tags: creative destruction
Lock Him Up! The Excitement over Trump in Prison is Tellingly Premature
21 Aug 2023 Leave a comment
Below is my column in USA Today on the growing excitement among pundits on the prospect that former President Donald Trump could be going to jail. The celebration is a tad premature. Indeed, Trump could be convicted before the election and not be sent to prison for years, if ever. The prospect of prison depends […]
Lock Him Up! The Excitement over Trump in Prison is Tellingly Premature
Why Wind & Solar ‘Transition’ Spells Inevitable Environmental Disaster
20 Aug 2023 Leave a comment

Spearing thousands of wind turbines into rural communities and carpeting them with endless seas of solar panels is only just the beginning. To connect those hopelessly intermittent power sources to market requires thousands of (otherwise unnecessary) kilometres of additional transmission lines. All of that environmental destruction could have readily been avoided had Australia simply maintained […]
Why Wind & Solar ‘Transition’ Spells Inevitable Environmental Disaster
Baby Busts and Bank Crashes: A Conversation with Demographer Nicholas Eb…
20 Aug 2023 Leave a comment
in applied price theory, economic history, financial economics, industrial organisation, international economics, macroeconomics, monetary economics, population economics Tags: baby bust, economics of banking
Benefit-cost analysis without the benefits or the analysis: How not to write Merger Guidelines
20 Aug 2023 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics
NEW PAPER ON SSRN: The wealth-creating engine of capitalism is the movement of assets to higher-valued uses. Our biggest and most valuable assets, and those with the greatest wealth-creating potential are corporations. Antitrust law and practice work to facilitate this movement, while deterring the types of mergers which substantially lessen competition. Previous iterations of the DOJ/FTC Merger…
Benefit-cost analysis without the benefits or the analysis: How not to write Merger Guidelines
Argentina should dollarize
19 Aug 2023 Leave a comment
Here is my Bloomberg column on that topic, here is the trickiest point: Another concern, more significant, is that dollarization would be a huge upfront cost to the government of Argentina: Someone would have to actually come up with all the dollars to serve as currency. Keep in mind, however, that the economy of Argentina…
Argentina should dollarize
Misleading Parliament
19 Aug 2023 Leave a comment

In my post on Thursday I commented briefly on the appearance by the Governor and his Chief Economist at Parliament’s Finance and Expenditure Committee. They tried to suggest to the Committee that to the extent there had been inflation forecast errors over the last year – responding to a question from Nicola Willis – that […]
Misleading Parliament
Washington’s ‘Whoo-Hoo’ Moment: Trump Indictment Coverage Borders on the Indecent
19 Aug 2023 Leave a comment

Below is my column in The Messenger on the celebrations after the fourth indictment of former president Donald Trump — and the dismissal of any concerns over the implications of these prosecutions for free speech. Some Democrats are warning that they need to avoid the public displays of joy. The danger is that Democrats just […]
Washington’s ‘Whoo-Hoo’ Moment: Trump Indictment Coverage Borders on the Indecent
Climate Hype Backfires on Greens
19 Aug 2023 Leave a comment
Mark Higgie reports Europe’s summer of climate hysteria in Spectator Australia. Excerpts in italics with my bolds and added images. But voters continue to move against the Green tide If the British weather were a person with bank accounts, it would by now likely find itself, like Nigel Farage, ‘de-banked’ for political incorrectness. While the […]
Climate Hype Backfires on Greens


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