Author Archives: HHG

Ridley: The World is Improving!

The world is rapidly improving, whether we look at living standards, health, literacy or the reduction of many social evils, such as violent crimes, warfare and contagious diseases. We have also seen a greening of the earth, with ever less … Continue reading

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Resource Rent Tax and Special Wealth Tax Unreasonable

A resource rent tax in the fisheries is not the best means to achieve the efficient utilisation of the fish stocks, because it will probably always be unacceptable to the fishing sector itself. A system of individual transferable quotas, ITQs, … Continue reading

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Income Distribution and Taxes: Friday 24 October 4-7

Friday 24 October at 4 pm a seminar will be held by RNH on “Income distribution and Taxes” in the Gamma meeting hall on first floor in Gardastraeti 37. Professor Corbett Grainger from the University of Wisconsin in Madison will … Continue reading

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Piketty’s Capital: Misleading Data on Income Distribution

The much-discussed theories of French economist Thomas Piketty are not based on sound principles, as can be seen on a close scrutiny. This was what Professor Hannes H. Gissurarson, RNH Academic Director, argued at the conference of European Students for … Continue reading

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Gissurarson on Piketty in Bergen: Saturday 18 October

Professor Hannes H. Gissurarson, RNH Academic Director, gives a lecture on the theories of French economist Thomas Piketty at an international conference of European Students for Liberty in Bergen 18 October 2014. He will compare the theories of Piketty and … Continue reading

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Three Icelandic Examples of Spontaneous Evolution

Grazing rights in the Icelandic mountain pastures, individual transferable quotas in the Icelandic fishing grounds and the indexed Icelandic krona are three examples of institutions or solutions developed spontaneously by the market rather than imposed by government. This was claimed … Continue reading

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