Does Geography Explain Economic Outcome And Language? Possibly

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That the geography of a place is going to have some influence upon the social structure - thus the economy and possibly language -...

What’s Wrong With The Austrians?

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The Austrian School of Economics is little regarded by our leaders and bankers. You know, the people who have repeatedly blown up our economies. But why...

The Falling Labour Share Of Income

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I am much less convinced this is actually a problem. In fact, I tend to think that the claimed problem doesn't actually exist. We've...

When is 3% More Than 97%?

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When Rex Nutting says so, apparently. "My own view is that most billionaires do create some value, but they generally take more than their share...

Marx Really Was Wrong – So Perhaps We Should Game Google To Make Sure

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From David Tufte, a long time intellectual friend of us around here: Do Economists Need to Start Misspelling Marx? Marx is the # 3 text required...

Technology Discovery Is Both Spreading And Diffusing – This Makes Us All Richer

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In the longer term, as we know, productivity is pretty much everything. The things that drives productivity is the employment of technology. So, if...

To Explain Botswana’s Fall In Fertility

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The Guardian wants to tell us that something special has happened in Botswana. The fertility rate has fallen from 7 children per woman in...

Pluperfect Economic Idiocy

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It's amazing that people publish this sort of stuff. Not the writers for of course there are innumerable people who can type and also...

The Real Effect Of The Coronavirus On The Economy Is Positive

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From our Swindon Correspondent: From the Washington Examiner Precautions are being taken in a variety of ways, including the cancellation of heavily attended events. This includes the...

This Will Be Interesting – Uber Drivers Strike In Mumbai, India

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One of the things we tend to believe about the gig economy is that it's going to reduce union power. Indeed, reduce any organised...