Use Economics to Lose 15 Pounds Before the Holidays

– November 4, 2019

With a few rules the decision of what and when to eat moves to the slower, smarter part of our brains.

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Starbucks Too Has Surge Pricing

– November 4, 2019

Even though you have money and you are ready, even eager, to pay, you have to wait your turn. That’s a form of surge pricing.

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How Salesmen Improve Our World

– October 27, 2019

The salesman is the empathetic agent of change that helps us overcome our psychological reticence to part with our property in order to gain something that will genuinely improve our subjective well-being.

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The Economics of Hitchhiking

– October 21, 2019

If you pay attention, you’ll notice a lot of things that “economists in their studies” may not be able to imagine. But they exist. Because people are really good at finding ways to cooperate.

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In Defense of Share Buybacks

– September 25, 2019

“The confused objections to share buybacks illustrate the failure to look past the immediate effect and to understand what financial markets do.” ~ Joakim Book

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What Seinfeld Can Teach about Industrial Policy

– September 23, 2019

That Seinfeld was seen by top NBC executives as less-than-promising, only for it to become a multi-billion dollar blockbuster, is a reminder that when it comes to the future of commerce, predictions aren’t worth the paper they’re printed on.

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“Price Gouging” in Desperate Situations

– September 23, 2019

It is precisely when people are at genuine risk of actually dying for want of the likes of food, water, and shelter that the case against prohibitions on “price gouging” is strongest.

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It’s a Bird! It’s a Plane! It’s … the Speculator!

– September 19, 2019

You have heard, no doubt, that we are going to run out of oil. Is there any hope? Can we escape the calamity? Whatever might we hapless citizens do? This sounds like a job for … the Speculator!

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If You Are Early, You Are Wrong

– September 6, 2019

Before a financial meltdown, there is no way to tell with certainty that such a financial meltdown is imminent, even though a lot of pundits and cranks try.

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America Needs You, Don Lavoie

– July 26, 2019

In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.

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A Theory of Action: Pragmatism and the Creativity of Action

– July 13, 2017

Behavioral Research Council Transactional Viewpoints, Vol. I, No. 4, 2002, Fall Quarterly Letters on the Transactional View, the Sciences and the Arts   

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The Survival of Capitalism

– March 18, 1935

Out of a welter of confusing business and political trends there now and then appear indications of improvement in basic conditions which are obscured by the more spectacular events of the day. For instance, the steady and substantial increase which ha …

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