Economics

5 Economics Books Everyone Should Read

5 Economics Books Everyone Should Read

If you want to give economics a shot, you could do much worse than these five classic works.

Bernie Sanders Doesn't Understand How Jobs Are Created

Bernie Sanders Doesn't Understand How Jobs Are Created

There is a great deal of wisdom in the old saying, “there is no such thing as a free lunch."

How Intellectuals Train the Underclass to Feel Helpless

How Intellectuals Train the Underclass to Feel Helpless

What is essential is for the poor to experience a mindset shift towards taking more responsibility for their lives.

5 Myths about the Great Depression and New Deal

5 Myths about the Great Depression and New Deal

This year marks the 85th anniversary of the New Deal, the controversial set of programs, public works, and economic reforms that President Franklin Delano Roosevelt undertook to combat America’s Great Depression.

Rent Control Advocates Need a Lesson in Economics

Rent Control Advocates Need a Lesson in Economics

A 2017 paper published by three Stanford economists shows how damaging rent controls are. 

What Happens When an MBA Student Raised in Communist China Reads Hayek

What Happens When an MBA Student Raised in Communist China Reads Hayek

My Chinese students grasped—perhaps more than many Americans—the gift that America’s founders bequeathed to humanity.

Near-Bankrupt Illinois Aims to Deflate ‘Golden Parachute’ Payouts for Public Officials

Near-Bankrupt Illinois Aims to Deflate ‘Golden Parachute’ Payouts for Public Officials

Neither scandal nor misconduct have sufficed to keep some government officials from receiving lavish severance payouts.

Google, Twitter & Facebook: The Grave Danger of Information Monopolies

Google, Twitter & Facebook: The Grave Danger of Information Monopolies

"If you control the flow of information, you can control everything. You can control most of what anyone see and knows."

In America, Women and Men Earn Equal Pay for Equal Work

In America, Women and Men Earn Equal Pay for Equal Work

The facts show that much rhetoric surrounding Equal Pay Day slanders employers who have done no wrong, stokes gender and racial hostility, and hinders people from being successful.

Why the Dollar’s Era of Dominance May Be Coming to an Abrupt End

Why the Dollar’s Era of Dominance May Be Coming to an Abrupt End

With China now trading Petroyuan Futures, countries now have a way to separate from the “empire of debt.”

Republicans Love Government Spending. Listen to What They Say at Hearings.

Republicans Love Government Spending. Listen to What They Say at Hearings.

The real problem is that most Republicans support higher spending on nearly all programs. The problem is not that Democrats push them into accepting higher spending.

Does Reflecting on Death Help Prepare Us for it?

Does Reflecting on Death Help Prepare Us for it?

Memento mori – invitations to reflect on our own mortality – have been common throughout history.

Mike Rowe Hits Hard for Fatherhood

Mike Rowe Hits Hard for Fatherhood

It’s the parents who have changed. It’s the parents who have put their own happiness above the best interests of their kids.

Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency

Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency

The announcement was made via Twitter, where Socialist leader Nicolás Maduro said the current bolivar will be demonetized in favor of the new currency.

G.K. Chesterton: Women Shouldn't Pursue Careers?

G.K. Chesterton: Women Shouldn't Pursue Careers?

"I do not deny that women have been wronged and even tortured; but I doubt if they were ever tortured so much as they are tortured now by the absurd modern attempt to make them domestic empresses and competitive clerks at the same time."

New Federal Program Takes Aim at the College Textbook Racket

New Federal Program Takes Aim at the College Textbook Racket

A new $5 million federal program will bring free digital textbooks to students.

What Ryan Cooper Gets Wrong About Classical Liberalism

What Ryan Cooper Gets Wrong About Classical Liberalism

Liberalism simply observed that things go better with freedom – not perfectly, not always, not toward creating utopia, but generally much better than any kind of imposition from above ever can.

Why Estonia—Yes, Estonia—Is Suddenly One of the Wealthiest Countries in Eastern Europe (and the Most Innovative)

Why Estonia—Yes, Estonia—Is Suddenly One of the Wealthiest Countries in Eastern Europe (and the Most Innovative)

Estonia is the living example that human progress is closely linked to economic freedom.

Socialists and Capitalists Alike See No Need to Protect the Traditional Family, Chesterton Argued

Socialists and Capitalists Alike See No Need to Protect the Traditional Family, Chesterton Argued

In 'What’s Wrong with the World,' G.K. Chesterton argued that capitalists and socialists alike show little interest in defending our most basic social unit.

The Gender Pay Gap is Real ... but it Has Little to Do With Gender Discrimination

The Gender Pay Gap is Real ... but it Has Little to Do With Gender Discrimination

A 2015 study found that women were paid $0.73 dollars per dollar earned by men, a 27% gap. But evidence does not support the claim that this wage gap is the  result of systemic gender discrimination

John Locke’s 3 Tips for Raising Financially Independent Children

John Locke’s 3 Tips for Raising Financially Independent Children

The habits families model or teach to their children – whether in spending or saving – will likely get passed on to each generation whether they are wise or not.

Forcing Students to Apply to College Is a Bad Idea

Forcing Students to Apply to College Is a Bad Idea

Should college be the norm for students after they graduate from high school?

3 Questions Congress Should Answer Before Bailing Out Obamacare

3 Questions Congress Should Answer Before Bailing Out Obamacare

Congressional Republicans now are reportedly looking to spend billions of additional tax dollars bailing out insurers offering Obamacare coverage, rather than dealing with the real problems that are driving up costs.

I Grew Up in a Communist System. Here’s What Americans Don’t Understand About Freedom

I Grew Up in a Communist System. Here’s What Americans Don’t Understand About Freedom

Only in a free-market system can we truly achieve individual liberty and human flourishing.

How Marcus Aurelius Influenced Adam Smith (No, Really)

How Marcus Aurelius Influenced Adam Smith (No, Really)

Adam Smith's appreciation for the Stoic emperor's writings is evident in his own work.

Bill Gates Fails Logic While Talking Cryptocurrencies in Reddit AMA

Bill Gates Fails Logic While Talking Cryptocurrencies in Reddit AMA

Even Bill Gates commits logical fallacies on occasion. 

Millennial Males with Degrees are Getting Crushed in the Workplace (See Chart)
Is Sweden Socialist? No, but ...

Is Sweden Socialist? No, but ...

Sweden is far from the socialist nirvana it has been depicted to be. A look at the good, the bad, and the ugly of its economic system.

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