Category Archives: Economics and public policy

PANIC IS OUR FRIEND!

It’s an intimidating picture. But the weaker the freeze, the more people die in overburdened hospitals — and the longer it ultimately takes for the economy to restart. Donald G. McNeil Jr in the NYT Yes folks, I normally don’t … Continue reading

Posted in Death and taxes, Economics and public policy, Health | 12 Comments

Targetting and the stimulus: who should pay the rent?

I ran into Ken Henry at a function – I think it was the terrific PM’s Science Prizes in late 2008 but someone may be able to look things up and falsify this claim. In any event, I squatted at … Continue reading

Posted in Death and taxes, Economics and public policy | 12 Comments

The Corona Dilemma.

Consider the shown picture where you are the decision maker who can pull the lever of the train tracks to avoid the coming train from going straight. If you do not divert the train, one person, John, will get run … Continue reading

Posted in Death and taxes, Democracy, Economics and public policy, Employment, Health, History, Libertarian Musings, Life, Philosophy, Politics - international, Public and Private Goods, Science, Society | 42 Comments

Keeping a cool head – thinking about the covid-19 crisis: a guest post from Toby Phillips

This post is a direct response and rebuttal to the recent ‘Has the coronavirus panic cost us at least 10 million lives already?’ by Paul Fritjers. Paul’s post takes the current covid-19 crisis, and uses some haphazard multiplication to create … Continue reading

Posted in Best From Elsewhere, Death and taxes, Democracy, Economics and public policy, Employment, Ethics, Politics - international, Politics - national | 5 Comments

Hierarchy and generative orders: some introductory thoughts

This is now the whole article. Comments have been closed on the previous post. Part One To command nature, we must obey it Francis Bacon, 1624 Hierarchies and Generative orders A great theme running through economic and political theory is … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, History, Science, Sortition and citizens’ juries | 8 Comments

Whose game is it anyway? A teachable moment from the year of living distantly

I congratulate you on the great success of your performance … Oscar Wilde’s improptu speech to the audience at the opening of Lady Windemere’s Fan 1 The current emptying of audiences offers a teachable moment about the construction of markets and the … Continue reading

Posted in Cultural Critique, Economics and public policy | Leave a comment

Conservative, liberal, social democrat 2.0

Hats off to Joseph Walker who’s podcasting up a storm at The Jolly Swagman (Yes, the title gave me the wrong idea too.) Anyway, I often find long-form podcasts rather tedious (except where I’m being interviewed in which case I find them endlessly … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, Philosophy, Political theory, Public and Private Goods | 13 Comments