Economic Education
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‘Guns Versus Butter’: Tracing the Dark Origins of a Classic Economic Model
The phrase’s apparent origins in Nazi Germany — and its grim use during the 1930s and 1940s — highlight a basic truth: prioritizing guns over butter ultimately imposes the cost of lower living standards on ordinary citizens.
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How the Left Convinced Young People That Wealth Is Taken, Not Earned
Frustration with high costs has made younger generations more receptive to claims that wealth requires exploitation. But envy-driven attacks only limit our future opportunities.
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Harry Potter and the Deathly Economic Misconceptions
From goblin banks to unbreakable galleons, the wizarding world of Harry Potter reflects a form of folk economics that clashes with the realities of prosperity and growth.
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No, AI Won’t Make Money Obsolete
Even in a world of radical abundance, scarcity, tradeoffs, and uncertainty persist — and with them, the essential role of prices.
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After Nudging: The Rise and Fall of a Behavioral Economics Fad
In “It’s On You,” Nick Chater and George Loewenstein turn from advocates of “nudging,” subtle policy efforts to shape behavior without coercion, to critics who see it as ineffective and misleading.
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‘The Wealth of Nations’ and 250 Years of Economists Missing the Point
From trade policy to public debt, today’s economic debates echo those of 1776. The problem isn’t a lack of knowledge — it’s a failure to teach and apply enduring principles.
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Fallacies Forthcoming: Why Mazzucato’s Latest Is Already Outdated
Before it even hits shelves, Mariana Mazzucato’s newest book recycles ideas that economists have already dismantled.
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Redefining Inflation to Obscure Its Origins
By redefining inflation as consumer prices, we distort how we interpret policy, inequality, and markets.
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Gen-Z YouTuber Hammers Home Financial Responsibility
Foul-mouthed and fiery, Caleb Hammer is bringing sound financial advice and personal accountability to the YouTube-TikTok generation.
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Inflated Grades Deflate Future Earnings
Grade inflation may feel harmless, but it quietly erodes learning. The real cost of an easy A? About $10,000 per student, according to new research.
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‘Guns Versus Butter’: Tracing the Dark Origins of a Classic Economic Model
The phrase’s apparent origins in Nazi Germany — and its grim use during the 1930s and 1940s — highlight a basic truth: prioritizing guns over butter ultimately imposes the cost of lower living standards on ordinary citizens.
-
•
How the Left Convinced Young People That Wealth Is Taken, Not Earned
Frustration with high costs has made younger generations more receptive to claims that wealth requires exploitation. But envy-driven attacks only limit our future opportunities.
-
•
Harry Potter and the Deathly Economic Misconceptions
From goblin banks to unbreakable galleons, the wizarding world of Harry Potter reflects a form of folk economics that clashes with the realities of prosperity and growth.
-
•
No, AI Won’t Make Money Obsolete
Even in a world of radical abundance, scarcity, tradeoffs, and uncertainty persist — and with them, the essential role of prices.
-
•
After Nudging: The Rise and Fall of a Behavioral Economics Fad
In “It’s On You,” Nick Chater and George Loewenstein turn from advocates of “nudging,” subtle policy efforts to shape behavior without coercion, to critics who see it as ineffective and misleading.
-
•
‘The Wealth of Nations’ and 250 Years of Economists Missing the Point
From trade policy to public debt, today’s economic debates echo those of 1776. The problem isn’t a lack of knowledge — it’s a failure to teach and apply enduring principles.
-
•
Fallacies Forthcoming: Why Mazzucato’s Latest Is Already Outdated
Before it even hits shelves, Mariana Mazzucato’s newest book recycles ideas that economists have already dismantled.
-
•
Redefining Inflation to Obscure Its Origins
By redefining inflation as consumer prices, we distort how we interpret policy, inequality, and markets.
-
•
Gen-Z YouTuber Hammers Home Financial Responsibility
Foul-mouthed and fiery, Caleb Hammer is bringing sound financial advice and personal accountability to the YouTube-TikTok generation.
-
•
Inflated Grades Deflate Future Earnings
Grade inflation may feel harmless, but it quietly erodes learning. The real cost of an easy A? About $10,000 per student, according to new research.