Topic: Economic Education

Airbnb in Trouble in Prague, Other Parts of Europe

– November 12, 2018

Despite the warnings made by many economists who urge officials to rethink putting additional restrictions on home-sharing services, residents from other European countries have also been pressuring officials to “do something” about all the prosperity the services have helped to provide.

Art and Culture, Economic Education

Incredibles 2 and the Power of Envy

– November 10, 2018

The Incredibles must discover the fortitude to push through and say no to those who want to bury talent in a thicket of mediocracy.

Economic Education

There Might Be a Case for Financial Intermediation

– November 7, 2018

We are probably being overly confident in claiming that the great merit of crypto is disintermediation of all things. That probably won’t happen.

Economic Education

The Financial Crisis: Lessons Not Learned

– November 7, 2018

The financial crisis of 2008-9 was caused by government intervention, mainly in mortgage finance and the housing sector.

Economic Education

The Best Rules Are Those You Can’t Write Down

– November 5, 2018

Conventions exist when people all agree on a rule of behavior, even if no one ever said the rule out loud or wrote it down.

Economic Education

Stop Looking for Saints and Witches

– November 5, 2018

Arguments should be judged, ultimately, by their contents rather than by the identities of their flesh and blood deliverers.

Economic Education

This Year’s Elections Are Not About Freedom

– October 31, 2018

This is a fight between two political parties and groups desiring to have control of the same governmental machinery for the purpose of planning and directing people’s economic and social affairs in one way rather than another.

Economic Education

No One Is Drugging Your Child’s Halloween Candy

– October 31, 2018

Contrary to popular belief, police have never documented real cases of people randomly distributing poisoned candy to children on Halloween.

Economic Education

Say What You Will about Markets, They Give You a Genuine Say

– October 30, 2018

The say that you have in the market is always real and effective.

Economic Education

Teen Vogue’s Naive Take on Capitalism

– October 30, 2018

If you were to take Teen Vogue’s word for it, you would think that capitalism is “exploitative and leads to a brutally divided society that tramples the working classes in favor of fattening the rich’s wallets.”

Economic Education, Free Markets

The Fallacies of the Investment Theory of Politics

– October 30, 2018

The argument that politics is controlled by some of the wealthy and run for their benefit is largely correct, but the conclusion should be that we should restrict their opportunity to do this by limiting politics and government, not that we should expand them.

Economic Education, Regulation

The Horrifying Cronyism of Sugar Production

– October 28, 2018

When people think about Halloween, they think about candy, children in costumes, and scary decorations. I think about all these things too, obviously, but I find myself thinking also about sugar subsidies.