Over a hundred years ago, Max Weber observed that countries in northern Europe tended to have a higher standard of living and generally more well-functioning societies than countries in other parts of Europe. He believed that the reason for the formers’ success lay in their Protestant work ethic. read more »
Politics
Biden Continues To Flip-Flop On Crude Oil Policies
A year before being inaugurated President in 2021, Biden professed that “we are going to get rid of fossil fuels. Before the recent inauguration, America achieved for the first time since Harry Truman was president about 70 years ago, to finally become crude oil independent and no longer held hostage to unstable Petro-powers and the vagaries of foreign crude oil supplies. read more »
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The New Eurasian Century
The current crises in eastern Europe reflect more than just Kremlin mischief-making—they reflect the first fruits of an emerging world order that spans the vastness from Beijing to Berlin. Unlike the longstanding liberal status quo, with its roots in classical civilization and the Enlightenment, this emerging alternative draws upon a mélange of German geopolitics, the legacy of Chinese emperors, the Mongols, and Orthodox Russian autocracy. read more »
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$85 Billion for Empty Buses and Railcars
The future of public transit is nearly empty buses and railcars. Yet President Biden’s American Jobs Plan calls for spending $85 billion on transit. Although transit carries less than 1 percent of passenger travel in the United States, and no freight, this represents 28 percent of the funds Biden proposes to spend on transportation. read more »
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A New Dawn for the Working Class?
The labouring masses are restless, as evidenced by the Canadian trucker strike, union drives in Amazon warehouses in the US and in demonstrations throughout the developing world. More revealing still may be the turmoil in the labour markets, where workers are changing jobs, creating their own and, overall, refusing to return to the structures of the pre-pandemic order. read more »
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What Can Jersey City Teach Us About YIMBYism?
I’m back. I haven’t written much lately but I am always reading and gathering topics for future posts. Here’s one.
Over the last 2-3 months, I’ve come across Twitter discussions among many self-professed YIMBY (Yes In My Back Yard) advocates. If you’re familiar with YIMBYs you know that they believe the lack of housing affordability in American cities largely stems from regulatory restraints that limits housing production. read more »
How Cato Sold Out California Property Owners
In September, 2021, California Governor Gavin Newsom signed a bill abolishing single-family zoning. This bill was a victory for the Yes in Other People’s Back Yards (YIOPBY) movement, as well as for urban planners who sought to densify California urban areas, which are already the densest in the nation. read more »
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The Housing Racket Goes On
Once again, I feel compelled to write about house prices. Why? Because it is the most important cause of social distress in New Zealand today, and that by a large margin. There would still be social problems if house prices were half their present level, but they would be vastly more manageable – child poverty would be much reduced, mental health would be better, there would be less homelessness, there would be fewer suicides, and educational progress would be better if kids didn’t have to move between one over-crowded home and another at too frequent intervals. read more »
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Report: Restoring the California Dream
This newly released report examines how the California dream can be restored for California's middle- and working-class families. An excerpt follows: read more »
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California's Economy is Weaker Than it Looks
Whisper it, but the $45 billion surplus Gavin Newsom has projected for California next year isn’t quite what it seems. In fact, the bulk of that surplus is largely due to the earnings of a few giants such as Google, Apple and Meta (formerly Facebook), as well as a handful of IPOs. read more »
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