Economics

This Book Explains Every Political Argument 3
- Culture, Economics, Featured, Politics
- September 5, 2024
One of the curious things about political opinions is how often the same people line up on opposite sides of different issues. The issues themselves may have no intrinsic connection with each other. They may range from military spending to drug laws to monetary policy to education. Yet the same familiar faces can be found
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You Need to Read Hayek 1
- Economics, Featured, Science
- September 4, 2024
He was one of those people who fit Justice Oliver Wendell Holmes’ definition of a great thinker with great impact on the world. The hallmark of such a thinker is not personal notoriety but the fact that ‘a hundred years after he is dead and forgotten, men who never heard of him will be moving
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12-Year-Old Boy’s Ice Cream Stand Gets Shut Down, But His Entrepreneurial Spirit Persists 0
- Economics, MomThink
- August 22, 2024
Danny Doherty wanted to spend his summer vacation productively. For the past few summers, the now-twelve-year-old boy from the Boston suburb of Norwood, Massachusetts, had been asking to have a summer job to earn his own money. Youth employment regulations can make it difficult for young people to gain work experience even if they want to, so
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Why Corporate America’s Retreat From Social Activism Is Good for Everyone 1
- Economics, Culture
- August 15, 2024
In January, Axios reported a developing trend in corporate America: corporations across the United States were backing away from DEI, which had become a “minefield” for companies. Following a multi-year boom in the Diversity, Equity, and Inclusion space following the 2020 death of George Floyd, corporations were pulling back on DEI initiatives. The risks were too great
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Adam Smith Thought This Was His Most Important Book 2
- Economics, Featured, Philosophy
- August 8, 2024
Adam Smith is best known for writing The Wealth of Nations, but in a way, his work in economics took a back seat to his moral philosophy. In fact, Smith thought that his first book, The Theory of Moral Sentiments, was more important than his economic theory. It’s in this book, for example, that Smith
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Identity Politics: Bad for Business, But Good for Management 1
- Economics, Culture
- August 6, 2024
In a market economy, businesses are supposed to pursue profits. Yet in recent years, many big corporations—including Disney, Target, and Bud Light—have become embroiled in costly scandals involving identity politics. As this year’s Pride Month is over, it’s worth asking why so many big businesses take such strong stances on culture war issues, even when
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