Topic: Economic Education

whitehouse

Government Is Not What Makes a Country Great

– July 20, 2018

Since November 2016 several Duke University colleagues have come into my office, closed the door, and said, “Okay. You were right. Are you happy now?”

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The Scientific Breakthrough of the Twentieth Century

– July 17, 2018

Article published in The American Journal of Economics and Sociology, Vol. 17, No. 1, October, 1957.

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storytelling

Economists as Storytellers

– June 24, 2018

In their admirable quest to be scientific, most economists not-so-admirably mistake what looks like science for actual science.

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Cotswold Cottage at AIER

– June 10, 2018

In the Cotswold Hills north of Bath, England, large manor houses were made from the local oolitic limestone. Cotswold Cottage at AIER in Great Barrington, Massachusetts, built from 1929 to 1931, was intended to be a copy of that Cotswold style, which is why our revered stone house has sometimes been called “Old Cotswold.”

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stkitts

A Second Passport, to an Island Paradise, Does Sound Pretty Sweet

– May 22, 2018

It’s not at all surprising that with the highly politicized environment of the US, with ever more controls, more people are looking for new ways to live a peaceful life. It only takes one visit to a paradise like St. Kitts to get the mind turning toward dreams of a new start, a life of peace and quiet. I completely get it. I was only in St. Kitts for three days and now I understand completely.

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burgerfries

Why Unhealthy Food Is Cheap and Plentiful

– May 21, 2018

If we had a genuine free market in food – and the market is doing its best with the Amazon acquisition of Whole Foods – we would also likely see a greater alignment between what is affordable and what is actually good food for human consumption. It would be nice at least to be able to test this, starting with an end to the farm program.

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oldcotswold

Thank you, AIER

– May 20, 2018

Two golden summers at the American Institute for Economic Research gently reshaped my philosophical outlook and personal life forever—much for the better. My 1981 and 1982 summer fellowships helped instill a deep appreciation for the intensely personal nature of economic markets, and they steered me toward a long and happy marriage.  

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Using Dichotomy to Teach Monetary Theory

– May 17, 2018

Monetary theory is beautifully simple. The fundamental principle of economization underlies decisions to hold money or goods and what form of money to hold.

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Creative Destruction

Creative Destruction: The Proof Is in the Pudding

– May 3, 2018

More people than ever are enjoying both travel and accommodation thanks to Uber and Airbnb. It’s a mistake to think that the solution is to protect incumbent businesses from this creative disruption.

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SFL Leadership Forum-71

AIER Hosts Summit Between Atlas Society and Students for Liberty

– April 26, 2018

In April of 2018, AIER had the privilege of hosting a summit of sorts between Students for Liberty (SFL), the world’s largest pro-liberty student organization, and the Atlas Society, whose scholars work to further develop the objectivist philosophy and bring the work of its creator, Ayn Rand, to a global audience.

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joy

To Lift Your Spirits, Fill Your Head with Economics

– March 29, 2018

Economics is lovely because it unlocks the great mysteries of the material world: why we thrive, why we experience progress, how we can build prosperity and peace, the path toward making the best out of our limited time in this world, and leave something better for the next generation. Knowing and contemplating these things is indeed a source of immense joy.

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schoolwalkouts

The Real Walkout Issue: Compulsory Schooling

– March 17, 2018

The kids are being forced into institutions that have proven themselves unable to protect students against violence, and also face no real accountability when they fail to do so. Force is the watchword even without the direct threat of violence from guns and bombs. Why does nearly everyone think this is normal? Because compulsory schooling laws have been part of the living reality of every single living American.

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