See One Country’s Dream of EV-Driven Prosperity Helps Fuel a Coal Binge Instead: Indonesia pitches its plan to leverage natural resources as a model for other developing nations by Jon Emont of The WSJ. Excerpts:”A few years ago, Indonesia set out to turn its treasure trove of nickel into an electric-car manufacturing boom.It imposed a sweeping…
Life is full of tradeoffs: if we want more nickel to make EV batteries we might have to use more coal
Life is full of tradeoffs: if we want more nickel to make EV batteries we might have to use more coal
28 Feb 2024 Leave a comment
in development economics, energy economics, environmental economics, global warming Tags: unintended consequences
On price control
25 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, energy economics, environmental economics, global warming, income redistribution, industrial organisation, Public Choice, rentseeking Tags: price controls, The fatal conceit, unintended consequences, utility regulation
CHRIS TROTTER: Are you a leftist?
10 Feb 2024 Leave a comment
in constitutional political economy, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: free speech, political correctness, regressive left, The fatal conceit, unintended consequences
Chris Trotter writes – THERE WAS A TIME when a leftist’s definition of “leftism” corresponded pretty closely to everybody else’s definition. The term identified a coherent worldview – to the point where knowing where someone stood on one issue enabled them to predict with surprising accuracy where they stood on a host of others. If […]
CHRIS TROTTER: Are you a leftist?
Upzoning with Strings Attached
21 Oct 2023 Leave a comment
in economics of regulation, income redistribution, Public Choice, rentseeking, urban economics Tags: offsetting behavior, unintended consequences, zoning
The subtitle of this paper is: “Evidence from Seattle’s Affordable Housing Mandate.” Here is the abstract: This paper analyzes the effects of a major municipal residential land use reform on new home construction and developer behavior. We examine Seattle’s Mandatory Housing Affordability (MHA) program, which relaxed zoning regulations while also encouraging affordable housing construction in […]
Upzoning with Strings Attached
Offsetting behavior
21 Apr 2023 Leave a comment
in economic history, economics of crime, economics of regulation, law and economics Tags: economics of prohibition, offsetting behavior, The fatal conceit, unintended consequences
Thomas Sowell – The Real World Effects of Preferential Policies
12 Aug 2022 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economic history, economics of education, human capital, income redistribution, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, Public Choice, rentseeking, Thomas Sowell Tags: affirmative action, offsetting behaviour, racial discrimination, unintended consequences
Create a Black Market the Easy Way!
20 May 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of natural disasters, economics of regulation Tags: offsetting behaviour, price controls, The fatal conceit, unintended consequences
David Friedman: Law, Economics and Liberty
18 May 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of bureaucracy, economics of crime, history of economic thought, income redistribution, law and economics, liberalism, libertarianism, property rights, Public Choice, rentseeking Tags: economics of pandemics, offsetting behaviour, The fatal conceit, unintended consequences
If skilled labour is being kept out of the workplace for unreasonable reasons then that’s an opportunity for someone else to gain that labour on the cheap. Which is exactly what Dame Steve Shirley did
05 Apr 2022 Leave a comment
in applied price theory, discrimination, economic history, entrepreneurship, gender, human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: entrepreneurial alertness, offsetting behaviour, sex discrimination, unintended consequences
Always worth remembering
03 Apr 2022 Leave a comment
in F.A. Hayek Tags: offsetting behaviour, The fatal conceit, unintended consequences
Even medicinal stoners are cheapies unwilling to buy legally
02 Mar 2022 Leave a comment
in health economics Tags: black markets, marijuana decrimilization, offsetting behavior, unintended consequences
Offsetting behaviour #COVID19
03 Feb 2022 Leave a comment
in health economics Tags: economics of pandemics, offsetting behaviour, unintended consequences
The Real Reason NYC Is Always Covered In Scaffolding
19 Jan 2022 Leave a comment
in economics of crime, law and economics, property rights, urban economics Tags: offsetting behaviour, unintended consequences
Why economists are unpopular
01 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of crime, entrepreneurship, environmental economics, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, liberalism, macroeconomics, managerial economics, minimum wage, organisational economics, personnel economics, poverty and inequality, property rights, Public Choice, public economics, rentseeking, survivor principle, theory of the firm, unemployment, unions, welfare reform Tags: offsetting behaviour, The fatal conceit, unintended consequences
Utopia, you are standing in it! 
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