The Reserve Bank announced: “Following the completion of the review commissioned by the Board in March, we are pleased to announce modernised capital rules that will support an efficient and resilient financial system,” said Rodger Finlay, Chair of the RBNZ Board. “We recalibrated our risk appetite to have regard to our new Financial Policy Remit,…
Reserve Bank sees sense
Reserve Bank sees sense
08 Jan 2026 Leave a comment
in business cycles, macroeconomics, monetary economics, politics - New Zealand
Berlin’s Terror-Blackout Enters 4th Day As Tens Of Thousands Suffer In Cold Without Heat!
08 Jan 2026 1 Comment
in economics of climate change, economics of crime, energy economics, environmental economics, environmentalism, global warming, law and economics Tags: climate activists, Germany
A humanitarian catastrophe unfolds in Berlin after leftwing fanatics sabotage power grid… It’s as if the green movement can’t destroy Germany’s energy supply quickly enough. Now fanatics are resorting to sabotage attacks on lifeline power grids. Epicenter of Berlin’s January 3rd terror attack blackout. For the second time in less than four months, lunatic fanatics…
Berlin’s Terror-Blackout Enters 4th Day As Tens Of Thousands Suffer In Cold Without Heat!
High Electricity Prices Are a Choice Blue States Make Every Day
08 Jan 2026 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: solar power, wind power
High electricity rates aren’t an unavoidable consequence of modern life or federal policy. They are the predictable outcome of state-level choices that ignore reliability, undervalue dispatchable generation, and impose rigid mandates regardless of cost. Americans deserve leaders who recognize that keeping the lights on at a modest price isn’t optional. The states keeping electricity affordable…
High Electricity Prices Are a Choice Blue States Make Every Day
Guardian gives Zohran Mamdani the Jeremy Corbyn-treatment
07 Jan 2026 Leave a comment
in defence economics, International law, laws of war, Marxist economics, politics - USA, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, useful idiots, war against terror
On New Year’s Day, Zohran Mamdani was sworn in as the new mayor of New York City. Within hours of assuming the duties of… The post Guardian gives Zohran Mamdani the Jeremy Corbyn-treatment appeared first on CAMERA UK.
Guardian gives Zohran Mamdani the Jeremy Corbyn-treatment
The Great Escape
07 Jan 2026 Leave a comment
in economic history, health economics Tags: maternal mortality
The Red Apple: Mamdani Pledges to Introduce “the Warmth of Collectivism”
07 Jan 2026 Leave a comment
in economic history, Marxist economics, politics - USA
Below is my column in The Hill on Mamdani’s full-throated pledge to introduce New Yorkers to “the warmth of collectivism.”…
The Red Apple: Mamdani Pledges to Introduce “the Warmth of Collectivism”
Why Care About Debt-to-GDP?
06 Jan 2026 Leave a comment
in econometerics, economic history, international economics, macroeconomics
Here is another piece for “contrarian Tuesday,” like it or not: We construct an international panel data set comprising three distinct yet plausible measures of government indebtedness: the debt-to-GDP, the interest-to-GDP, and the debt-to-equity ratios. Our analysis reveals that these measures yield differing conclusions about recent trends in government indebtedness. While the debt-to-GDP ratio has…
Why Care About Debt-to-GDP?
Building more will boost labor’s share
06 Jan 2026 1 Comment
in applied price theory, labour economics, labour supply
This paper argues that the decline in the labor share is not driven by the overall quantity of capital, but by its changing composition. Constructing annual macro data for 16 advanced countries over two centuries, we show that, since 1980, the relative decline in buildings capital and the associated increase in real prices of buildings…
Building more will boost labor’s share
Why Some US Indian Reservations Prosper While Others Struggle
06 Jan 2026 Leave a comment
in applied price theory, development economics, economics of bureaucracy, economics of regulation, entrepreneurship, growth disasters, growth miracles, industrial organisation, labour economics, law and economics, politics - USA, property rights, Public Choice
Our colleague Thomas Stratmann writes about the political economy of Indian reservations in his excellent Substack Rules and Results. Across 123 tribal nations in the lower 48 states, median household income for Native American residents ranges from roughly $20,000 to over $130,000—a sixfold difference. Some reservations have household incomes comparable to middle-class America. Others face persistent…
Why Some US Indian Reservations Prosper While Others Struggle
Operation Absolute Resolve: Why Trump Went Off Script and Why it Will Not Matter
05 Jan 2026 Leave a comment
in defence economics, economics of crime, International law, law and economics, politics - USA Tags: Venezuela
It can fairly be said that the most precarious jobs in the world are those of a golf ball collector…
Operation Absolute Resolve: Why Trump Went Off Script and Why it Will Not Matter
Bondi terror: The heroes we choose to remember
05 Jan 2026 1 Comment
in defence economics, economics of crime, law and economics, politics - New Zealand Tags: regressive left, war against terror
This may be an unpopular opinion.
Bondi terror: The heroes we choose to remember
Some Links
04 Jan 2026 1 Comment
in applied price theory, politics - USA
TweetSteven Greenhut decries the current condition of the Republican Party. A slice: We’ve become numb to narcissistic rage posts from our president, but the highly publicized Turning Point USA convention last week offers a preview into where the Republican Party is going after Donald Trump exits the stage. It’s not pretty. As we’ve seen recently…
Some Links
Anti-Israel protesters today in Auckland intentionally blocked the public’s view of a sign saying HAMAS RAPED ROMI GONEN
04 Jan 2026 Leave a comment
in defence economics, economics of crime, law and economics, laws of war, politics - New Zealand, war and peace Tags: Gaza Strip, regressive left, war against terror
Today I was counterprotesting the anti-Israel protest in Auckland CBD by holding a sign saying HAMAS RAPED ROMI GONEN and almost immediately anti-Israel protesters came to block the public’s view of my sign with a large kheffiyeh. Romi Gonen, by the way, is a civilian Israeli hostage who was kidnapped from the Nova music festival.…
Anti-Israel protesters today in Auckland intentionally blocked the public’s view of a sign saying HAMAS RAPED ROMI GONEN
The United States Captures Nicolás Maduro and his Wife
04 Jan 2026 Leave a comment
in economics of crime, law and economics, politics - USA Tags: Venezuela
In an extraordinary military operation, the United States launched a large-scale military operation in Caracas, Venezuela with special forces seizing…
The United States Captures Nicolás Maduro and his Wife
Think tank IREF: ‘Against All Rationality, the EU Persists in its Net-Zero Delusion’
04 Jan 2026 1 Comment
in economic history, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: European Union
Simple arithmetic already raises red flags. EU emissions fell by 37% over the 33 years from 1990 to today. Achieving an additional 68% reduction in just 17 years would require nearly tripling the pace of decarbonization.
Think tank IREF: ‘Against All Rationality, the EU Persists in its Net-Zero Delusion’
Utopia, you are standing in it! 
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