The most dangerous part of space travel
06 Feb 2022 Leave a comment
in economics of media and culture Tags: space
California Democrats Reject Single-Payer Health Scheme
05 Feb 2022 Leave a comment
I wrote last month about a tax-and-spend proposal for single-payer healthcare in California (sort of a state version of “Medicare for All“).
I also analyzed the scheme in this discussion with Gene Tunny of Australia.
What’s remarkable, as Gene mentioned in his preface, is that the left’s push for single payer failed – even though Democrats have complete control of the Golden State, including more than three-fourths of the seats in both chambers of the state legislature.
So why didn’t those politicians hasten the state’s slow-motion economic suicide?
Almost certainly, the biggest reason is that even folks on the left have second thoughts about the enormous tax increase that would have been required.
As I noted back in 2016, big government is only fun when somebody else is picking up the tab.
Which motivates me to unveil a Twelfth Theorem of Government.
Let’s take a closer…
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I Haven’t Changed. The Left Has
05 Feb 2022 Leave a comment
in discrimination, economics of education, gender, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: political correctness, regressive left
SPQR: A History of Ancient Rome by Mary Beard (2015) 4. Republican timeline
05 Feb 2022 Leave a comment
This is a timeline of the Roman Republic, cobbled together from various sources with some details added from Mary Beard’s history of Rome, SPQR.
As you can see, it consists almost entirely of wars because Rome was one of the most aggressive and relentlessly militaristic states in the ancient world, which is the basic reason for its eventual world domination. And when, by about 80 BC, they’d run out of people to conquer, they started fighting each other.
Military campaigning was a defining feature of Roman life and Roman writers organised the history of this period…around its succession of wars, giving them the shorthand titles that have often stuck till the present day.
…the Roman tradition [viewed] war as the structuring principle of history…
The Romans directed enormous resources to warfare and, even as victors, paid a huge price in human life…somewhere between 10 and 25 per cent of the…
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Robert Trivers on parental investment
05 Feb 2022 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, occupational choice Tags: evolutionary biology, evolutionary psychology
Drowning in The Great Enrichment
05 Feb 2022 Leave a comment
in development economics, economic growth, economic history, growth disasters, growth miracles, history of economic thought, income redistribution, liberalism, libertarianism, macroeconomics, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: pessimism bias, The Great Enrichment
But @Facebook is decried as a monopoly!?
05 Feb 2022 Leave a comment
in applied price theory, entrepreneurship, financial economics, industrial organisation, law and economics, politics - USA Tags: competition and monopoly, competition law, creative destruction
Larry White | UCLA Price Theory and Macroeconomics | Economic Forces Podcast Episode 1
05 Feb 2022 Leave a comment
in applied price theory, history of economic thought, macroeconomics, monetary economics
Milton Friedman Interview with Dallas Fed President Richard W. Fisher
05 Feb 2022 Leave a comment
in business cycles, development economics, economic growth, economic history, growth disasters, growth miracles, history of economic thought, law and economics, liberalism, macroeconomics, Marxist economics, property rights
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