26 Jul 2025
by Jim Rose
in applied price theory, economics of regulation, history of economic thought, income redistribution, international economics, International law, labour economics, labour supply, Marxist economics, politics - USA, Public Choice, rentseeking
Tags: 2024 presidential election, regressive left, tarrifs
Many of Trump’s signature policies overlap with those of the American progressive left—e.g. tariffs, economic nationalism, immigration restrictions, deep distrust of elite institutions, and an eagerness to use the power of the state. Trump governs less like Reagan, more like Perón. As Ryan Bourne notes, this ideological convergence has led many on the progressive left […]
Horseshoe Theory: Trump and the Progressive Left
25 Jul 2025
by Jim Rose
in constitutional political economy, politics - Australia, Public Choice
Tags: Tasmania
Tasmania’s electoral system, particularly its implementation of the Hare-Clark proportional representation method, has frequently faced criticism for its tendency to produce unstable governments. This instability largely arises from the system’s inherent design, which promotes a fragmented parliament and necessitates coalition-building and negotiations that may ultimately compromise governmental efficacy and stability. The Hare-Clark system, in theory, […]
Tasmania’s unstable electoral system
24 Jul 2025
by Jim Rose
in applied price theory, economics of regulation, entrepreneurship, financial economics, industrial organisation
Tags: competition law, competition law enforcement, mergers
Conventional antitrust enforcement tries to prevent harmful mergers by blocking them but empirical evidence shows that rival stock prices often rise when a merger is blocked—suggesting that many blocked mergers would have increased competition. In other words, we may be stopping the wrong mergers. In a clever proposal, Ayres, Hemphill, and Wickelgren (2024) argue that […]
Shorting Your Rivals: A Radical Antitrust Remedy
Previous Older Entries Next Newer Entries
Recent Comments