Category Archives: Economics

The founding falsities of postcolonialism

In his discussion with anthropologist Philip Carl Salzman, evolutionary psychologist and YouTuber Gad Saad offers (at 8.48) the following: By the way, in terms of generative grammar, whenever when I see the word ‘post’ before anything then that raises a flag that it’s bullshit. So post = bullshit; postmodernism, postcolonialism, post-structuralism. So, maybe Chomsky can one day weigh in on why the introduction of post implies that we are […]

Prenuptial and post-nuptial agreements in the High Court

So, y’all would have noticed that I don’t post much on this blog any more, but I still occasionally blog over at Opinions on High, the Melbourne Law School blog covering the decisions of the High Court of Australia, where I am one of the editors (along with Professor Jeremy Gans). I’ve just written a […]

It’s all happening

I’m not usually given to quoting Bill Lawry around these parts, but the last week has been somewhat…busy. For good reason, though. First, the Cato Institute published the entirety of my ‘Author’s Note’ from Kingdom of the Wicked, where – in an attempt to avoid having my writing horribly misinterpreted – I set out how I’d […]

Black Lives Matter and the destruction of social capital

Recently read the following comment: A second example i’ll give is Black Lives Matter. One is labeled racist/white supremacist/white nationalist/nazi if you say “no, All Lives Matter.” But the problem isn’t a devaluation or disrespect to the grievance (at least in all instances as it is implied) — it’s the selection of the name. … In […]

The persistence of (belief in) socialism

I find the persistence of belief in socialism surprising (an example here), particularly given that Venezuela and North Korea both, in their different ways, display, yet again, the disastrous results in poverty, human misery and tyranny of “actually existing socialism”: that is, state domination of the economy. The lesson of Venezuela is, if anything, even stronger, as it is an […]

The uselessness of “bubble” talk

This is based on a comment I made here. If turning points in asset prices could be reliably predicted, they wouldn’t happen (since no none would buy at the “about to be seriously undercut” price). The “bubble” folk don’t seem to understand that calling it a “bubble”: (1) entails not knowing when the turning point will […]

The “race” delusion in American politics and society.

Ron Unz has produced two pieces of statistical analysis on ethnicity and crime in the US providing evidence that there is no distinctive tendency among Hispanics to have a higher crime rate, once other factors are controlled for, while there is clearly a much higher crime rate among African-Americans. This being an American piece, anything to do with […]

No, Ibn Khaldun is not the father of economics

I am a great admirer of work of the C14th Muslim intellectual Abū Zayd ‘Abd ar-Raḥmān ibn Muḥammad ibn Khaldūn al-Ḥaḍramī (1332-1406), known as Ibn Khaldun. I gave a paper on his thought to the University of Melbourne Medieval Roundtable in April 2016, I will be giving another examining the course of the Ottoman Empire in the light of […]

A Roman Industrial Revolution?

Kingdom of the Wicked is set in a Roman Empire that’s had an industrial revolution, something long considered plausible by economic historians. There are all sorts of theories as to why it didn’t actually happen, although the presence of chattel slavery looms large. The Roman society I’ve depicted has abolished slavery; I’ll be frank and […]

The depths of Palestinian dysfunction

We are about three years away from the centenary of the (third) Palestine Arab Conference in December 1920 which demanded an end to Jewish migration into Palestine and just under three years from the centenary of the April 1920 Nebi Musa riots, the first fatal clash between Jews and Arabs in Palestine on the matter […]