Topic: Economic Education

Books, Economic Education, Entrepreneurship

Create Wealth Without Making Anything

– February 5, 2024

“Sellers at vintage markets and flea malls are creating value every bit as much as their friends and neighbors working in the coal mines or in the mills. They’re transforming lower-value assets to higher-value uses.” ~Art Carden

Economic Education, Philosophy, Policy

Arguments Against The Death Penalty and Gun Control Have A Few Things in Common

– January 24, 2024

“We can’t say, ‘There is no point, because the average criminal won’t obey the law.’ Just because the average criminal doesn’t obey the law, that does not mean the marginal criminal won’t.” ~Art Carden

Economic Education, Entrepreneurship, Regulation

Please Stop Helping Me! A Homeless Economist Faces Unintended Consequences

– January 11, 2024

“Any decent student in a micro-principles class can tell you that interventions have unintended consequences. Here are some of the ‘protections’ from which I am suffering.” ~Nikolai Wenzel

AIER In the News, Books, Economic Education

Remembering James Gwartney, 1940-2024

– January 10, 2024

Gwartney will be remembered as a master economic educator and founder of the Economic Freedom of the World (EFW) index, which is published by Canada’s Fraser Institute.

Books, Currency, Economic Education, Free Trade

The Economic Organization of a Military Training Scenario

– December 30, 2023

“Nobody ever planned MRE cheese spread as the preferred medium of exchange between military service members. Cheese spontaneously emerged, again and again, in a process of competition between goods.” ~Emile Phaneuf III

Economic Education, Environmentalism, Fiscal Policy, Regulation

A Short ESG Guide: Economic Problems

– December 29, 2023

“The current approach to mitigating climate change guarantees inefficiency and waste. No one knows which technologies and which companies will be most effective.” ~Paul Mueller

Authoritarianism, Economic Education, Podcast, Research

Podcast: How free is your state?

– December 26, 2023

AIER’s Jason Sorens joins Kate Wand on Liberty Curious to discuss his book ‘Freedom in the 50 States.” In this 7th edition, New Hampshire, Florida, and South Dakota are the freest states in the country. Where does your state rank?

Art and Culture, Capitalism, Economic Education, History

This Joke Isn’t Funny Anymore: Maybe You Don’t Need a Can Opener

– December 26, 2023

“Pull tabs and plastic bottles are among the innumerable wonders free people exercising free minds in free markets bring to us every day in exchange for progressively fewer fruits of our labors.” ~Art Carden

Economic Education

Christmas Calculations and Yuletide Yields

– December 25, 2023

“Consider the choice Christmas tree farmers face. They can chop the tree and sell it, or they could let the tree continue to grow. Farmers maximize their profits and chop the tree when the tree’s yield falls below the market rate.” ~Byron B. Carson, III

Art and Culture, Books, Classical Liberalism, Economic Education

“Strange, Isn’t It?” Adam Smith and the Angel Clarence

– December 24, 2023

“Adam Smith showed my students that they are constantly influenced for the better by the work of countless thousands of others whom they will never know.” ~Jeff Ziegler

Art and Culture, Economic Education, Free Trade

Music Has No Economic Value

– December 22, 2023

“With limited world demand for music, the economic value of that creation, like oxygen, falls to zero. The same isn’t true for the earphones I’m using, since they can’t also be used by anybody else.” ~Joakim Book

Economic Education, Fiscal Policy, Government, Taxation

Time is on Government’s Side

– December 20, 2023

“Politicians get the credit for creating the program, but bear only a small part of the cost of paying for it, leaving the vast majority of the costs to future generations.” ~Gary M. Galles