David Seymour said: Not only is our mission fundamentally hard, but sometimes we’ve made it harder than necessary. I hesitate to bring it up, but we’ve burned ourselves on one or two of our own brushfires along the way. Our perk buster took a perk. Our tough on crime guy got convicted. Our leadership had […]
Deputy Prime Minister David Seymour
Deputy Prime Minister David Seymour
02 Jun 2025 Leave a comment
How did the Australian pollsters go?
02 Jun 2025 Leave a comment
Now we have a final result for the Australian election, we can look at how the Australian pollsters did. This shows the primary and then TPP vote for each pollsters’s final pre-election poll. The final TPP result of 55.2% to 44.8% was greater than all the polls. Four had it 53 to 47, so were […]
How did the Australian pollsters go?
*Crisis Cycle*
02 Jun 2025 Leave a comment
in budget deficits, business cycles, currency unions, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, international economic law, international economics, macroeconomics, monetarism, monetary economics, Public Choice Tags: European Union
That is the new book by John H. Cochrane, Luis Garicano, and Klaus Masuch, and the subtitle is Challenges, Evolution, and Future of the Euro. Excerpt: Our main theme is not actions taken in crises, but that member states and EU institutions did not clean up between crises. They did not reestablish a sustainable framework […]
*Crisis Cycle*
No smoking
02 Jun 2025 Leave a comment
in economics of information, economics of regulation, health economics, industrial organisation Tags: economics of smoking
Counting the Cost
01 Jun 2025 Leave a comment
in applied price theory, discrimination, gender, human capital, income redistribution, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, Public Choice, rentseeking Tags: constitutional law, gender wage gap, sex discrimination
For all the gravitas which Dame Marilyn’s involvement has conferred upon PSCPE, it is important not to lose sight of the fact that it represents a deliberate attempt to morally overpower what is now the law of the land. Chris Trotter writes – The People’s Select Committee on Pay Equity (PSCPE) is looking for evidence. […]
Counting the Cost
Bill Maher’s latest rule
01 Jun 2025 Leave a comment
in economics of crime, law and economics, politics - USA, television, TV shows
Here’s the latest comedy/news stint from Bill Maher’s “Real Time” show, a “New Rule” segment called “Freak-end update”, referring of course to Diddy’s “Freak offs,” his drug-fueled sex orgies often involving prostitutes. Diddy is very likely to be convicted (you’ve seen the tape, right?), and it will be a huge come-down from his status as […]
Bill Maher’s latest rule
The grandson of the 10th US President has just died
01 Jun 2025 Leave a comment
in economics of media and culture, population economics
John Tyler was born in 1790 – 235 years ago. He became the 10th President of the United States, yet his grandson has just died. He had 15 children between 1815 (when he was 25) and 1860 (when he was 70). He was President from 1841 to 1845. One of the 150 was Lyon Tyler […]
The grandson of the 10th US President has just died
50 Miles To Paris – Third Battle Of The Aisne I THE GREAT WAR Week 201
01 Jun 2025 Leave a comment
in defence economics, war and peace Tags: World War I
Why the U.S. Produces More Unicorns Than China and the EU
01 Jun 2025 1 Comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of regulation, entrepreneurship, human capital, industrial organisation, labour economics, occupational choice, poverty and inequality, survivor principle Tags: creative destruction
The United States has produced about twice as many unicorns (private startups valued at $1B+) as China and more than four times as many as the European Union. These numbers reflect deep institutional and cultural advantages in the U.S. startup ecosystem. Table: Number of Unicorns Created Since ~1990 Region Cumulative Unicorns United States ~1,950 China…
Why the U.S. Produces More Unicorns Than China and the EU
San Diego State University Professor Celebrates Israeli Being Eaten by Shark
01 Jun 2025 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: free speech, Gaza Strip, Israel, Middle-East politics, political correctness, regressive left
A San Diego State University professor is under fire this week after celebrating the death of a former Israeli soldier who was eaten by a shark. Chicano studies Professor Roberto Hernández joyfully reported the death and mocked the victim as others joined him in the macabre celebration.
San Diego State University Professor Celebrates Israeli Being Eaten by Shark
MPC members speaking
31 May 2025 Leave a comment
in budget deficits, business cycles, economic growth, economics of bureaucracy, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: monetary policy
In both The Post and the Herald this morning there are reports of interviews with executive members of the Reserve Bank’s Monetary Policy Committee: the Bank’s chief economist Paul Conway in The Post and his boss, and the deputy chief executive responsible for monetary policy and macroeconomics, Karen Silk in the Herald. In a high-performing […]
MPC members speaking
Against Sociology
31 May 2025 1 Comment
in applied price theory, history of economic thought
An individualistic argument can be made that sociology is a “useless” subject, though such a claim is controversial and widely disputed. Here is how such an argument might be constructed from an individualistic or methodological individualist perspective: Individualistic Argument Against the Usefulness of Sociology Thesis:Sociology is a largely useless discipline because it focuses on abstract […]
Against Sociology
Dane Luo: There is ‘Advice’ and then there is ‘advice’: The Constitutional Conventions on the Appointment of the Prime Minister
31 May 2025 1 Comment
in constitutional political economy, Public Choice Tags: British constitutional law
On 23 May 2025, the Court of Appeal held that the Conservative Party was not exercising a ‘public function’ for the purposes of s 6 of the Human Rights Act 1998 when it elected Liz Truss as party leader, who would go on to be appointed as the Prime Minister: R (Tortoise Media Ltd) v […]
Dane Luo: There is ‘Advice’ and then there is ‘advice’: The Constitutional Conventions on the Appointment of the Prime Minister
Ten Provocative Graphs
31 May 2025 Leave a comment
in economics of natural disasters, energy economics, environmental economics
Guaranteed to get you thinking
Ten Provocative Graphs
Utopia, you are standing in it! 
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