Topic: Economic Education

You Use the Roads, Don’t You?

– May 15, 2023

“Having resources taken from you against your will, and then accepting the return of some of those resources, in the form of a monopoly road system, does not make you a free rider.” ~ Michael C. Munger

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A Book to Help Young Americans Understand Economics: Economics in Action by Brian Balfour

– May 15, 2023

“Countering the plague of economic falsehoods and disinformation that statists constantly spread is crucial to our liberty, and this book does so brilliantly.” ~ George Leef

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Reduce, Reuse, and…Refuse?

– May 14, 2023

“The last thing we want is to make our virtue signaling but inefficient recycling the modern equivalent of buying indulgences to atone for alleged environmental sins.” ~ Bruce Rottman

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CEA Deserves an F on Bitcoin Mining Tax Analysis

– May 13, 2023

“The CEA’s argument would result in a failure on an introductory microeconomics exam. One expects better from a team of professional economists.” ~ Joshua R. Hendrickson

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Hail to the Chief, President 6PRKr4!

– May 12, 2023

“Assign to each candidate for high office a new, sterile name – something that reads like an abbreviated VIN for an automobile. For example: 6PRKr4. In fact, call it a PIN – ‘Politician Identification Number.'” ~ Donald J. Boudreaux

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Ideas and Consequences: Seeing Visions Everywhere

– May 5, 2023

“My vision is that we learn how to dress up a grumpy realism in snazzier clothing, and capture the noble aspirations of the unconstrained visionaries among us.” ~ Bruce Rottman

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What’s Called “Common Good Capitalism” Would Work Against the Common Good

– May 1, 2023

“Because innovation is destined not only to reveal new ends that must be fitted into — and, hence, disrupt — the ‘common good capitalist’ plan, but also to create new and unanticipated means of pursuing ends, innovation must be suppressed if any ‘common good capitalist’ plan is to be seriously imposed.” ~ Donald J. Boudreaux

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Back to the Future: The Biden Administration’s Loan Level Price Adjustment and a Repeat of the Housing Crisis

– May 1, 2023

“The LLPA would be immediately damaging to all Americans who have done the right thing, established solid credit and saved for an adequate down payment. It would be eventually damaging to those who are given unsustainable mortgages.” ~ H. Shelton Weeks & Nikolai G. Wenzel

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Job Gentrification: Three Questions as a Way of Teaching About Minimum Wages

– April 28, 2023

“If you force much higher wages — and a ‘living wage’ of $15/hour for an entry-level job in fast food is much higher — then you will ‘gentrify” jobs.’ ~ Michael C. Munger

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The Global Market Miracle of the 99-cent Pineapple

– April 27, 2023

“When past centuries’ most-iconic luxuries become commonplace and affordable, we always have specialization and market innovations to thank.” ~ Laura Williams

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It Depends—Is This an Economics Exam or the Real World?

– April 25, 2023

“Because of how important it is to recognize the initial questions which must be asked to move toward large numbers of real-world judgments, I have modified my exams to force students to confront those issues on occasion.” ~ Gary M. Galles

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Some Factual and Economic Errors of “Common Good Capitalism”

– April 25, 2023

“Arguments for ‘common good capitalism’ are chock-a-block both with factual errors and faulty economic reasoning of a sort not found in arguments for true capitalism.” ~ Donald J. Boudreaux

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