Topic: Economic Education

Economic Education, Government, Regulation

2022: The Year the “Lodger Evil” Came to Kansas and Made Housing Less Affordable

– November 26, 2022

“If we’re serious about more affordable housing, we will cut the red tape by doing away with building restrictions and parking requirements. Until then, chatter about ‘affordable housing’ is just a lot of words.” ~ Art Carden

Economic Education, Free Markets, History

The Pilgrims’ Real Thanksgiving Lesson

– November 24, 2022

“The economic incentives provided by private competitive markets where people are left free to make their own choices make bountiful feasts possible.” ~ Benjamin Powell

Economic Education, Free Markets, Government

Poverty’s End?

– November 22, 2022

“Poverty in the United States is not extreme poverty, not by a long shot. And extreme poverty in the rest of the world is vanishing, bit by bit, day by day. And for that, we have economic freedom to thank.” ~ Antony Davies & James R. Harrigan

Art and Culture, Economic Education, Free Markets

Economics Is a Walk in the Park

– November 20, 2022

“It’s a bit of a stretch to suggest that there isn’t a ‘human nature’ that responds to incentives, makes choices in the face of scarcity, and so on. If even the ducks and pigeons respond to incentives, people may do so too.” ~ Art Carden

Books, Economic Education, Philosophy

Capitalism’s Cure for Economic Sins

– November 18, 2022

“Anyone who takes economic ideas and their moral implications seriously would do well to clear space on their bookshelf for Seven Deadly Economic Sins.” ~ Richard Morrison

Economic Education, Government, Taxation

Taxes, Special Privileges, and “Private Enterprise”

– November 17, 2022

“Income, corporation, and capital-gains taxes are taxes on the general welfare. Also harmful to the public welfare are protective tariffs and similar restrictions on how people may peacefully spend their own money.” ~ Donald J. Boudreaux

Economic Education, Free Markets, Regulation

Let Them Compete: Labor Markets Are Workers’ Friends, Not Their Enemies

– November 17, 2022

“Workers compete with one another for jobs, but firms compete with one another for workers. When people are allowed to compete, one’s folly becomes another’s opportunity.” ~ Art Carden

Economic Education, Free Markets, Government

You Buy From Other Consumers, Not From Producers

– November 15, 2022

“Attempts to ‘manage’ or ‘plan’ prices do nothing to address the real problem of scarcity, and often make scarcity worse. Price controls are a restriction on the ability of other consumers to have their needs met, and that’s just wrong.” ~ Michael Munger

Cryptocurrency, Economic Education, Financial Markets

What Is an FTX?

– November 10, 2022

“The existence of the FTT token combined with the opacity of the relationship between Alameda and FTX is crucial to the story.” ~ Joshua R. Hendrickson

Books, Classical Liberalism, Economic Education

A Foreword to Adam Smith’s The Theory of Moral Sentiments

– November 9, 2022

“Admirers of The Theory of Moral Sentiments range across academic and scholarly fields and disciplines, across countries and continents, and, most remarkably, across landscapes of political ideology.” ~ Daniel B. Klein

Economic Education, Free Markets, Government

When Equality Becomes Evil

– November 7, 2022

“This economic equality thing is parent to endless harm. When it’s just an idea, it’s nonsense. When it finds its way into public policy, it’s poison. Don’t drink it.” ~ Lawrence W. Reed

Economic Education, Government, International, Regulation

Politicians and Their Reasons

– November 5, 2022

“In reality, policy choices are always multifaceted and tend strongly to align with political incentives: capturing, consolidating, and expanding the reach of political influence.” ~ Peter C. Earle & April Liu