Topic: Economic Education

Where Economics and Management Studies Overlap: A Brief Review of Austrian Perspectives on Entrepreneurship, Strategy, and Organization

– June 13, 2021

“Elements is a good refresher for people who haven’t thought about it in a while, and I think it’s also a good jumping-off point for teachers looking to organize lectures and classroom activities. Yes, markets tend toward equilibrium, but this Element points us to the journey, and that’s where all the entrepreneurial action is.” ~ Art Carden

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Why British House Prices Went Up When They Should Have Gone Down

– June 12, 2021

“Two other developments undermine the idea that houses got more expensive in the last year: real interest rates and plenty of household savings. Those two trends mean that even though the sticker prices of many British homes are higher than they were before the pandemic, the ease with which the typical household could acquire them has improved.” ~ Joakim Book

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harvard building

What’s the Matter with Cambridge?

– June 11, 2021

“It is not just well-paid academics that exhibit this (presumably) counter-intuitive voting behavior. The top 300 wealthiest zip codes, those with the so-called ‘one-percenters,’ tend to favor Democrats over Republicans both in terms of financial contributions to campaigns, but also in ballots cast.” ~ Anthony Gill

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A Conversation About Human Progress and Innovation

– June 11, 2021

“On this episode of the Authors Corner, Ethan Yang speaks with Marian Tupy, a Senior Fellow at the Cato Institute and the editor of HumanProgress.org. The topics discussed touch on issues such as the rapidly improving living standards across the world, the causal factors of prosperity, the pace of innovation, and why the common narrative often distorts perceptions of human progress for the worse.” ~ AIER

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With Capitalism, Cooperation Is Just as Important as Competition

– June 10, 2021

“Unlike the common condemnation of markets as the antithesis of cooperation, Leonard Read recognized, with Ludwig von Mises, that competitive markets comprise ‘a system of mutual cooperation,’ where ‘the function of competition is to assign to every member of the social system that position in which he can best serve the whole of society and all of its members.'” ~ Gary M. Galles

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Seven Deadly Economic Sins: A Review

– June 10, 2021

“Seven Deadly Economic Sins is a must read for the general public, policymakers, and students of economics who wish to gain an understanding, at a philosophical level, of the economic fallacies that continue to circulate in common thought and among certain policymakers, along with a convincing rebuttal of each, placed in the context of why getting it right matters for human progress.” ~ David Waugh

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What’s New is Old: The Left Turns Originalist

– June 10, 2021

“The New/Old Antitrust Paradigm would reverse the presumption of legality in mergers and acquisitions, placing the burden of proof on economic actors to want to do…well, almost anything. Any economic restructuring of a business is contingent on obtaining the permission and chop of the appropriate bureaucrats and, incredibly, other ‘stakeholders’ such as competitors and labor organizations.” ~ Michael Munger

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Gerontocracy and Geezernomics

– June 9, 2021

“Most babies born today will (one hopes) live to see at least the opening of the 22nd century. Why should some self-interested geezers with ‘one foot in the grave’ born before the mid-20th century be able to diminish the quality of their lives?” ~ Robert E. Wright

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If I Could Paint

– June 7, 2021

“How I wish that I could make more visible – literally visible – to the eye the economy’s teeming, streaming, pulsing, gargantuan – yet almost completely invisible and silent – interconnectedness and complexity. The person who paints such a picture would provide a great service to humankind.” ~ Donald J. Boudreaux

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Sound Money Still Matters

– June 7, 2021

“By making precious metals a more integral part of citizens’ lives, state gold depositories are key to a return to sound money.” ~ Peter C. Earle

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Jacques Novicow, Sociologist of Peace and Freedom

– June 5, 2021

“All that Jacques Novicow saw as the experienced and potential benefits from the peaceful and productive associations among human beings, however, was dependent on the end to a spirit of both international war and domestic plunder in the form of misguided government interventions; the worst of such domestic forms of plunder and societal disintegration, he said, would be if socialism were to triumph anywhere in the world.” ~ Richard M. Ebeling

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Inequality Can Be Hurtful…in Unfree Societies

– June 5, 2021

“Economically free nations tend, by virtue of their protection of property rights, to produce more rewards to effort which increases the likelihood of upward mobility. There is one simple implication from this: if you are concerned about the societal effects of inequality, you really are concerned by the low quality of institutions.” ~ Vincent Geloso

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