Economic Education
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Why Job Turnover Is So High for Gen Z and Millennials
“As stated by Thomas Sowell, in Wealth, Poverty, and Politics, ‘Transferring the fruits of human capital is not as fundamental as spreading the human capital itself.'” ~ Kimberlee Josephson
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On the Negative Consequences of Price Floors
“As with price ceilings, if more people understood the full economic consequences of price floors, public support for the especially pernicious piece of legislation called ‘the minimum wage’ would plummet.” ~ Donald J. Boudreaux
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Micro-Microeconomics
“A renewed examination of the most basic economics—the theory of the good—might yet generate a revolutionary micro-microeconomics.” ~ Caleb S. Fuller
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Association, Causation, Expectations, and Caveat Civis
“We must recognize that in our current circumstances, honesty requires any serious answer (at least part) to involve ‘it depends,’ not the plethora of ‘trust me; follow my plan, because I know what to do’ from beltway snake oil salesmen.” ~ Gary M. Galles
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Will Google Ever Lose Its Monopoly?
“When Google fades into the history books, it won’t likely be due to actions taken in Washington. It will be due to the foresighted behavior of someone somewhere digitally tinkering in a garage. You know—the way Google did it.” ~ Caleb S. Fuller
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Parity Without Socialism: Economic Freedom and Opportunity for Women
“There is a simple policy solution for expanding opportunity for women and giving voice to them: increased economic freedom. Markets solve, as we discovered in undergraduate microeconomics… and without the unintended consequences of illiberal intervention.” ~ Megan V. Teague & Nikolai G. Wenzel
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Why Studying Economics Requires Curiosity
“Studying economics requires curiosity because economics is about providing answers to social mysteries, not about condemning or praising social interaction. To make this point is to suggest that curiosity’s close intellectual cousin—humility—is also crucial to the economist’s task.” ~ Caleb S. Fuller
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Assessing Risks Accurately Requires Accurate Information
“Each of us in our private lives has strong incentives to make these assessments correctly, for if we don’t, we personally suffer. Politicians and bureaucrats, in contrast, not only do not personally suffer if they impose excessive precautions, they are often lauded for doing so.” ~ Donald J. Boudreaux
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Understanding “Underpaid” Workers
“Money ultimately comes from employees’ pockets, but they blame their employers instead of the government for reducing what they take home as a result. When workers say ‘I was robbed,’ they may be correct–but they finger the wrong suspect.” ~ Gary M. Galles
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Politics Without Romance – Why the World Looks the Way It Does | Liberty Curious (Video)
“In this episode of Liberty Curious, AIER Senior Research Faculty Ryan Yonk joins Kate Wand to discuss Public Choice theory, which James Buchanan famously described as ‘politics without romance.’” ~ AIER
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Why Job Turnover Is So High for Gen Z and Millennials
“As stated by Thomas Sowell, in Wealth, Poverty, and Politics, ‘Transferring the fruits of human capital is not as fundamental as spreading the human capital itself.'” ~ Kimberlee Josephson
-
•
On the Negative Consequences of Price Floors
“As with price ceilings, if more people understood the full economic consequences of price floors, public support for the especially pernicious piece of legislation called ‘the minimum wage’ would plummet.” ~ Donald J. Boudreaux
-
•
Micro-Microeconomics
“A renewed examination of the most basic economics—the theory of the good—might yet generate a revolutionary micro-microeconomics.” ~ Caleb S. Fuller
-
•
Association, Causation, Expectations, and Caveat Civis
“We must recognize that in our current circumstances, honesty requires any serious answer (at least part) to involve ‘it depends,’ not the plethora of ‘trust me; follow my plan, because I know what to do’ from beltway snake oil salesmen.” ~ Gary M. Galles
-
•
Will Google Ever Lose Its Monopoly?
“When Google fades into the history books, it won’t likely be due to actions taken in Washington. It will be due to the foresighted behavior of someone somewhere digitally tinkering in a garage. You know—the way Google did it.” ~ Caleb S. Fuller
-
•
Parity Without Socialism: Economic Freedom and Opportunity for Women
“There is a simple policy solution for expanding opportunity for women and giving voice to them: increased economic freedom. Markets solve, as we discovered in undergraduate microeconomics… and without the unintended consequences of illiberal intervention.” ~ Megan V. Teague & Nikolai G. Wenzel
-
•
Why Studying Economics Requires Curiosity
“Studying economics requires curiosity because economics is about providing answers to social mysteries, not about condemning or praising social interaction. To make this point is to suggest that curiosity’s close intellectual cousin—humility—is also crucial to the economist’s task.” ~ Caleb S. Fuller
-
•
Assessing Risks Accurately Requires Accurate Information
“Each of us in our private lives has strong incentives to make these assessments correctly, for if we don’t, we personally suffer. Politicians and bureaucrats, in contrast, not only do not personally suffer if they impose excessive precautions, they are often lauded for doing so.” ~ Donald J. Boudreaux
-
•
Understanding “Underpaid” Workers
“Money ultimately comes from employees’ pockets, but they blame their employers instead of the government for reducing what they take home as a result. When workers say ‘I was robbed,’ they may be correct–but they finger the wrong suspect.” ~ Gary M. Galles
-
•
Politics Without Romance – Why the World Looks the Way It Does | Liberty Curious (Video)
“In this episode of Liberty Curious, AIER Senior Research Faculty Ryan Yonk joins Kate Wand to discuss Public Choice theory, which James Buchanan famously described as ‘politics without romance.’” ~ AIER