Economics

Fake Government Statistics 1
- Economics, Featured, Politics
- September 30, 2024
The Bureau of Labor Statistics recently admitted that 818,000 fewer jobs were added from March 2023 to March 2024 than previously reported. That’s no small number, and it’s an indication of how significant the issues with government statistics are. Unfortunately, this isn’t the only time that government agencies have misrepresented vital economic statistics. Though jobs
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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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