Constitutional changes have been approved in El Salvador that will increase the length of the presidential term from five to six years and remove (any pretense) of presidential term limits (AP news). Incumbent President Nayib Bukele is already serving a second term, despite the existing constitution supposedly prohibiting immediate presidential reelection. He was elected initially […]
El Salvador lengthens future presidential terms, abolishes term limits
El Salvador lengthens future presidential terms, abolishes term limits
02 Aug 2025 1 Comment
in constitutional political economy, development economics, law and economics Tags: El Salvador
The Laffer Curve Triumphs Again: Class Warfare in the United Kingdom Backfires
02 Aug 2025 Leave a comment
in applied price theory, fiscal policy, labour economics, macroeconomics, public economics Tags: taxation and investment
The Laffer Curve provides incredibly important insights about tax policy. Most important, it informs us that you don’t measure the revenue impact of tax policy changes merely by looking at what is happening to tax rates. You also have to consider whether changes in tax rates will alter incentives to earn and report income. Or, […]
The Laffer Curve Triumphs Again: Class Warfare in the United Kingdom Backfires
Full Posting of: A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate
01 Aug 2025 Leave a comment
in applied welfare economics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA
Among the key findings, the report concludes that carbon dioxide (CO2) -induced warming appears to be less damaging economically than commonly believed, and that aggressive mitigation strategies could be more harmful than beneficial. Additionally, the report finds that U.S. policy actions are expected to have undetectably small direct impacts on the global climate and any effects will emerge only with long delays.
Full Posting of: A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate
The NYT screws up when touting “famine” in Gaza, but buries its correction
01 Aug 2025 1 Comment
in defence economics, politics - USA, war and peace Tags: Gaza Strip, Israel, media bias, Middle-East politics, regressive left, war against terror
The NYT has filled its main e-page with article about starvation in Gaza and other anti-Israel news. Here, for example is the upper-left of today’s front e-page: And that’s pretty much what it looked like for the past couple of weeks. My issue is that I used to trust the Times, but they’ve shown […]
The NYT screws up when touting “famine” in Gaza, but buries its correction
10 Positional Rules to Think Like a Grandmaster [Beginner to Advanced]
31 Jul 2025 Leave a comment
in chess
Mamdani’s unworkable proposal for NYC-owned grocery stores
31 Jul 2025 1 Comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of regulation, income redistribution, law and economics, Marxist economics, politics - USA, property rights, Public Choice, rentseeking, transport economics, urban economics Tags: economics of socialism, regressive left, rent control, useful idiots
Democrat Zohran Mamdani is likely to be the next mayor of NYC, as he proffered a number of campaign promises that delighted progressives young and old. (This is besides his pro-Palestinian stand on the Gaza war, which is irrelevant to his actions as NYC mayor but still delighted the benighted.) Here are a few of […]
Mamdani’s unworkable proposal for NYC-owned grocery stores
New Climate Assessment Report from US DOE
31 Jul 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA
by Judith Curry Climate science is baaaack
New Climate Assessment Report from US DOE
Labour always backs the crims
30 Jul 2025 Leave a comment
in economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
Stuff reports: With a new trial for court bailiffs to seize cars if their owners haven’t paid fines, the Labour Party says innocent families could be left “stranded”. The Government is trialling new technology for bailiffs to scan number plates as they search for people who have unpaid fines. They will then clamp or seize […]
Labour always backs the crims
North Carolina School District Settles Case After Suspending Teen for Using Term “Illegal Alien”
30 Jul 2025 Leave a comment
in economics of bureaucracy, economics of education, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: free speech, political correctness, regressive left
Christian McGhee, 17, has secured a significant victory for free speech in North Carolina after the Davidson County Board of Education settled a case over his suspension for using the term “illegal alien.” What is disturbing is that, once again, the school officials themselves appear to have escaped any accountability for their abusive treatment of […]
North Carolina School District Settles Case After Suspending Teen for Using Term “Illegal Alien”
The judicial revolution
30 Jul 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - New Zealand, property rights, Public Choice Tags: constitutional law
An excellent article by Roger Partridge on an analysis by Emeritus Professor Peter Watts KC on the Supreme Court’s actions in Ellis vs R. I recommend you read the whole thing, but a key extract is: Before Ellis, tikanga’s role in New Zealand law was clearly defined and limited. As Watts shows, courts recognised tikanga within […]
The judicial revolution
French President Macron: a blockhead whose ignorance will harm Israel
30 Jul 2025 1 Comment
in defence economics, economics of crime, International law, law and economics, laws of war, population economics, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, war against terror, West Bank
A fair number of countries have decided to recognize Palestine as a sovereign state (the U.N. can’t as it requires Security-Council approval, and the U.S. is on that council). This has had little effect as simple declarations like this have no force in international law (see reference to Natasha Hausdorff below). Now, however, another state […]
French President Macron: a blockhead whose ignorance will harm Israel
BBC portrays terrorist as ‘Pro-Palestinian convict’ and ‘teacher’
29 Jul 2025 1 Comment
in defence economics, economics of crime, law and economics, war and peace Tags: France, Gaza Strip, Israel, Middle-East politics, regressive left, useful idiots, war against terror, West Bank
On July 25th the BBC promoted a report by its Paris correspondent Hugh Schofield: Readers of Schofield’s article – headlined “Pro-Palestinian convict freed by France after 41 years” and tagged “Israel and the Palestinians” and “Palestinian territories” despite the story having no direct connection to either of those topics – are told that: [emphasis added] […]
BBC portrays terrorist as ‘Pro-Palestinian convict’ and ‘teacher’
CA min wage goes up ==> CA employment declines
29 Jul 2025 Leave a comment
in applied price theory, income redistribution, labour economics, labour supply, minimum wage, politics - USA, Public Choice, rentseeking, unemployment Tags: California
The classic book, Economics in One Lesson reduces all of economics to a similar lesson:The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.The lesson of Chapter…
CA min wage goes up ==> CA employment declines
The Frightening Cost of Net Zero
29 Jul 2025 1 Comment
in applied welfare economics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, Public Choice Tags: British politics, climate alarmism
By Paul Homewood I was reminded last week in a conversation with a GB News Editor about just how little understanding there is in the MSM of just how much Net Zero could end up costing the country. To some extent this ignorance has been deliberately engineered. The original Climate Change Act in 2008 […]
The Frightening Cost of Net Zero
Utopia, you are standing in it! 
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