Celebrating humanity's flourishing through the spread of capitalism and the rule of law
02 Mar 2026 1 Comment
in fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, poverty and inequality, Public Choice, public economics Tags: Denmark, taxation and entrepreneurship
Class-warfare tax policy is always a bad idea. Economists generally don’t like class-warfare policies because it is foolish to impose high marginal tax rates on productive behaviors such as investment and entrepreneurship. Politicians should not like class-warfare policies because of the negative impact on jobs and wages for ordinary people as well as the potential negative […]
Will Denmark and/or the Netherlands Copy Norway’s Failed Wealth Tax?
02 Mar 2026 Leave a comment
in applied price theory, econometerics, economic history, history of economic thought, international economics Tags: free trade, tariffs
We study the macroeconomic effects of tariff policy using U.S. historical data from 1840–2024. We construct a narrative series of plausibly exogenous tariff changes – based on major legislative actions, multilateral negotiations, and temporary surcharges – and use it as an instrument to identify a structural tariff shock. Tariff increases are contractionary: imports fall sharply,…
The Macroeconomic Effects of Tariffs
02 Mar 2026 Leave a comment
in economics of climate change, economics of education, economics of regulation, energy economics, environmental economics, environmentalism, global warming, movies
The brilliant Colin Brazier returns for our second short film on the cult of Net Zero and how it protects ‘green’ policies from being questioned by stifling debate and cracking down on free speech.
The Cult | A Net Zero Watch Short Film
02 Mar 2026 Leave a comment
in economics of education Tags: cognitive psychology, political psychology, regressive left
This week’s Jesus and Mo strip, called “bells,” came with a comment: “Does she think they were born yesterday?” Wikipedia tells us that another word for “conceptual conservatism” is “belief perseverance,” and characterizes it this way: Belief perseverance (also known as conceptual conservatism) is maintenance of a belief despite new information that firmly contradicts it.[2] Since rationality involves conceptual…
Jesus ‘n’ Mo ‘n’ conceptual conservatism
02 Mar 2026 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, economics of bureaucracy, industrial organisation, law and economics, liberalism, Murray Rothbard, privatisation, Public Choice
Update: I’m doing a Substack Live today on You Have No Right to Your Culture with the Boyd Institute’s Peter Banks. 4 PM ET.SummaryThis is the shortest chapter of the book, just six pages long. Rothbard makes a laundry list of what he calls “the major problem areas of our society” and argues that government…
Bet On It Book Club: For a New Liberty, Chapter 4
01 Mar 2026 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, labour economics, labour supply, survivor principle Tags: creative destruction
When thinking about what makes an economy flourish, many of us tend to focus on the success stories of innovation and growth. After all, success stories involve an element of risk, which means a chance of failure. When it’s more expensive to fail, then avoiding the risk of failure–by avoiding innovative but risky business choices–starts…
Laying Off Workers: Cheap vs. Expensive
01 Mar 2026 Leave a comment
in economics of regulation, entrepreneurship, environmental economics, industrial organisation
The Post reports: The Government has lifted a looming cap on rocket launches over New Zealand waters, in a move pitched as clearing the way for the country’s fast-growing space and advanced aviation industries. Space Minister Judith Collins and Environment Minister Penny Simmonds on Thursday confirmed the permitted number of launches that can drop rocket debris…
The amazing NZ aerospace industry
01 Mar 2026 Leave a comment
in defence economics, International law, politics - USA, war and peace Tags: constitutional law
Below is my column on Fox.com on the legal authority for Operation Epic Fury. There are good-faith arguments that such…
Epic Fury: Trump Can Rely on Past Democratic Presidents for the Authority to Attack Iran
01 Mar 2026 Leave a comment
in economics of crime, Economics of international refugee law, law and economics, politics - New Zealand
The Herald reports: New Zealand citizen and Algerian political activist Ahmed Zaoui has been released from prison after more than two years behind bars. Zaoui was arrested at gunpoint in the city of Medea in 2023 for holding a political meeting at his home and commenting on the “political and human rights situation” in the country. He…
So much for being a refugee
01 Mar 2026 Leave a comment
in economics of education, history of economic thought Tags: creative destruction
See Socialists, Knowledge of History and Agency. These are letters to the editor of The WSJ in response to an article about socialism by Joseph Epstein. The one below reminded me of a 1992 article by Robert Samuelson in Newsweek. “Joseph Epstein’s “Socialists Don’t Know History” (op-ed, May 30, 2019) on the abysmal historical knowledge…
Joseph Schumpeter, Capitalism and Intellectuals
01 Mar 2026 Leave a comment
in constitutional political economy, economic history, law and economics, politics - New Zealand, property rights Tags: constitutional law, political correctness, racial discrimination, regressive left
I write this as a descendant of Henry Williams, who arrived here in 1823 as an ex Royal Navy officer and Head of the Church Missionary Society of New Zealand. He translated the Treaty of Waitangi into te reo Maori in 1840. The document he prepared with his eldest son Edward, on the evening of […]
The Treaty – Drowning in a sea of misinformation in 2026
28 Feb 2026 Leave a comment
in discrimination, economics of crime, economics of education, labour economics, law and economics, politics - New Zealand, welfare reform Tags: Maori economic development, racial discrimination
The 2026 Salvation Army State of the Nation Report revealed their official conversion to wokeism by repeatedly finding excuses for Maori over-representation in poor social stats because of victimisation through colonisation. This caused a number of readers to ponder future contributions to the organisation. But it isn’t just this development that should concern donors. The…
LINDSAY MITCHELL: HOW THE SALLIES HAVE EVOLVED TO BECOME PART OF THE PROBLEM
28 Feb 2026 Leave a comment
in economics of regulation, entrepreneurship, health economics, industrial organisation Tags: creative destruction
Finding out that GLP-1 drugs can help reduce weight has been life changing for many and could stem the social costs of being overweight. Recently, prices have fallen dramatically. I asked ChatGPT to for some summary data for Wegovy & Zepbound which I plot below. Competition matters. Initially, Wegovy was the effective monopolist selling at a list price…
It Has Become Cheaper to Lose Weight
28 Feb 2026 Leave a comment
in liberalism, Marxist economics, politics Tags: British politics, regressive left
The UK is having one of its regular by-elections, this time in Gorton and Denton, a constituency in Manchester. The constituency was new at the 2024 election, and at the time was won by Labour’s Andrew Gwynne with 50.8% of the vote, with Reform a distant second on 14.1%. Gwynne had been an MP for…
The abomination of Britain’s Gorton and Denton by-election
27 Feb 2026 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, Public Choice, urban economics Tags: Germany
“Habeck’s heating hammer” set to bite the dust. Maybe net zero zealotry is not the complete answer to modern energy supply after all, despite what its supporters keep claiming. – – – A revision of an existing law will now allow homeowners to use oil and gas as heating fuel instead, says Euronews. Germany’s government […]
‘Disaster’! Climate groups slam Germany for scrapping renewable heating law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
A blog (primarily) on Canadian and Commonwealth political history and institutions
Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
Articles and research from the History of Parliament Trust
Reflections on books and art
Posts on the History of Law, Crime, and Justice
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Exploring the Monarchs of Europe
Cutting edge science you can dice with
Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
Utopia, you are standing in it! 
Recent Comments