Creative destruction
31 Aug 2024 Leave a comment
in economic history, entrepreneurship, industrial organisation Tags: The Great Enrichment
Why the @NZGreens are beside the point
31 Aug 2024 Leave a comment
in applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, entrepreneurship, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, macroeconomics, Marxist economics, politics - New Zealand, poverty and inequality, property rights, Public Choice, rentseeking, technological progress Tags: child poverty, family poverty, The Great Enrichment
Friedman vs Stiglitz, Chile vs Venezuela
16 Aug 2024 Leave a comment
in development economics, economic growth, economic history, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, law and economics, liberalism, macroeconomics, Marxist economics, Milton Friedman, politics - USA, poverty and inequality, property rights, Public Choice, public economics, rentseeking Tags: Chile, free speech, political correctness, regressive left, The Great Enrichment, Venezuela
I’ve repeatedly praised Chile’s pro-market reforms (see here, here, and here) and I’ve repeatedly condemned Venezuela’s shift to socialism (see here, here, and here). But if you don’t have time to read all those columns, this chart from the Maddison database tells you everything you need to know. Simply stated, Chile’s reforms have delivered huge […]
Friedman vs Stiglitz, Chile vs Venezuela
The (Non) Mystery of Economic Growth
13 Aug 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, law and economics, macroeconomics, property rights, Public Choice, rentseeking Tags: The Great Enrichment
The recipe for economic growth is not complicated. You can put it in very simple terms, as Adam Smith did a few hundred years ago. Or you can develop and utilize data-heavy indexes like the ones published by the Fraser Institute and Heritage Foundation. In either case, the result will be the same. If you […]
The (Non) Mystery of Economic Growth
On degrowth
04 Jul 2024 Leave a comment
in applied price theory, development economics, economic growth, macroeconomics Tags: The Great Enrichment
There is still reason to hope despite the fact that more than three-quarters of Americans say the United States is headed in the wrong direction
21 May 2024 Leave a comment
in development economics, economic growth, economic history, growth disasters, growth miracles, health economics, liberalism, macroeconomics Tags: The Great Enrichment
See The Case for Hope by Nicholas Kristof of The NY Times. Excerpts:”whenever I hear that America has never been such a mess or so divided, I think not just of the Civil War but of my own childhood: the assassinations of the 1960s; the riots; the murders of civil rights workers; the curses directed at…
There is still reason to hope despite the fact that more than three-quarters of Americans say the United States is headed in the wrong direction
30 Years of Environmental Progress: Is It Time at Last to Be Optimistic? An Earth Day Panel at AEI
24 Apr 2024 Leave a comment
in environmental economics, environmentalism, liberalism Tags: The Great Enrichment
Environmentalism Perverted by Climatism
08 Mar 2024 1 Comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of climate change, economics of crime, energy economics, environmental economics, environmentalism, global warming, growth miracles, law and economics, liberalism, macroeconomics, Marxist economics, property rights Tags: climate alarmism, free speech, regressive left, The Great Enrichment
J. Scott Turner explains how the roots of environmental stewardship were poisoned, resulting in the perverted modern decarbonization movement. His Spectator Australia article is Environmentalism: from concern about clean air to throwing soup at the Mona Lisa. Excerpts in italics with my bolds and added images. H/T John Ray Garrett Hardin was a professor of biology […]
Environmentalism Perverted by Climatism
In 1900, when most U.S. women baked their own bread and did the laundry by hand, maintaining a home was a full-time job.
24 Feb 2024 Leave a comment
in economic history, economics of love and marriage, gender, labour economics, law and economics Tags: The Great Enrichment
Global GDP
14 Feb 2024 Leave a comment
in development economics, economic growth, economic history, growth miracles, macroeconomics Tags: The Great Enrichment
Cool chart which is split up by regions so it’s easy to find nations like little old New Zealand ($US 252 billion) and Israel ($539 billion). I was a little surprised at the latter as I thought they’d be much bigger with all the high tech companies they have, as well as having a population […]
Global GDP
The Great Fact
10 Feb 2024 Leave a comment
in development economics, economic growth, economic history, gender, growth miracles, macroeconomics, poverty and inequality Tags: The Great Enrichment, The Great Fact
The Great Fact
04 Feb 2024 Leave a comment
in economic growth, economic history, liberalism, macroeconomics Tags: space, The Great Enrichment
Prosperity Essentials: Why Coal, Oil & Gas Keep Delivering Heaven on Earth
31 Jan 2024 Leave a comment
in development economics, economic history, economics of climate change, energy economics, environmental economics, global warming, growth miracles Tags: life expectancies, The Great Enrichment
Coal, then oil and gas, have driven the mechanization and industrialisation responsible for lifting billions out of agrarian poverty, and all in the space of little more than a century. As a band of miserable misanthropes would have it, oil, coal and gas are an unadulterated evil to be driven back to the earthly depths […]
Prosperity Essentials: Why Coal, Oil & Gas Keep Delivering Heaven on Earth
Not much of a warranty period
06 Jan 2024 Leave a comment
in economic history, entrepreneurship Tags: The Great Enrichment
📸 Look at this post on Facebook
https://www.facebook.com/share/9aLTyR31SiHD9XBt/?mibextid=RXn8sy
The authorities officially referred to the Berlin Wall as the Anti-Fascist Protection Rampart
06 Jan 2024 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, history of economic thought, liberalism, Marxist economics Tags: fall of the Berlin wall, The Great Enrichment
Utopia, you are standing in it! 
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