Cantor Fitzgerald, a financial services company led by the sons of US Commerce Secretary Howard Lutnick, has offered to buy the right to hundreds of millions of dollars in potential refunds from companies that have paid Trump’s tariffs. The offer means that the sons of the pro-tariff commerce secretary, Kyle and Brandon, have made a way for […]
Markets in everything, bet on tariff repeal edition
Markets in everything, bet on tariff repeal edition
23 Jul 2025 Leave a comment
in applied price theory, entrepreneurship, financial economics, international economics, politics - USA Tags: tarrifs
Planned Parenthood going the way of the ACLU and the SPLC?
23 Jul 2025 Leave a comment
in discrimination, gender, health economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left, sex discrimination
Luana called my attention to an article on wokeness, in this case describing the ideological erosion of Planned Parenthood (henceforth “PP). Click the headline below to read the WSJ “Saturday essay”, or or find it archived free here. Notice that the author is Pamela Paul, formerly the Sunday book-review editor and then a columnist for […]
Planned Parenthood going the way of the ACLU and the SPLC?
Creative destruction
23 Jul 2025 Leave a comment
in economic history, entrepreneurship, industrial organisation Tags: creative destruction
The Milei Miracle, Part II
23 Jul 2025 Leave a comment
in applied price theory, budget deficits, comparative institutional analysis, constitutional political economy, development economics, economic growth, fiscal policy, growth disasters, growth miracles, law and economics, liberalism, libertarianism, macroeconomics, property rights Tags: Argentina
I almost feel sorry for the 108 leftist economists who predicted back in 2023 that Argentina would suffer if Javier Milei won the presidential election. Not only were they disappointed when he enjoyed a landslide victory, but the subsequent events in Argentina have shown that they were wildly wrong (all of which is discussed in […]
The Milei Miracle, Part II
Clean Power 2030 projects risk becoming stranded assets
22 Jul 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, climate activists, solar power, wind power
By Paul Homewood London: 17 July 2025 For immediate release Net Zero Watch: Clean Power 2030 projects risk becoming stranded assets Reform’s Richard Tice has written to green energy bosses warning them that a Nigel Farage-led government would terminate green subsidy contracts associated with Labour’s Clean Power 2030 agenda. He argues that the […]
Clean Power 2030 projects risk becoming stranded assets
Stop the corporate welfare
22 Jul 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, income redistribution, industrial organisation, politics - New Zealand, Public Choice, rentseeking
The Herald reports: More than half of the $257 million loan book held by the Government entity formerly known as the Provincial Growth Fund is considered to be at risk of impairment or default. The surge in at-risk loan advances made by Crown Regional Holdings (CRH) – a vehicle used by the Government to warehouse […]
Stop the corporate welfare
The inherited power supply crisis
21 Jul 2025 Leave a comment
in energy economics, politics - New Zealand
The Herald reports: An influential collection of business and consumer organisations are calling on Prime Minister Christopher Luxon to fix the “broken” energy sector. In a letter published in today’s Sunday newspapers titled “Our energy market is broken”, Luxon was told the country was running out of gas, new electricity generation is taking an age, […]
The inherited power supply crisis
PETER WILLIAMS (on behalf of the Taxpayers’ Union): The Nats are considering keeping Te Mana o te Wai
21 Jul 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice, resource economics Tags: constitutional law
Peter Williams writes – The Taxpayers’ Union has been alerting supporters about the “Te Mana o te Wai” (literally meaning the mana of the water) requirements, which are still applicable to local councils’ environmental planning/consenting. It is becoming clear that the Coalition Government is continuing down Labour’s path of undemocratic and costly co-governance due to pressure […]
PETER WILLIAMS (on behalf of the Taxpayers’ Union): The Nats are considering keeping Te Mana o te Wai
Making sense of the case for compensation in regulatory bill
21 Jul 2025 Leave a comment
in applied price theory, economics of bureaucracy, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics Tags: takings
Eric Crampton writes – The Regulatory Standards Bill before Parliament provides no enforceable legal right to compensation for the cost of regulation. It only suggests that compensation can be warranted when regulation takes or impairs property. A sovereign Parliament remains free to ignore that advice, as is made abundantly clear in sections 24 through 26 […]
Making sense of the case for compensation in regulatory bill
America’s Armchair Revolutionaries: How the Left is Rediscovering Marxism as the Ultimate Virtue Signal
21 Jul 2025 Leave a comment
in Marxist economics, politics - New Zealand Tags: useful idiots
Below is my column in The Hill on the rise of American armchair revolutionaries, particularly among young, affluent college graduates. It is part of the “radical chic” fostered from higher education to Hollywood for citizens who have no memory of the failures of socialism and communism in the 20th Century. Here is the column:
America’s Armchair Revolutionaries: How the Left is Rediscovering Marxism as the Ultimate Virtue Signal
2nd Battle Of The Marne – Turning Point On The Western Front I THE GREAT…
21 Jul 2025 Leave a comment
in defence economics, war and peace Tags: World War I
Labor supply is elastic!
19 Jul 2025 Leave a comment
in applied price theory, labour economics, labour supply Tags: Denmark, taxation and labour supply
Even in Denmark: We investigate long-run earnings responses to taxes in the presence of dynamic returns to effort. First, we develop a theoretical model of earnings determination with dynamic returns to effort. In this model, earnings responses are delayed and mediated by job switches. Second, using administrative data from Denmark, we verify our model’s predictions […]
Labor supply is elastic!
Immigrant Assimilation Is Obviously High
19 Jul 2025 Leave a comment
in labour economics, labour supply, politics - USA, population economics Tags: economics of immigration
I recently argued that self-reports understate the personality gender gap. As long as some men rate their personalities relative to the average male, and some women rate their personalities relative to the average female, the gap the data reveal is less than the true gap. 798 more words
Immigrant Assimilation Is Obviously High
Utopia, you are standing in it! 
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