This week’s Real Time with Bill Maher comedy-and-news bit takes up Rand Paul’s jihad against Anthony Fauci, which includes Paul’s publishing Fauci’s personal diary, which showed Fauci basking in his celebrity. Maher concludes that Fauci is, at the same time, “an esteemed, dedicated public servant” and a “vain, flawed bureaucrat”. As Maher notes, Fauci got…
Bill Maher’s new rule re Fauci
Bill Maher’s new rule re Fauci
10 Aug 2026 Leave a comment
Why Has It Been So Hot This Summer?
10 Aug 2026 Leave a comment
in economics of climate change, environmental economics, environmentalism, global warming Tags: climate activists, climate alarmism

By Paul Homewood We’ve been bombarded with claims all summer of record heatwaves. But away from the Met Office’s dodgy weather stations next to airport runways and in walled gardens, the Central England Temperature Series tells a different story.
Why Has It Been So Hot This Summer?
Immigration and Macroeconomic Outcomes in OECD Countries
10 Aug 2026 Leave a comment
in applied price theory, econometerics, economic history, human capital, labour economics, labour supply Tags: economics of immigration
OECD countries experienced declining native population growth and rising net immigration over 1990-2024. We compile a new dataset of net immigration rates to OECD countries from all origins and show that most of the increase came from non-OECD countries and was predominantly high-skilled. Push factors, network effects, and policy indices explain little of the large…
Immigration and Macroeconomic Outcomes in OECD Countries
How Socialist Were the Nazis Really?
10 Aug 2026 1 Comment
in economic history, liberalism, libertarianism, Marxist economics Tags: Nazi Germany
A conversation with Kristian Niemietz
How Socialist Were the Nazis Really?
Geloso on how to think like a good economist
10 Aug 2026 Leave a comment
in applied price theory, Austrian economics
I really like Vincent Geloso’s slide deck on market processes, market failures, and government failures.Over the past couple of months, Claude read through about four million words I’ve written to develop an “Eric skill”. I can now give it documents that I don’t have time to read, and it’ll tell me what to watch for. When…
Geloso on how to think like a good economist
Pressure
10 Aug 2026 Leave a comment
in defence economics, movies, war and peace Tags: D-Day, World War II
Who would have thought that someone could make a gripping movie about predicting the weather? Nevertheless, Pressure delivers. To be sure, it’s predicting the weather for D-Day. Excellent cast. Hews very close to the truth. The two camps really did divide on theory versus past prediction and the weather was as portrayed. After the war,…
Pressure
Nagasaki-長崎
09 Aug 2026 Leave a comment
in defence economics, laws of war, war and peace Tags: atomic bombings, Japan, World War II

On 9 August 1945, a B-29 named Bock’s Car lifted off from Tinian and headed toward the primary target: Kokura Arsenal, a massive collection of war industries adjacent to the city of Kokura. The primary target was the city of Kokura, where the Kokura Arsenal was located, and the secondary target was Nagasaki, where two […]
Nagasaki-長崎
The Crime of Winning: How Europe’s DMA Punishes Google for Competing
09 Aug 2026 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation Tags: competition law

Brussels has found a new way to punish success. Today, the European Commission fined Google €890 million under the Digital Markets Act (DMA) for two familiar business practices—featuring its own products and charging for customers its platform helps attract. The Commission imposed €460 million for “self-preferencing,” or giving Google’s services prominent placement in search results,…
The Crime of Winning: How Europe’s DMA Punishes Google for Competing
Once again: why anti-Zionism is antisemitism
08 Aug 2026 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, politics - USA, war and peace Tags: Gaza Strip, Israel, Middle-East politics, political correctness, racial discrimination, regressive left, war against terror
Of. course I’ll get raked for putting up this post, but I’m frankly sick of people denigrating others as “Zionists”, which in most cases is simply a euphemism for “people who are pro-Israel” or even “Jews”, so that “anti-Zionist” becomes a euphemism for “anti-Israel” or “antisemitic”. My contention, echoed by Natasha Hausdorff and Douglas Murray…
Once again: why anti-Zionism is antisemitism
The power of incentives with illegal migration
08 Aug 2026 Leave a comment
in Economics of international refugee law, international economic law, international economics, International law, labour economics, labour supply, law and economics, politics - USA Tags: economics of immigration
At the end of June the Spanish Supreme Court ruled that migrants arriving by sea could not be summarily deported. A few weeks later 60,000 people from Morocco crossed in the Spanish enclave of Ceuta, almost doubling their population in a few days. People smugglers exploit situations. This is why you need harsh preventive measures.…
The power of incentives with illegal migration
A Pac-Man Defense Against Predatory Pricing?
08 Aug 2026 Leave a comment
in applied price theory, economic history, history of economic thought, industrial organisation Tags: competition law
After the story of how Southwest Airlines broke an attempt at predatory pricing with booze, I learned of the Dow vs. Die Deutsche Bromkonvention episode. See here for an interesting narrative of events. To summarize, at the turn of the twentieth century, the German chemical industry was dominant and the various producers there had a comfortable cartel selling bromine…
A Pac-Man Defense Against Predatory Pricing?
Further progress in South America
08 Aug 2026 Leave a comment
in development economics, economic history, growth disasters, growth miracles, health economics Tags: The Great Escape
The share of people who are hungry has been decreasing faster in South America than anywhere else in the world. It is down by one-third since 2020, according to a report published on July 21st by the UN’s Food and Agriculture Organisation (FAO). Just 3.5% of people in the region consume insufficient calories, the lowest…
Further progress in South America
The Lynching of Thomas Shipp and Abram Smith: A Dark Mirror of American History
07 Aug 2026 Leave a comment
in discrimination, economic history, economics of crime, law and economics, politics - USA Tags: racial discrimination

On the night of August 7, 1930, the small city of Marion, Indiana became the site of one of the most infamous and haunting episodes of racial violence in American history—the lynching of Thomas Shipp and Abram Smith. What makes this event particularly searing in the American consciousness isn’t just the brutality of the act. […]
The Lynching of Thomas Shipp and Abram Smith: A Dark Mirror of American History
Recent Comments