Economic Education
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Free Riding, Expressive Voting and Charity
“To the extent the free-rider problem does arise, it is true that government intervention can change how much charity is provided. But that does not mean the result is closer to what we ‘really want’ to give than what we actually give.” ~ Gary M. Galles
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How To Defeat China Economically? Don’t Follow Its Worst Practices
“The Biden administration’s new PGII program is unlikely to improve upon past development initiatives. To start, it seems unlikely to offer anything new. Worse, it is a political exercise aimed at China.” ~ Doug Bandow
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The USFL and Labor Markets
“Since many kids dream of being pro athletes and sports generate billions in revenue, voluntary participation is not a problem. But sports generate enormous rents and competition to capture these rents ensures enduring strife between labor and management.” ~ Daniel Sutter
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Four Amazing Differences
“What causes the great and overwhelmingly successful coordination across the globe of the productive efforts of billions of strangers? And why is this coordination so silent and incessant that we take it for granted? We hardly notice it.” ~ Donald J. Boudreaux
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Five Ways Minimum Wage Studies Fail
“We’d all do well to keep these five points in mind the next time we see a study touting that when it comes to the minimum wage there is, in fact, a free lunch.” ~ Caleb S. Fuller
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Inflation: Hidden Costs & Debunking Myths | Liberty Curious (Video)
“In this episode of Liberty Curious, AIER Research Faculty Peter C. Earle discusses some of the lesser-known costs of inflation. He also provides an overview of what inflation actually is- and what really causes it.” ~ AIER
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Studying Economics Instills Gratitude
“Grateful hearts want to see the sort of prosperity they have enjoyed extended to others near and far. Fortunately, economics also offers the prosperity recipe—if only we have ears to listen.” ~ Caleb S. Fuller
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More On Nancy MacLean’s Egregious ‘Scholarship’
“MacLean continues to tell fantastically false fables about prominent classical-liberal scholars, many of whom are now dead and, hence, unable to defend themselves from being falsely portrayed by MacLean as cartoonish villains.” ~ Donald J. Boudreaux
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Tribalism’s Big Lie
“Over the past 200 years, explosive economic growth and advances in material well-being came as we transcended tribal thinking. Embrace the reality of a common humanity shared with all. We descend into primitive tribal thinking at our peril.” ~ Barry Brownstein
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The Wire Turns Twenty
“In the end, The Wire offers Baltimoreans no hope, and statist policymakers no path forward. But surely a smaller city government would mean a better Baltimore.” ~ Robert E. Wright
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Free Riding, Expressive Voting and Charity
“To the extent the free-rider problem does arise, it is true that government intervention can change how much charity is provided. But that does not mean the result is closer to what we ‘really want’ to give than what we actually give.” ~ Gary M. Galles
-
•
How To Defeat China Economically? Don’t Follow Its Worst Practices
“The Biden administration’s new PGII program is unlikely to improve upon past development initiatives. To start, it seems unlikely to offer anything new. Worse, it is a political exercise aimed at China.” ~ Doug Bandow
-
•
The USFL and Labor Markets
“Since many kids dream of being pro athletes and sports generate billions in revenue, voluntary participation is not a problem. But sports generate enormous rents and competition to capture these rents ensures enduring strife between labor and management.” ~ Daniel Sutter
-
•
Four Amazing Differences
“What causes the great and overwhelmingly successful coordination across the globe of the productive efforts of billions of strangers? And why is this coordination so silent and incessant that we take it for granted? We hardly notice it.” ~ Donald J. Boudreaux
-
•
Five Ways Minimum Wage Studies Fail
“We’d all do well to keep these five points in mind the next time we see a study touting that when it comes to the minimum wage there is, in fact, a free lunch.” ~ Caleb S. Fuller
-
•
Inflation: Hidden Costs & Debunking Myths | Liberty Curious (Video)
“In this episode of Liberty Curious, AIER Research Faculty Peter C. Earle discusses some of the lesser-known costs of inflation. He also provides an overview of what inflation actually is- and what really causes it.” ~ AIER
-
•
Studying Economics Instills Gratitude
“Grateful hearts want to see the sort of prosperity they have enjoyed extended to others near and far. Fortunately, economics also offers the prosperity recipe—if only we have ears to listen.” ~ Caleb S. Fuller
-
•
More On Nancy MacLean’s Egregious ‘Scholarship’
“MacLean continues to tell fantastically false fables about prominent classical-liberal scholars, many of whom are now dead and, hence, unable to defend themselves from being falsely portrayed by MacLean as cartoonish villains.” ~ Donald J. Boudreaux
-
•
Tribalism’s Big Lie
“Over the past 200 years, explosive economic growth and advances in material well-being came as we transcended tribal thinking. Embrace the reality of a common humanity shared with all. We descend into primitive tribal thinking at our peril.” ~ Barry Brownstein
-
•
The Wire Turns Twenty
“In the end, The Wire offers Baltimoreans no hope, and statist policymakers no path forward. But surely a smaller city government would mean a better Baltimore.” ~ Robert E. Wright