Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Jun 2025 Leave a comment
in law and economics, politics - USA Tags: constitutional law
Below is my column in the New York Post on the controversial dissenting opinion of Justice Ketanji Brown Jackson in the injunction ruling in Trump v. CASA on Friday. The opinion seemed to fan the flames of “democracy is dying” claims of protesters, suggesting that basic limits on injunctive relief could result in the collapse […]
The Chilling Jurisprudence of Justice Ketanji Brown Jackson
28 Jun 2025 Leave a comment
in defence economics, war and peace Tags: Iran, Israel, Middle-East politics, war against terror
The Daily Wire reports: Israeli secret service operatives used a fake phone call to trigger what appeared to be an “emergency meeting” among Iran’s top military leaders — and then targeted the location of the meeting. Amit Segal told the Call Me Back podcast on Monday: “What Israel did was create a fake phone call for 20 […]
Impressive intelligence operation
28 Jun 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power
Residential solar follows a similar pattern: it seems affordable for homeowners, but raises system costs through rate structures that over-incentivize adoption. Generous subsidies, like retail-rate net metering, drive excessive solar growth, risking grid stability and shifting costs to non-solar customers that are often less affluent.
Why “cheaper” solar raises costs. Part II: The hidden costs of residential solar
28 Jun 2025 1 Comment
in applied price theory, Austrian economics, comparative institutional analysis, development economics, economic history, history of economic thought, income redistribution, industrial organisation, international economics, liberalism, politics - USA, Public Choice
TweetAt CapX, I explain what motivated Phil Gramm and me to write our book, The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism. A slice: Likewise with America’s own industrial revolution, the ‘Gilded Age’. American schoolchildren are taught that the final third of the 19th century witnessed John D. Rockefeller and…
Bad Economic History Fuels Bad Present-Day Economic Policies
28 Jun 2025 1 Comment
in health economics Tags: anti-vaccination movement, The Great Escape, vaccines
27 Jun 2025 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, free speech, political correctness, regressive left
The warning was stark. At issue was a privileged class that has long dictated policy despite countervailing public opinion. At issue, the luminary warned, is nothing short of democracy itself. No, it was not the continued rallies of Sen. Bernie Sanders (I., VT) to “fight oligarchy.” It was Justice Clarence Thomas rallying his colleagues to […]
The Icarian Gene: The Rise and Fall of the Expert Class
27 Jun 2025 1 Comment
in economics of regulation, entrepreneurship, transport economics
In Lift the Ban on Supersonics I wrote: Civilian supersonic aircraft have been banned in the United States for over 50 years! In case that wasn’t clear, we didn’t ban noisy aircraft we banned supersonic aircraft. Thus, even quiet supersonic aircraft are banned today. This was a serious mistake. Aside from the fact that the noise was exaggerated, technological development […]
Supersonics Takeoff!
27 Jun 2025 1 Comment
in discrimination, gender, health economics, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left, sex discrimination
Before I leave for the airport, I wanted to call people’s attention to this new, long op-ed piece by Andrew Sullivan in the NYT. Click to read, or find it archived for free here: Sullivan’s thesis is that extreme trans-activism has not only been inimical for society in several ways, but has also eroded respect […]
An important article by Andrew Sullivan
27 Jun 2025 Leave a comment
in economics of media and culture Tags: moon landings, space
27 Jun 2025 1 Comment
in applied price theory, econometerics, history of economic thought, labour economics, unions Tags: union power
Unionized plants have worse incentive alignment: 26% less likely to offer performance-based bonuses. 11% less likely to promote based on performance 13% less likely to dismiss workers for poor performance. Consequently, unionized plants have: Higher rates of business closures, lower investment slower employment growth BOTTOM LINE: right-to-work states (no unions) have higher employment and better outcomes. CITE:Maksimovic, Vojislav and…
Weaker incentives in unionized plants make them more likely to close
26 Jun 2025 Leave a comment
in economics of education Tags: conjecture and refutation, cranks, philosophy of science
26 Jun 2025 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy
25 Jun 2025 Leave a comment
in applied price theory, economic history, history of economic thought, human capital, labour economics, labour supply, politics - USA, poverty and inequality Tags: economics of immigration, employment law, monopsony
A quarter century ago, economist Price Fishback published “Operations of ‘Unfettered’ Labor Markets: Exit and Voice in American Labor Markets at the Turn of the Century” 1,762 more words
Unfettered: Fishback 25 Years Later
25 Jun 2025 Leave a comment
in development economics, economics of bureaucracy, growth disasters, history of economic thought, liberalism, Marxist economics, Public Choice Tags: capitalism and freedom, capitalism and socialism, economics of central planning
I shared a very clever tweet back in 2018 that highlighted the huge gap between “almost capitalism” and “almost socialism.” That column was entitled the “World’s Best Tweet about Socialism and Capitalism.” And capitalism won the comparison (needless to say). Let’s do the same thing today, but we’ll replace socialism with communism. And our “Best […]
World’s Best Tweet about Communism and Capitalism
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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