Economic Education
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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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Soundness, Trust, and the Real Case Against Fiat Money
The strongest objections to fiat money are moral and institutional, not legal. Inflating a currency erodes trust over time, but it isn’t counterfeiting.
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What a Children’s Book Taught Me About Core Economic Principles
Despite having no formal economics training, Richard Scarry captures Say’s Law through Busytown’s everyday interactions.
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The Year of Adam Smith: Why the Savvy Scotsman Remains So Important
Smith’s work shaped modern political economy, and his insights into human cooperation remain as relevant today as they were in 1776.
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Reflections on Four Decades of Teaching ECON 101
The most important lessons of an economic way of thinking haven’t changed much in 40 years. But the students have.
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Sports Betting and the Zero-Sum Trap: How Gambling Drains Wallets
Economic reasoning explains why sports gambling reliably makes the average bettor poorer. Point-shaving scandals and information asymmetries reveal why the odds are stacked against participants.
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The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
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When Production Isn’t Production and Prices Aren’t Prices
When we use economic terms loosely, we smuggle in assumptions that the theory itself does not support.
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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.
-
•
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.
-
•
Soundness, Trust, and the Real Case Against Fiat Money
The strongest objections to fiat money are moral and institutional, not legal. Inflating a currency erodes trust over time, but it isn’t counterfeiting.
-
•
What a Children’s Book Taught Me About Core Economic Principles
Despite having no formal economics training, Richard Scarry captures Say’s Law through Busytown’s everyday interactions.
-
•
The Year of Adam Smith: Why the Savvy Scotsman Remains So Important
Smith’s work shaped modern political economy, and his insights into human cooperation remain as relevant today as they were in 1776.
-
•
Reflections on Four Decades of Teaching ECON 101
The most important lessons of an economic way of thinking haven’t changed much in 40 years. But the students have.
-
•
Sports Betting and the Zero-Sum Trap: How Gambling Drains Wallets
Economic reasoning explains why sports gambling reliably makes the average bettor poorer. Point-shaving scandals and information asymmetries reveal why the odds are stacked against participants.
-
•
The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
-
•
When Production Isn’t Production and Prices Aren’t Prices
When we use economic terms loosely, we smuggle in assumptions that the theory itself does not support.